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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h −0.031%
Price spread now: KuCoin against ApeX Omni−0.118%97s7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.497% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.118%, 7d avg −0.047%
Together, before fees+0.079%+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.071% cheaper against ApeX Omni than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.047%). Swap the legs. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SNDKUSDT1,773.10.0100pay 0.0013% / 1h18m 02s$68K$271K50x
ShortKuCoin SNDKUSDTM1,771−0.0047pay 0.0047% / 8h3h 18m$6.1M$22.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$30.87
Price spread: −0.118% → −0.047%
−$7.13
Slippage, 4 orders
−$27.72
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$87.72
Costs to cover
0.497%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 34 min ago; KuCoin: live order book, 6 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, 34 min ago7.74 bp12.7 bp −$1333.9 bp −$339doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago0.56 bp13.7 bp −$1456.8 bp −$568doesn'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%8h1,771.1−0.115%$3.9M$4.4M75xas long as short
Entropy io:SNDK−0.0053%1h1,771.1−0.113%$4.8M$19.8M10xas long as short
KuCoin SNDKUSDTMshort−0.0047%8h1,771−0.118%$6.1M$22.0M20x
Nado SNDK-PERP−0.0019%1h1,770.5−0.148%$340K$1.5M10xas long as short
QFEX SNDK-USD−0.0019%1h1,769.5−0.205%$1.4M$11.9M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,774.1+0.055%$434K$2.3M10xas long as short
Aster SNDKUSD10.0000%8h1,772.1−0.056%$21.6M$32.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,772−0.064%$280.9M$1.82B75xas long as short
Bybit SNDKUSDT0.0000%8h1,772.1−0.055%$31.9M$102.1M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,770.5−0.147%$82.1M$825.9M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,769.9−0.178%$122K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,770−0.177%$176.8M$231.0M75xas long as short
Bitget SNDKUSDT0.0000%8h1,770.7−0.138%$44.3M$162.7M75xas long as short
Variational Omni SNDK0.0000%8h1,773.3+0.013%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,772.9−0.010%$14K$1.6M10xas long as short
Phoenix SNDK0.0000%1h1,770.4−0.152%$276K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,769.9−0.180%$14K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,768.9−0.236%$961$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,770.1−0.169%$51K$346K10xas long as short
HTX SNDK-USDT0.0000%8h1,769.7−0.193%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,770.4−0.151%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0009%1h1,772.4−0.039%$659$38K5xas long as short
Lighter SNDK+0.0032%1h1,770.7−0.133%$1.7M$15.9M20xas long as short
Lighter RH SNDK+0.0032%1h1,770.1−0.169%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,770.1−0.167%$428K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.515%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,770.9−0.126%$264K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0043%1h1,767.5−0.315%$578K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,769.8−0.186%$244K$652K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,769.3−0.213%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,770−0.175%$117.2M$152.3M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,769.3−0.214%$185K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,769.8−0.184%$723K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,770.3−0.158%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,769.4−0.207%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,770−0.177%$197K$289K10xas long as short
ApeX Omni SNDKUSDTlong+0.0100%1h1,773.1long leg$68K$271K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,769.5−0.203%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,769.9−0.178%$128K$353K20xas long as short
edgeX SNDKUSDC+0.0582%4h1,772.9−0.012%$563K$352K10xas long as short