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+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against GRVT−0.197%53s7-day average −0.022% · you buy dearer than you sell
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−0.082%−$8 on $10k
Price spread, last 7 days+0.171%+$17 · spread now −0.197%, 7d avg −0.022%
Together, before fees+0.089%+ Points / potential airdropGRVT: Active · Ondo Perps: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.175% cheaper against GRVT than usual: you would sell low and buy high (spread −0.197% now, against its 7-day average of −0.022%). If the spread goes back, that is −$18 on $10k: about 12 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SNDK_USDT_Perp1,7850get 0.0000% / 8h3h 48m$17K$1.5M10x
ShortOndo Perps SNDK-USD.P1,781.50.0050get 0.0006% / 1h48m 44s$1.4M$5.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: −0.197% → −0.022%
−$17.52
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$20.94
Costs to cover
0.140%
Break-even
20.8 days
Slippage unknown: GRVT: live order book, 4 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 GRVT live order book, 4 min ago1.40 bp6.4 bp −$610.8 bp −$108doesn'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 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%8h1,780−0.282%$4.0M$4.4M75xas long as short
Entropy io:SNDK−0.0118%1h1,781.9−0.175%$4.9M$19.8M10xas long as short
Nado SNDK-PERP−0.0050%1h1,782.4−0.144%$348K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0037%8h1,781.3−0.207%$6.1M$22.1M20xas long as short
QFEX SNDK-USD−0.0019%1h1,781.1−0.222%$1.4M$12.5M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,785.5+0.029%$436K$2.3M10xas long as short
Aster SNDKUSD10.0000%8h1,781.5−0.198%$21.7M$34.1M20xas long as short
Binance SNDKUSDT0.0000%8h1,780.8−0.236%$283.9M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,781.4−0.204%$32.2M$101.1M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,781.8−0.180%$83.4M$824.3M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,782.4−0.148%$170K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,780.1−0.275%$179.5M$228.8M75xas long as short
Bitget SNDKUSDT0.0000%8h1,781.4−0.201%$43.7M$161.9M75xas long as short
Variational Omni SNDK0.0000%8h1,783.1−0.110%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perplong0.0000%8h1,785long leg$17K$1.5M10x
Phoenix SNDK0.0000%1h1,782.1−0.164%$278K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,781.1−0.220%$14K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,779.4−0.313%$1K$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,781.3−0.207%$51K$345K10xas long as short
HTX SNDK-USDT0.0000%8h1,780.2−0.272%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,780.3−0.263%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0005%1h1,784.7−0.021%$701$38K5xas long as short
Lighter SNDK+0.0032%1h1,781.6−0.193%$1.7M$15.6M20xas long as short
Lighter RH SNDK+0.0032%1h1,781−0.225%$1.4M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,781.5−0.198%$435K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.837%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,782−0.168%$277K$1.4M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,780.7−0.241%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,780.9−0.231%$245K$649K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,781.2−0.211%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,780.8−0.236%$117.8M$150.1M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,780.9−0.231%$187K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,780.8−0.236%$728K$514K10xas long as short
Ondo Perps SNDK-USD.Pshort+0.0050%1h1,781.5−0.197%$1.4M$5.1M5x
Aevo SNDK-PERP+0.0080%1h1,780.5−0.251%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,781.1−0.220%$198K$289K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,785−0.002%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,780.4−0.259%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0121%1h1,781.4−0.204%$130K$352K20xas long as short
edgeX SNDKUSDC+0.0187%4h1,784.5−0.030%$567K$352K10xas long as short