SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.046%

Price spread now: SoDEX against Kraken Futures−0.022%7-day average −0.017% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$540.542% of the position

Long on Kraken Futures Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.222%−$22 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.022%, 7d avg −0.017%

Together, before fees−0.224%−$22 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SNDKUSD	1,789.8	0.0058	pay 0.0007% / 1h	1m 56s	$130K	$352K	20x
Short	SoDEX SNDK-USD	1,789.4	0.0050	get 0.0006% / 1h	1m 56s	$731K	$514K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$1.71
Price spread: −0.022% → −0.017%: −$0.48
Slippage, 4 orders: −$36.15
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$56.34
Costs to cover: 0.542%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 61 min ago; SoDEX: live order book, 62 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, 61 min ago	1.96 bp	21.5 bp −$21	50.3 bp −$503	doesn't fit	doesn't fit
Sell SoDEX live order book, 62 min ago	0.03 bp	7.6 bp −$8	40.2 bp −$402	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	1,789.4	−0.020%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,789.9	+0.007%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0050%	1h	1,790.8	+0.058%	$361K	$1.4M	10x	as long as short
Entropy io:SNDK	−0.0049%	1h	1,789.8	+0.001%	$4.9M	$20.0M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,789.2	−0.032%	$1.5M	$14.3M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0013%	1h	1,789.4	−0.020%	$51K	$342K	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.1	−0.038%	$21.8M	$35.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.8	+0.003%	$287.1M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790.3	+0.028%	$32.5M	$99.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,789.8	+0.001%	$84.9M	$825.3M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,790.5	+0.040%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.5	−0.014%	$180.0M	$231.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.5	−0.014%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.6	−0.010%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790.1	+0.018%	$19K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.4	−0.021%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.4	−0.080%	$721	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.4	−0.023%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.7	−0.007%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,790.2	+0.023%	$666	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0010%	1h	1,789.5	−0.016%	$114.8M	$145.8M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.228%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.3	+0.030%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.8	+0.001%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,790	+0.014%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.569%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.5	−0.073%	$313K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	+0.0045%	8h	1,788.8	−0.054%	$6.1M	$22.1M	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789.5	−0.017%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.5	−0.016%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789.8	+0.001%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789	−0.044%	$188K	$128K	10x	as long as short
SoDEX SNDK-USDshort	+0.0050%	1h	1,789.4	−0.022%	$731K	$514K	10x
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789	−0.044%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSDlong	+0.0058%	1h	1,789.8	long leg	$130K	$352K	20x
Aevo SNDK-PERP	+0.0080%	1h	1,789	−0.044%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,789.5	−0.016%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,791	+0.068%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.7	−0.058%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0142%	4h	1,789.8	0.000%	$568K	$353K	10x	as long as short