SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0245%/8h= −26.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.091%

Price spread now: Arcus against Kraken Futures−0.076%7-day average −0.053% · 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−$46as in the Price arb table

costs, in and out, $10k−$440.439% of the position

Long on Kraken Futures Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.277%−$28 on $10k

Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.076%, 7d avg −0.053%

Together, before fees−0.230%−$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Arcus is 0.023% cheaper against Kraken Futures than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.053%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SNDKUSD	1,750	0.0285	pay 0.0036% / 1h	34m 50s	$127K	$344K	20x
Short	Arcus SNDK-USD	1,748.7	0.0040	get 0.0005% / 1h	34m 50s	$250K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Kraken Futures. 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 Kraken FuturesbpFee ArcusbpOrdersPrice spread, now −0.076%Rate

Funding earned: −$51.48
Price spread: −0.076% → −0.053%: −$2.28
Slippage, 4 orders: −$29.44
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$97.7
Costs to cover: 0.439%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 63 min ago; Arcus: live order book, 4 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 Kraken Futures live order book, 63 min ago	2.55 bp	15.3 bp −$15	38.4 bp −$384	doesn't fit	doesn't fit
Sell Arcus live order book, 4 min ago	1.06 bp	6.7 bp −$7	8.5 bp −$85	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
GRVT SNDK_USDT_Perp	−0.0845%	8h	1,750.4	+0.022%	$21K	$2.2M	10x	as long as short
HTX SNDK-USDT	−0.0412%	8h	1,749.8	−0.012%	$1.4M	$10.5M	50x	as long as short
Bitget SNDKUSDT	−0.0246%	8h	1,749.5	−0.030%	$49.3M	$167.0M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,749.5	−0.032%	$4.0M	$4.5M	75x	as long as short
Nado SNDK-PERP	−0.0080%	1h	1,750	−0.004%	$329K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0042%	8h	1,749.7	−0.021%	$6.0M	$22.5M	20x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,750	0.000%	$1.4M	$9.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,749.9	−0.006%	$21.3M	$32.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,749.8	−0.012%	$279.8M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,749.8	−0.013%	$31.6M	$104.1M	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	1,749.2	−0.047%	$82.0M	$821.5M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,750	0.000%	$136K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,749.1	−0.051%	$178.4M	$218.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,748.8	−0.068%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,751.1	+0.062%	$273K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,749.8	−0.010%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,750.5	+0.030%	$942	$3.3M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,749.7	−0.021%	$50K	$360K	10x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,749.8	−0.016%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0006%	1h	1,747.5	−0.142%	—	$577K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,752.2	+0.122%	$727	$38K	5x	as long as short
Entropy io:SNDK	+0.0023%	1h	1,750.3	+0.016%	$4.5M	$19.4M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,749.9	−0.009%	$1.7M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,749.5	−0.029%	$1.2M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,749.2	−0.049%	$448K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.853%	$36	$9K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,748.7	−0.076%	$250K	$1.5M	10x
Paradex SNDK-USD-PERP	+0.0047%	8h	1,748.8	−0.070%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,750.1	+0.004%	$241K	$630K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,749.3	−0.041%	$118.5M	$158.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,749.4	−0.036%	$184K	$127K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,749.4	−0.035%	$715K	$521K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,750.7	+0.039%	$1.3M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,749.2	−0.047%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,748.9	−0.062%	$196K	$310K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,751.6	+0.089%	$67K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,748.5	−0.089%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,749.2	−0.049%	$426K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0127%	4h	1,751.2	+0.067%	$556K	$350K	10x	as long as short
Kraken Futures PF_SNDKUSDlong	+0.0285%	1h	1,750	long leg	$127K	$344K	20x