SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0661%/8h= −72.4% APRnext payment −$0.83 per $10,000 · paid last 24h −0.061%

Price spread now: QFEX against Kraken Futures+0.007%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$520.520% of the position

Long on Kraken Futures Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.268%−$27 on $10k

Price spread, last 3 days (all we have)+0.038%+$4 · spread now +0.007%, 7d avg −0.013%

Together, before fees−0.230%−$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SNDKUSD	1,783.6	0.0662	pay 0.0083% / 1h	52m 04s	$130K	$399K	20x
Short	QFEX SNDK-USD	1,783.8	0.0001	get 0.0000% / 1h	52m 04s	$2.2M	$20.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$138.77
Price spread: +0.007% → −0.013%: $1.96
Slippage, 4 orders: −$31.99
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$188.8
Costs to cover: 0.520%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 21 min ago; QFEX: live order book, 12 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, 21 min ago	2.25 bp	25.0 bp −$25	49.9 bp −$499	doesn't fit	doesn't fit
Sell QFEX live order book, 12 min ago	1.24 bp	6.2 bp −$6	6.2 bp −$62	11.4 bp −$1,138	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	1,783.3	−0.019%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,783.5	−0.009%	$21.9M	$46.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,783.3	−0.020%	$285.6M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,784.1	+0.026%	$32.2M	$100.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,783.9	+0.015%	$86.6M	$836.1M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,783.3	−0.020%	$182.7M	$232.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,783.3	−0.019%	$48.2M	$168.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,779.6	−0.228%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,780.1	−0.195%	$19K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,777.9	−0.321%	$277K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNDK-USDT	0.0000%	8h	1,782.3	−0.077%	$683	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,783.3	−0.017%	$50K	$310K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,783	−0.038%	$1.5M	$11.0M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,783.1	−0.029%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USDshort	+0.0001%	1h	1,783.8	+0.007%	$2.2M	$20.9M	10x
RISEx SNDK/USDC	+0.0004%	1h	1,783.8	+0.011%	$174K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,780	−0.204%	$788	$37K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,783.8	+0.008%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,783.7	+0.003%	$419K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.916%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,784	+0.023%	$1.6M	$16.0M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,780	−0.204%	$285K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,783.3	−0.019%	—	$675K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,783.4	−0.013%	$246K	$656K	20x	as long as short
Nado SNDK-PERP	+0.0049%	1h	1,784.2	+0.031%	$354K	$1.4M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,780.7	−0.164%	$4.7M	$19.9M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,783.8	+0.008%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,781.7	−0.108%	$1.4M	$4.8M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,783.2	−0.023%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,782.8	−0.046%	$212K	$279K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,782.8	−0.045%	$6.1M	$22.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,779.8	−0.213%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,782.6	−0.060%	$8K	$3K	20x	as long as short
Polymarket Perps SNDK-USD	+0.0108%	1h	1,783.8	+0.010%	$186K	$139K	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,784.3	+0.035%	$442K	$2.4M	10x	as long as short
Bullet SNDK-USD	+0.0294%	1h	1,783.3	−0.018%	$14K	$290K	10x	as long as short
tradeXYZ xyz:SNDK	+0.0309%	1h	1,783.7	+0.004%	$114.6M	$149.8M	10x	as long as short
edgeX SNDKUSDC	+0.0314%	4h	1,778.1	−0.308%	$565K	$353K	10x	as long as short
SoDEX SNDK-USD	+0.0456%	1h	1,782.9	−0.043%	$729K	$527K	10x	as long as short
Kraken Futures PF_SNDKUSDlong	+0.0662%	1h	1,783.6	long leg	$130K	$399K	20x