Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0291%/8h= −31.8% APRnext payment $0.36 per $10,000 · paid last 24h +0.077%
Price spread now: Kraken Futures against Extended−0.047%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs+$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$470.470% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.716%+$72 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now −0.047%, 7d avg 0.000%
Together, before fees+0.654%+ Points / potential airdropExtended: Active · farm board+$65 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Kraken Futures is 0.047% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of 0.000%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.716%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SNDK_24_5-USD1,771.40.0032pay 0.0004% / 1h44m 09s$397K$2.4M10x
ShortKraken Futures PF_SNDKUSD1,770.5−0.0259pay 0.0032% / 1h44m 09s$168K$383K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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

Funding earned
−$61.01
Price spread: −0.047% → 0.000%
−$4.7
Slippage, 4 orders
−$32.05
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$112.75
Costs to cover
0.470%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; Kraken Futures: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago2.85 bp6.0 bp −$612.5 bp −$125doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago2.26 bp16.0 bp −$1640.6 bp −$406doesn't fitdoesn't fit

SNDK on 40 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SNDKUSDshort−0.0259%1h1,770.5−0.047%$168K$383K20x
BloFin SNDK-USDT−0.0120%8h1,771.9+0.029%$4.0M$4.7M75xas long as short
QFEX SNDK-USD−0.0001%1h1,770.6−0.042%$1.4M$9.4M10xas long as short
Aster SNDKUSD10.0000%8h1,772.2+0.046%$21.6M$32.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,771.8+0.024%$282.8M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,771.7+0.020%$31.9M$107.1M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,771.9+0.030%$82.1M$842.1M75xas long as short
Gate SNDK_USDT0.0000%8h1,771.7+0.016%$182.5M$218.7M75xas long as short
Bitget SNDKUSDT0.0000%8h1,771.8+0.024%$48.1M$172.3M75xas long as short
Variational Omni SNDK0.0000%8h1,771.1−0.013%$2.7M$4.7Mas long as short
Show all 40 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SNDK0.0000%1h1,773.1+0.098%$276K$188K15xas long as short
Bullet SNDK-USD0.0000%1h1,771.7+0.019%$15K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,771.2−0.012%$685$3.1M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,770.9−0.026%$19K$431K10xas long as short
HTX SNDK-USDT0.0000%8h1,770.6−0.046%$1.4M$9.8M50xas long as short
Phemex SNDKUSDT0.0000%8h1,772.2+0.046%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0019%1h1,772.8+0.083%$677$38K5xas long as short
Lighter RH SNDK+0.0032%1h1,772+0.036%$1.3M$9.7M10xas long as short
Extended SNDK_24_5-USDlong+0.0032%1h1,771.4long leg$397K$2.4M10x
Injective SNDK/USDC PERP+0.0033%1h1,800+1.614%$36$4K12xas long as short
Arcus SNDK-USD+0.0040%1h1,770.2−0.064%$269K$1.4M10xas long as short
Nado SNDK-PERP+0.0043%1h1,771.6+0.012%$331K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,771.2−0.009%$574K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,771.1−0.015%$243K$699K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,771.6+0.013%$121.7M$153.0M10xas long as short
Entropy io:SNDK+0.0050%1h1,772.2+0.047%$4.5M$19.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,770.6−0.043%$187K$115K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,771.3−0.005%$727K$525K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,771.6+0.013%$1.4M$5.3M5xas long as short
Paradex SNDK-USD-PERP+0.0053%8h1,771.1−0.014%5xas long as short
edgeX SNDKUSDC+0.0064%4h1,773.4+0.113%$563K$340K10xas long as short
Aevo SNDK-PERP+0.0080%1h1,771.4−0.001%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,771.4+0.005%$199K$305K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,771.7+0.021%$6.1M$23.0M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,772.9+0.084%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,771.40.000%$8K$3K20xas long as short
GRVT SNDK_USDT_Perp+0.0148%8h1,773.8+0.139%$28K$2.5M10xas long as short
Coinbase International SNDK-PERP-INTX+0.0152%1h1,772.5+0.065%$445K$2.2M10xas long as short
Lighter SNDK+0.0168%1h1,772.7+0.073%$1.8M$16.7M20xas long as short
RISEx SNDK/USDC+0.0898%1h1,771.9+0.028%$146K$1.5M20xas long as short