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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.061%
Price spread now: Pacifica against BloFin+0.028%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.028%, 7d avg −0.012%
Together, before fees−0.040%+ Points / potential airdropPacifica: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Pacifica is 0.040% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.066% in total (about -3.4% 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
LongBloFin SNDK-USDT1,788.7−0.0120get 0.0120% / 8h4h 24m$4.0M$4.4M75x
ShortPacifica SNDK1,789.20.0100get 0.0013% / 1h24m 25s$199K$287K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
$46.2
Price spread: +0.028% → −0.012%
$4.03
Slippage, 4 orders
−$6.21
Fee BloFin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$24.02
Costs to cover
0.262%
Break-even
3.4 days
Slippage from BloFin: live order book, 9 min ago; Pacifica: live order book, 34 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 BloFin live order book, 9 min ago0.47 bp6.6 bp −$76.9 bp −$69doesn't fitdoesn't fit
Sell Pacifica live order book, 34 min ago0.28 bp5.8 bp −$6doesn'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-USDTlong−0.0120%8h1,788.7long leg$4.0M$4.4M75x
Entropy io:SNDK−0.0093%1h1,789+0.015%$4.9M$19.9M10xas long as short
Phoenix SNDK−0.0089%1h1,789.9+0.065%$279K$193K15xas long as short
Nado SNDK-PERP−0.0081%1h1,789.8+0.058%$311K$1.5M10xas long as short
QFEX SNDK-USD−0.0033%1h1,788.70.000%$1.4M$13.4M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0032%1h1,785.7−0.170%$439K$2.3M10xas long as short
KuCoin SNDKUSDTM−0.0003%8h1,788.2−0.031%$6.1M$22.4M20xas long as short
Aster SNDKUSD10.0000%8h1,789.4+0.034%$21.8M$36.7M20xas long as short
Binance SNDKUSDT0.0000%8h1,789+0.017%$287.0M$1.79B75xas long as short
Bybit SNDKUSDT0.0000%8h1,789.5+0.044%$32.5M$100.1M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,788.9+0.009%$84.5M$826.1M75xas long as short
RISEx SNDK/USDC0.0000%1h1,790.2+0.079%$170K$1.7M20xas long as short
Gate SNDK_USDT0.0000%8h1,789.1+0.022%$180.3M$230.9M75xas long as short
Bitget SNDKUSDT0.0000%8h1,788.9+0.008%$43.9M$161.6M75xas long as short
Variational Omni SNDK0.0000%8h1,788.3−0.027%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,789.5+0.041%$16K$1.4M10xas long as short
Bullet SNDK-USD0.0000%1h1,789+0.013%$15K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,787.7−0.060%$692$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,789+0.016%$51K$344K10xas long as short
HTX SNDK-USDT0.0000%8h1,788.2−0.032%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,788.6−0.008%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0003%1h1,789.4+0.035%$666$37K5xas long as short
Lighter SNDK+0.0032%1h1,790.2+0.083%$1.7M$15.7M20xas long as short
Lighter RH SNDK+0.0032%1h1,789.8+0.058%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,789.3+0.032%$490K$1.8M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.627%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,787.8−0.051%$278K$1.4M10xas long as short
Kraken Futures PF_SNDKUSD+0.0044%1h1,789.3+0.029%$130K$352K20xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,788.9+0.007%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,789.1+0.020%$247K$647K20xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,789+0.015%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,789.2+0.026%$115.2M$146.6M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,788.8+0.003%$188K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,788.7−0.005%$731K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,789.2+0.026%$1.4M$5.0M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,788.8+0.002%$1K10xas long as short
Pacifica SNDKshort+0.0100%1h1,789.2+0.028%$199K$287K10x
ApeX Omni SNDKUSDT+0.0100%1h1,790+0.068%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,788.3−0.024%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0997%4h1,788.9+0.012%$568K$351K10xas long as short