Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.062%
Price spread now: BloFin against ApeX Omni−0.001%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$400.395% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 3 days (all we have)−0.066%−$7 · spread now −0.001%, 7d avg −0.021%
Together, before fees−0.117%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SNDKUSDT1,771.70.0100pay 0.0013% / 1h49m 09s$68K$269K50x
ShortBloFin SNDK-USDT1,771.7−0.0120pay 0.0120% / 8h1h 49m$4.1M$4.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against ApeX Omni. 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

Funding earned
−$46.2
Price spread: −0.001% → −0.021%
$1.95
Slippage, 4 orders
−$17.53
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$83.79
Costs to cover
0.395%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 33 min ago; BloFin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 33 min ago7.97 bp13.0 bp −$1334.2 bp −$342doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago0.31 bp7.0 bp −$78.1 bp −$81doesn't fitdoesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SNDK-USDTshort−0.0120%8h1,771.7−0.001%$4.1M$4.5M75x
QFEX SNDK-USD−0.0007%1h1,771.4−0.017%$2.2M$21.9M10xas long as short
Aster SNDKUSD10.0000%8h1,771.7−0.002%$21.8M$39.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,771.5−0.012%$286.7M$1.89B75xas long as short
Bybit SNDKUSDT0.0000%8h1,771.8+0.006%$31.7M$105.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,771.5−0.012%$87.8M$845.9M75xas long as short
Gate SNDK_USDT0.0000%8h1,771.5−0.013%$183.3M$241.2M75xas long as short
Bitget SNDKUSDT0.0000%8h1,771.6−0.005%$49.6M$171.0M75xas long as short
Variational Omni SNDK0.0000%8h1,771.6−0.006%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,771.6−0.005%$20K$1.0M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SNDK0.0000%1h1,771.8+0.005%$276K$195K15xas long as short
Bullet SNDK-USD0.0000%1h1,771.5−0.012%$13K$294K10xas long as short
SunX SNDK-USDT0.0000%8h1,771.1−0.035%$1K$4.0M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,771.8+0.006%$49K$239K10xas long as short
HTX SNDK-USDT0.0000%8h1,771.3−0.021%$1.5M$11.1M50xas long as short
Phemex SNDKUSDT0.0000%8h1,771.5−0.012%$2.8M$960K50xas long as short
Aftermath Perps SNDKUSD+0.0007%1h1,771.8+0.004%$725$37K5xas long as short
RISEx SNDK/USDC+0.0015%1h1,772.4+0.041%$162K$1.8M20xas long as short
Lighter SNDK+0.0032%1h1,772.3+0.033%$1.5M$16.1M20xas long as short
Lighter RH SNDK+0.0032%1h1,771.9+0.010%$1.4M$10.2M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,771.2−0.029%$410K$1.8M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.594%$36$15K12xas long as short
Arcus SNDK-USD+0.0040%1h1,771−0.038%$282K$1.7M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,770.8−0.054%$670K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,771.5−0.012%$244K$672K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,771.6−0.007%$112.6M$152.1M10xas long as short
Entropy io:SNDK+0.0050%1h1,770.6−0.063%$4.5M$20.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,771.2−0.029%$196K$90K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,771.6−0.008%$724K$550K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,771.3−0.024%$1.4M$4.8M5xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,771.2−0.027%5xas long as short
Coinbase International SNDK-PERP-INTX+0.0056%1h1,773.3+0.089%$438K$2.4M10xas long as short
Nado SNDK-PERP+0.0063%1h1,771.5−0.011%$309K$1.4M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,771.3−0.026%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,771.3−0.024%$213K$291K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,770.8−0.051%$6.0M$22.8M20xas long as short
ApeX Omni SNDKUSDTlong+0.0100%1h1,771.7long leg$68K$269K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,770.5−0.071%$8K$2K20xas long as short
edgeX SNDKUSDC+0.0202%4h1,771.5−0.014%$563K$355K10xas long as short
Kraken Futures PF_SNDKUSD+0.0386%1h1,772.2+0.028%$129K$415K20xas long as short