Funding you earn now, next payment 05:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.056%
Price spread now: Kraken Futures against Popdex−0.010%7-day average +0.001% · 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−$38as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 4 days (all we have)+0.232%+$23 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now −0.010%, 7d avg +0.001%
=The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SNDKUSDT | 1,773.6 | 0.0048 | pay 0.0006% / 1h | 38m 28s | $244K | $651K | 20x |
| Short | Kraken Futures PF_SNDKUSD | 1,773.4 | 0.0122 | get 0.0015% / 1h | 38m 28s | $129K | $352K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Popdex. 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
- $15.54
- Price spread: −0.010% → +0.001%
- −$1.03
- Slippage, 4 orders
- −$20.28
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$22.17
- Costs to cover
- 0.367%
- Break-even
- 17.0 days
Slippage from Popdex: live order book, 16 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 Popdex live order book, 16 min ago | 0.56 bp | 3.8 bp −$4 | 6.1 bp −$61 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 14 min ago | 2.52 bp | 12.2 bp −$12 | 37.8 bp −$378 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,773.6 | −0.003% | $4.0M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0101% | 1h | 1,775.5 | +0.107% | $4.8M | $19.8M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0046% | 8h | 1,773.8 | +0.014% | $6.1M | $22.1M | 20x | as long as short |
| Nado SNDK-PERP | −0.0045% | 1h | 1,774.5 | +0.050% | $345K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,773 | −0.036% | $1.4M | $12.2M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,775.7 | +0.116% | $432K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,774.4 | +0.046% | $21.7M | $32.8M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,774 | +0.024% | $282.6M | $1.81B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,773.9 | +0.015% | $32.1M | $101.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,773.8 | +0.011% | $82.6M | $824.5M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,774.2 | +0.033% | $169K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,773.5 | −0.005% | $178.2M | $229.5M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,773.4 | −0.014% | $43.7M | $162.5M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,777.2 | +0.202% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,777.2 | +0.201% | $14K | $1.5M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,778.2 | +0.259% | $277K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,774.1 | +0.028% | $13K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,771.3 | −0.130% | $964 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,773 | −0.036% | $51K | $346K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,772.7 | −0.049% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,773.9 | +0.017% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0006% | 1h | 1,778.4 | +0.268% | $662 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,773.7 | +0.003% | $1.7M | $15.6M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,773.3 | −0.016% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,773.1 | −0.027% | $435K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.486% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,775.8 | +0.124% | $265K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,771.7 | −0.109% | — | $580K | 10x | as long as short |
| Popdex SNDKUSDTlong | +0.0048% | 1h | 1,773.6 | long leg | $244K | $651K | 20x | |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,772.8 | −0.046% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,773.7 | +0.006% | $117.1M | $151.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,773.2 | −0.023% | $186K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,773 | −0.037% | $725K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,774 | +0.023% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,772.7 | −0.050% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,773.1 | −0.028% | $197K | $288K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,780.5 | +0.391% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,772 | −0.092% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSDshort | +0.0122% | 1h | 1,773.4 | −0.010% | $129K | $352K | 20x | |
| edgeX SNDKUSDC | +0.0813% | 4h | 1,778.6 | +0.281% | $565K | $351K | 10x | as long as short |
Popdex SNDKUSDT
Kraken Futures PF_SNDKUSD
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Pacifica SNDK
ApeX Omni SNDKUSDT
edgeX SNDKUSDC