SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.10 per $10,000 · paid last 24h −0.006%

Price spread now: Coinbase International against Polymarket Perps−0.151%7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$300.297% of the position

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.139%+$14 on $10k

Price spread, last 4 days (all we have)+0.209%+$21 · spread now −0.151%, 7d avg +0.043%

Together, before fees+0.348%+$35 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.194% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.043%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.139%, 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	1,788.4	0.0050	pay 0.0006% / 1h	36m 51s	$188K	$128K	10x
Short	Coinbase International SNDK-PERP-INTX	1,785.7	−0.0032	pay 0.0004% / 1h	36m 51s	$439K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.151%Rate

Funding earned: −$17.22
Price spread: −0.151% → +0.043%: −$19.36
Slippage, 4 orders: −$11.7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$66.29
Costs to cover: 0.297%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 20 min ago; Coinbase International: live order book, 2 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, 20 min ago	2.79 bp	6.8 bp −$7	7.2 bp −$72	8.7 bp −$874	doesn't fit
Sell Coinbase International live order book, 2 min ago	1.62 bp	7.1 bp −$7	11.6 bp −$116	31.0 bp −$3,100	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	1,788.6	+0.013%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0106%	1h	1,789.2	+0.045%	$4.9M	$19.9M	10x	as long as short
Nado SNDK-PERP	−0.0106%	1h	1,790.4	+0.114%	$311K	$1.5M	10x	as long as short
Phoenix SNDK	−0.0089%	1h	1,789.4	+0.056%	$279K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,789	+0.036%	$1.5M	$13.7M	10x	as long as short
Coinbase International SNDK-PERP-INTXshort	−0.0032%	1h	1,785.7	−0.151%	$439K	$2.3M	10x
Aster SNDKUSD1	0.0000%	8h	1,789.2	+0.044%	$21.8M	$37.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.3	+0.053%	$287.2M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789.7	+0.074%	$32.6M	$100.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,789.2	+0.045%	$84.8M	$826.4M	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	1,790.5	+0.119%	$170K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.3	+0.049%	$180.1M	$230.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,788.8	+0.021%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.7	+0.075%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790	+0.091%	$20K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,788.8	+0.022%	$15K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.5	+0.004%	$885	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.1	+0.036%	$51K	$344K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.6	+0.009%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,788.9	+0.026%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,789.5	+0.062%	$666	$38K	5x	as long as short
KuCoin SNDKUSDTM	+0.0013%	8h	1,788.2	−0.011%	$6.1M	$22.3M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,789.8	+0.079%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.4	+0.054%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.4	+0.057%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.646%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.6	+0.009%	$273K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,789.3	+0.051%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,788.9	+0.029%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.2	+0.045%	$246K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789.6	+0.067%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,789.3	+0.050%	$115.2M	$146.3M	10x	as long as short
Polymarket Perps SNDK-USDlong	+0.0050%	1h	1,788.4	long leg	$188K	$128K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,789	+0.034%	$731K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.1	+0.039%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.4	+0.002%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,789.6	+0.069%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.4	+0.058%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.2	−0.013%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0610%	4h	1,789	+0.034%	$568K	$352K	10x	as long as short