SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0517%/8h= +56.6% APRnext payment +$0.65 per $10,000 · paid last 24h +0.086%

Price spread now: Kraken Futures against Injective−1.645%63s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.859%+$86 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Kraken Futures is 1.645% cheaper against Injective than usual: you would sell low and buy high (spread −1.645% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$165 on $10k: about 11 days of funding at the current rate (+$16 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective SNDK/USDC PERP	1,800	0.0033	pay 0.0004% / 1h	9m 38s	$36	$9K	12x
Short	Kraken Futures PF_SNDKUSD	1,770.3	0.0550	get 0.0069% / 1h	9m 38s	$160K	$382K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now −1.645%Rate

Funding earned: $108.52
Price spread: −1.645% → 0.000%: −$164.51
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$66.01
Costs to cover: 0.100%
Break-even: 11.3 days

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 41 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 41 min ago	3.42 bp	28.7 bp −$29	49.0 bp −$490	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin SNDK-USDT	−0.0120%	8h	1,771.6	−1.574%	$4.0M	$4.7M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0111%	1h	1,770.3	−1.648%	$36K	$392K	10x	as long as short
Nado SNDK-PERP	−0.0010%	1h	1,771.8	−1.566%	$335K	$1.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,772.1	−1.546%	$21.6M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,771.6	−1.573%	$282.8M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,772	−1.556%	$31.4M	$105.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,772.1	−1.548%	$82.6M	$834.1M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,772.4	−1.531%	$137K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,771.7	−1.570%	$182.1M	$219.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,771.7	−1.572%	$49.8M	$168.4M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,771.4	−1.588%	$2.7M	$4.7M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,768.6	−1.742%	$275K	$189K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,771.4	−1.587%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,770.2	−1.654%	$745	$3.1M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,770.4	−1.642%	$1.4M	$9.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,771.4	−1.588%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	0.0000%	1h	1,771.3	−1.590%	$1.4M	$9.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0016%	1h	1,767.9	−1.779%	$676	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,771.9	−1.561%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,770.3	−1.646%	$396K	$2.3M	10x	as long as short
Injective SNDK/USDC PERPlong	+0.0033%	1h	1,800	long leg	$36	$9K	12x
Arcus SNDK-USD	+0.0040%	1h	1,771	−1.610%	$271K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,771.6	−1.573%	—	$570K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,772	−1.553%	$246K	$682K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,771.5	−1.581%	$120.9M	$152.2M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,769.9	−1.670%	$4.6M	$19.1M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,770.8	−1.620%	$187K	$130K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,769.2	−1.709%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,771.2	−1.596%	—	—	5x	as long as short
Lighter SNDK	+0.0056%	1h	1,772.6	−1.519%	$1.8M	$16.8M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,770.6	−1.631%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,771.4	−1.587%	$199K	$305K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,770.5	−1.637%	$6.1M	$22.9M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,771.5	−1.584%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,771.1	−1.601%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0136%	1h	1,771.3	−1.591%	$442K	$2.1M	10x	as long as short
GRVT SNDK_USDT_Perp	+0.0137%	8h	1,772.1	−1.548%	$27K	$2.4M	10x	as long as short
SoDEX SNDK-USD	+0.0215%	1h	1,771.3	−1.593%	$727K	$523K	10x	as long as short
edgeX SNDKUSDC	+0.0286%	4h	1,771	−1.610%	$563K	$338K	10x	as long as short
Kraken Futures PF_SNDKUSDshort	+0.0550%	1h	1,770.3	−1.645%	$160K	$382K	20x