Funding you earn now, next payment 10:00 UTC+0.0197%/8h= +21.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.006%
Price spread now: SoDEX against Extended+0.095%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$280.282% of the position
Funding, last 4 days (all we have)+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.095%, 7d avg −0.018%
=Together, before fees−0.127%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and SoDEX is 0.114% dearer against Extended than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.018%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.052% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.25 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SNDK_24_5-USD | 1,770.5 | 0.0032 | pay 0.0004% / 1h | 8m 47s | $396K | $2.3M | 10x |
| Short | SoDEX SNDK-USD | 1,772.2 | 0.0229 | get 0.0029% / 1h | 8m 47s | $727K | $523K | 10x |
Extended SNDK_24_5-USD
SoDEX SNDK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $41.3
- Price spread: +0.095% → −0.018%
- $11.37
- Slippage, 4 orders
- −$15.18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $24.49
- Costs to cover
- 0.282%
- Break-even
- 2.8 days
Slippage from Extended: live order book, 3 min ago; SoDEX: live order book, 43 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 3 min ago | 2.97 bp | 6.1 bp −$6 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 43 min ago | 0.03 bp | 7.7 bp −$8 | 40.9 bp −$409 | doesn't fit | doesn't fit |
SNDK on 40 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,771.8 | +0.071% | $4.0M | $4.7M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0072% | 1h | 1,770.6 | +0.006% | $36K | $392K | 10x | as long as short |
| Nado SNDK-PERP | −0.0010% | 1h | 1,771.8 | +0.072% | $335K | $1.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,771.7 | +0.069% | $21.6M | $32.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,771.7 | +0.069% | $282.8M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,771.7 | +0.068% | $31.3M | $106.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,771.5 | +0.056% | $82.6M | $834.1M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,773.2 | +0.153% | $139K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,771.4 | +0.051% | $181.9M | $219.9M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,771.3 | +0.045% | $49.8M | $168.6M | 75x | as long as short |
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Nado SNDK-PERP
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDTShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,771.4 | +0.049% | $2.7M | $4.7M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,768.6 | −0.107% | $275K | $189K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,772.1 | +0.090% | $13K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,772 | +0.083% | $588 | $3.1M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,771.7 | +0.068% | $1.4M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,771.8 | +0.072% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | 0.0000% | 1h | 1,771.3 | +0.047% | $1.4M | $9.5M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0016% | 1h | 1,768.8 | −0.098% | $676 | $39K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,771.8 | +0.072% | $1.2M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USDlong | +0.0032% | 1h | 1,770.5 | long leg | $396K | $2.3M | 10x | |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.664% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,771 | +0.027% | $271K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,772 | +0.085% | — | $571K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,772 | +0.085% | $246K | $682K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,772 | +0.085% | $120.9M | $152.2M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,769.9 | −0.034% | $4.6M | $19.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,771.8 | +0.073% | $187K | $130K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,769.2 | −0.074% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0051% | 8h | 1,771.2 | +0.042% | — | — | 5x | as long as short |
| Lighter SNDK | +0.0056% | 1h | 1,772.4 | +0.109% | $1.8M | $16.8M | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,771.5 | +0.057% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,771.4 | +0.051% | $199K | $305K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,770.8 | +0.015% | $6.1M | $22.9M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,771.5 | +0.053% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,771.5 | +0.053% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0136% | 1h | 1,771.3 | +0.046% | $442K | $2.1M | 10x | as long as short |
| GRVT SNDK_USDT_Perp | +0.0137% | 8h | 1,772.1 | +0.090% | $27K | $2.4M | 10x | as long as short |
| SoDEX SNDK-USDshort | +0.0229% | 1h | 1,772.2 | +0.095% | $727K | $523K | 10x | |
| edgeX SNDKUSDC | +0.0286% | 4h | 1,771 | +0.027% | $563K | $338K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0550% | 1h | 1,771.2 | +0.040% | $160K | $382K | 20x | as long as short |
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
Aftermath Perps SNDKUSD
Lighter RH SNDK
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Lighter SNDK
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
GRVT SNDK_USDT_Perp
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD