SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.005%

Price spread now: QFEX against Arcus−0.060%7-day average +0.030% · 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−$37as in the Price arb table

costs, in and out, $10k−$280.280% of the position

Long on Arcus Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.018%−$2 on $10k

Price spread, last 7 days+0.060%+$6 · spread now −0.060%, 7d avg +0.030%

Together, before fees+0.042%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.090% cheaper against Arcus than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.030%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,780.1	0.0040	pay 0.0005% / 1h	43m 12s	$265K	$1.5M	10x
Short	QFEX SNDK-USD	1,779.1	−0.0019	pay 0.0002% / 1h	43m 12s	$1.4M	$12.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Arcus. 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 ArcusbpFee QFEXbpOrdersPrice spread, now −0.060%Rate

Funding earned: −$12.37
Price spread: −0.060% → +0.030%: −$8.97
Slippage, 4 orders: −$13.51
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$49.35
Costs to cover: 0.280%
Break-even: never at this rate

Slippage from Arcus: live order book, 1 min ago; QFEX: live order book, 11 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 Arcus live order book, 1 min ago	1.04 bp	7.1 bp −$7	12.3 bp −$123	doesn't fit	doesn't fit
Sell QFEX live order book, 11 min ago	0.14 bp	6.1 bp −$6	7.7 bp −$77	12.5 bp −$1,254	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	1,779.6	−0.030%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0107%	1h	1,780.8	+0.039%	$4.8M	$19.9M	10x	as long as short
Nado SNDK-PERP	−0.0046%	1h	1,780.1	−0.003%	$346K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0042%	8h	1,780.4	+0.015%	$6.1M	$22.1M	20x	as long as short
QFEX SNDK-USDshort	−0.0019%	1h	1,779.1	−0.060%	$1.4M	$12.3M	10x
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,780.1	−0.002%	$433K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,781.2	+0.063%	$21.8M	$33.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,779.8	−0.018%	$283.5M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,780.2	+0.003%	$32.4M	$101.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,780.2	+0.005%	$83.4M	$824.4M	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	1,780.9	+0.044%	$170K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,779.7	−0.026%	$179.5M	$229.0M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,779.6	−0.029%	$43.8M	$162.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,782.2	+0.118%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,780.4	+0.016%	$17K	$1.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,782.2	+0.117%	$278K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,779.6	−0.029%	$13K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,777.9	−0.122%	$736	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,779.6	−0.029%	$51K	$345K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,779	−0.064%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,779.9	−0.011%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0006%	1h	1,781.8	+0.097%	$663	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,780	−0.004%	$1.7M	$15.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.7	−0.025%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,779.5	−0.032%	$435K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.115%	$36	$9K	12x	as long as short
edgeX SNDKUSDC	+0.0036%	4h	1,782	+0.108%	$566K	$353K	10x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,780.1	long leg	$265K	$1.5M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.2	−0.110%	—	$580K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779.6	−0.029%	$245K	$650K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.6	−0.083%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,779.5	−0.034%	$117.5M	$150.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,779.4	−0.040%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,779.7	−0.024%	$727K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778.7	−0.079%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,779.1	−0.056%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,779.4	−0.040%	$198K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,780.6	+0.030%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,779	−0.065%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,780	−0.008%	$130K	$352K	20x	as long as short