SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.019%

Price spread now: SoDEX against QFEX+0.031%7-day average −0.005% · 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−$25as in the Price arb table

costs, in and out, $10k−$280.283% of the position

Long on QFEX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.063%+$6 on $10k

Price spread, last 3 days (all we have)−0.067%−$7 · spread now +0.031%, 7d avg −0.005%

Together, before fees−0.005%$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SoDEX is 0.036% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SNDK-USD	1,784.6	−0.0024	get 0.0003% / 1h	18m 12s	$1.7M	$16.5M	10x
Short	SoDEX SNDK-USD	1,785.2	0.0050	get 0.0006% / 1h	18m 12s	$730K	$515K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against QFEX. 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 QFEXbpFee SoDEXbpOrdersPrice spread, now +0.031%Rate

Funding earned: $15.54
Price spread: +0.031% → −0.005%: $3.65
Slippage, 4 orders: −$10.29
Fee QFEX: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$9.1
Costs to cover: 0.283%
Break-even: 11.1 days

Slippage from QFEX: live order book, 6 min ago; SoDEX: live order book, 51 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 QFEX live order book, 6 min ago	0.03 bp	6.8 bp −$7	6.8 bp −$68	11.5 bp −$1,146	doesn't fit
Sell SoDEX live order book, 51 min ago	0.03 bp	7.7 bp −$8	38.0 bp −$380	doesn't fit	doesn't fit

SNDK on 39 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
Deribit SNDK_USDC-PERPETUAL	−0.0120%	1h	1,785.5	+0.051%	$51K	$331K	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,785.1	+0.027%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0037%	1h	1,785.3	+0.039%	$4.9M	$20.5M	10x	as long as short
QFEX SNDK-USDlong	−0.0024%	1h	1,784.6	long leg	$1.7M	$16.5M	10x
Nado SNDK-PERP	−0.0023%	1h	1,785.4	+0.046%	$360K	$1.4M	10x	as long as short
tradeXYZ xyz:SNDK	−0.0008%	1h	1,785	+0.022%	$114.3M	$146.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.3	+0.095%	$21.8M	$36.8M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,785.1	+0.030%	$285.9M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,785.4	+0.047%	$32.1M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,784.8	+0.011%	$85.5M	$828.2M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,785	+0.019%	$180.8M	$232.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,785	+0.022%	$44.0M	$164.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	−0.029%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.6	+0.114%	$13K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,784.7	+0.006%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.1	+0.027%	$893	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,784.4	−0.012%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,785	+0.020%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,785.9	+0.072%	$701	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,786.7	+0.115%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,786	+0.078%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,785.7	+0.062%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.860%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783.9	−0.038%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,784.5	−0.006%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,784.8	+0.011%	$245K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,784.6	−0.003%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784.3	−0.017%	$187K	$135K	10x	as long as short
SoDEX SNDK-USDshort	+0.0050%	1h	1,785.2	+0.031%	$730K	$515K	10x
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.4	−0.012%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,784.9	+0.016%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,785.2	+0.030%	$437K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,784.9	+0.015%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,784.9	+0.018%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,784.6	−0.001%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,784.2	−0.025%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,785.7	+0.061%	$130K	$357K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,785.9	+0.073%	$164K	$1.8M	20x	as long as short
edgeX SNDKUSDC	+0.0883%	4h	1,784.9	+0.016%	$567K	$352K	10x	as long as short