SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0401%/8h= −43.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.061%

Price spread now: RISEx against Kraken Futures+0.004%7-day average +0.024% · 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−$44as in the Price arb table

costs, in and out, $10k−$420.420% of the position

Long on Kraken Futures Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.226%−$23 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.004%, 7d avg +0.024%

Together, before fees−0.202%−$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and RISEx is 0.020% cheaper against Kraken Futures than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.024%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SNDKUSD	1,759.1	0.0401	pay 0.0050% / 1h	39m 27s	$126K	$346K	20x
Short	RISEx SNDK/USDC	1,759.2	0	get 0.0000% / 1h	39m 27s	$121K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.004%Rate

Funding earned: −$84.28
Price spread: +0.004% → +0.024%: −$2.02
Slippage, 4 orders: −$26.05
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$128.34
Costs to cover: 0.420%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 3 min ago; RISEx: 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	2.27 bp	15.1 bp −$15	37.7 bp −$377	doesn't fit	doesn't fit
Sell RISEx live order book, 4 min ago	1.53 bp	4.5 bp −$5	5.9 bp −$59	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	−0.0322%	8h	1,758.3	−0.048%	$47.5M	$165.8M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,759.3	+0.009%	$4.0M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0010%	8h	1,758.9	−0.014%	$6.0M	$22.1M	20x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,757.8	−0.073%	$1.4M	$10.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,759.7	+0.034%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,758	−0.062%	$279.2M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,758.7	−0.021%	$31.7M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,758	−0.063%	$82.2M	$833.6M	75x	as long as short
RISEx SNDK/USDCshort	0.0000%	1h	1,759.2	+0.004%	$121K	$1.6M	20x
Gate SNDK_USDT	0.0000%	8h	1,758.3	−0.046%	$176.8M	$230.7M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,758.6	−0.026%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,758.8	−0.015%	$15K	$1.9M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,759.4	+0.017%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,759	−0.008%	$13K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,758.6	−0.026%	$837	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,759.2	+0.005%	$51K	$351K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,758.3	−0.045%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,758.8	−0.016%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0013%	1h	1,756	−0.175%	—	$581K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,759.9	+0.045%	$703	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,759.1	0.000%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,758.4	−0.040%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,758.5	−0.034%	$491K	$2.0M	10x	as long as short
Nado SNDK-PERP	+0.0033%	1h	1,758.8	−0.015%	$328K	$1.5M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.322%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.6	−0.031%	$253K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,758.4	−0.040%	$242K	$675K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,758.1	−0.057%	$118.4M	$158.6M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,759	−0.006%	$4.7M	$19.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,757.1	−0.114%	$184K	$131K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,758.8	−0.019%	$719K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,758.2	−0.053%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,758.4	−0.040%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,758.6	−0.027%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,758.2	−0.052%	$196K	$303K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.3	+0.009%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,758.6	−0.029%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,759.6	+0.025%	$429K	$2.3M	10x	as long as short
Kraken Futures PF_SNDKUSDlong	+0.0401%	1h	1,759.1	long leg	$126K	$346K	20x
edgeX SNDKUSDC	+0.0662%	4h	1,758.9	−0.010%	$559K	$352K	10x	as long as short