SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.058%

Price spread now: Kraken Futures against tradeXYZ+0.010%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs+$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$580.580% of the position

Long on tradeXYZ Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.747%+$75 on $10k

Price spread, last 4 days (all we have)−0.178%−$18 · spread now +0.010%, 7d avg −0.001%

Together, before fees+0.569%+ Points / potential airdroptradeXYZ: Active · farm board+$57 on $10k · with fees, hour by hour

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	tradeXYZ xyz:SNDK	1,790.5	−0.0019	get 0.0002% / 1h	59m 00s	$114.8M	$145.8M	10x
Short	Kraken Futures PF_SNDKUSD	1,790.7	0.0044	get 0.0006% / 1h	59m 00s	$130K	$352K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against tradeXYZ. 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 tradeXYZbpFee Kraken FuturesbpOrdersPrice spread, now +0.010%Rate

Funding earned: $13.29
Price spread: +0.010% → −0.001%: $1.13
Slippage, 4 orders: −$30.04
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$43.62
Costs to cover: 0.580%
Break-even: 30.0 days

Slippage from tradeXYZ: live order book, 11 min ago; Kraken Futures: live order book, 64 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 tradeXYZ live order book, 11 min ago	0.28 bp	9.6 bp −$10	10.3 bp −$103	14.3 bp −$1,425	doesn't fit
Sell Kraken Futures live order book, 64 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	1,790.2	−0.016%	$4.1M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0119%	1h	1,789.8	−0.039%	$4.9M	$20.0M	10x	as long as short
Phoenix SNDK	−0.0090%	1h	1,789.2	−0.073%	$279K	$193K	15x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0074%	1h	1,790.6	+0.007%	$51K	$343K	10x	as long as short
Nado SNDK-PERP	−0.0060%	1h	1,791	+0.028%	$361K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,789.6	−0.052%	$1.5M	$14.3M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.268%	$439K	$2.3M	10x	as long as short
tradeXYZ xyz:SNDKlong	−0.0019%	1h	1,790.5	long leg	$114.8M	$145.8M	10x
Aster SNDKUSD1	0.0000%	8h	1,790.4	−0.003%	$21.8M	$35.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,790.6	+0.003%	$287.3M	$1.80B	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SNDKUSDT	0.0000%	8h	1,791	+0.027%	$32.5M	$99.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,790.7	+0.011%	$85.0M	$825.9M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,791	+0.030%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,790.6	+0.003%	$180.1M	$230.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,790.5	−0.003%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789	−0.083%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.8	−0.038%	$14K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,790.3	−0.010%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.5	−0.111%	$955	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.6	−0.053%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,790.3	−0.009%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,790.3	−0.012%	$666	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,791.6	+0.061%	$1.7M	$15.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,791	+0.030%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,791	+0.030%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.528%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.4	−0.115%	$313K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	+0.0041%	8h	1,789.4	−0.060%	$6.1M	$22.1M	20x	as long as short
Kraken Futures PF_SNDKUSDshort	+0.0044%	1h	1,790.7	+0.010%	$130K	$352K	20x
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.2	−0.018%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,790.1	−0.022%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789.7	−0.043%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,790	−0.028%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,790.2	−0.015%	$732K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.4	−0.061%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.8	−0.037%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,789.9	−0.034%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,790.8	+0.016%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789.7	−0.045%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0360%	4h	1,789	−0.083%	$568K	$353K	10x	as long as short