← radar
SNDK — funding rate on OKX
OKX · SNDK-USDT-SWAP+0.009%per 8h · +0.001%/hshorts receive
last settlement+0.009%→upcoming payout+0.009%• unchanged
7:51:36settlement
0calmheat
Price (mark)
890.6
+10.1% 24h
Vol 24h
$1.3B
Open interest
$93.6M
Price move in 2 min
—
avg 7d
+0.001%/h
avg 30d
+0.001%/h
Price and skew
Liquidations
24h$3.8M
$1.3M longs$2.5M shorts
Shorts were wiped — 67% of the total. $140 over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $0.23 · $0.03/hour
- Net snipe per settlement
- $-3.77 = 0.009% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.06×needs 0.160%+ per settlement
- Liquidation price
- 1,064.3 (+19.50% from price)
- Risk at this leverage
- no volatility data
- Max “green” leverage
- —
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Context and comparison
Funding history · 251 settlements
SNDK on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bitget | +0.030% / 8h | +0.004%/h | shorts | -0.130% |
| Binance | +0.018% / 8h | +0.002%/h | shorts | -0.142% |
| Bybit | +0.013% / 8h | +0.002%/h | shorts | -0.147% |
| OKX ← you are here | +0.009% / 8h | +0.001%/h | shorts | -0.151% |
Bitget+0.004%/h
shortsrate +0.030% / 8hsnipe -0.130%
Binance+0.002%/h
shortsrate +0.018% / 8hsnipe -0.142%
Bybit+0.002%/h
shortsrate +0.013% / 8hsnipe -0.147%
OKX← you are here+0.001%/h
shortsrate +0.009% / 8hsnipe -0.151%
Max spread across exchanges: +0.003%/h
SNDK across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
4 exchanges on one timeline
Bitgetevery 8hBinanceevery 8hOKXevery 8hBybitevery 8hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0020%/h
widest spread
0.0063%/h
08.11 17:00 UTC · Bitget ↔ Binance
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter short before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a short here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.