Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.4% APRnext payment $0.02 per $10,000 · paid last 24h −0.058%
Price spread now: Extended against Kraken Futures−0.025%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.711%−$71 on $10k
Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.025%, 7d avg +0.001%
Together, before fees−0.622%+ Points / potential airdropExtended: Active · farm board−$62 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.027% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SNDKUSD1,7910.0044pay 0.0006% / 1h9m 46s$130K$352K20x
ShortExtended SNDK_24_5-USD1,790.50.0032get 0.0004% / 1h9m 46s$453K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
−$2.59
Price spread: −0.025% → +0.001%
−$2.69
Slippage, 4 orders
−$31.63
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$51.91
Costs to cover
0.466%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 48 min ago; Extended: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 48 min ago2.51 bp13.3 bp −$1347.1 bp −$471doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago1.14 bp5.8 bp −$613.2 bp −$132doesn't fitdoesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SNDK-USDT−0.0120%8h1,790.8−0.010%$4.0M$4.4M75xas long as short
Phoenix SNDK−0.0089%1h1,789.9−0.059%$279K$193K15xas long as short
Nado SNDK-PERP−0.0071%1h1,790.7−0.013%$349K$1.5M10xas long as short
Entropy io:SNDK−0.0047%1h1,790.2−0.042%$4.9M$19.8M10xas long as short
QFEX SNDK-USD−0.0033%1h1,790.3−0.037%$1.4M$13.1M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0032%1h1,791.2+0.012%$437K$2.3M10xas long as short
KuCoin SNDKUSDTM−0.0018%8h1,790−0.055%$6.1M$22.3M20xas long as short
Aster SNDKUSD10.0000%8h1,791.1+0.006%$21.8M$35.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,790.8−0.010%$285.8M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,791.2+0.016%$32.7M$100.5M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,791+0.003%$84.1M$827.2M75xas long as short
RISEx SNDK/USDC0.0000%1h1,791.4+0.024%$171K$1.7M20xas long as short
Gate SNDK_USDT0.0000%8h1,790.9−0.006%$180.4M$231.1M75xas long as short
Bitget SNDKUSDT0.0000%8h1,790.8−0.008%$44.0M$161.7M75xas long as short
Variational Omni SNDK0.0000%8h1,790.2−0.043%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,789.6−0.074%$13K$1.4M10xas long as short
Bullet SNDK-USD0.0000%1h1,790.4−0.031%$14K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,789.3−0.093%$832$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,790.7−0.016%$51K$345K10xas long as short
HTX SNDK-USDT0.0000%8h1,789.8−0.063%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790.4−0.032%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0004%1h1,790.5−0.023%$697$38K5xas long as short
Lighter SNDK+0.0032%1h1,791.6+0.036%$1.7M$15.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,791.2+0.014%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USDshort+0.0032%1h1,790.5−0.025%$453K$1.9M10x
Injective SNDK/USDC PERP+0.0033%1h1,800+0.503%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,789−0.107%$278K$1.4M10xas long as short
Kraken Futures PF_SNDKUSDlong+0.0044%1h1,791long leg$130K$352K20x
Vest SNDK-USD-PERP+0.0046%1h1,790.3−0.039%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,790.5−0.025%$247K$648K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,790.4−0.030%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,790.9−0.003%$118.1M$148.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,790−0.053%$188K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,790.4−0.031%$732K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,791.3+0.020%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,790.1−0.048%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,790.7−0.014%$199K$287K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,789.7−0.073%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,790.2−0.042%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0346%4h1,789.1−0.106%$568K$353K10xas long as short