Funding you earn now, next payment 06:00 UTC−0.0863%/8h= −94.5% APRpaid last 24h −0.046%
Price spread now: Kraken Futures against edgeX+0.139%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days−0.344%−$34 on $10k
+Price spread, last 4 days (all we have)−0.233%−$23 · spread now +0.139%, 7d avg +0.007%
=Together, before fees−0.577%+ Points / potential airdropedgeX: Active · farm board−$58 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.132% dearer against edgeX than usual: you sell high and buy low (spread +0.139% now, against its 7-day average of +0.007%): +$13 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.344% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.344% in total (about -18.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SNDKUSDC | 1,766.9 | 0.0984 | pay 0.0492% / 4h | 2h 09m | $561K | $351K | 10x |
| Short | Kraken Futures PF_SNDKUSD | 1,769.4 | 0.0121 | get 0.0015% / 1h | 9m 19s | $127K | $347K | 20x |
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against edgeX. 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
- −$181.14
- Price spread: +0.139% → +0.007%
- $13.24
- Slippage, 4 orders
- −$30.41
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$217.31
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 39 min ago; Kraken Futures: live order book, 38 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 edgeX live order book, 39 min ago | 5.06 bp | 9.6 bp −$10 | 11.3 bp −$113 | 47.0 bp −$4,697 | doesn't fit |
| Sell Kraken Futures live order book, 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0297% | 8h | 1,768.5 | +0.091% | $47.0M | $164.8M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,768.4 | +0.081% | $3.9M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0030% | 8h | 1,769.1 | +0.120% | $6.1M | $22.1M | 20x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,769.3 | +0.135% | $1.4M | $10.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,769.3 | +0.132% | $21.6M | $33.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,768.3 | +0.074% | $280.7M | $1.85B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,768.9 | +0.109% | $31.8M | $103.3M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,768.6 | +0.094% | $82.1M | $834.3M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,770.5 | +0.201% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,768.9 | +0.110% | $176.6M | $231.8M | 75x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,767.4 | +0.025% | $2.5M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,767.9 | +0.053% | $16K | $1.8M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,767.4 | +0.026% | $275K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,769 | +0.116% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,767.9 | +0.053% | $764 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,768 | +0.058% | $51K | $349K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,769 | +0.116% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,769 | +0.114% | $2.8M | $1.1M | 50x | as long as short |
| Nado SNDK-PERP | +0.0008% | 1h | 1,770.1 | +0.178% | $329K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0012% | 1h | 1,767.1 | +0.009% | — | $581K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,765.2 | −0.096% | $695 | $37K | 5x | as long as short |
| Pacifica SNDK | +0.0024% | 1h | 1,769.5 | +0.145% | $197K | $303K | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,770.4 | +0.194% | $1.3M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,767.8 | +0.052% | $440K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.869% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,765.4 | −0.085% | $262K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,769.4 | +0.139% | $243K | $666K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,768.9 | +0.111% | $119.1M | $157.8M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,767.2 | +0.015% | $4.7M | $19.8M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,768.3 | +0.077% | $185K | $131K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,767.6 | +0.038% | $723K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,770 | +0.173% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,769.8 | +0.162% | $1.4M | $5.1M | 5x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0072% | 1h | 1,770.1 | +0.181% | $437K | $2.3M | 10x | as long as short |
| Lighter SNDK | +0.0080% | 1h | 1,771.3 | +0.244% | $1.8M | $16.4M | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,767.9 | +0.052% | $1K | — | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,768.4 | +0.082% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,767.8 | +0.047% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSDshort | +0.0121% | 1h | 1,769.4 | +0.139% | $127K | $347K | 20x | |
| edgeX SNDKUSDClong | +0.0984% | 4h | 1,766.9 | long leg | $561K | $351K | 10x |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Nado SNDK-PERP
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Pacifica SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Coinbase International SNDK-PERP-INTX
Lighter SNDK
Aevo SNDK-PERP
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos