Funding you earn now, next payment 05:00 UTC−0.0078%/8h= −8.6% APRnext payment −$0.10 per $10,000 · paid last 24h −0.026%
Price spread now: Entropy against SoDEX−0.053%7-day average −0.016% · 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−$40as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 3 days (all we have)−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.053%, 7d avg −0.016%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Entropy is 0.037% cheaper against SoDEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX SNDK-USD | 1,767.3 | 0.0050 | pay 0.0006% / 1h | 3m 34s | $722K | $514K | 10x |
| Short | Entropy io:SNDK | 1,766.4 | −0.0028 | pay 0.0004% / 1h | 3m 34s | $4.8M | $19.8M | 10x |
SoDEX SNDK-USD
Entropy io:SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- −$16.42
- Price spread: −0.053% → −0.016%
- −$3.75
- Slippage, 4 orders
- −$10.7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$56.87
- Costs to cover
- 0.367%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 50 min ago; Entropy: 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 SoDEX live order book, 50 min ago | 0.03 bp | 7.7 bp −$8 | 40.7 bp −$407 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 2 min ago | 0.85 bp | 10.4 bp −$10 | doesn't fit | 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 | 1,766.5 | −0.048% | $3.9M | $4.4M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0048% | 8h | 1,765.9 | −0.082% | $6.1M | $22.1M | 20x | as long as short |
| Entropy io:SNDKshort | −0.0028% | 1h | 1,766.4 | −0.053% | $4.8M | $19.8M | 10x | |
| QFEX SNDK-USD | −0.0019% | 1h | 1,763.7 | −0.207% | $1.4M | $11.9M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,767.2 | −0.007% | $433K | $2.3M | 10x | as long as short |
| Nado SNDK-PERP | −0.0001% | 1h | 1,764.4 | −0.168% | $337K | $1.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,765.3 | −0.117% | $21.5M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,764.2 | −0.177% | $279.7M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,764.7 | −0.148% | $31.7M | $102.4M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,764.6 | −0.155% | $81.8M | $826.9M | 75x | as long as short |
BloFin SNDK-USDT
KuCoin SNDKUSDTM
QFEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Nado SNDK-PERP
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,765.4 | −0.108% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,764.4 | −0.166% | $176.9M | $231.9M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,764.9 | −0.136% | $44.2M | $162.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,767.8 | +0.026% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,766.8 | −0.033% | $10K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,767.6 | +0.015% | $275K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,768 | +0.038% | $14K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,767.4 | +0.002% | $774 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,767.8 | +0.024% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,768.4 | +0.061% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,767.8 | +0.024% | $658 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0021% | 1h | 1,762.3 | −0.286% | — | $592K | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,765.8 | −0.087% | $1.8M | $16.1M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,766.1 | −0.068% | $1.3M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,764.1 | −0.182% | $424K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.846% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,766 | −0.075% | $262K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,764.7 | −0.149% | $243K | $655K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,764.2 | −0.179% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,764.4 | −0.166% | $117.1M | $153.3M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,763.8 | −0.200% | $184K | $132K | 10x | as long as short |
| SoDEX SNDK-USDlong | +0.0050% | 1h | 1,767.3 | long leg | $722K | $514K | 10x | |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,765.9 | −0.081% | $1.4M | $5.1M | 5x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0078% | 1h | 1,768.3 | +0.057% | $51K | $346K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,767.9 | +0.030% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,765.8 | −0.090% | $196K | $296K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,765.9 | −0.081% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,767.1 | −0.012% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,768.4 | +0.058% | $128K | $355K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0477% | 4h | 1,766.5 | −0.048% | $561K | $353K | 10x | as long as short |
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Vest SNDK-USD-PERP
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
Ondo Perps SNDK-USD.P
Deribit SNDK_USDC-PERPETUAL
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC