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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: BloFin against Aster−0.080%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$260.261% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 4 days (all we have)−0.144%−$14 · spread now −0.080%, 7d avg −0.002%
Together, before fees−0.080%+ Points / potential airdropAster: Stage 5 · farm board−$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 BloFin is 0.077% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.002%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SNDKUSD11,755.90get 0.0000% / 8h7h 46m$21.4M$32.7M20x
ShortBloFin SNDK-USDT1,754.5−0.0120pay 0.0120% / 8h7h 46m$3.9M$4.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
−$25.2
Price spread: −0.080% → −0.002%
−$7.73
Slippage, 4 orders
−$6.07
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$59.01
Costs to cover
0.261%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; BloFin: live order book, 2 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 Aster live order book, 2 min ago0.03 bp7.6 bp −$814.1 bp −$141doesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago0.17 bp6.5 bp −$77.4 bp −$74doesn'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
GRVT SNDK_USDT_Perp−0.0516%8h1,756.1+0.011%$23K$2.2M10xas long as short
HTX SNDK-USDT−0.0455%8h1,754.1−0.103%$1.4M$10.5M50xas long as short
Bitget SNDKUSDT−0.0241%8h1,754.5−0.079%$49.3M$166.4M75xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0132%1h1,754.7−0.070%$50K$359K10xas long as short
BloFin SNDK-USDTshort−0.0120%8h1,754.5−0.080%$3.9M$4.5M75x
Entropy io:SNDK−0.0111%1h1,755−0.052%$4.6M$19.5M10xas long as short
Nado SNDK-PERP−0.0082%1h1,755.9−0.003%$333K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0021%8h1,755.4−0.029%$6.0M$22.5M20xas long as short
QFEX SNDK-USD−0.0002%1h1,754.7−0.069%$1.4M$9.7M10xas long as short
Aster SNDKUSD1long0.0000%8h1,755.9long leg$21.4M$32.7M20x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SNDKUSDT0.0000%8h1,754.5−0.079%$280.4M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,754.8−0.063%$31.5M$103.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,754.8−0.063%$82.5M$823.5M75xas long as short
RISEx SNDK/USDC0.0000%1h1,756+0.004%$136K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,753.7−0.124%$178.6M$217.0M75xas long as short
Variational Omni SNDK0.0000%8h1,758.7+0.161%$2.5M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,754.7−0.069%$273K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,754.4−0.086%$13K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,754.9−0.056%$835$3.4M20xas long as short
Phemex SNDKUSDT0.0000%8h1,754.4−0.088%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0011%1h1,752.6−0.189%$570K10xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,756.6+0.041%$671$38K5xas long as short
Lighter SNDK+0.0032%1h1,755.1−0.047%$1.7M$16.3M20xas long as short
Lighter RH SNDK+0.0032%1h1,754.9−0.058%$1.2M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,755.3−0.037%$452K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.509%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,754.3−0.091%$255K$1.5M10xas long as short
Paradex SNDK-USD-PERP+0.0046%8h1,754.7−0.072%5xas long as short
Popdex SNDKUSDT+0.0048%1h1,754.6−0.075%$241K$628K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,754.7−0.069%$119.4M$157.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,755.4−0.029%$184K$127K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,754.8−0.065%$718K$521K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,755.7−0.012%$1.3M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,754.5−0.080%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,754.6−0.073%$197K$310K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,757.3+0.080%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,754.9−0.058%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,755.9−0.002%$426K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0285%1h1,754.8−0.060%$128K$344K20xas long as short
edgeX SNDKUSDC+0.0855%4h1,755.1−0.045%$558K$351K10xas long as short