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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0265%/8h= +29.0% APRpaid last 24h +0.039%
Price spread now: Coinbase International against Bitget+0.010%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$310.312% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.010%, 7d avg +0.021%
Together, before fees−0.017%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.031% in total (about -1.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SNDKUSDT1,758.5−0.0153get 0.0153% / 8h7h 03m$49.6M$168.1M75x
ShortCoinbase International SNDK-PERP-INTX1,758.70.0112get 0.0014% / 1h3m 47s$440K$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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
$55.65
Price spread: +0.010% → +0.021%
−$1.16
Slippage, 4 orders
−$9.16
Fee Bitget: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$23.33
Costs to cover
0.312%
Break-even
4.1 days
Slippage from Bitget: live order book, 5 min ago; Coinbase International: live order book, 5 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 Bitget live order book, 5 min ago0.28 bp8.3 bp −$812.1 bp −$121doesn't fitdoesn't fit
Sell Coinbase International live order book, 5 min ago1.79 bp6.8 bp −$712.0 bp −$12034.3 bp −$3,427doesn'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
Bitget SNDKUSDTlong−0.0153%8h1,758.5long leg$49.6M$168.1M75x
BloFin SNDK-USDT−0.0120%8h1,759.4+0.048%$3.9M$4.6M75xas long as short
QFEX SNDK-USD−0.0002%1h1,758.4−0.009%$1.4M$9.5M10xas long as short
Aster SNDKUSD10.0000%8h1,758.3−0.014%$21.4M$32.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,758.6+0.001%$279.4M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,758.9+0.019%$31.9M$105.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,758.7+0.009%$82.1M$826.1M75xas long as short
RISEx SNDK/USDC0.0000%1h1,759.6+0.058%$136K$1.5M20xas long as short
Gate SNDK_USDT0.0000%8h1,758.8+0.015%$180.3M$222.7M75xas long as short
Variational Omni SNDK0.0000%8h1,758.4−0.008%$2.5M$4.8Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp0.0000%8h1,758.8+0.014%$21K$2.3M10xas long as short
Phoenix SNDK0.0000%1h1,757−0.088%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,758.4−0.007%$13K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,758.6+0.003%$881$3.2M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,758.9+0.019%$51K$355K10xas long as short
HTX SNDK-USDT0.0000%8h1,757.9−0.038%$1.4M$9.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,758.3−0.011%$2.8M$1.1M50xas long as short
KuCoin SNDKUSDTM+0.0008%8h1,757.7−0.051%$6.1M$22.6M20xas long as short
Nado SNDK-PERP+0.0015%1h1,758.9+0.023%$336K$1.5M10xas long as short
Aftermath Perps SNDKUSD+0.0015%1h1,757.7−0.045%$672$38K5xas long as short
Lighter SNDK+0.0032%1h1,759.6+0.057%$1.7M$16.7M20xas long as short
Lighter RH SNDK+0.0032%1h1,758.6+0.003%$1.2M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,758.5−0.002%$389K$2.2M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.355%$36$9K12xas long as short
Vest SNDK-USD-PERP+0.0036%1h1,758.4−0.007%$573K10xas long as short
Arcus SNDK-USD+0.0040%1h1,758.1−0.028%$251K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,758.6+0.003%$242K$666K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,758.2−0.019%$119.3M$159.3M10xas long as short
Entropy io:SNDK+0.0050%1h1,758−0.031%$4.5M$19.4M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,757.9−0.036%$185K$130K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,758.4−0.008%$1.4M$5.3M5xas long as short
Paradex SNDK-USD-PERP+0.0051%8h1,758.6+0.003%5xas long as short
Aevo SNDK-PERP+0.0080%1h1,758−0.030%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,758.3−0.014%$197K$307K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,757.4−0.067%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,758−0.030%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTXshort+0.0112%1h1,758.7+0.010%$440K$2.1M10x
SoDEX SNDK-USD+0.0165%1h1,758.6+0.001%$719K$515K10xas long as short
edgeX SNDKUSDC+0.0255%4h1,758−0.033%$559K$348K10xas long as short
Kraken Futures PF_SNDKUSD+0.0284%1h1,759.1+0.031%$128K$341K20xas long as short