SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.022%

Price spread now: Arcus against Polymarket Perps−0.035%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$250.255% of the position

Long on Polymarket Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.065%+$7 on $10k

Price spread, last 7 days+0.117%+$12 · spread now −0.035%, 7d avg +0.012%

Together, before fees+0.182%+$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Arcus is 0.047% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.012%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.065%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SNDK-USD	1,790.8	0.0050	pay 0.0006% / 1h	24m 46s	$187K	$135K	10x
Short	Arcus SNDK-USD	1,790.2	0.0040	get 0.0005% / 1h	24m 46s	$305K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 Polymarket PerpsbpFee ArcusbpOrdersPrice spread, now −0.035%Rate

Funding earned: −$2.04
Price spread: −0.035% → +0.012%: −$4.74
Slippage, 4 orders: −$12.98
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$32.26
Costs to cover: 0.255%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 47 min ago; Arcus: live order book, 4 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 Polymarket Perps live order book, 47 min ago	0.28 bp	5.2 bp −$5	9.2 bp −$92	10.9 bp −$1,092	doesn't fit
Sell Arcus live order book, 4 min ago	1.03 bp	9.1 bp −$9	11.2 bp −$112	doesn't fit	doesn't fit

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	1,791.3	+0.029%	$4.1M	$4.5M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0096%	1h	1,791.4	+0.036%	$50K	$314K	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,791.8	+0.055%	$21.8M	$43.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,790.7	−0.006%	$286.3M	$1.84B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,791	+0.011%	$32.1M	$100.2M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,789.9	−0.050%	$86.7M	$835.1M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,791.6	+0.045%	$182.6M	$235.2M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,790.6	−0.013%	$48.1M	$169.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,792.4	+0.087%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,793.3	+0.137%	$22K	$1.1M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,787.7	−0.173%	$278K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,791.2	+0.023%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,790	−0.047%	$863	$3.8M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,791	+0.013%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,791.3	+0.028%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,791	+0.010%	$2.0M	$19.7M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,792.3	+0.082%	$171K	$1.8M	20x	as long as short
Nado SNDK-PERP	+0.0007%	1h	1,792.6	+0.098%	$350K	$1.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0009%	1h	1,789.8	−0.057%	$684	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,791.4	+0.032%	$1.7M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,791.5	+0.039%	$1.4M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,792.6	+0.102%	$440K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.512%	$36	$9K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,790.2	−0.035%	$305K	$1.6M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,791.6	+0.043%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,791.3	+0.028%	$246K	$648K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,790.9	+0.006%	$115.2M	$147.1M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,790.2	−0.034%	$4.9M	$20.2M	10x	as long as short
Polymarket Perps SNDK-USDlong	+0.0050%	1h	1,790.8	long leg	$187K	$135K	10x
Paradex SNDK-USD-PERP	+0.0050%	8h	1,791.5	+0.041%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,793.6	+0.156%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,790.7	−0.004%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,790.6	−0.010%	$199K	$291K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,791.1	+0.017%	$6.1M	$21.9M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,793.8	+0.170%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,790.7	−0.003%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,793.9	+0.171%	$443K	$2.3M	10x	as long as short
SoDEX SNDK-USD	+0.0240%	1h	1,791.3	+0.029%	$732K	$515K	10x	as long as short
edgeX SNDKUSDC	+0.0285%	4h	1,791.6	+0.046%	$569K	$353K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0659%	1h	1,791.5	+0.040%	$130K	$379K	20x	as long as short