SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h +0.013%

Price spread now: Coinbase International against QFEX+0.088%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on QFEX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.008%+$1 on $10k

Price spread, last 3 days (all we have)−0.093%−$9 · spread now +0.088%, 7d avg +0.026%

Together, before fees−0.085%−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.062% dearer against QFEX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SNDK-USD	1,784.4	−0.0023	get 0.0003% / 1h	47m 44s	$1.5M	$15.0M	10x
Short	Coinbase International SNDK-PERP-INTX	1,786	0.0024	get 0.0003% / 1h	47m 44s	$439K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against QFEX. 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 QFEXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.088%Rate

Funding earned: $9.96
Price spread: +0.088% → +0.026%: $6.24
Slippage, 4 orders: −$7.39
Fee QFEX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$11.18
Costs to cover: 0.274%
Break-even: 14.9 days

Slippage from QFEX: live order book, 6 min ago; Coinbase International: live order book, 1 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 QFEX live order book, 6 min ago	1.57 bp	6.7 bp −$7	7.0 bp −$70	12.0 bp −$1,202	doesn't fit
Sell Coinbase International live order book, 1 min ago	1.34 bp	7.2 bp −$7	11.2 bp −$112	33.5 bp −$3,346	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	−0.0153%	1h	1,785.4	+0.056%	$51K	$333K	10x	as long as short
Phoenix SNDK	−0.0090%	1h	1,786.5	+0.119%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0066%	1h	1,785.2	+0.046%	$4.9M	$20.3M	10x	as long as short
Nado SNDK-PERP	−0.0045%	1h	1,786.2	+0.102%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USDlong	−0.0023%	1h	1,784.4	long leg	$1.5M	$15.0M	10x
Aster SNDKUSD1	0.0000%	8h	1,785.6	+0.068%	$21.8M	$37.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,784.8	+0.024%	$285.8M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,785.1	+0.040%	$32.1M	$99.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785	+0.035%	$85.4M	$821.4M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,785.9	+0.086%	$170K	$1.8M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,784.8	+0.022%	$180.1M	$230.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,784.7	+0.016%	$43.8M	$163.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,785.5	+0.061%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.8	+0.079%	$21K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,785.2	+0.047%	$15K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,784.6	+0.013%	$858	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,784.7	+0.020%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,785.3	+0.049%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,786.1	+0.094%	$665	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0010%	1h	1,784.8	+0.024%	$114.4M	$145.6M	10x	as long as short
Coinbase International SNDK-PERP-INTXshort	+0.0024%	1h	1,786	+0.088%	$439K	$2.3M	10x
Lighter SNDK	+0.0032%	1h	1,785.8	+0.078%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,785.6	+0.067%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,785.7	+0.075%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.873%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.3	−0.002%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.1	+0.041%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,784.6	+0.012%	$245K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,784.7	+0.020%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784.8	+0.024%	$187K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,785.5	+0.060%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.7	+0.018%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,785.6	+0.070%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,784.9	+0.029%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,784.9	+0.029%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785	+0.035%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,786.2	+0.101%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,784.8	+0.025%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0374%	4h	1,785.6	+0.071%	$567K	$352K	10x	as long as short