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: QFEX against SoDEX−0.046%7-day average +0.005% · 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−$33as in the Price arb table

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

Long on SoDEX Short on QFEX

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)+0.082%+$8 · spread now −0.046%, 7d avg +0.005%

Together, before fees+0.020%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.052% cheaper against SoDEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.005%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SNDK-USD	1,785.7	0.0050	pay 0.0006% / 1h	16m 31s	$730K	$515K	10x
Short	QFEX SNDK-USD	1,784.9	−0.0024	pay 0.0003% / 1h	16m 31s	$1.7M	$16.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against SoDEX. 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 SoDEXbpFee QFEXbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$15.54
Price spread: −0.046% → +0.005%: −$5.16
Slippage, 4 orders: −$10.29
Fee SoDEX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$48.99
Costs to cover: 0.283%
Break-even: never at this rate

Slippage from SoDEX: live order book, 52 min ago; QFEX: live order book, 8 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 SoDEX live order book, 52 min ago	0.03 bp	7.6 bp −$8	37.9 bp −$379	doesn't fit	doesn't fit
Sell QFEX live order book, 8 min ago	0.03 bp	6.2 bp −$6	7.3 bp −$73	11.4 bp −$1,139	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	−0.0237%	1h	1,785.6	−0.003%	$51K	$331K	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,785.1	−0.034%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0036%	1h	1,785.6	−0.006%	$4.9M	$20.5M	10x	as long as short
Nado SNDK-PERP	−0.0026%	1h	1,786.4	+0.041%	$360K	$1.4M	10x	as long as short
QFEX SNDK-USDshort	−0.0024%	1h	1,784.9	−0.046%	$1.7M	$16.4M	10x
tradeXYZ xyz:SNDK	−0.0011%	1h	1,785.1	−0.034%	$114.4M	$146.1M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.6	+0.051%	$21.8M	$36.8M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,785.2	−0.028%	$285.9M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,785.6	−0.006%	$32.1M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.2	−0.028%	$85.5M	$828.4M	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	1,785.1	−0.034%	$180.8M	$232.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,785.1	−0.034%	$44.0M	$164.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	−0.090%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,784.3	−0.079%	$16K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,785.8	+0.006%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.1	−0.034%	$1K	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,785.3	−0.020%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,785.7	0.000%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,786.1	+0.021%	$701	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,786.1	+0.023%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,786	+0.015%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.1	+0.023%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.799%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784	−0.095%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.3	−0.022%	—	$584K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,785.1	−0.031%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,784.9	−0.045%	$245K	$645K	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.4	−0.017%	$187K	$135K	10x	as long as short
SoDEX SNDK-USDlong	+0.0050%	1h	1,785.7	long leg	$730K	$515K	10x
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.7	−0.056%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785.3	−0.021%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,786.2	+0.030%	$437K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,785.3	−0.023%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,784.9	−0.047%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,785.3	−0.020%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,784.6	−0.060%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,786.1	+0.024%	$130K	$357K	20x	as long as short
edgeX SNDKUSDC	+0.0227%	4h	1,783.9	−0.102%	$567K	$353K	10x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,786	+0.015%	$170K	$1.8M	20x	as long as short