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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0410%/8h= −44.9% APRpaid last 24h −0.010%
Price spread now: Bitget against Coinbase International−0.021%47s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.057%+$6 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now −0.021%, 7d avg −0.021%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.057%, so the current rate has only just turned against you. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.057% in total (about 3.0% 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
LongCoinbase International SNDK-PERP-INTX1,763.30.0072pay 0.0009% / 1h14m 26s$435K$2.3M10x
ShortBitget SNDKUSDT1,762.9−0.0338pay 0.0338% / 8h2h 14m$46.3M$164.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Coinbase International. 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
−$86.1
Price spread: −0.021% → −0.021%
−$0.01
Slippage, 4 orders
−$10.73
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$118.85
Costs to cover
0.327%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Bitget: live order book, 5 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 Coinbase International live order book, 4 min ago1.13 bp10.9 bp −$1115.0 bp −$15036.3 bp −$3,630doesn't fit
Sell Bitget live order book, 5 min ago0.31 bp7.4 bp −$712.4 bp −$124doesn'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
Bitget SNDKUSDTshort−0.0338%8h1,762.9−0.021%$46.3M$164.1M75x
BloFin SNDK-USDT−0.0120%8h1,761.1−0.125%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0035%8h1,761.5−0.099%$6.0M$22.1M20xas long as short
QFEX SNDK-USD−0.0004%1h1,762.6−0.039%$1.4M$10.6M10xas long as short
Aster SNDKUSD10.0000%8h1,763.2−0.003%$21.5M$33.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,763.2−0.007%$280.0M$1.84B75xas long as short
Bybit SNDKUSDT0.0000%8h1,763.3−0.001%$31.8M$103.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,763.4+0.007%$81.9M$829.7M75xas long as short
RISEx SNDK/USDC0.0000%1h1,763.5+0.012%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,762.6−0.041%$176.0M$231.4M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,759.7−0.202%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,763.2−0.003%$13K$1.8M10xas long as short
Phoenix SNDK0.0000%1h1,761−0.129%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,760.4−0.163%$14K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,760.2−0.173%$868$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,760.3−0.170%$51K$347K10xas long as short
HTX SNDK-USDT0.0000%8h1,760.2−0.178%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,761−0.132%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0006%1h1,762.2−0.060%$327K$1.5M10xas long as short
edgeX SNDKUSDC+0.0007%4h1,762.9−0.024%$560K$353K10xas long as short
Vest SNDK-USD-PERP+0.0008%1h1,760.2−0.178%$581K10xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,761.2−0.117%$655$37K5xas long as short
Pacifica SNDK+0.0024%1h1,762.3−0.056%$196K$303K10xas long as short
Entropy io:SNDK+0.0027%1h1,761.4−0.107%$4.7M$19.8M10xas long as short
Lighter RH SNDK+0.0032%1h1,761.9−0.077%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,762.4−0.052%$429K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.080%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,760.3−0.171%$262K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,763.3+0.001%$243K$665K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,763.1−0.010%$118.7M$157.7M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,762.4−0.050%$184K$131K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,761−0.132%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,762.1−0.070%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,762.4−0.050%$1.3M$5.1M5xas long as short
Coinbase International SNDK-PERP-INTXlong+0.0072%1h1,763.3long leg$435K$2.3M10x
Lighter SNDK+0.0080%1h1,762.6−0.038%$1.7M$16.3M20xas long as short
Aevo SNDK-PERP+0.0080%1h1,760.1−0.182%$1K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,761.2−0.117%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,760−0.185%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,760.5−0.155%$127K$347K20xas long as short