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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.022%
Price spread now: KuCoin against Bybit−0.049%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$450.450% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$4 on $10k
Price spread, last 7 days+0.003%$0 · spread now −0.049%, 7d avg −0.037%
Together, before fees+0.048%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SNDKUSDT1,779.20get 0.0000% / 8h44m 38s$31.9M$105.5M100x
ShortKuCoin SNDKUSDTM1,778.30.0100get 0.0100% / 8h44m 38s$6.0M$22.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.049% → −0.037%
−$1.17
Slippage, 4 orders
−$21.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$25.13
Costs to cover
0.450%
Break-even
15.4 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 4 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, 4 min ago0.81 bp7.2 bp −$710.7 bp −$10733.2 bp −$3,320doesn't fit
Sell KuCoin live order book, 4 min ago0.28 bp14.9 bp −$1547.2 bp −$472doesn'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%8h1,778.6−0.035%$4.1M$4.5M75xas long as short
Entropy io:SNDK−0.0045%1h1,778.1−0.061%$4.5M$20.5M10xas long as short
QFEX SNDK-USD−0.0004%1h1,778.4−0.046%$2.2M$21.8M10xas long as short
Aster SNDKUSD10.0000%8h1,779.1−0.004%$22.0M$46.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,778.8−0.023%$284.5M$1.88B75xas long as short
Bybit SNDKUSDTlong0.0000%8h1,779.2long leg$31.9M$105.5M100x
OKX SNDK-USDT-SWAP0.0000%8h1,779−0.011%$87.4M$844.9M75xas long as short
Gate SNDK_USDT0.0000%8h1,778.7−0.026%$184.2M$239.3M75xas long as short
Bitget SNDKUSDT0.0000%8h1,778.8−0.022%$49.6M$170.7M75xas long as short
Variational Omni SNDK0.0000%8h1,779.1−0.005%$2.6M$4.7Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp0.0000%8h1,779.2+0.002%$15K$1.0M10xas long as short
Phoenix SNDK0.0000%1h1,778.7−0.028%$277K$195K15xas long as short
Bullet SNDK-USD0.0000%1h1,779.1−0.005%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,778.1−0.064%$864$3.9M20xas long as short
HTX SNDK-USDT0.0000%8h1,778.9−0.017%$1.5M$11.1M50xas long as short
Phemex SNDKUSDT0.0000%8h1,778.6−0.033%$2.8M$1.0M50xas long as short
Aftermath Perps SNDKUSD+0.0012%1h1,778.8−0.021%$731$37K5xas long as short
RISEx SNDK/USDC+0.0018%1h1,779.9+0.038%$175K$1.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,778.8−0.022%$1.3M$9.9M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,778.5−0.040%$412K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.167%$36$15K12xas long as short
Arcus SNDK-USD+0.0040%1h1,778.6−0.036%$285K$1.7M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,778.8−0.021%$670K10xas long as short
edgeX SNDKUSDC+0.0048%4h1,778.5−0.037%$565K$355K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,779−0.011%$245K$670K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,778.6−0.033%$113.3M$151.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,778.9−0.016%$197K$89K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,778.6−0.031%$727K$538K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,778.7−0.027%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,779.1−0.005%$1.4M$4.9M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,778.7−0.026%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0096%1h1,779.4+0.012%$442K$2.4M10xas long as short
Pacifica SNDK+0.0100%1h1,778.6−0.034%$212K$283K10xas long as short
KuCoin SNDKUSDTMshort+0.0100%8h1,778.3−0.049%$6.0M$22.2M20x
ApeX Omni SNDKUSDT+0.0100%1h1,779.6+0.024%$68K$268K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,778.5−0.040%$8K$2K20xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0172%1h1,779.5+0.019%$50K$277K10xas long as short
Lighter SNDK+0.0176%1h1,779.5+0.015%$1.6M$16.2M20xas long as short
Nado SNDK-PERP+0.0200%1h1,778.9−0.015%$387K$1.4M10xas long as short
Kraken Futures PF_SNDKUSD+0.0455%1h1,779.7+0.031%$129K$407K20xas long as short