SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.001%

Price spread now: Phemex against KuCoin−0.002%7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$970.974% of the position

Long on KuCoin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.176%−$18 on $10k

Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.002%, 7d avg +0.035%

Together, before fees−0.203%−$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phemex is 0.037% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.002% now, against its 7-day average of +0.035%). If the spread goes back, that is −$4 on $10k: about 11 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.176%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SNDKUSDTM	1,759.5	−0.0011	get 0.0011% / 8h	1h 41m	$6.0M	$22.1M	20x
Short	Phemex SNDKUSDT	1,759.5	0	get 0.0000% / 8h	1h 41m	$2.8M	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against KuCoin. 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 KuCoinbpFee PhemexbpOrdersPrice spread, now −0.002%Rate

Funding earned: $2.31
Price spread: −0.002% → +0.035%: −$3.74
Slippage, 4 orders: −$73.35
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$98.78
Costs to cover: 0.974%
Break-even: 306.3 days

Slippage from KuCoin: live order book, 7 min ago; Phemex: live order book, 2 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 KuCoin live order book, 7 min ago	1.00 bp	13.9 bp −$14	52.1 bp −$521	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	7.41 bp	36.0 bp −$36	doesn't fit	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	−0.0302%	8h	1,759.6	+0.001%	$47.4M	$165.6M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,759.5	−0.005%	$4.0M	$4.5M	75x	as long as short
KuCoin SNDKUSDTMlong	−0.0011%	8h	1,759.5	long leg	$6.0M	$22.1M	20x
QFEX SNDK-USD	−0.0008%	1h	1,758.7	−0.047%	$1.4M	$10.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,760.8	+0.071%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,759.6	+0.001%	$279.4M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,759.8	+0.013%	$31.8M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,759.8	+0.015%	$82.2M	$834.3M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,760.3	+0.043%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,759.3	−0.013%	$176.3M	$230.5M	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	1,758.8	−0.039%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759.2	−0.018%	$14K	$1.9M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,760	+0.026%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,759	−0.031%	$13K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,758.9	−0.037%	$1K	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,759.2	−0.021%	$51K	$351K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,758.8	−0.040%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDTshort	0.0000%	8h	1,759.5	−0.002%	$2.8M	$1.1M	50x
Vest SNDK-USD-PERP	+0.0013%	1h	1,756.9	−0.152%	—	$581K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,760.3	+0.043%	$703	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,760.6	+0.063%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,759.9	+0.019%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,759.3	−0.016%	$495K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.297%	$36	$9K	12x	as long as short
Nado SNDK-PERP	+0.0037%	1h	1,759.3	−0.012%	$328K	$1.5M	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,759.2	−0.021%	$253K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,759.3	−0.014%	$242K	$675K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,759.5	−0.002%	$118.5M	$158.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,759.5	−0.002%	$4.7M	$19.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,758	−0.088%	$184K	$131K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,759.2	−0.022%	$719K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,758.8	−0.040%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,758.4	−0.065%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,758.9	−0.039%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,758.9	−0.036%	$196K	$303K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760.1	+0.029%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,758.6	−0.051%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,759.8	+0.013%	$430K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0262%	4h	1,759.8	+0.015%	$559K	$353K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0401%	1h	1,759.2	−0.017%	$126K	$346K	20x	as long as short