SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0076%/8h= +8.4% APRnext payment +$0.10 per $10,000 · paid last 24h +0.060%

Price spread now: Kraken Futures against Coinbase International−0.018%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs+$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$490.491% of the position

Long on Coinbase International Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.682%+$68 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.018%, 7d avg −0.009%

Together, before fees+0.665%+$67 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SNDK-PERP-INTX	1,791.2	−0.0032	get 0.0004% / 1h	7m 30s	$437K	$2.3M	10x
Short	Kraken Futures PF_SNDKUSD	1,790.9	0.0044	get 0.0006% / 1h	7m 30s	$130K	$352K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. 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 Coinbase InternationalbpFee Kraken FuturesbpOrdersPrice spread, now −0.018%Rate

Funding earned: $16.03
Price spread: −0.018% → −0.009%: −$0.95
Slippage, 4 orders: −$29.07
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$33.99
Costs to cover: 0.491%
Break-even: 21.8 days

Slippage from Coinbase International: live order book, 1 min ago; Kraken Futures: live order book, 50 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 Coinbase International live order book, 1 min ago	1.03 bp	6.4 bp −$6	11.7 bp −$117	31.6 bp −$3,162	doesn't fit
Sell Kraken Futures live order book, 50 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	1,790.6	−0.037%	$4.0M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0089%	1h	1,790.6	−0.035%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0066%	1h	1,791.1	−0.006%	$349K	$1.5M	10x	as long as short
Entropy io:SNDK	−0.0042%	1h	1,790.3	−0.051%	$4.9M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,790.3	−0.054%	$1.4M	$13.1M	10x	as long as short
Coinbase International SNDK-PERP-INTXlong	−0.0032%	1h	1,791.2	long leg	$437K	$2.3M	10x
KuCoin SNDKUSDTM	−0.0019%	8h	1,790	−0.069%	$6.1M	$22.3M	20x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,791	−0.010%	$21.8M	$35.8M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,790.7	−0.032%	$285.8M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,791.1	−0.006%	$32.8M	$100.5M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,790.6	−0.035%	$83.9M	$827.2M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,791.7	+0.029%	$171K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,790.7	−0.031%	$180.3M	$231.1M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,790.6	−0.037%	$44.0M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,790.2	−0.058%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790.6	−0.035%	$14K	$1.4M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,790.4	−0.046%	$13K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,789.1	−0.119%	$964	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,790.8	−0.022%	$51K	$345K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,790.1	−0.061%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,790.5	−0.041%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,790.5	−0.040%	$697	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,791.7	+0.024%	$1.7M	$15.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,791.3	+0.002%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,790.5	−0.040%	$451K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.488%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,789.2	−0.114%	$278K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSDshort	+0.0044%	1h	1,790.9	−0.018%	$130K	$352K	20x
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.3	−0.052%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,790.7	−0.029%	$247K	$648K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,790.4	−0.044%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,791	−0.012%	$118.7M	$149.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,790.2	−0.057%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,790.4	−0.047%	$732K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,790.6	−0.035%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,790.2	−0.059%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,790.7	−0.029%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,791.4	+0.008%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,790	−0.068%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0687%	4h	1,790.1	−0.061%	$569K	$351K	10x	as long as short