SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0161%/8h= −17.6% APRnext payment −$0.20 per $10,000 · paid last 24h −0.026%

Price spread now: Entropy against Ondo Perps+0.101%7-day average −0.056% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Entropy

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 7 days−0.142%−$14 · spread now +0.101%, 7d avg −0.056%

Together, before fees−0.174%+ Points / potential airdropOndo Perps: Active · farm board−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Entropy is 0.157% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of −0.056%): +$16 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 7 days (−0.031% in total) that is about 35 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps SNDK-USD.P	1,778.7	0.0050	pay 0.0006% / 1h	41m 55s	$1.4M	$5.1M	5x
Short	Entropy io:SNDK	1,780.5	−0.0110	pay 0.0014% / 1h	41m 55s	$4.8M	$19.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Entropy against Ondo Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Ondo PerpsbpFee EntropybpOrdersPrice spread, now +0.101%Rate

Funding earned: −$33.79
Price spread: +0.101% → −0.056%: $15.7
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Entropy: 9 bp × 2 orders: −$18
Net: −$41.09
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Entropy: live order book, 5 min ago. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Entropy live order book, 5 min ago	0.28 bp	11.0 bp −$11	doesn't fit	doesn't fit	doesn't fit

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SNDK on 40 venues

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	1,779.6	+0.049%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDKshort	−0.0110%	1h	1,780.5	+0.101%	$4.8M	$19.9M	10x
KuCoin SNDKUSDTM	−0.0042%	8h	1,780.9	+0.123%	$6.1M	$22.1M	20x	as long as short
Nado SNDK-PERP	−0.0041%	1h	1,779.8	+0.061%	$346K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,779.7	+0.056%	$1.4M	$12.2M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,780.2	+0.085%	$433K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,781.3	+0.147%	$21.8M	$33.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,780.5	+0.101%	$283.7M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,780.9	+0.123%	$32.4M	$101.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,780.6	+0.107%	$83.5M	$824.8M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,780.1	+0.081%	$170K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,780.6	+0.108%	$179.4M	$229.1M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,780.6	+0.109%	$43.8M	$162.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,782.2	+0.198%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,780.4	+0.095%	$17K	$1.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,782.2	+0.197%	$278K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,780.9	+0.124%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,779.3	+0.035%	$737	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,781.2	+0.139%	$51K	$346K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,779	+0.015%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,780.8	+0.120%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0006%	1h	1,781.5	+0.158%	$663	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,781.4	+0.149%	$1.7M	$15.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,781	+0.126%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,780.5	+0.103%	$435K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.195%	$36	$9K	12x	as long as short
edgeX SNDKUSDC	+0.0036%	4h	1,782	+0.187%	$566K	$353K	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,779.8	+0.061%	$265K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.5	−0.011%	—	$580K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,780.7	+0.112%	$245K	$650K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,779.1	+0.023%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,780.8	+0.118%	$117.6M	$150.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,780.5	+0.101%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,779.7	+0.057%	$727K	$514K	10x	as long as short
Ondo Perps SNDK-USD.Plong	+0.0050%	1h	1,778.7	long leg	$1.4M	$5.1M	5x
Aevo SNDK-PERP	+0.0080%	1h	1,780.4	+0.094%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,779.8	+0.063%	$198K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,780.6	+0.109%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,780.1	+0.079%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,781.4	+0.149%	$130K	$352K	20x	as long as short