SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.055%

Price spread now: Kraken Futures against Polymarket Perps+0.050%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs+$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$430.434% of the position

Long on Polymarket Perps Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.818%+$82 on $10k

Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.050%, 7d avg +0.034%

Together, before fees+0.725%+$72 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SNDK-USD	1,763.8	0.0050	pay 0.0006% / 1h	3m 11s	$184K	$132K	10x
Short	Kraken Futures PF_SNDKUSD	1,764.7	0.0123	get 0.0015% / 1h	3m 11s	$128K	$355K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Polymarket Perps. 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 Polymarket PerpsbpFee Kraken FuturesbpOrdersPrice spread, now +0.050%Rate

Funding earned: $15.25
Price spread: +0.050% → +0.034%: $1.64
Slippage, 4 orders: −$25.37
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$26.49
Costs to cover: 0.434%
Break-even: 19.2 days

Slippage from Polymarket Perps: live order book, 49 min ago; Kraken Futures: live order book, 50 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 Polymarket Perps live order book, 49 min ago	1.96 bp	6.0 bp −$6	6.9 bp −$69	8.9 bp −$890	doesn't fit
Sell Kraken Futures live order book, 50 min ago	2.52 bp	12.2 bp −$12	37.8 bp −$378	doesn't fit	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	1,764.5	+0.039%	$3.9M	$4.4M	75x	as long as short
KuCoin SNDKUSDTM	−0.0048%	8h	1,764.6	+0.046%	$6.1M	$22.1M	20x	as long as short
Entropy io:SNDK	−0.0028%	1h	1,766.4	+0.147%	$4.8M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,763.7	−0.007%	$1.4M	$11.9M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,767.2	+0.193%	$433K	$2.3M	10x	as long as short
Nado SNDK-PERP	−0.0001%	1h	1,764.4	+0.032%	$337K	$1.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,765.4	+0.090%	$21.5M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,764.5	+0.039%	$279.7M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,764.5	+0.037%	$31.7M	$102.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,763.8	0.000%	$81.8M	$826.8M	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	1,765.4	+0.092%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,763.8	+0.001%	$176.8M	$231.9M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,764.1	+0.018%	$44.1M	$162.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,767.8	+0.227%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,766.8	+0.168%	$10K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,767.6	+0.215%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,764.4	+0.036%	$14K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,766.7	+0.162%	$814	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,764.7	+0.052%	$51K	$346K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,763.9	+0.007%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,764.3	+0.031%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,766.9	+0.177%	$657	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0021%	1h	1,762.3	−0.086%	—	$592K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,765.4	+0.088%	$1.8M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,764.8	+0.057%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,764.2	+0.023%	$424K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.050%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,766	+0.125%	$262K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,764.7	+0.051%	$243K	$655K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,764.2	+0.021%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,764	+0.011%	$117.1M	$153.4M	10x	as long as short
Polymarket Perps SNDK-USDlong	+0.0050%	1h	1,763.8	long leg	$184K	$132K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,764.6	+0.045%	$721K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,765.9	+0.119%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,764.3	+0.031%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,765.8	+0.111%	$196K	$296K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,765.9	+0.120%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,764.1	+0.019%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSDshort	+0.0123%	1h	1,764.7	+0.050%	$128K	$355K	20x
edgeX SNDKUSDC	+0.0477%	4h	1,766.5	+0.153%	$561K	$353K	10x	as long as short