Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0274%/8h= +30.0% APRpaid last 24h +0.085%

Price spread now: Kraken Futures against Binance+0.060%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs+$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$440.439% of the position

Long on Binance Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.632%+$63 on $10k

Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.060%, 7d avg +0.027%

Together, before fees+0.606%+$61 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 0.033% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SNDKUSDT	1,761.7	0	get 0.0000% / 8h	13m 00s	$280.0M	$1.86B	75x
Short	Kraken Futures PF_SNDKUSD	1,762.7	0.0274	get 0.0034% / 1h	13m 00s	$127K	$338K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Binance. 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 BinancebpFee Kraken FuturesbpOrdersPrice spread, now +0.060%Rate

Funding earned: $57.52
Price spread: +0.060% → +0.027%: $3.29
Slippage, 4 orders: −$23.85
Fee Binance: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $16.96
Costs to cover: 0.439%
Break-even: 4.9 days

Slippage from Binance: live order book, 16 min ago; Kraken Futures: live order book, 25 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 Binance live order book, 16 min ago	0.03 bp	5.0 bp −$5	6.3 bp −$63	15.7 bp −$1,570	doesn't fit
Sell Kraken Futures live order book, 25 min ago	2.55 bp	18.0 bp −$18	41.8 bp −$418	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	−0.0256%	8h	1,761.8	+0.005%	$48.2M	$165.9M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762.6	+0.054%	$3.9M	$4.6M	75x	as long as short
KuCoin SNDKUSDTM	−0.0006%	8h	1,761.8	+0.007%	$6.0M	$22.5M	20x	as long as short
Nado SNDK-PERP	−0.0004%	1h	1,762.2	+0.030%	$330K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,761.8	+0.008%	$1.4M	$9.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.1	+0.023%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,761.7	long leg	$280.0M	$1.86B	75x
Bybit SNDKUSDT	0.0000%	8h	1,762	+0.016%	$31.8M	$103.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,761.3	−0.021%	$82.3M	$833.4M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,763.2	+0.086%	$120K	$1.6M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,761.9	+0.015%	$179.2M	$229.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,761.4	−0.016%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,761.9	+0.014%	$18K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761.6	−0.004%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762.5	+0.046%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,762.1	+0.025%	$788	$3.4M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,762.3	+0.038%	$51K	$355K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.1	−0.033%	$1.4M	$10.5M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.3	+0.034%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0016%	1h	1,762.4	+0.041%	$716	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0016%	1h	1,759.8	−0.104%	—	$579K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.7	+0.059%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.9	+0.016%	$495K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.174%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,763.3	+0.091%	$1.8M	$16.4M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,760.6	−0.058%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.3	+0.036%	$242K	$651K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,761.8	+0.008%	$119.8M	$158.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,761.6	−0.004%	$4.6M	$19.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,761.2	−0.026%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,762.2	+0.028%	$721K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,761.8	+0.010%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.8	+0.008%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,762.1	+0.024%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,762	+0.019%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,761.7	+0.003%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,762.1	+0.022%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,762.3	+0.037%	$428K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSDshort	+0.0274%	1h	1,762.7	+0.060%	$127K	$338K	20x
edgeX SNDKUSDC	+0.0857%	4h	1,761.3	−0.021%	$560K	$352K	10x	as long as short