SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.048%

Price spread now: Kraken Futures against Popdex+0.020%7-day average 0.000% · 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−$460.464% of the position

Long on Popdex Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.232%+$23 on $10k

Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.020%, 7d avg 0.000%

Together, before fees+0.144%+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Kraken Futures is 0.020% dearer against Popdex than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex SNDKUSDT	1,789.7	0.0048	pay 0.0006% / 1h	4m 03s	$247K	$647K	20x
Short	Kraken Futures PF_SNDKUSD	1,790.1	0.0058	get 0.0007% / 1h	4m 03s	$130K	$352K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Popdex. 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 PopdexbpFee Kraken FuturesbpOrdersPrice spread, now +0.020%Rate

Funding earned: $2.13
Price spread: +0.020% → 0.000%: $2.04
Slippage, 4 orders: −$30.02
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$42.25
Costs to cover: 0.464%
Break-even: 146.0 days

Slippage from Popdex: live order book, 60 min ago; Kraken Futures: live order book, 59 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 Popdex live order book, 60 min ago	0.56 bp	3.8 bp −$4	5.3 bp −$53	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 59 min ago	1.96 bp	17.5 bp −$17	41.1 bp −$411	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	1,790.2	+0.028%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,790.7	+0.056%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0048%	1h	1,791	+0.070%	$361K	$1.4M	10x	as long as short
Entropy io:SNDK	−0.0045%	1h	1,790.1	+0.022%	$4.9M	$20.0M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,789.7	+0.001%	$1.5M	$14.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.6	−0.005%	$21.8M	$35.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.3	−0.021%	$286.8M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789.8	+0.006%	$32.5M	$99.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,788.8	−0.050%	$84.9M	$824.8M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,791	+0.072%	$170K	$1.8M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,789.2	−0.031%	$180.2M	$231.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,788.7	−0.059%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.6	−0.006%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790.1	+0.023%	$19K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.7	−0.001%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.8	−0.053%	$801	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.8	+0.007%	$51K	$342K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.9	−0.045%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.2	−0.027%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,790.6	+0.052%	$666	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0011%	1h	1,789.1	−0.034%	$114.7M	$145.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.224%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.2	+0.028%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790	+0.017%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.7	0.000%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.573%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.9	−0.046%	$313K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.2	+0.030%	—	$581K	10x	as long as short
Popdex SNDKUSDTlong	+0.0048%	1h	1,789.7	long leg	$247K	$647K	20x
Paradex SNDK-USD-PERP	+0.0049%	8h	1,790	+0.017%	—	—	5x	as long as short
KuCoin SNDKUSDTM	+0.0049%	8h	1,789	−0.039%	$6.1M	$22.1M	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.6	−0.006%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.5	−0.011%	$732K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.9	+0.011%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSDshort	+0.0058%	1h	1,790.1	+0.020%	$130K	$352K	20x
Aevo SNDK-PERP	+0.0080%	1h	1,789.1	−0.032%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,790.2	+0.030%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.9	+0.012%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789.1	−0.036%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0650%	4h	1,789.5	−0.012%	$568K	$352K	10x	as long as short