SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0082%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h +0.066%

Price spread now: Kraken Futures against QFEX+0.044%7-day average +0.013% · 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−$49as in the Price arb table

costs, in and out, $10k−$520.524% of the position

Long on QFEX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.284%+$28 on $10k

Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.044%, 7d avg +0.013%

Together, before fees+0.197%+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.031% dearer against QFEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SNDK-USD	1,785.9	−0.0023	get 0.0003% / 1h	25m 25s	$1.5M	$14.6M	10x
Short	Kraken Futures PF_SNDKUSD	1,786.6	0.0058	get 0.0007% / 1h	25m 25s	$130K	$352K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.044%Rate

Funding earned: $17.15
Price spread: +0.044% → +0.013%: $3.07
Slippage, 4 orders: −$32.44
Fee QFEX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$32.22
Costs to cover: 0.524%
Break-even: 20.1 days

Slippage from QFEX: live order book, 4 min ago; Kraken Futures: live order book, 37 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, 4 min ago	1.12 bp	6.3 bp −$6	6.3 bp −$63	11.0 bp −$1,099	doesn't fit
Sell Kraken Futures live order book, 37 min ago	1.96 bp	17.5 bp −$17	41.1 bp −$411	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	1,785.5	−0.020%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,785.7	−0.009%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0055%	1h	1,786.5	+0.036%	$4.9M	$20.3M	10x	as long as short
Nado SNDK-PERP	−0.0039%	1h	1,786.8	+0.053%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USDlong	−0.0023%	1h	1,785.9	long leg	$1.5M	$14.6M	10x
Deribit SNDK_USDC-PERPETUAL	−0.0002%	1h	1,786.1	+0.012%	$51K	$338K	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.3	+0.024%	$21.8M	$37.0M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,786.3	+0.026%	$285.4M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,786.5	+0.035%	$32.1M	$99.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,786.6	+0.041%	$85.1M	$822.4M	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	1,787.4	+0.084%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,786.4	+0.029%	$180.2M	$230.9M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,786.1	+0.012%	$43.8M	$161.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,785.9	+0.003%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.7	−0.007%	$17K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786	+0.008%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.3	−0.031%	$850	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,785.9	+0.002%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.7	+0.049%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,787	+0.063%	$665	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0021%	1h	1,786.1	+0.013%	$114.5M	$145.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.009%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,787.4	+0.084%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,787	+0.063%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.5	+0.034%	$456K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.790%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,785.1	−0.042%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.9	0.000%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,786.1	+0.013%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,786	+0.007%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.9	+0.002%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,786.4	+0.031%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.5	+0.036%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSDshort	+0.0058%	1h	1,786.6	+0.044%	$130K	$352K	20x
edgeX SNDKUSDC	+0.0061%	4h	1,785.2	−0.035%	$567K	$351K	10x	as long as short
KuCoin SNDKUSDTM	+0.0074%	8h	1,785.8	−0.005%	$6.1M	$21.8M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785.7	−0.008%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,786.4	+0.029%	$199K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,786.9	+0.055%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.8	−0.002%	$8K	$3K	20x	as long as short