SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Polymarket Perps against Popdex−0.040%7-day average −0.017% · 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−$38as in the Price arb table

costs, in and out, $10k−$360.357% of the position

Long on Popdex Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.100%−$10 on $10k

Price spread, last 4 days (all we have)+0.756%+$76 · spread now −0.040%, 7d avg −0.017%

Together, before fees+0.656%+$66 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.022% cheaper against Popdex than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex SNDKUSDT	1,759.6	0.0048	pay 0.0006% / 1h	56m 47s	$242K	$665K	20x
Short	Polymarket Perps SNDK-USD	1,758.9	0.0050	get 0.0006% / 1h	56m 47s	$186K	$130K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Popdex. 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 PopdexbpFee Polymarket PerpsbpOrdersPrice spread, now −0.040%Rate

Funding earned: $0.42
Price spread: −0.040% → −0.017%: −$2.23
Slippage, 4 orders: −$21.27
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$37.48
Costs to cover: 0.357%
Break-even: 631.7 days

Slippage from Popdex: live order book, 37 min ago; Polymarket Perps: live order book, 21 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 Popdex live order book, 37 min ago	4.29 bp	8.0 bp −$8	11.1 bp −$111	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 21 min ago	3.42 bp	10.3 bp −$10	10.8 bp −$108	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
Bitget SNDKUSDT	−0.0126%	8h	1,760.3	+0.039%	$49.7M	$168.3M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,761.4	+0.103%	$3.9M	$4.6M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,760.1	+0.030%	$21.4M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,760	+0.021%	$279.2M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,760.4	+0.044%	$32.1M	$105.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,760.6	+0.057%	$82.2M	$828.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,760.5	+0.050%	$136K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,760.2	+0.035%	$181.4M	$216.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.2	−0.081%	$2.6M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,758.3	−0.074%	$23K	$2.3M	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	1,759.4	−0.011%	$274K	$189K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,759.6	0.000%	$13K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,759	−0.037%	$587	$3.2M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,759.6	−0.003%	$51K	$358K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,758.5	−0.061%	$1.4M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,760.5	+0.049%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	0.0000%	1h	1,758.6	−0.057%	$1.4M	$9.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0016%	1h	1,759.3	−0.019%	$673	$38K	5x	as long as short
KuCoin SNDKUSDTM	+0.0026%	8h	1,758.8	−0.048%	$6.0M	$22.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,760.3	+0.041%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,759.5	−0.008%	$390K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.294%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.4	−0.066%	$270K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,759.7	+0.004%	—	$571K	10x	as long as short
Popdex SNDKUSDTlong	+0.0048%	1h	1,759.6	long leg	$242K	$665K	20x
tradeXYZ xyz:SNDK	+0.0050%	1h	1,760	+0.023%	$119.4M	$159.5M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,759.6	0.000%	$4.5M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USDshort	+0.0050%	1h	1,758.9	−0.040%	$186K	$130K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,759.7	+0.007%	$720K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,759	−0.034%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0052%	8h	1,759	−0.035%	—	—	5x	as long as short
Nado SNDK-PERP	+0.0071%	1h	1,758.5	−0.063%	$336K	$1.5M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,759.3	−0.016%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,758.4	−0.068%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,757.4	−0.127%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,758.9	−0.038%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0120%	4h	1,759.5	−0.003%	$559K	$338K	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0136%	1h	1,759.4	−0.010%	$440K	$2.1M	10x	as long as short
Lighter SNDK	+0.0200%	1h	1,761.4	+0.103%	$1.7M	$16.5M	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0553%	1h	1,760.1	+0.031%	$128K	$333K	20x	as long as short