Funding you earn now, next payment 05:00 UTC+0.0071%/8h= +7.8% APRnext payment +$0.09 per $10,000 · paid last 24h +0.055%
Price spread now: Kraken Futures against Polymarket Perps+0.055%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs+$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$430.434% of the position
Funding, last 7 days+0.818%+$82 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.055%, 7d avg +0.034%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.021% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SNDK-USD | 1,782 | 0.0050 | pay 0.0006% / 1h | 45m 54s | $187K | $128K | 10x |
| Short | Kraken Futures PF_SNDKUSD | 1,783 | 0.0121 | get 0.0015% / 1h | 45m 54s | $130K | $352K | 20x |
Polymarket Perps SNDK-USD
Kraken Futures PF_SNDKUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14.99
- Price spread: +0.055% → +0.034%
- $2.14
- Slippage, 4 orders
- −$25.37
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$26.25
- Costs to cover
- 0.434%
- Break-even
- 19.3 days
Slippage from Polymarket Perps: live order book, 6 min ago; Kraken Futures: live order book, 7 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 Polymarket Perps live order book, 6 min ago | 1.96 bp | 6.0 bp −$6 | 6.9 bp −$69 | 8.9 bp −$890 | doesn't fit |
| Sell Kraken Futures live order book, 7 min ago | 2.52 bp | 12.2 bp −$12 | 37.8 bp −$378 | 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 | 1,782 | −0.001% | $4.0M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0091% | 1h | 1,782.5 | +0.028% | $4.9M | $19.8M | 10x | as long as short |
| Nado SNDK-PERP | −0.0049% | 1h | 1,782.8 | +0.046% | $348K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0038% | 8h | 1,782.1 | +0.005% | $6.1M | $22.0M | 20x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,782.1 | +0.004% | $1.4M | $12.4M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,785.5 | +0.199% | $436K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,783.1 | +0.060% | $21.8M | $33.8M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,781.1 | −0.053% | $284.0M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,781.1 | −0.049% | $32.3M | $101.1M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,780.7 | −0.073% | $83.5M | $824.0M | 75x | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
Nado SNDK-PERP
KuCoin SNDKUSDTM
QFEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,783.3 | +0.075% | $170K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,781 | −0.059% | $179.6M | $228.9M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,781.2 | −0.047% | $43.7M | $161.9M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,782.2 | +0.012% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,779.7 | −0.128% | $13K | $1.5M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,782.1 | +0.006% | $278K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,782.6 | +0.034% | $14K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,780.8 | −0.070% | $775 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,782.6 | +0.034% | $51K | $345K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,782 | +0.001% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,781.6 | −0.022% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0006% | 1h | 1,783.5 | +0.084% | $664 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,783.1 | +0.060% | $1.7M | $15.6M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,782.8 | +0.042% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,781 | −0.059% | $435K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.008% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,781.9 | −0.004% | $277K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,781.4 | −0.031% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,782.5 | +0.028% | $245K | $650K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,782.1 | +0.005% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,782.2 | +0.011% | $117.6M | $150.5M | 10x | as long as short |
| Polymarket Perps SNDK-USDlong | +0.0050% | 1h | 1,782 | long leg | $187K | $128K | 10x | |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,782.3 | +0.016% | $729K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,781.5 | −0.028% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,782.2 | +0.010% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,782.5 | +0.027% | $198K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,780.2 | −0.100% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,781.5 | −0.029% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSDshort | +0.0121% | 1h | 1,783 | +0.055% | $130K | $352K | 20x | |
| edgeX SNDKUSDC | +0.0290% | 4h | 1,781.1 | −0.052% | $566K | $353K | 10x | as long as short |
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC