SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.15 per $10,000 · paid last 24h +0.074%

Price spread now: Kraken Futures against Entropy+0.053%7-day average +0.034% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$600.604% of the position

Long on Entropy Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.796%+$80 on $10k

Price spread, last 3 days (all we have)−0.055%−$6 · spread now +0.053%, 7d avg +0.034%

Together, before fees+0.740%+$74 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:SNDK	1,785.4	−0.0059	get 0.0007% / 1h	48m 48s	$4.9M	$20.3M	10x
Short	Kraken Futures PF_SNDKUSD	1,786.3	0.0058	get 0.0007% / 1h	48m 48s	$130K	$352K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Entropy. 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 EntropybpFee Kraken FuturesbpOrdersPrice spread, now +0.053%Rate

Funding earned: $24.68
Price spread: +0.053% → +0.034%: $1.83
Slippage, 4 orders: −$32.42
Fee Entropy: 9 bp × 2 orders: −$18
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$33.9
Costs to cover: 0.604%
Break-even: 16.6 days

Slippage from Entropy: live order book, 8 min ago; Kraken Futures: live order book, 14 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 Entropy live order book, 8 min ago	0.28 bp	9.8 bp −$10	13.0 bp −$130	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 14 min ago	1.96 bp	17.5 bp −$17	41.1 bp −$411	doesn't fit	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	−0.0097%	1h	1,785.8	+0.025%	$51K	$333K	10x	as long as short
Phoenix SNDK	−0.0090%	1h	1,786.5	+0.062%	$278K	$193K	15x	as long as short
Entropy io:SNDKlong	−0.0059%	1h	1,785.4	long leg	$4.9M	$20.3M	10x
Nado SNDK-PERP	−0.0037%	1h	1,787	+0.088%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,785.8	+0.024%	$1.6M	$15.1M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,785.7	+0.017%	$21.8M	$37.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,784.6	−0.047%	$285.6M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,785.3	−0.006%	$32.1M	$99.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.4	0.000%	$85.4M	$821.6M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,786.8	+0.076%	$170K	$1.8M	20x	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	1,785.6	+0.011%	$180.1M	$230.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,785.4	−0.002%	$43.8M	$163.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,785.5	+0.004%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.8	+0.022%	$21K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786	+0.034%	$15K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.1	−0.017%	$859	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,785.3	−0.003%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,785.6	+0.012%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,786.3	+0.052%	$665	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0014%	1h	1,784.9	−0.028%	$114.4M	$145.6M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,786	+0.031%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,785.8	+0.025%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,785.3	−0.004%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,785.8	+0.025%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.816%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.7	−0.039%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.9	+0.027%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,786	+0.034%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,784.7	−0.040%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.5	+0.006%	$187K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,785.7	+0.017%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,785.9	+0.028%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSDshort	+0.0058%	1h	1,786.3	+0.053%	$130K	$352K	20x
Aevo SNDK-PERP	+0.0080%	1h	1,785.5	+0.004%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,784.9	−0.028%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.1	−0.018%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,786.2	+0.044%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.2	−0.013%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0374%	4h	1,785.6	+0.013%	$567K	$352K	10x	as long as short