SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h +0.038%

Price spread now: Kraken Futures against ApeX Omni+0.004%75s7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$620.623% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.614%+$61 on $10k

Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.004%, 7d avg −0.020%

Together, before fees+0.525%+$53 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.024% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.004% now, against its 7-day average of −0.020%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 34 hours. Mind the row above: over the last 7 days funding on this pair paid +0.614%, so the current rate has only just turned against you. The two prices were read 75 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	ApeX Omni SNDKUSDT	1,789.2	0.0100	pay 0.0013% / 1h	33m 56s	$69K	$269K	50x
Short	Kraken Futures PF_SNDKUSD	1,789.2	0.0044	get 0.0006% / 1h	33m 56s	$130K	$352K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX Omni. 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 ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.004%Rate

Funding earned: −$11.68
Price spread: +0.004% → −0.020%: $2.39
Slippage, 4 orders: −$42.29
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$71.58
Costs to cover: 0.623%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 23 min ago; Kraken Futures: live order book, 24 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 ApeX Omni live order book, 23 min ago	7.71 bp	12.7 bp −$13	36.3 bp −$363	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 24 min ago	2.51 bp	22.5 bp −$23	46.2 bp −$462	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	1,789.2	+0.001%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0105%	1h	1,788.9	−0.015%	$4.9M	$19.9M	10x	as long as short
Nado SNDK-PERP	−0.0098%	1h	1,789.8	+0.037%	$311K	$1.5M	10x	as long as short
Phoenix SNDK	−0.0089%	1h	1,789.3	+0.008%	$279K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,788.3	−0.050%	$1.4M	$13.6M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.193%	$439K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.1	−0.002%	$21.8M	$37.1M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.3	+0.005%	$287.1M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789.8	+0.037%	$32.6M	$100.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,789	−0.009%	$84.7M	$826.5M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,789.7	+0.030%	$170K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.3	+0.009%	$180.1M	$230.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,788.8	−0.020%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,788.8	−0.022%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.1	−0.003%	$11K	$1.4M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,788.7	−0.026%	$15K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,787.6	−0.087%	$1K	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,788.9	−0.017%	$51K	$344K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.4	−0.045%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.1	−0.005%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,789.4	+0.014%	$666	$38K	5x	as long as short
KuCoin SNDKUSDTM	+0.0010%	8h	1,788.1	−0.062%	$6.1M	$22.2M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,789.9	+0.044%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.5	+0.018%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.3	+0.008%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.604%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788	−0.063%	$276K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSDshort	+0.0044%	1h	1,789.2	+0.004%	$130K	$352K	20x
Vest SNDK-USD-PERP	+0.0046%	1h	1,788.4	−0.043%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.2	+0.002%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,788.9	−0.012%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,789.3	+0.008%	$115.1M	$146.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,788.6	−0.031%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.1	−0.002%	$731K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,788.9	−0.015%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.4	−0.044%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,788.5	−0.034%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDTlong	+0.0100%	1h	1,789.2	long leg	$69K	$269K	50x
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788	−0.063%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0918%	4h	1,788.8	−0.022%	$568K	$352K	10x	as long as short