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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.053%
Price spread now: Deribit against ApeX Omni+0.387%74s7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.507% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.161%−$16 on $10k
Price spread, last 3 days (all we have)−0.451%−$45 · spread now +0.387%, 7d avg −0.025%
Together, before fees−0.612%−$61 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.412% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.387% now, against its 7-day average of −0.025%): +$41 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 14 days. The two prices were read 74 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% / 1h28m 22s$69K$269K50x
ShortDeribit SNDK_USDC-PERPETUAL1,790.60get 0.0000% / 1h28m 22s$50K$314K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$21
Price spread: +0.387% → −0.025%
$41.2
Slippage, 4 orders
−$33.72
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$30.52
Costs to cover
0.507%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 44 min ago; Deribit: live order book, 45 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 Deribit live order book, 45 min ago3.01 bp15.9 bp −$1623.3 bp −$233doesn'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-USDT−0.0120%8h1,790.4+0.371%$4.1M$4.5M75xas long as short
Aster SNDKUSD10.0000%8h1,791+0.409%$21.8M$44.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,790.8+0.396%$286.3M$1.84B75xas long as short
Bybit SNDKUSDT0.0000%8h1,791.4+0.432%$32.1M$100.2M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,790.7+0.391%$86.3M$835.8M75xas long as short
Gate SNDK_USDT0.0000%8h1,791.5+0.436%$183.0M$234.8M75xas long as short
Bitget SNDKUSDT0.0000%8h1,790.8+0.395%$47.6M$168.8M75xas 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-PERPETUALshort0.0000%1h1,790.6+0.387%$50K$314K10x
HTX SNDK-USDT0.0000%8h1,789.6+0.326%$1.5M$10.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790.2+0.363%$2.8M$1.0M50xas long as short
QFEX SNDK-USD+0.0001%1h1,791.1+0.413%$2.1M$19.8M10xas long as short
RISEx SNDK/USDC+0.0004%1h1,792.5+0.489%$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%1h1,792.5+0.493%$1.6M$16.2M20xas long as short
Lighter RH SNDK+0.0032%1h1,792+0.463%$1.3M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,791+0.405%$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%1h1,787.1+0.186%$305K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.3+0.366%$585K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,791.7+0.447%$246K$647K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,791.6+0.441%$115.2M$148.3M10xas long as short
Entropy io:SNDK+0.0050%1h1,788.4+0.262%$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%8h1,791.7+0.445%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%1h1,790.8+0.396%$199K$291K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,790.8+0.396%$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-INTX+0.0128%1h1,787.7+0.225%$441K$2.3M10xas long as short
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