SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0627%/8h= −68.7% APRnext payment −$0.78 per $10,000 · paid last 24h −0.047%

Price spread now: Extended against Kraken Futures−0.050%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$480.482% of the position

Long on Kraken Futures Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.709%−$71 on $10k

Price spread, last 3 days (all we have)+0.129%+$13 · spread now −0.050%, 7d avg +0.002%

Together, before fees−0.581%+ Points / potential airdropExtended: Active · farm board−$58 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Extended is 0.052% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.002%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SNDKUSD	1,792.1	0.0659	pay 0.0082% / 1h	4m 22s	$130K	$366K	20x
Short	Extended SNDK_24_5-USD	1,791.2	0.0032	get 0.0004% / 1h	4m 22s	$458K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 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 Kraken FuturesbpFee ExtendedbpOrdersPrice spread, now −0.050%Rate

Funding earned: −$131.66
Price spread: −0.050% → +0.002%: −$5.19
Slippage, 4 orders: −$33.21
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$185.06
Costs to cover: 0.482%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 3 min ago; Extended: live order book, 4 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, 3 min ago	3.91 bp	19.2 bp −$19	44.6 bp −$446	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	1.12 bp	5.9 bp −$6	11.5 bp −$115	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	1,791.8	−0.020%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,791.1	−0.059%	$21.8M	$42.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,791	−0.060%	$287.3M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,791.8	−0.017%	$32.1M	$99.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,791.1	−0.056%	$86.8M	$833.0M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,791.3	−0.047%	$182.4M	$235.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,791.2	−0.049%	$47.9M	$164.3M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,791.3	−0.046%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.4	−0.151%	$21K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,790.9	−0.068%	$279K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SNDK-USD	0.0000%	1h	1,791.2	−0.049%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,790.3	−0.099%	$1K	$3.7M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,791.7	−0.026%	$51K	$328K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,790.8	−0.073%	$1.5M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,791.7	−0.026%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,791.1	−0.055%	$1.9M	$18.5M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,792.2	+0.004%	$171K	$1.8M	20x	as long as short
Nado SNDK-PERP	+0.0005%	1h	1,792.3	+0.009%	$347K	$1.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0007%	1h	1,791.3	−0.048%	$684	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,792.6	+0.028%	$1.7M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,792.1	0.000%	$1.4M	$9.7M	10x	as long as short
Extended SNDK_24_5-USDshort	+0.0032%	1h	1,791.2	−0.050%	$458K	$1.6M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.438%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,790.2	−0.104%	$305K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.8	−0.075%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,791.4	−0.040%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,791.8	−0.017%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,791.2	−0.051%	$115.1M	$146.4M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,790.1	−0.112%	$4.8M	$20.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,791	−0.062%	$188K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,791.4	−0.039%	$732K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,790.8	−0.073%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,791.3	−0.046%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,791.2	−0.051%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,790.5	−0.093%	$6.1M	$21.8M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.3	−0.160%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,790.4	−0.098%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,792.4	+0.015%	$442K	$2.3M	10x	as long as short
Kraken Futures PF_SNDKUSDlong	+0.0659%	1h	1,792.1	long leg	$130K	$366K	20x
edgeX SNDKUSDC	+0.0796%	4h	1,790.8	−0.076%	$569K	$354K	10x	as long as short