Funding you earn now, next payment 02:00 UTC−0.0083%/8h= −9.1% APRpaid last 24h +0.067%
Price spread now: edgeX against Kraken Futures−0.057%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$570.568% of the position
Funding, last 7 days+0.350%+$35 on $10k
+Price spread, last 3 days (all we have)+0.136%+$14 · spread now −0.057%, 7d avg −0.007%
=Together, before fees+0.486%+ Points / potential airdropedgeX: Active · farm board+$49 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 edgeX is 0.051% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.007%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.350%, 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 | Kraken Futures PF_SNDKUSD | 1,784.5 | 0.0132 | pay 0.0016% / 1h | 36m 55s | $130K | $364K | 20x |
| Short | edgeX SNDKUSDC | 1,783.4 | 0.0049 | get 0.0024% / 4h | 2h 36m | $566K | $352K | 10x |
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$17.4
- Price spread: −0.057% → −0.007%
- −$5.07
- Slippage, 4 orders
- −$37.78
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$79.24
- Costs to cover
- 0.568%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 31 min ago; edgeX: live order book, 32 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 Kraken Futures live order book, 31 min ago | 3.91 bp | 19.2 bp −$19 | 44.6 bp −$446 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 32 min ago | 5.06 bp | 9.7 bp −$10 | 11.3 bp −$113 | 47.3 bp −$4,734 | 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 | 1,788 | +0.199% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0091% | 1h | 1,784.9 | +0.025% | $4.9M | $20.3M | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0064% | 1h | 1,783.6 | −0.047% | $51K | $328K | 10x | as long as short |
| Phoenix SNDK | −0.0045% | 1h | 1,786.8 | +0.131% | $278K | $193K | 15x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,784.4 | −0.005% | $1.8M | $17.2M | 10x | as long as short |
| Nado SNDK-PERP | −0.0001% | 1h | 1,785 | +0.033% | $360K | $1.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,783.9 | −0.029% | $21.7M | $39.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,782.7 | −0.098% | $285.9M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,783.2 | −0.073% | $32.0M | $100.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,782.8 | −0.093% | $85.5M | $829.6M | 75x | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
Deribit SNDK_USDC-PERPETUAL
Phoenix SNDK
QFEX SNDK-USD
Nado SNDK-PERP
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,782.7 | −0.101% | $180.3M | $231.5M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,782.6 | −0.103% | $43.9M | $167.5M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,786.9 | +0.138% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,783.2 | −0.073% | $15K | $1.1M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,784.4 | −0.001% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,783.7 | −0.043% | $772 | $3.7M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,783.7 | −0.044% | $1.5M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,782.4 | −0.115% | $2.8M | $1.1M | 50x | as long as short |
| tradeXYZ xyz:SNDK | +0.0003% | 1h | 1,782.4 | −0.115% | $114.1M | $146.5M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0004% | 1h | 1,786 | +0.087% | $670 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,783.9 | −0.032% | $1.7M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,783.9 | −0.032% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,783.4 | −0.059% | $470K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.869% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,784.1 | −0.020% | $311K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,784 | −0.025% | — | $584K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,784.6 | +0.008% | $246K | $645K | 20x | as long as short |
| edgeX SNDKUSDCshort | +0.0049% | 4h | 1,783.4 | −0.057% | $566K | $352K | 10x | |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,784.2 | −0.016% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,784.1 | −0.020% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,782.8 | −0.095% | $729K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,784.6 | +0.008% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,783.8 | −0.036% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,783.4 | −0.057% | $437K | $2.3M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,784.5 | +0.004% | $198K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,783.6 | −0.050% | $6.1M | $21.5M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,783.2 | −0.070% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,782.8 | −0.096% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSDlong | +0.0132% | 1h | 1,784.5 | long leg | $130K | $364K | 20x | |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,785.1 | +0.035% | $171K | $1.8M | 20x | as long as short |
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
tradeXYZ xyz:SNDK
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
RISEx SNDK/USDC