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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0190%/8h= +20.8% APRpaid last 24h +0.038%
Price spread now: Popdex against Bitget+0.016%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.318% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.058%+$6 on $10k
Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.016%, 7d avg +0.008%
Together, before fees+0.037%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.058% in total (about 5.6% 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 SNDKUSDT1,759.8−0.0142get 0.0142% / 8h7h 01m$49.5M$168.1M75x
ShortPopdex SNDKUSDT1,760.10.0048get 0.0006% / 1h1m 30s$242K$666K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$39.9
Price spread: +0.016% → +0.008%
$0.84
Slippage, 4 orders
−$13.43
Fee Bitget: 6 bp × 2 orders
−$12
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
$8.9
Costs to cover
0.318%
Break-even
5.4 days
Slippage from Bitget: live order book, 3 min ago; Popdex: live order book, 33 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, 3 min ago0.43 bp8.3 bp −$813.2 bp −$132doesn't fitdoesn't fit
Sell Popdex live order book, 33 min ago4.29 bp7.5 bp −$712.5 bp −$125doesn'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
Bitget SNDKUSDTlong−0.0142%8h1,759.8long leg$49.5M$168.1M75x
BloFin SNDK-USDT−0.0120%8h1,758.4−0.081%$3.9M$4.6M75xas long as short
QFEX SNDK-USD−0.0002%1h1,759.7−0.008%$1.4M$9.4M10xas long as short
Aster SNDKUSD10.0000%8h1,759.4−0.022%$21.4M$32.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,759.5−0.017%$279.5M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,760.1+0.017%$31.9M$105.1M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,759.4−0.023%$82.2M$826.2M75xas long as short
RISEx SNDK/USDC0.0000%1h1,759−0.047%$136K$1.5M20xas long as short
Gate SNDK_USDT0.0000%8h1,759.8−0.001%$180.3M$222.8M75xas long as short
Variational Omni SNDK0.0000%8h1,758.4−0.080%$2.5M$4.8Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp0.0000%8h1,758.7−0.060%$21K$2.3M10xas long as short
Phoenix SNDK0.0000%1h1,757.5−0.131%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,759.4−0.023%$13K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,758.5−0.074%$883$3.2M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,758.2−0.090%$51K$356K10xas long as short
HTX SNDK-USDT0.0000%8h1,757.3−0.144%$1.4M$9.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,758.1−0.095%$2.8M$1.1M50xas long as short
KuCoin SNDKUSDTM+0.0013%8h1,758.2−0.090%$6.0M$22.6M20xas long as short
Nado SNDK-PERP+0.0013%1h1,759−0.047%$336K$1.5M10xas long as short
Aftermath Perps SNDKUSD+0.0015%1h1,757.8−0.111%$672$38K5xas long as short
Lighter SNDK+0.0032%1h1,760.4+0.032%$1.7M$16.7M20xas long as short
Lighter RH SNDK+0.0032%1h1,759.7−0.008%$1.2M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,756.5−0.188%$389K$2.2M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.281%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,758.9−0.049%$270K$1.4M10xas long as short
Vest SNDK-USD-PERP+0.0040%1h1,759.2−0.033%$573K10xas long as short
Popdex SNDKUSDTshort+0.0048%1h1,760.1+0.016%$242K$666K20x
tradeXYZ xyz:SNDK+0.0050%1h1,759.9+0.005%$119.4M$159.3M10xas long as short
Entropy io:SNDK+0.0050%1h1,758.6−0.069%$4.5M$19.4M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,759.4−0.023%$186K$130K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,757.6−0.126%$1.4M$5.3M5xas long as short
Paradex SNDK-USD-PERP+0.0051%8h1,759−0.043%5xas long as short
Aevo SNDK-PERP+0.0080%1h1,757.9−0.110%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,759.4−0.021%$197K$307K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,759.6−0.011%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,757.2−0.150%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,758.7−0.063%$440K$2.1M10xas long as short
SoDEX SNDK-USD+0.0139%1h1,757.7−0.120%$719K$515K10xas long as short
edgeX SNDKUSDC+0.0256%4h1,759.1−0.042%$559K$349K10xas long as short
Kraken Futures PF_SNDKUSD+0.0284%1h1,758.5−0.076%$128K$336K20xas long as short