Funding you earn now, next payment 06:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.03 per $10,000 · paid last 24h −0.039%
Price spread now: ApeX Omni against Kraken Futures+0.183%75s7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$560.558% of the position
Funding, last 7 days−0.611%−$61 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.183%, 7d avg +0.020%
=The price spread pays, funding is against you. ApeX Omni is 0.163% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.183% now, against its 7-day average of +0.020%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days. At the pace of the last 7 days (−0.611% in total) that is about 45 hours. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SNDKUSD | 1,769.4 | 0.0121 | pay 0.0015% / 1h | 46m 15s | $128K | $355K | 20x |
| Short | ApeX Omni SNDKUSDT | 1,772.7 | 0.0100 | get 0.0013% / 1h | 46m 15s | $68K | $271K | 50x |
Kraken Futures PF_SNDKUSD
ApeX Omni SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- −$4.5
- Price spread: +0.183% → +0.020%
- $16.3
- Slippage, 4 orders
- −$35.78
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$43.98
- Costs to cover
- 0.558%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; ApeX Omni: live order book, 66 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 Kraken Futures live order book, 1 min ago | 2.83 bp | 12.2 bp −$12 | 36.6 bp −$366 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 66 min ago | 7.74 bp | 12.8 bp −$13 | 35.1 bp −$351 | 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 | 1,768.8 | −0.037% | $3.9M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0043% | 8h | 1,769.3 | −0.009% | $6.1M | $22.1M | 20x | as long as short |
| Bitget SNDKUSDT | −0.0019% | 8h | 1,769.1 | −0.017% | $44.6M | $162.5M | 75x | as long as short |
| Nado SNDK-PERP | −0.0019% | 1h | 1,770 | +0.033% | $336K | $1.5M | 10x | as long as short |
| Entropy io:SNDK | −0.0004% | 1h | 1,769.6 | +0.010% | $4.8M | $19.8M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,769.5 | +0.006% | $1.4M | $11.2M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,769.7 | +0.017% | $21.6M | $32.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,768.8 | −0.034% | $279.8M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,769 | −0.026% | $31.7M | $103.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,769.1 | −0.018% | $82.7M | $829.9M | 75x | as long as short |
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Bitget SNDKUSDT
Nado SNDK-PERP
Entropy io:SNDK
QFEX SNDK-USD
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 | 1,770.7 | +0.072% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,768.9 | −0.030% | $177.5M | $228.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,772.2 | +0.158% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,772.5 | +0.175% | $22K | $1.7M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,770.1 | +0.039% | $276K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,768.8 | −0.035% | $14K | $285K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,768.8 | −0.033% | $677 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,768.5 | −0.052% | $51K | $347K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,768.3 | −0.066% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,768.7 | −0.039% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,770.1 | +0.036% | $686 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0014% | 1h | 1,767 | −0.139% | — | $586K | 10x | as long as short |
| Pacifica SNDK | +0.0024% | 1h | 1,769.8 | +0.022% | $197K | $304K | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,769.9 | +0.025% | $1.3M | $9.3M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,768.5 | −0.051% | $423K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.726% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,768.9 | −0.029% | $263K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,768.8 | −0.035% | $243K | $653K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,769.3 | −0.005% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,768.7 | −0.040% | $117.7M | $154.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,767.8 | −0.091% | $185K | $132K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,768.4 | −0.057% | $1.4M | $5.1M | 5x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0072% | 1h | 1,773.7 | +0.244% | $435K | $2.4M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,768.5 | −0.053% | $1K | — | 10x | as long as short |
| ApeX Omni SNDKUSDTshort | +0.0100% | 1h | 1,772.7 | +0.183% | $68K | $271K | 50x | |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,768.1 | −0.077% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSDlong | +0.0121% | 1h | 1,769.4 | long leg | $128K | $355K | 20x | |
| Lighter SNDK | +0.0128% | 1h | 1,769.5 | +0.007% | $1.7M | $15.8M | 20x | as long as short |
| SoDEX SNDK-USD | +0.0147% | 1h | 1,768.9 | −0.030% | $723K | $513K | 10x | as long as short |
| edgeX SNDKUSDC | +0.0156% | 4h | 1,771.9 | +0.140% | $563K | $353K | 10x | as long as short |
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Vest SNDK-USD-PERP
Pacifica 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
Coinbase International SNDK-PERP-INTX
Aevo SNDK-PERP
Orderly PERP_SNDK_USDC_mythos
Lighter SNDK
SoDEX SNDK-USD
edgeX SNDKUSDC