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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0401%/8h= +43.9% APRpaid last 24h +0.069%
Price spread now: Kraken Futures against GRVT−0.056%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs+$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.683%+$68 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.056%, 7d avg +0.014%
Together, before fees+0.669%+ Points / potential airdropGRVT: Active · farm board+$67 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.070% cheaper against GRVT than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.014%). If the spread goes back, that is −$7 on $10k: about 14 hours of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SNDK_USDT_Perp1,763.40get 0.0000% / 8h1h 54m$14K$1.9M10x
ShortKraken Futures PF_SNDKUSD1,762.40.0401get 0.0050% / 1h54m 26s$127K$347K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against GRVT. 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
$84.13
Price spread: −0.056% → +0.014%
−$7.01
Slippage, 4 orders
−$23.76
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$34.36
Costs to cover
0.428%
Break-even
4.1 days
Slippage from GRVT: live order book, 4 min ago; Kraken Futures: live order book, 53 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 GRVT live order book, 4 min ago0.31 bp6.1 bp −$67.3 bp −$73doesn't fitdoesn't fit
Sell Kraken Futures live order book, 53 min ago2.83 bp18.0 bp −$1844.4 bp −$444doesn'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−0.0229%8h1,761.1−0.130%$47.2M$165.4M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,762.1−0.072%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0018%8h1,760.1−0.183%$6.0M$22.2M20xas long as short
QFEX SNDK-USD−0.0008%1h1,759.3−0.229%$1.3M$10.5M10xas long as short
Aster SNDKUSD10.0000%8h1,762.1−0.074%$21.5M$33.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,761.1−0.128%$279.7M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,761.3−0.119%$31.7M$103.5M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,761.2−0.122%$82.0M$833.1M75xas long as short
RISEx SNDK/USDC0.0000%1h1,760.9−0.140%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,760.8−0.148%$176.6M$230.0M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,761.3−0.116%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perplong0.0000%8h1,763.4long leg$14K$1.9M10x
Phoenix SNDK0.0000%1h1,766.7+0.190%$275K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,760.7−0.151%$14K$286K10xas long as short
SunX SNDK-USDT0.0000%8h1,759.7−0.207%$1K$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,761.2−0.120%$51K$350K10xas long as short
HTX SNDK-USDT0.0000%8h1,761−0.133%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,762−0.076%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,764.1+0.045%$656$38K5xas long as short
Vest SNDK-USD-PERP+0.0017%1h1,758.1−0.297%$581K10xas long as short
Lighter RH SNDK+0.0032%1h1,760.2−0.180%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,759.3−0.229%$488K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.076%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,762.1−0.074%$256K$1.5M10xas long as short
Nado SNDK-PERP+0.0045%1h1,760.7−0.152%$328K$1.5M10xas long as short
Lighter SNDK+0.0048%1h1,761.1−0.130%$1.8M$16.2M20xas long as short
Popdex SNDKUSDT+0.0048%1h1,760−0.190%$242K$675K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,760.4−0.168%$118.5M$158.4M10xas long as short
Entropy io:SNDK+0.0050%1h1,762.4−0.054%$4.7M$19.7M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,759.6−0.213%$184K$131K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,761.9−0.085%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,759.9−0.195%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,760.5−0.162%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,760.6−0.155%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,760.2−0.179%$196K$303K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,763.9+0.032%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,760.7−0.149%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,766.2+0.162%$432K$2.3M10xas long as short
Kraken Futures PF_SNDKUSDshort+0.0401%1h1,762.4−0.056%$127K$347K20x
edgeX SNDKUSDC+0.0883%4h1,766+0.148%$561K$351K10xas long as short