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−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: SunX against ApeX Omni−0.084%47s7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$900.900% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.230%−$23 on $10k
Price spread, last 3 days (all we have)−0.014%−$1 · spread now −0.084%, 7d avg −0.062%
Together, before fees−0.244%−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.022% cheaper against ApeX Omni than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.062%). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SNDKUSDT1,778.20.0100pay 0.0013% / 1h17m 35s$68K$268K50x
ShortSunX SNDK-USDT1,776.70get 0.0000% / 8h17m 35s$853$3.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.084% → −0.062%
−$2.19
Slippage, 4 orders
−$71.98
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$113.17
Costs to cover
0.900%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 59 min ago; SunX: live order book, 10 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, 59 min ago7.95 bp12.9 bp −$1333.8 bp −$338doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago28.04 bp32.0 bp −$3261.6 bp −$616doesn'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%8h1,778.4+0.011%$4.1M$4.5M75xas long as short
Entropy io:SNDK−0.0073%1h1,777.5−0.038%$4.6M$20.4M10xas long as short
QFEX SNDK-USD−0.0004%1h1,777.8−0.022%$2.2M$21.7M10xas long as short
Aster SNDKUSD10.0000%8h1,778.6+0.025%$21.9M$46.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,777.8−0.021%$283.9M$1.88B75xas long as short
Bybit SNDKUSDT0.0000%8h1,778−0.008%$31.7M$105.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,778.1−0.004%$87.1M$845.6M75xas long as short
Gate SNDK_USDT0.0000%8h1,777.7−0.025%$183.8M$240.0M75xas long as short
Bitget SNDKUSDT0.0000%8h1,777.8−0.022%$47.9M$171.8M75xas long as short
Variational Omni SNDK0.0000%8h1,777.6−0.031%$2.6M$4.7Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp0.0000%8h1,778.3+0.009%$12K$1.0M10xas long as short
Phoenix SNDK0.0000%1h1,777.7−0.026%$277K$195K15xas long as short
Bullet SNDK-USD0.0000%1h1,778.1−0.004%$15K$291K10xas long as short
SunX SNDK-USDTshort0.0000%8h1,776.7−0.084%$853$3.9M20x
HTX SNDK-USDT0.0000%8h1,778.1−0.006%$1.5M$11.1M50xas long as short
Phemex SNDKUSDT0.0000%8h1,778.1−0.007%$2.8M$1.0M50xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,778.4+0.010%$803$37K5xas long as short
RISEx SNDK/USDC+0.0018%1h1,778.9+0.041%$174K$1.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,778.1−0.006%$1.3M$10.0M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,777.7−0.026%$412K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.225%$36$15K12xas long as short
Arcus SNDK-USD+0.0040%1h1,777.5−0.036%$285K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,777.7−0.027%$670K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,777.8−0.021%$245K$670K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,777.7−0.026%$113.3M$151.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,777.8−0.021%$204K$124K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,778.2−0.001%$727K$538K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,777.9−0.017%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,778−0.010%$1.4M$4.9M5xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0076%1h1,778.5+0.018%$50K$303K10xas long as short
Aevo SNDK-PERP+0.0080%1h1,778.1−0.004%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0096%1h1,779+0.048%$441K$2.4M10xas long as short
Pacifica SNDK+0.0100%1h1,778−0.012%$212K$281K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,777.3−0.047%$6.0M$22.2M20xas long as short
ApeX Omni SNDKUSDTlong+0.0100%1h1,778.2long leg$68K$268K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,777.5−0.040%$8K$2K20xas long as short
Lighter SNDK+0.0128%1h1,778.7+0.030%$1.6M$16.4M20xas long as short
Nado SNDK-PERP+0.0168%1h1,778.1−0.005%$355K$1.4M10xas long as short
edgeX SNDKUSDC+0.0168%4h1,777.8−0.019%$565K$355K10xas long as short
Kraken Futures PF_SNDKUSD+0.0455%1h1,778.8+0.036%$129K$406K20xas long as short