SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%

Price spread now: QFEX against Popdex−0.011%7-day average −0.015% · 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−$20as in the Price arb table

costs, in and out, $10k−$200.203% of the position

Long on Popdex Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.050%−$5 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.011%, 7d avg −0.015%

Together, before fees−0.084%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$1 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	1,788.1	0.0048	pay 0.0006% / 1h	45m 07s	$246K	$657K	20x
Short	QFEX SNDK-USD	1,787.9	0.0001	get 0.0000% / 1h	45m 07s	$2.1M	$20.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Popdex. 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 PopdexbpFee QFEXbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$9.81
Price spread: −0.011% → −0.015%: $0.45
Slippage, 4 orders: −$3.91
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$29.67
Costs to cover: 0.203%
Break-even: never at this rate

Slippage from Popdex: live order book, 29 min ago; QFEX: 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 Popdex live order book, 29 min ago	0.85 bp	4.0 bp −$4	6.1 bp −$61	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	0.67 bp	6.3 bp −$6	7.2 bp −$72	11.4 bp −$1,136	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	1,789.7	+0.087%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,787.3	−0.043%	$21.8M	$45.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.5	+0.077%	$285.5M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790	+0.107%	$32.2M	$100.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,789.7	+0.089%	$86.0M	$840.0M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.3	+0.065%	$183.3M	$233.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,788.8	+0.037%	$48.0M	$169.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,790.6	+0.140%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.6	−0.084%	$9K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,789.6	+0.084%	$279K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SNDK-USD	0.0000%	1h	1,788.2	+0.006%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,787.1	−0.057%	$926	$3.8M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789	+0.049%	$50K	$311K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,787.8	−0.018%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.2	+0.059%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USDshort	+0.0001%	1h	1,787.9	−0.011%	$2.1M	$20.6M	10x
RISEx SNDK/USDC	+0.0004%	1h	1,788.6	+0.029%	$171K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0010%	1h	1,786.4	−0.097%	$823	$37K	5x	as long as short
Nado SNDK-PERP	+0.0022%	1h	1,790.4	+0.127%	$350K	$1.4M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,789.7	+0.088%	$1.6M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.6	+0.086%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789	+0.049%	$428K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.663%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,787.2	−0.050%	$299K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,788.7	+0.036%	—	$647K	10x	as long as short
Popdex SNDKUSDTlong	+0.0048%	1h	1,788.1	long leg	$246K	$657K	20x
tradeXYZ xyz:SNDK	+0.0050%	1h	1,789.5	+0.078%	$115.1M	$150.4M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,786.1	−0.112%	$4.8M	$20.1M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,787.6	−0.028%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,789	+0.051%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,790.1	+0.112%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,787.9	−0.010%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,788.3	+0.011%	$199K	$293K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,788	−0.005%	$6.1M	$22.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,791.4	+0.184%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,787.5	−0.035%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,790.8	+0.153%	$444K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0221%	4h	1,785.4	−0.148%	$567K	$355K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0660%	1h	1,788.7	+0.033%	$130K	$379K	20x	as long as short
SoDEX SNDK-USD	+0.0746%	1h	1,788.4	+0.015%	$731K	$515K	10x	as long as short