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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: GRVT against Deribit−0.107%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$420.423% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.088%+$9 on $10k
Price spread, last 4 days (all we have)+0.155%+$15 · spread now −0.107%, 7d avg −0.007%
Together, before fees+0.243%+ Points / potential airdropGRVT: Active · farm board+$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.100% cheaper against Deribit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SNDK_USDC-PERPETUAL1,760.20get 0.0000% / 1h58m 28s$51K$358K10x
ShortGRVT SNDK_USDT_Perp1,758.30get 0.0000% / 8h6h 58m$23K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: −0.107% → −0.007%
−$10
Slippage, 4 orders
−$26.31
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$52.31
Costs to cover
0.423%
Break-even
never at this rate
Slippage from Deribit: live order book, 35 min ago; GRVT: live order book, 10 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, 35 min ago9.01 bp16.2 bp −$1620.5 bp −$205doesn't fitdoesn't fit
Sell GRVT live order book, 10 min ago0.77 bp5.9 bp −$68.1 bp −$81doesn'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 SNDKUSDT−0.0129%8h1,760.1−0.004%$49.7M$168.3M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,759.8−0.023%$3.9M$4.6M75xas long as short
Aster SNDKUSD10.0000%8h1,760.5+0.020%$21.4M$32.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,759.7−0.030%$279.2M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,759.9−0.015%$32.1M$105.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,759.8−0.022%$82.1M$828.1M75xas long as short
RISEx SNDK/USDC0.0000%1h1,760.8+0.037%$136K$1.5M20xas long as short
Gate SNDK_USDT0.0000%8h1,760−0.013%$180.9M$215.9M75xas long as short
Variational Omni SNDK0.0000%8h1,758.2−0.115%$2.6M$4.8Mas long as short
GRVT SNDK_USDT_Perpshort0.0000%8h1,758.3−0.107%$23K$2.3M10x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SNDK0.0000%1h1,757.5−0.153%$274K$189K15xas long as short
Bullet SNDK-USD0.0000%1h1,760.4+0.012%$13K$292K10xas long as short
SunX SNDK-USDT0.0000%8h1,759.7−0.031%$811$3.2M20xas long as short
Deribit SNDK_USDC-PERPETUALlong0.0000%1h1,760.2long leg$51K$358K10x
HTX SNDK-USDT0.0000%8h1,758.5−0.095%$1.4M$9.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,760.1−0.005%$2.8M$1.1M50xas long as short
QFEX SNDK-USD0.0000%1h1,759.9−0.019%$1.4M$9.4M10xas long as short
Aftermath Perps SNDKUSD+0.0015%1h1,759.2−0.057%$673$38K5xas long as short
KuCoin SNDKUSDTM+0.0023%8h1,759.1−0.060%$6.0M$22.6M20xas long as short
Entropy io:SNDK+0.0028%1h1,759.3−0.051%$4.5M$19.5M10xas long as short
Lighter RH SNDK+0.0032%1h1,760.1−0.005%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,759−0.068%$390K$2.2M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.259%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,759.3−0.049%$270K$1.4M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,760.6+0.020%$571K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,760.5+0.018%$242K$666K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,760.2+0.001%$119.4M$159.4M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,760−0.011%$186K$130K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,759.8−0.025%$720K$515K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,760.5+0.018%$1.4M$5.4M5xas long as short
Paradex SNDK-USD-PERP+0.0052%8h1,759.4−0.047%5xas long as short
Nado SNDK-PERP+0.0078%1h1,759.9−0.017%$336K$1.5M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,759.7−0.030%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,759.6−0.034%$197K$307K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,757.4−0.161%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,759.2−0.059%$8K$3K20xas long as short
Lighter SNDK+0.0112%1h1,760.5+0.015%$1.7M$16.5M20xas long as short
Coinbase International SNDK-PERP-INTX+0.0136%1h1,758.7−0.084%$440K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0553%1h1,760.5+0.019%$128K$334K20xas long as short
edgeX SNDKUSDC+0.0598%4h1,759.1−0.061%$559K$350K10xas long as short