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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bybit+0.085%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 7 days−0.065%−$6 · spread now +0.085%, 7d avg −0.007%
Together, before fees−0.085%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.092% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SNDKUSDT1,753−0.0041get 0.0041% / 8h7h 50m$31.5M$103.4M100x
ShortAster SNDKUSD11,754.50get 0.0000% / 8h7h 50m$21.4M$32.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$8.67
Price spread: +0.085% → −0.007%
$9.2
Slippage, 4 orders
−$11.27
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$12.4
Costs to cover
0.303%
Break-even
17.0 days
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 3 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 Bybit live order book, 3 min ago0.54 bp8.1 bp −$813.1 bp −$13138.6 bp −$3,860doesn't fit
Sell Aster live order book, 3 min ago1.91 bp7.5 bp −$712.0 bp −$120doesn'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
GRVT SNDK_USDT_Perp−0.0511%8h1,757.8+0.273%$21K$2.1M10xas long as short
HTX SNDK-USDT−0.0265%8h1,758+0.288%$1.4M$10.5M50xas long as short
Bitget SNDKUSDT−0.0241%8h1,753.9+0.049%$49.4M$166.3M75xas long as short
Entropy io:SNDK−0.0202%1h1,756.8+0.217%$4.6M$19.4M10xas long as short
BloFin SNDK-USDT−0.0120%8h1,757.6+0.263%$4.0M$4.6M75xas long as short
Nado SNDK-PERP−0.0081%1h1,752.1−0.051%$333K$1.5M10xas long as short
Bybit SNDKUSDTlong−0.0041%8h1,753long leg$31.5M$103.4M100x
KuCoin SNDKUSDTM−0.0015%8h1,756.1+0.178%$6.0M$22.5M20xas long as short
QFEX SNDK-USD−0.0002%1h1,752.4−0.036%$1.4M$9.7M10xas long as short
Aster SNDKUSD1short0.0000%8h1,754.5+0.085%$21.4M$32.7M20x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SNDKUSDT0.0000%8h1,754.6+0.095%$280.4M$1.85B75xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,751.5−0.085%$81.9M$821.8M75xas long as short
RISEx SNDK/USDC0.0000%1h1,755.2+0.126%$136K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,754.1+0.062%$178.2M$216.7M75xas long as short
Variational Omni SNDK0.0000%8h1,758.7+0.328%$2.5M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,753.5+0.029%$273K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,757.9+0.280%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,758.8+0.329%$607$3.4M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,758.3+0.300%$51K$359K10xas long as short
Phemex SNDKUSDT0.0000%8h1,757.7+0.268%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0013%1h1,755.5+0.140%$570K10xas long as short
Aftermath Perps SNDKUSD+0.0016%1h1,758.1+0.294%$672$38K5xas long as short
Lighter SNDK+0.0032%1h1,755.8+0.160%$1.7M$16.3M20xas long as short
Lighter RH SNDK+0.0032%1h1,755.8+0.160%$1.2M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,755.7+0.154%$452K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.679%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,752.3−0.041%$255K$1.5M10xas long as short
Paradex SNDK-USD-PERP+0.0046%8h1,755.3+0.133%5xas long as short
Popdex SNDKUSDT+0.0048%1h1,752.3−0.039%$241K$628K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,756.1+0.177%$119.6M$156.9M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,758.2+0.297%$185K$127K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,757.2+0.241%$719K$521K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,752−0.056%$1.3M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,758+0.285%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,755.7+0.152%$197K$307K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,758.9+0.337%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,758.2+0.297%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,758.5+0.315%$428K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0284%1h1,758.6+0.319%$128K$347K20xas long as short
edgeX SNDKUSDC+0.0620%4h1,755.5+0.145%$558K$350K10xas long as short