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+0.0100%/8h= +10.9% APRpaid last 24h +0.025%
Price spread now: Pacifica against Aster+0.026%58s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.026%, 7d avg −0.011%
Together, before fees−0.053%+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.037% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.011%. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SNDKUSD11,765.70get 0.0000% / 8h3h 09m$21.6M$32.3M20x
ShortPacifica SNDK1,766.10.0100get 0.0013% / 1h9m 44s$196K$289K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$21
Price spread: +0.026% → −0.011%
$3.67
Slippage, 4 orders
−$10.58
Fee Aster: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$1.92
Costs to cover
0.266%
Break-even
7.6 days
Slippage from Aster: live order book, 4 min ago; Pacifica: live order book, 44 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, 4 min ago1.24 bp5.9 bp −$610.3 bp −$103doesn't fitdoesn't fit
Sell Pacifica live order book, 44 min ago0.28 bp5.4 bp −$5doesn't fitdoesn'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%8h1,766.4+0.044%$3.9M$4.4M75xas long as short
KuCoin SNDKUSDTM−0.0049%8h1,765.6−0.005%$6.0M$22.1M20xas long as short
Entropy io:SNDK−0.0038%1h1,766.7+0.058%$4.8M$19.7M10xas long as short
QFEX SNDK-USD−0.0019%1h1,764.7−0.056%$1.4M$11.9M10xas long as short
Nado SNDK-PERP−0.0012%1h1,766.8+0.063%$340K$1.5M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,768.7+0.173%$430K$2.3M10xas long as short
Aster SNDKUSD1long0.0000%8h1,765.7long leg$21.6M$32.3M20x
Binance SNDKUSDT0.0000%8h1,764.9−0.045%$279.7M$1.82B75xas long as short
Bybit SNDKUSDT0.0000%8h1,764.8−0.048%$31.8M$102.2M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,764.3−0.078%$81.9M$825.6M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,766+0.020%$122K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,765.4−0.017%$176.8M$231.4M75xas long as short
Bitget SNDKUSDT0.0000%8h1,765.5−0.012%$44.2M$162.7M75xas long as short
Variational Omni SNDK0.0000%8h1,766.5+0.045%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,770.3+0.260%$10K$1.6M10xas long as short
Phoenix SNDK0.0000%1h1,771.4+0.324%$276K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,765.5−0.010%$13K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,764.8−0.047%$1K$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,765.6−0.004%$51K$346K10xas long as short
HTX SNDK-USDT0.0000%8h1,764.9−0.045%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,765.6−0.005%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0011%1h1,769.9+0.242%$659$38K5xas long as short
Vest SNDK-USD-PERP+0.0032%1h1,762.5−0.180%$582K10xas long as short
Lighter SNDK+0.0032%1h1,765.6−0.003%$1.7M$15.9M20xas long as short
Lighter RH SNDK+0.0032%1h1,764.6−0.061%$1.3M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,765−0.038%$426K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.942%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,768.1+0.136%$264K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,765.6−0.004%$243K$653K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,765.7−0.001%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,764.6−0.061%$116.8M$152.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,765−0.038%$185K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,765.8+0.006%$722K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,764.6−0.061%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,765.1−0.030%$1K10xas long as short
Pacifica SNDKshort+0.0100%1h1,766.1+0.026%$196K$289K10x
ApeX Omni SNDKUSDT+0.0100%1h1,770.3+0.260%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,764.7−0.053%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0123%1h1,765.8+0.005%$128K$353K20xas long as short
edgeX SNDKUSDC+0.0352%4h1,771.4+0.322%$563K$351K10xas long as short