Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0153%/8h= +16.8% APRpaid last 24h +0.041%

Price spread now: Injective against BloFin+1.533%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.193%−$19 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 1.533% dearer against BloFin than usual: you sell high and buy low: +$153 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.193%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SNDK-USDT	1,772.8	−0.0120	get 0.0120% / 8h	3h 23m	$3.9M	$4.4M	75x
Short	Injective SNDK/USDC PERP	1,800	0.0033	get 0.0004% / 1h	23m 39s	$36	$9K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee InjectivebpOrdersPrice spread, now +1.533%Rate

Funding earned: $32.2
Price spread: +1.533% → 0.000%: $153.32
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $173.5
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: live order book, 10 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 10 min ago	0.06 bp	6.1 bp −$6	7.0 bp −$70	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SNDK-USDTlong	−0.0120%	8h	1,772.8	long leg	$3.9M	$4.4M	75x
Entropy io:SNDK	−0.0050%	1h	1,773.8	+0.058%	$4.8M	$19.7M	10x	as long as short
KuCoin SNDKUSDTM	−0.0045%	8h	1,772.5	−0.019%	$6.1M	$22.0M	20x	as long as short
Nado SNDK-PERP	−0.0030%	1h	1,771.4	−0.080%	$344K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,770.6	−0.124%	$1.4M	$12.0M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,774.1	+0.073%	$431K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,773.9	+0.064%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,771	−0.098%	$281.5M	$1.81B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,771.1	−0.096%	$32.1M	$101.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,771.1	−0.095%	$82.1M	$824.4M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,772.5	−0.018%	$137K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,771.1	−0.094%	$176.6M	$230.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,770.9	−0.104%	$44.3M	$162.3M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,774.1	+0.073%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,777.9	+0.287%	$20K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,777.5	+0.266%	$277K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,771.6	−0.066%	$14K	$286K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,770.1	−0.149%	$887	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,771.7	−0.063%	$51K	$346K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,770.8	−0.111%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,771.6	−0.066%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0008%	1h	1,775.5	+0.154%	$763	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,771.9	−0.051%	$1.7M	$15.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,771.3	−0.086%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,770.5	−0.126%	$435K	$1.9M	10x	as long as short
Injective SNDK/USDC PERPshort	+0.0033%	1h	1,800	+1.533%	$36	$9K	12x
Arcus SNDK-USD	+0.0040%	1h	1,772.6	−0.013%	$265K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,769.4	−0.193%	—	$580K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,771.3	−0.083%	$244K	$651K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,770.5	−0.130%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,770.9	−0.106%	$117.1M	$151.9M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,770.7	−0.117%	$186K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,771.5	−0.073%	$724K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,770.9	−0.106%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,770.9	−0.105%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,771	−0.102%	$197K	$288K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,776.8	+0.227%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,771.1	−0.094%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,771.7	−0.061%	$128K	$353K	20x	as long as short
edgeX SNDKUSDC	+0.0410%	4h	1,777	+0.240%	$564K	$351K	10x	as long as short