Funding you earn now, next payment 10:00 UTC−0.0236%/8h= −25.8% APRnext payment −$0.29 per $10,000 · paid last 24h −0.018%
Price spread now: Deribit against SoDEX−0.017%7-day average +0.014% · 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−$46as in the Price arb table
costs, in and out, $10k−$430.427% of the position
Funding, last 4 days (all we have)−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.017%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Deribit is 0.031% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX SNDK-USD | 1,771.9 | 0.0236 | pay 0.0029% / 1h | 8m 12s | $727K | $523K | 10x |
| Short | Deribit SNDK_USDC-PERPETUAL | 1,771.6 | 0 | get 0.0000% / 1h | 8m 12s | $36K | $392K | 10x |
SoDEX SNDK-USD
Deribit SNDK_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SoDEX. 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
- −$49.55
- Price spread: −0.017% → +0.014%
- −$3.14
- Slippage, 4 orders
- −$27.68
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$95.38
- Costs to cover
- 0.427%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 43 min ago; Deribit: 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 SoDEX live order book, 43 min ago | 0.03 bp | 7.7 bp −$8 | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 43 min ago | 4.84 bp | 8.3 bp −$8 | 11.7 bp −$117 | 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 | −0.007% | $4.0M | $4.7M | 75x | as long as short |
| Nado SNDK-PERP | −0.0009% | 1h | 1,771.6 | −0.018% | $335K | $1.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,772.3 | +0.024% | $21.6M | $32.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,771.7 | −0.008% | $282.8M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,771.9 | −0.001% | $31.4M | $106.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,771.3 | −0.033% | $82.6M | $833.9M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,773.3 | +0.078% | $146K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,771.4 | −0.029% | $181.8M | $220.1M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,771.5 | −0.020% | $50.0M | $168.6M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,771.4 | −0.028% | $2.7M | $4.7M | — | as long as short |
BloFin SNDK-USDT
Nado SNDK-PERP
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDKShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,768.6 | −0.185% | $275K | $189K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,772.3 | +0.024% | $13K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,772.1 | +0.011% | $638 | $3.1M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUALshort | 0.0000% | 1h | 1,771.6 | −0.017% | $36K | $392K | 10x | |
| HTX SNDK-USDT | 0.0000% | 8h | 1,771.6 | −0.017% | $1.4M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,771.5 | −0.021% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | 0.0000% | 1h | 1,771.6 | −0.015% | $1.4M | $9.5M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0016% | 1h | 1,769.6 | −0.131% | $677 | $39K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,771.8 | −0.003% | $1.2M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,771 | −0.048% | $396K | $2.3M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.585% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,771.1 | −0.045% | $271K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,772.2 | +0.019% | — | $571K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,772.1 | +0.012% | $246K | $680K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,771.5 | −0.021% | $120.9M | $152.3M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,770.4 | −0.084% | $4.6M | $19.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,771.8 | −0.005% | $187K | $130K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,769.2 | −0.151% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0051% | 8h | 1,771.2 | −0.037% | — | — | 5x | as long as short |
| Lighter SNDK | +0.0064% | 1h | 1,772.5 | +0.034% | $1.8M | $16.8M | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,771.8 | −0.007% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,771.7 | −0.010% | $199K | $305K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,771 | −0.051% | $6.1M | $22.9M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,771.5 | −0.024% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,771.6 | −0.015% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0136% | 1h | 1,772.4 | +0.030% | $442K | $2.1M | 10x | as long as short |
| GRVT SNDK_USDT_Perp | +0.0137% | 8h | 1,772.1 | +0.012% | $27K | $2.4M | 10x | as long as short |
| SoDEX SNDK-USDlong | +0.0236% | 1h | 1,771.9 | long leg | $727K | $523K | 10x | |
| edgeX SNDKUSDC | +0.0286% | 4h | 1,771 | −0.050% | $563K | $338K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0550% | 1h | 1,771.3 | −0.030% | $160K | $382K | 20x | as long as short |
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
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