SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0122%/8h= −13.3% APRnext payment −$0.15 per $10,000 · paid last 24h +0.086%

Price spread now: Kraken Futures against Deribit+0.001%7-day average +0.005% · 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−$66as in the Price arb table

costs, in and out, $10k−$660.659% of the position

Long on Deribit Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.395%+$39 on $10k

Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.001%, 7d avg +0.005%

Together, before fees+0.325%+$32 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.395%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SNDK_USDC-PERPETUAL	1,767.1	−0.0005	get 0.0001% / 1h	54m 58s	$19K	$447K	10x
Short	Kraken Futures PF_SNDKUSD	1,767.2	−0.0126	pay 0.0016% / 1h	54m 58s	$167K	$374K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Deribit. 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 DeribitbpFee Kraken FuturesbpOrdersPrice spread, now +0.001%Rate

Funding earned: −$25.57
Price spread: +0.001% → +0.005%: −$0.4
Slippage, 4 orders: −$48.89
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$91.86
Costs to cover: 0.659%
Break-even: never at this rate

Slippage from Deribit: live order book, 52 min ago; Kraken Futures: live order book, 51 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 Deribit live order book, 52 min ago	5.00 bp	14.8 bp −$15	19.3 bp −$193	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 51 min ago	2.26 bp	16.0 bp −$16	40.6 bp −$406	doesn't fit	doesn't fit

SNDK on 40 exchanges

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
Kraken Futures PF_SNDKUSDshort	−0.0126%	1h	1,767.2	+0.001%	$167K	$374K	20x
BloFin SNDK-USDT	−0.0120%	8h	1,768.1	+0.055%	$3.9M	$4.7M	75x	as long as short
Entropy io:SNDK	−0.0045%	1h	1,769.2	+0.117%	$4.5M	$19.3M	10x	as long as short
Deribit SNDK_USDC-PERPETUALlong	−0.0005%	1h	1,767.1	long leg	$19K	$447K	10x
Aster SNDKUSD1	0.0000%	8h	1,769.2	+0.119%	$21.6M	$32.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,768.6	+0.082%	$282.1M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,768.4	+0.071%	$31.8M	$107.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,768.3	+0.066%	$80.0M	$840.5M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,770.1	+0.168%	$146K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,768	+0.048%	$180.9M	$209.5M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,768.1	+0.056%	$48.5M	$172.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,767.8	+0.040%	$2.7M	$4.5M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,770.8	+0.210%	$28K	$2.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,770.4	+0.184%	$276K	$178K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,768	+0.049%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,767.6	+0.028%	$882	$3.1M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,767.7	+0.032%	$1.5M	$9.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,768.1	+0.051%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0004%	1h	1,768.7	+0.087%	$1.5M	$9.3M	10x	as long as short
Nado SNDK-PERP	+0.0007%	1h	1,768.8	+0.092%	$322K	$1.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0023%	1h	1,769.9	+0.159%	$676	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,767.9	+0.043%	$1.2M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,767.9	+0.041%	$410K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.857%	$36	$4K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,768.2	+0.059%	$256K	$1.3M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,768.3	+0.067%	—	$570K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,768.9	+0.100%	$243K	$696K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,767.9	+0.043%	$122.3M	$151.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,768.2	+0.060%	$194K	$150K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,767.8	+0.040%	$724K	$523K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768.2	+0.060%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,768.6	+0.082%	—	—	5x	as long as short
Lighter SNDK	+0.0056%	1h	1,768.5	+0.074%	$1.8M	$16.5M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,767.5	+0.023%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,768.9	+0.100%	$193K	$308K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,768.6	+0.081%	$6.1M	$23.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,770.8	+0.205%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,767.3	+0.011%	$9K	$6K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0176%	1h	1,774	+0.386%	$449K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0568%	4h	1,769.9	+0.154%	$562K	$337K	10x	as long as short