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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0368%/8h= +40.3% APRnext payment +$0.46 per $10,000 · paid last 24h +0.056%
Price spread now: Kraken Futures against Bullet+0.018%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$520.516% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.283%+$28 on $10k
Price spread, last 3 days (all we have)−0.068%−$7 · spread now +0.018%, 7d avg +0.002%
Together, before fees+0.214%+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SNDK-USD1,783.30.0294pay 0.0037% / 1h52m 13s$14K$290K10x
ShortKraken Futures PF_SNDKUSD1,783.60.0662get 0.0083% / 1h52m 13s$130K$399K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bullet. 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
$77.23
Price spread: +0.018% → +0.002%
$1.64
Slippage, 4 orders
−$33.59
Fee Bullet: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$27.27
Costs to cover
0.516%
Break-even
4.5 days
Slippage from Bullet: live order book, 22 min ago; Kraken Futures: live order book, 21 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 Bullet live order book, 22 min ago0.28 bp6.1 bp −$620.6 bp −$206doesn't fitdoesn't fit
Sell Kraken Futures live order book, 21 min ago2.25 bp14.3 bp −$1434.0 bp −$340doesn'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%8h1,783.3−0.001%$4.1M$4.5M75xas long as short
Aster SNDKUSD10.0000%8h1,783.3+0.001%$21.9M$46.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,783.1−0.013%$285.6M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,784+0.040%$32.2M$100.8M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,783.5+0.011%$86.6M$835.9M75xas long as short
Gate SNDK_USDT0.0000%8h1,783.2−0.003%$182.7M$232.5M75xas long as short
Bitget SNDKUSDT0.0000%8h1,783.3+0.002%$48.2M$168.9M75xas long as short
Variational Omni SNDK0.0000%8h1,779.6−0.210%$2.6M$4.6Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,780.1−0.177%$19K$1.1M10xas long as short
Phoenix SNDK0.0000%1h1,777.9−0.303%$277K$195K15xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SNDK-USDT0.0000%8h1,782.3−0.058%$683$3.9M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,783.3+0.001%$50K$310K10xas long as short
HTX SNDK-USDT0.0000%8h1,783−0.020%$1.5M$11.0M50xas long as short
Phemex SNDKUSDT0.0000%8h1,783.1−0.011%$2.8M$1.0M50xas long as short
QFEX SNDK-USD+0.0001%1h1,783.8+0.025%$2.2M$20.9M10xas long as short
RISEx SNDK/USDC+0.0004%1h1,783.8+0.029%$174K$1.8M20xas long as short
Aftermath Perps SNDKUSD+0.0012%1h1,780−0.186%$788$37K5xas long as short
Lighter RH SNDK+0.0032%1h1,783.8+0.026%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,783.7+0.021%$419K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.934%$36$9K12xas long as short
Lighter SNDK+0.0040%1h1,784+0.041%$1.6M$16.0M20xas long as short
Arcus SNDK-USD+0.0040%1h1,780−0.186%$285K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,783.3−0.001%$675K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,783.4+0.006%$246K$656K20xas long as short
Nado SNDK-PERP+0.0049%1h1,784.2+0.049%$354K$1.4M10xas long as short
Entropy io:SNDK+0.0050%1h1,780.7−0.146%$4.7M$19.9M10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,783.8+0.026%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,781.7−0.090%$1.4M$4.8M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,783.2−0.004%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,782.8−0.028%$212K$279K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,782.9−0.024%$6.1M$22.0M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,779.8−0.195%$68K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,782.6−0.041%$8K$3K20xas long as short
Polymarket Perps SNDK-USD+0.0108%1h1,783.8+0.028%$186K$139K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0128%1h1,784.3+0.053%$442K$2.4M10xas long as short
Bullet SNDK-USDlong+0.0294%1h1,783.3long leg$14K$290K10x
edgeX SNDKUSDC+0.0314%4h1,778.1−0.290%$565K$353K10xas long as short
tradeXYZ xyz:SNDK+0.0338%1h1,783.8+0.028%$114.6M$149.8M10xas long as short
SoDEX SNDK-USD+0.0456%1h1,782.9−0.025%$729K$527K10xas long as short
Kraken Futures PF_SNDKUSDshort+0.0662%1h1,783.6+0.018%$130K$399K20x