Funding you earn now, next payment 02:00 UTC−0.0082%/8h= −8.9% APRnext payment −$0.10 per $10,000 · paid last 24h −0.045%
Price spread now: SoDEX against Kraken Futures−0.051%7-day average −0.017% · 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−$56as in the Price arb table
costs, in and out, $10k−$530.528% of the position
Funding, last 3 days (all we have)−0.221%−$22 on $10k
+Price spread, last 3 days (all we have)+0.054%+$5 · spread now −0.051%, 7d avg −0.017%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.034% 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 −0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SNDKUSD | 1,786.6 | 0.0132 | pay 0.0016% / 1h | 14m 49s | $130K | $357K | 20x |
| Short | SoDEX SNDK-USD | 1,785.7 | 0.0050 | get 0.0006% / 1h | 14m 49s | $730K | $515K | 10x |
Kraken Futures PF_SNDKUSD
SoDEX SNDK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$17.12
- Price spread: −0.051% → −0.017%
- −$3.35
- Slippage, 4 orders
- −$34.85
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$73.32
- Costs to cover
- 0.528%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 53 min ago; SoDEX: live order book, 54 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, 53 min ago | 3.91 bp | 19.2 bp −$19 | 44.6 bp −$446 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 54 min ago | 0.03 bp | 7.7 bp −$8 | 38.0 bp −$380 | 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 | −0.0338% | 1h | 1,786.1 | −0.029% | $51K | $331K | 10x | as long as short |
| Phoenix SNDK | −0.0045% | 1h | 1,785.5 | −0.061% | $278K | $193K | 15x | as long as short |
| Entropy io:SNDK | −0.0036% | 1h | 1,786 | −0.033% | $4.9M | $20.5M | 10x | as long as short |
| Nado SNDK-PERP | −0.0030% | 1h | 1,786.8 | +0.012% | $360K | $1.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,785.6 | −0.053% | $1.7M | $16.4M | 10x | as long as short |
| tradeXYZ xyz:SNDK | −0.0014% | 1h | 1,786.2 | −0.022% | $114.5M | $146.1M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,786.6 | −0.002% | $21.8M | $36.8M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,786.6 | −0.001% | $286.0M | $1.82B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,787.3 | +0.041% | $32.1M | $99.8M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,786.9 | +0.017% | $85.5M | $829.0M | 75x | as long as short |
Deribit SNDK_USDC-PERPETUAL
Phoenix SNDK
Entropy io:SNDK
Nado SNDK-PERP
QFEX SNDK-USD
tradeXYZ xyz:SNDK
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,786.6 | +0.001% | $180.9M | $232.4M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,786.3 | −0.015% | $43.9M | $164.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,785.4 | −0.069% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,784.3 | −0.129% | $16K | $1.2M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,785.8 | −0.044% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,785.4 | −0.069% | $877 | $3.7M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,785.5 | −0.059% | $1.4M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,785.7 | −0.048% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0003% | 1h | 1,786 | −0.036% | $665 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,787 | +0.020% | $1.7M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,786.9 | +0.016% | $1.4M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,786.9 | +0.015% | $477K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.748% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,784.1 | −0.138% | $312K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,785.8 | −0.044% | — | $584K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0048% | 8h | 1,785.8 | −0.043% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,785.9 | −0.039% | $246K | $645K | 20x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,785.6 | −0.055% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USDshort | +0.0050% | 1h | 1,785.7 | −0.051% | $730K | $515K | 10x | |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,785.6 | −0.055% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,785.5 | −0.061% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,784.9 | −0.093% | $436K | $2.3M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,786.1 | −0.027% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,785.3 | −0.072% | $6.1M | $21.6M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,785.3 | −0.070% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,785.4 | −0.068% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSDlong | +0.0132% | 1h | 1,786.6 | long leg | $130K | $357K | 20x | |
| edgeX SNDKUSDC | +0.0227% | 4h | 1,783.9 | −0.152% | $567K | $353K | 10x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,787 | +0.023% | $170K | $1.8M | 20x | as long as short |
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
Polymarket Perps SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC
RISEx SNDK/USDC