SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.018%

Price spread now: Polymarket Perps against QFEX+0.013%7-day average −0.046% · 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−$18as in the Price arb table

costs, in and out, $10k−$240.241% of the position

Long on QFEX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.051%−$5 on $10k

Price spread, last 7 days−0.172%−$17 · spread now +0.013%, 7d avg −0.046%

Together, before fees−0.223%−$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.059% dearer against QFEX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.046%. Mind the row above: over the last 3 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SNDK-USD	1,778.8	−0.0004	get 0.0000% / 1h	36m 26s	$2.2M	$21.7M	10x
Short	Polymarket Perps SNDK-USD	1,779	0.0050	get 0.0006% / 1h	36m 26s	$197K	$89K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against QFEX. 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 QFEXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.013%Rate

Funding earned: $11.31
Price spread: +0.013% → −0.046%: $5.92
Slippage, 4 orders: −$6.07
Fee QFEX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$6.84
Costs to cover: 0.241%
Break-even: 11.2 days

Slippage from QFEX: live order book, 8 min ago; Polymarket Perps: live order book, 40 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 QFEX live order book, 8 min ago	0.45 bp	6.1 bp −$6	6.2 bp −$62	9.8 bp −$979	doesn't fit
Sell Polymarket Perps live order book, 40 min ago	1.41 bp	7.0 bp −$7	8.2 bp −$82	10.6 bp −$1,062	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	1,779.5	+0.040%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0068%	1h	1,778.4	−0.020%	$4.6M	$20.4M	10x	as long as short
QFEX SNDK-USDlong	−0.0004%	1h	1,778.8	long leg	$2.2M	$21.7M	10x
Aster SNDKUSD1	0.0000%	8h	1,779.5	+0.042%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,779	+0.012%	$284.5M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,779.4	+0.035%	$31.8M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,779.1	+0.019%	$87.4M	$845.5M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,779.4	+0.035%	$184.1M	$239.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,779.5	+0.042%	$49.6M	$170.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,778.7	−0.005%	$2.6M	$4.7M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,779	+0.013%	$12K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.6	−0.009%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,779.4	+0.036%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,778.7	−0.002%	$827	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,779.4	+0.037%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,779.7	+0.053%	$2.8M	$1.0M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,779.3	+0.028%	$707	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,780.3	+0.087%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.3	+0.031%	$1.3M	$9.9M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,778.5	−0.015%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.192%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,778.8	0.000%	$285K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.6	−0.008%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779.1	+0.019%	$246K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,778.9	+0.008%	$113.4M	$151.7M	10x	as long as short
Polymarket Perps SNDK-USDshort	+0.0050%	1h	1,779	+0.013%	$197K	$89K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,779.2	+0.024%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.9	+0.008%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,779.1	+0.019%	$1.4M	$4.9M	5x	as long as short
edgeX SNDKUSDC	+0.0062%	4h	1,778.7	−0.005%	$565K	$354K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778.7	−0.003%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,778.6	−0.009%	$442K	$2.4M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0099%	1h	1,779.4	+0.036%	$50K	$286K	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,779.2	+0.025%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,778.3	−0.026%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,779.1	+0.018%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,778.4	−0.019%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0160%	1h	1,780.1	+0.074%	$1.6M	$16.2M	20x	as long as short
Nado SNDK-PERP	+0.0182%	1h	1,778.9	+0.008%	$387K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,780.2	+0.079%	$130K	$406K	20x	as long as short