SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0081%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.018%

Price spread now: Popdex against QFEX−0.004%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$190.194% of the position

Long on QFEX Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.053%+$5 on $10k

Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.004%, 7d avg +0.015%

Together, before fees+0.106%+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.015%, 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	QFEX SNDK-USD	1,790.1	−0.0033	get 0.0004% / 1h	5m 35s	$1.4M	$13.0M	10x
Short	Popdex SNDKUSDT	1,790	0.0048	get 0.0006% / 1h	5m 35s	$246K	$648K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −0.004%Rate

Funding earned: $16.92
Price spread: −0.004% → +0.015%: −$1.92
Slippage, 4 orders: −$2.98
Fee QFEX: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$4.39
Costs to cover: 0.194%
Break-even: 8.8 days

Slippage from QFEX: live order book, 4 min ago; Popdex: live order book, 53 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, 4 min ago	0.78 bp	6.0 bp −$6	6.1 bp −$61	11.9 bp −$1,188	doesn't fit
Sell Popdex live order book, 53 min ago	0.56 bp	3.8 bp −$4	9.2 bp −$92	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	1,790.7	+0.037%	$4.0M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0089%	1h	1,790.6	+0.030%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0063%	1h	1,790.7	+0.032%	$349K	$1.5M	10x	as long as short
Entropy io:SNDK	−0.0038%	1h	1,790	−0.004%	$4.9M	$19.8M	10x	as long as short
QFEX SNDK-USDlong	−0.0033%	1h	1,790.1	long leg	$1.4M	$13.0M	10x
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,791.9	+0.099%	$437K	$2.3M	10x	as long as short
KuCoin SNDKUSDTM	−0.0020%	8h	1,789.7	−0.020%	$6.1M	$22.3M	20x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,790.7	+0.033%	$21.8M	$35.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,790.1	+0.001%	$285.7M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790.8	+0.038%	$32.7M	$100.5M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,790.1	+0.002%	$83.9M	$826.9M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,791.2	+0.065%	$171K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,790.3	+0.015%	$180.3M	$231.1M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,790.1	+0.002%	$44.0M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.9	−0.010%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790.8	+0.041%	$13K	$1.5M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,790.3	+0.013%	$13K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.9	−0.068%	$928	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,790.7	+0.034%	$51K	$345K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.8	−0.017%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,790.2	+0.004%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,790.7	+0.034%	$734	$37K	5x	as long as short
edgeX SNDKUSDC	+0.0026%	4h	1,790.3	+0.011%	$569K	$352K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,791.2	+0.063%	$1.7M	$15.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.8	+0.043%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,790.5	+0.024%	$451K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.552%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,789.1	−0.053%	$278K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,790.8	+0.038%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.2	+0.009%	—	$581K	10x	as long as short
Popdex SNDKUSDTshort	+0.0048%	1h	1,790	−0.004%	$246K	$648K	20x
Paradex SNDK-USD-PERP	+0.0050%	8h	1,790	−0.007%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,790.6	+0.030%	$118.6M	$149.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,790.1	+0.002%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,790.3	+0.010%	$732K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,790.6	+0.030%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.9	−0.008%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,790.4	+0.017%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,791.1	+0.060%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789.5	−0.031%	$8K	$3K	20x	as long as short