Funding you earn now, next payment 06:00 UTC+0.0121%/8h= +13.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.059%
Price spread now: Kraken Futures against RISEx−0.047%7-day average −0.024% · 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−$43as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 4 days (all we have)+0.224%+$22 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.047%, 7d avg −0.024%
=Funding pays, the price is against you. Kraken Futures is 0.023% cheaper against RISEx than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of −0.024%). If the spread goes back, that is −$2 on $10k: about 15 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx SNDK/USDC | 1,770.6 | 0 | get 0.0000% / 1h | 44m 48s | $121K | $1.6M | 20x |
| Short | Kraken Futures PF_SNDKUSD | 1,769.8 | 0.0121 | get 0.0015% / 1h | 44m 48s | $128K | $355K | 20x |
RISEx SNDK/USDC
Kraken Futures PF_SNDKUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against RISEx. 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
- $25.49
- Price spread: −0.047% → −0.024%
- −$2.35
- Slippage, 4 orders
- −$24.2
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$17.05
- Costs to cover
- 0.402%
- Break-even
- 11.7 days
Slippage from RISEx: live order book, 4 min ago; Kraken Futures: live order book, 3 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 RISEx live order book, 4 min ago | 2.00 bp | 5.0 bp −$5 | 6.5 bp −$65 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 2.83 bp | 18.0 bp −$18 | 44.4 bp −$444 | 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 | 1,768.2 | −0.137% | $3.9M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0041% | 8h | 1,768.4 | −0.128% | $6.1M | $22.0M | 20x | as long as short |
| Bitget SNDKUSDT | −0.0022% | 8h | 1,768.7 | −0.111% | $44.6M | $162.4M | 75x | as long as short |
| Nado SNDK-PERP | −0.0012% | 1h | 1,770 | −0.037% | $336K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,769.5 | −0.063% | $1.4M | $11.2M | 10x | as long as short |
| Entropy io:SNDK | −0.0003% | 1h | 1,769.2 | −0.081% | $4.7M | $19.8M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,769.7 | −0.051% | $21.6M | $32.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,768.8 | −0.107% | $279.8M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,768.9 | −0.100% | $31.7M | $103.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,768.9 | −0.098% | $82.7M | $829.7M | 75x | as long as short |
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Bitget SNDKUSDT
Nado SNDK-PERP
QFEX SNDK-USD
Entropy io:SNDK
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/USDClong | 0.0000% | 1h | 1,770.6 | long leg | $121K | $1.6M | 20x | |
| Gate SNDK_USDT | 0.0000% | 8h | 1,768.3 | −0.133% | $177.4M | $228.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,768.7 | −0.108% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,769.8 | −0.046% | $22K | $1.7M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,770.1 | −0.030% | $276K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,769.5 | −0.064% | $14K | $285K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,769.3 | −0.076% | $678 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,769.3 | −0.077% | $51K | $347K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,769.4 | −0.071% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,768.3 | −0.135% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,770.1 | −0.033% | $686 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0014% | 1h | 1,767.8 | −0.163% | — | $586K | 10x | as long as short |
| Pacifica SNDK | +0.0024% | 1h | 1,770 | −0.036% | $197K | $304K | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,769 | −0.093% | $1.3M | $9.3M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,768 | −0.149% | $423K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.656% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,768.6 | −0.116% | $263K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,769.7 | −0.053% | $244K | $654K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,769.8 | −0.046% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,768 | −0.149% | $117.7M | $154.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,768.8 | −0.104% | $185K | $132K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,768.4 | −0.127% | $1.4M | $5.1M | 5x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0072% | 1h | 1,773.7 | +0.175% | $435K | $2.4M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,769 | −0.094% | $1K | — | 10x | as long as short |
| SoDEX SNDK-USD | +0.0100% | 1h | 1,768.9 | −0.098% | $723K | $513K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,769.5 | −0.063% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,768.4 | −0.127% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSDshort | +0.0121% | 1h | 1,769.8 | −0.047% | $128K | $355K | 20x | |
| Lighter SNDK | +0.0128% | 1h | 1,769.9 | −0.042% | $1.7M | $15.8M | 20x | as long as short |
| edgeX SNDKUSDC | +0.0208% | 4h | 1,768.4 | −0.125% | $562K | $353K | 10x | as long as short |
Gate SNDK_USDT
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
Vest SNDK-USD-PERP
Pacifica SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
Ondo Perps SNDK-USD.P
Coinbase International SNDK-PERP-INTX
Aevo SNDK-PERP
SoDEX SNDK-USD
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Lighter SNDK
edgeX SNDKUSDC