SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h +0.053%

Price spread now: Kraken Futures against Coinbase International+0.090%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs+$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$520.522% of the position

Long on Coinbase International Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.681%+$68 on $10k

Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.090%, 7d avg −0.012%

Together, before fees+0.568%+$57 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.102% dearer against Coinbase International than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SNDK-PERP-INTX	1,785.7	0.0024	pay 0.0003% / 1h	28m 54s	$439K	$2.3M	10x
Short	Kraken Futures PF_SNDKUSD	1,787.3	0.0058	get 0.0007% / 1h	28m 54s	$130K	$352K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. 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 Coinbase InternationalbpFee Kraken FuturesbpOrdersPrice spread, now +0.090%Rate

Funding earned: $7.19
Price spread: +0.090% → −0.012%: $10.23
Slippage, 4 orders: −$32.24
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$34.83
Costs to cover: 0.522%
Break-even: 40.9 days

Slippage from Coinbase International: live order book, 5 min ago; Kraken Futures: live order book, 34 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 Coinbase International live order book, 5 min ago	1.23 bp	6.6 bp −$7	11.7 bp −$117	30.8 bp −$3,080	doesn't fit
Sell Kraken Futures live order book, 34 min ago	1.96 bp	17.5 bp −$17	41.1 bp −$411	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	1,786.3	+0.031%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,787.1	+0.078%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0051%	1h	1,787.1	+0.078%	$4.9M	$20.2M	10x	as long as short
Nado SNDK-PERP	−0.0036%	1h	1,788	+0.127%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,786.8	+0.059%	$1.5M	$14.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.7	+0.054%	$21.8M	$37.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,785.8	+0.003%	$285.3M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,786.2	+0.027%	$32.1M	$99.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.8	+0.006%	$85.0M	$822.4M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,788.2	+0.137%	$170K	$1.8M	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	1,786.1	+0.023%	$180.1M	$230.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,786.1	+0.025%	$43.8M	$161.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,787.9	+0.122%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,788	+0.128%	$10K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786.9	+0.067%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,786	+0.017%	$589	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,786.9	+0.069%	$51K	$338K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786.7	+0.056%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.4	+0.041%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,787.6	+0.107%	$665	$38K	5x	as long as short
Coinbase International SNDK-PERP-INTXlong	+0.0024%	1h	1,785.7	long leg	$439K	$2.3M	10x
tradeXYZ xyz:SNDK	+0.0028%	1h	1,786.5	+0.045%	$114.5M	$145.7M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,787.6	+0.108%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,787.3	+0.092%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.6	+0.049%	$464K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.799%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,786.2	+0.027%	$313K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,786.9	+0.067%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,787.1	+0.078%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,786.7	+0.056%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,786.7	+0.056%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,786.6	+0.048%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.5	+0.045%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSDshort	+0.0058%	1h	1,787.3	+0.090%	$130K	$352K	20x
Aevo SNDK-PERP	+0.0080%	1h	1,786.4	+0.041%	$1K	—	10x	as long as short
KuCoin SNDKUSDTM	+0.0084%	8h	1,786.4	+0.039%	$6.1M	$21.7M	20x	as long as short
Pacifica SNDK	+0.0094%	1h	1,786.9	+0.068%	$199K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,788.4	+0.148%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.5	+0.044%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0871%	4h	1,787.7	+0.115%	$568K	$353K	10x	as long as short