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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.019%
Price spread now: Popdex against OKX−0.034%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$190.186% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.074%+$7 on $10k
Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.034%, 7d avg +0.017%
Together, before fees+0.175%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Popdex is 0.051% cheaper against OKX than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.017%). If the spread goes back, that is −$5 on $10k: about 3.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SNDK-USDT-SWAP1,778.30get 0.0000% / 8h17m 50s$87.1M$845.8M75x
ShortPopdex SNDKUSDT1,777.70.0048get 0.0006% / 1h17m 50s$245K$670K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against OKX. 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
$10.08
Price spread: −0.034% → +0.017%
−$5.11
Slippage, 4 orders
−$2.16
Fee OKX: 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$13.59
Costs to cover
0.186%
Break-even
16.4 days
Slippage from OKX: live order book, 1 min ago; Popdex: live order book, 61 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 OKX live order book, 1 min ago0.28 bp5.3 bp −$56.1 bp −$6114.2 bp −$1,41849.0 bp −$24.5K
Sell Popdex live order book, 61 min ago0.56 bp3.8 bp −$47.8 bp −$78doesn'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%8h1,778.4+0.004%$4.1M$4.5M75xas long as short
Entropy io:SNDK−0.0071%1h1,777.6−0.039%$4.5M$20.4M10xas long as short
QFEX SNDK-USD−0.0004%1h1,777.9−0.022%$2.2M$21.7M10xas long as short
Aster SNDKUSD10.0000%8h1,778.6+0.017%$21.9M$46.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,778−0.016%$284.0M$1.89B75xas long as short
Bybit SNDKUSDT0.0000%8h1,778.1−0.011%$31.7M$105.6M100xas long as short
OKX SNDK-USDT-SWAPlong0.0000%8h1,778.3long leg$87.1M$845.8M75x
Gate SNDK_USDT0.0000%8h1,777.8−0.030%$183.8M$240.0M75xas long as short
Bitget SNDKUSDT0.0000%8h1,777.9−0.020%$47.9M$171.8M75xas long as short
Variational Omni SNDK0.0000%8h1,777.6−0.038%$2.6M$4.7Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp0.0000%8h1,777.8−0.028%$12K$1.0M10xas long as short
Phoenix SNDK0.0000%1h1,777.7−0.034%$277K$195K15xas long as short
Bullet SNDK-USD0.0000%1h1,778.1−0.011%$15K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,776.7−0.092%$853$3.9M20xas long as short
HTX SNDK-USDT0.0000%8h1,778.1−0.013%$1.5M$11.1M50xas long as short
Phemex SNDKUSDT0.0000%8h1,778.1−0.014%$2.8M$1.0M50xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,778.4+0.003%$803$37K5xas long as short
RISEx SNDK/USDC+0.0018%1h1,779.4+0.063%$175K$1.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,778.2−0.008%$1.3M$10.0M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,777.8−0.030%$412K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.218%$36$15K12xas long as short
Arcus SNDK-USD+0.0040%1h1,777.6−0.038%$286K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,777.7−0.034%$670K10xas long as short
Popdex SNDKUSDTshort+0.0048%1h1,777.7−0.034%$245K$670K20x
tradeXYZ xyz:SNDK+0.0050%1h1,777.7−0.034%$113.3M$151.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,777.6−0.039%$203K$124K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,778.2−0.008%$727K$538K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,778−0.018%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,778−0.017%$1.4M$4.9M5xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0076%1h1,778.5+0.011%$50K$303K10xas long as short
Aevo SNDK-PERP+0.0080%1h1,778.1−0.011%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0096%1h1,779+0.040%$441K$2.4M10xas long as short
Pacifica SNDK+0.0100%1h1,778−0.018%$212K$281K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,777.3−0.054%$6.0M$22.2M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,777.6−0.041%$68K$268K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,777.5−0.048%$8K$2K20xas long as short
Lighter SNDK+0.0128%1h1,779.2+0.049%$1.6M$16.4M20xas long as short
Nado SNDK-PERP+0.0169%1h1,778.1−0.013%$355K$1.4M10xas long as short
Kraken Futures PF_SNDKUSD+0.0455%1h1,778.8+0.029%$129K$406K20xas long as short
edgeX SNDKUSDC+0.0674%4h1,777.4−0.052%$565K$354K10xas long as short