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+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.044%
Price spread now: ApeX Omni against Deribit+0.180%74s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$540.545% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.167%+$17 on $10k
Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.180%, 7d avg +0.025%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.155% dearer against Deribit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.025%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SNDK_USDC-PERPETUAL1,773.60get 0.0000% / 1h22m 10s$51K$346K10x
ShortApeX Omni SNDKUSDT1,776.80.0100get 0.0013% / 1h22m 10s$68K$271K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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: +0.180% → +0.025%
$15.52
Slippage, 4 orders
−$37.49
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$17.97
Costs to cover
0.545%
Break-even
13.0 days
Slippage from Deribit: live order book, 31 min ago; ApeX Omni: live order book, 30 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 Deribit live order book, 31 min ago10.73 bp14.3 bp −$1418.5 bp −$185doesn't fitdoesn't fit
Sell ApeX Omni live order book, 30 min ago7.74 bp12.8 bp −$1335.1 bp −$351doesn'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%8h1,770.2−0.195%$3.9M$4.4M75xas long as short
Entropy io:SNDK−0.0065%1h1,773.1−0.028%$4.8M$19.8M10xas long as short
KuCoin SNDKUSDTM−0.0048%8h1,773.1−0.030%$6.1M$22.0M20xas long as short
Nado SNDK-PERP−0.0026%1h1,771.2−0.133%$347K$1.5M10xas long as short
QFEX SNDK-USD−0.0019%1h1,769.7−0.222%$1.4M$12.0M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,771.7−0.105%$434K$2.3M10xas long as short
Aster SNDKUSD10.0000%8h1,774+0.025%$21.6M$32.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,773.1−0.031%$281.8M$1.82B75xas long as short
Bybit SNDKUSDT0.0000%8h1,773.1−0.029%$32.1M$102.1M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,772.9−0.039%$82.1M$826.8M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,771.6−0.114%$136K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,772.5−0.061%$176.7M$230.6M75xas long as short
Bitget SNDKUSDT0.0000%8h1,773.1−0.028%$44.3M$162.6M75xas long as short
Variational Omni SNDK0.0000%8h1,774.1+0.026%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,771.2−0.134%$11K$1.6M10xas long as short
Phoenix SNDK0.0000%1h1,771.7−0.107%$276K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,772.6−0.056%$14K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,772−0.089%$684$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUALlong0.0000%1h1,773.6long leg$51K$346K10x
HTX SNDK-USDT0.0000%8h1,772−0.092%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,773.1−0.026%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0008%1h1,773.8+0.013%$763$38K5xas long as short
Lighter SNDK+0.0032%1h1,774.1+0.025%$1.7M$15.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,773.3−0.016%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,772.3−0.072%$436K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.486%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,771.6−0.115%$264K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,768.8−0.269%$579K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,770.5−0.175%$244K$653K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,769.5−0.233%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,772.6−0.056%$117.3M$152.0M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,771.1−0.141%$186K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,770.9−0.153%$724K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,770.4−0.180%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,772.8−0.045%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,770.3−0.187%$197K$288K10xas long as short
ApeX Omni SNDKUSDTshort+0.0100%1h1,776.8+0.180%$68K$271K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,772.2−0.078%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,772.8−0.045%$128K$353K20xas long as short
edgeX SNDKUSDC+0.0410%4h1,777+0.193%$564K$351K10xas long as short