SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.03 per $10,000 · paid last 24h −0.065%

Price spread now: QFEX against RISEx−0.110%58s7-day average −0.035% · 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—prices read too far apart to compare

costs, in and out, $10k−$200.195% of the position

Long on RISEx Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.059%−$6 on $10k

Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.110%, 7d avg −0.035%

Together, before fees+0.019%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.075% cheaper against RISEx than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.035%). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SNDK/USDC	1,780.4	0.0018	pay 0.0002% / 1h	40m 40s	$175K	$1.8M	20x
Short	QFEX SNDK-USD	1,778.4	−0.0004	pay 0.0000% / 1h	40m 40s	$2.2M	$21.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against RISEx. 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 RISExbpFee QFEXbpOrdersPrice spread, now −0.110%Rate

Funding earned: −$4.54
Price spread: −0.110% → −0.035%: −$7.5
Slippage, 4 orders: −$3.52
Fee RISEx: 3 bp × 2 orders: −$6
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$31.56
Costs to cover: 0.195%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; QFEX: 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, 3 min ago	0.95 bp	4.0 bp −$4	4.7 bp −$47	doesn't fit	doesn't fit
Sell QFEX live order book, 3 min ago	0.45 bp	5.5 bp −$6	5.5 bp −$55	9.9 bp −$992	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	1,778.5	−0.108%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0058%	1h	1,778.3	−0.118%	$4.6M	$20.5M	10x	as long as short
QFEX SNDK-USDshort	−0.0004%	1h	1,778.4	−0.110%	$2.2M	$21.8M	10x
Aster SNDKUSD1	0.0000%	8h	1,779.2	−0.067%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,778.9	−0.082%	$284.5M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,779	−0.079%	$31.9M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,778.9	−0.085%	$87.3M	$845.3M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,778.9	−0.086%	$184.1M	$239.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,779.1	−0.072%	$49.6M	$170.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,779.1	−0.074%	$2.6M	$4.7M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,778.9	−0.085%	$12K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.6	−0.101%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,778.8	−0.090%	$14K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,778.1	−0.130%	$939	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,779	−0.077%	$50K	$279K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,778.9	−0.086%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,778.9	−0.087%	$2.8M	$1.0M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,778.6	−0.102%	$672	$37K	5x	as long as short
RISEx SNDK/USDClong	+0.0018%	1h	1,780.4	long leg	$175K	$1.8M	20x
Lighter RH SNDK	+0.0032%	1h	1,779.1	−0.071%	$1.3M	$9.9M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,778.6	−0.103%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.098%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,778.5	−0.108%	$285K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.5	−0.108%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,778.9	−0.085%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,778.8	−0.090%	$113.4M	$151.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,778.7	−0.096%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,778.9	−0.087%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.7	−0.094%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778.7	−0.096%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778.6	−0.103%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,778.6	−0.101%	$442K	$2.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,778.9	−0.087%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,778.2	−0.122%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,779.2	−0.068%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,777.9	−0.141%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0160%	1h	1,779.9	−0.028%	$1.6M	$16.2M	20x	as long as short
Nado SNDK-PERP	+0.0185%	1h	1,778.9	−0.086%	$387K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,779.4	−0.057%	$129K	$407K	20x	as long as short
edgeX SNDKUSDC	+0.0576%	4h	1,779	−0.081%	$565K	$356K	10x	as long as short