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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h −0.017%
Price spread now: Coinbase International against ApeX Omni+0.478%75s7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.434% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 3 days (all we have)−0.512%−$51 · spread now +0.478%, 7d avg −0.009%
Together, before fees−0.581%−$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.487% dearer against ApeX Omni than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of −0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SNDKUSDT1,783.70.0100pay 0.0013% / 1h27m 36s$69K$269K50x
ShortCoinbase International SNDK-PERP-INTX1,792.30.0128get 0.0016% / 1h27m 36s$442K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$5.88
Price spread: +0.478% → −0.009%
$48.68
Slippage, 4 orders
−$23.38
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$11.17
Costs to cover
0.434%
Break-even
from the start
Slippage from ApeX Omni: live order book, 44 min ago; Coinbase International: live order book, 1 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, 44 min ago7.91 bp13.7 bp −$1443.1 bp −$431doesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago2.62 bp8.2 bp −$813.9 bp −$13934.9 bp −$3,494doesn'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-USDT−0.0120%8h1,790.4+0.371%$4.1M$4.5M75xas long as short
Aster SNDKUSD10.0000%8h1,791.4+0.429%$21.8M$44.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,791.7+0.444%$286.5M$1.84B75xas long as short
Bybit SNDKUSDT0.0000%8h1,792.4+0.485%$32.1M$100.2M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,792.4+0.486%$86.4M$836.5M75xas long as short
Gate SNDK_USDT0.0000%8h1,792.1+0.469%$183.1M$234.8M75xas long as short
Bitget SNDKUSDT0.0000%8h1,791.8+0.453%$48.1M$169.1M75xas long as short
Variational Omni SNDK0.0000%8h1,786.6+0.162%$2.6M$4.6Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,787+0.181%$22K$1.1M10xas long as short
Phoenix SNDK0.0000%1h1,787.7+0.223%$278K$195K15xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet SNDK-USD0.0000%1h1,791.5+0.435%$13K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,789.5+0.325%$1K$3.8M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,790.6+0.387%$50K$314K10xas long as short
HTX SNDK-USDT0.0000%8h1,790.4+0.372%$1.5M$10.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790.8+0.396%$2.8M$1.0M50xas long as short
QFEX SNDK-USD+0.0001%1h1,791.8+0.450%$2.0M$19.8M10xas long as short
RISEx SNDK/USDC+0.0004%1h1,792.7+0.505%$171K$1.8M20xas long as short
Nado SNDK-PERP+0.0008%1h1,791.8+0.455%$347K$1.4M10xas long as short
Aftermath Perps SNDKUSD+0.0009%1h1,787.3+0.202%$715$37K5xas long as short
Lighter SNDK+0.0032%1h1,792.9+0.516%$1.7M$16.3M20xas long as short
Lighter RH SNDK+0.0032%1h1,792.3+0.479%$1.4M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,791.7+0.444%$439K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.910%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,788.1+0.247%$304K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.3+0.366%$585K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,792.3+0.480%$246K$647K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,791.9+0.458%$115.2M$148.4M10xas long as short
Entropy io:SNDK+0.0050%1h1,789+0.295%$4.8M$20.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,791.4+0.430%$187K$135K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,791.9+0.456%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,787+0.183%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,790.9+0.401%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,791.8+0.452%$199K$291K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,790.8+0.399%$6.1M$21.9M20xas long as short
ApeX Omni SNDKUSDTlong+0.0100%1h1,783.7long leg$69K$269K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,790.5+0.380%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTXshort+0.0128%1h1,792.3+0.478%$442K$2.3M10x
SoDEX SNDK-USD+0.0147%1h1,789.6+0.329%$732K$515K10xas long as short
Kraken Futures PF_SNDKUSD+0.0659%1h1,791.8+0.451%$130K$379K20xas long as short
edgeX SNDKUSDC+0.0988%4h1,786.5+0.153%$567K$355K10xas long as short