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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.030%
Price spread now: Ondo Perps against Entropy+0.006%7-day average +0.049% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 7 days−0.332%−$33 · spread now +0.006%, 7d avg +0.049%
Together, before fees−0.305%+ Points / potential airdropOndo Perps: Active · farm board−$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.043% cheaper against Entropy than usual: you would sell low and buy high (spread +0.006% now, against its 7-day average of +0.049%). If the spread goes back, that is −$4 on $10k: about 4.4 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.028% in total) that is about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:SNDK1,7850.0017pay 0.0002% / 1h54m 54s$4.9M$20.5M10x
ShortOndo Perps SNDK-USD.P1,785.10.0050get 0.0006% / 1h54m 54s$1.4M$5.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Entropy. 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
$6.97
Price spread: +0.006% → +0.049%
−$4.34
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$20.37
Costs to cover
0.230%
Break-even
27.5 days
Slippage unknown: Entropy: live order book, 2 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Entropy live order book, 2 min ago0.28 bp9.8 bp −$1013.0 bp −$130doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SNDK on 39 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
Deribit SNDK_USDC-PERPETUAL−0.0064%1h1,785.4+0.024%$51K$332K10xas long as short
Phoenix SNDK−0.0045%1h1,784.5−0.028%$278K$193K15xas long as short
QFEX SNDK-USD−0.0023%1h1,785.3+0.014%$1.6M$15.3M10xas long as short
Nado SNDK-PERP0.0000%1h1,786.4+0.079%$359K$1.4M10xas long as short
Aster SNDKUSD10.0000%8h1,785.8+0.045%$21.8M$37.2M20xas long as short
Binance SNDKUSDT0.0000%8h1,785.7+0.038%$285.8M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,786.2+0.068%$32.1M$99.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,786+0.056%$85.4M$822.1M75xas long as short
RISEx SNDK/USDC0.0000%1h1,786.5+0.082%$170K$1.8M20xas long as short
Gate SNDK_USDT0.0000%8h1,785.8+0.043%$180.2M$230.4M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT0.0000%8h1,785.5+0.029%$43.8M$163.5M75xas long as short
Variational Omni SNDK0.0000%8h1,784.7−0.016%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,785.3+0.018%$11K$1.2M10xas long as short
Bullet SNDK-USD0.0000%1h1,785.5+0.029%$15K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,784.7−0.016%$873$3.6M20xas long as short
HTX SNDK-USDT0.0000%8h1,784.8−0.009%$1.4M$10.4M50xas long as short
Phemex SNDKUSDT0.0000%8h1,785.6+0.034%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0003%1h1,785.3+0.015%$664$37K5xas long as short
Entropy io:SNDKlong+0.0017%1h1,785long leg$4.9M$20.5M10x
Coinbase International SNDK-PERP-INTX+0.0024%1h1,782.5−0.143%$435K$2.3M10xas long as short
Lighter SNDK+0.0032%1h1,786.9+0.104%$1.7M$16.0M20xas long as short
Lighter RH SNDK+0.0032%1h1,786.3+0.071%$1.4M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,785.9+0.051%$477K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.838%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,783.8−0.068%$311K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,784.8−0.010%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,785.5+0.028%$246K$644K20xas long as short
Paradex SNDK-USD-PERP+0.0048%8h1,785.6+0.036%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,785.6+0.034%$114.5M$146.0M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,785.3+0.017%$187K$134K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,785.3+0.019%$730K$515K10xas long as short
Ondo Perps SNDK-USD.Pshort+0.0050%1h1,785.1+0.006%$1.4M$5.0M5x
Kraken Futures PF_SNDKUSD+0.0058%1h1,786.1+0.059%$130K$352K20xas long as short
Aevo SNDK-PERP+0.0080%1h1,785+0.002%$1K10xas long as short
Pacifica SNDK+0.0094%1h1,785.6+0.031%$199K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,785+0.001%$6.1M$21.6M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,785.8+0.047%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,784.7−0.017%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0338%4h1,784.7−0.018%$567K$351K10xas long as short