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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0053%/8h= −5.8% APRnext payment $0.07 per $10,000 · paid last 24h −0.018%
Price spread now: QFEX against Ondo Perps−0.142%7-day average −0.025% · 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 4 days (all we have)−0.038%−$4 on $10k
Price spread, last 7 days+0.539%+$54 · spread now −0.142%, 7d avg −0.025%
Together, before fees+0.501%+ Points / potential airdropOndo Perps: Active · farm board+$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.117% cheaper against Ondo Perps than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.025%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SNDK-USD.P1,755.50.0050pay 0.0006% / 1h41m 20s$1.3M$5.2M5x
ShortQFEX SNDK-USD1,753−0.0002pay 0.0000% / 1h41m 20s$1.4M$9.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Ondo Perps. 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
−$11.04
Price spread: −0.142% → −0.025%
−$11.7
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$37.74
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 8 min ago. 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 Ondo Perps no order-book sample
Sell QFEX live order book, 8 min ago0.63 bp6.5 bp −$76.5 bp −$6510.5 bp −$1,054doesn't fit
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
GRVT SNDK_USDT_Perp−0.0660%8h1,755.1−0.022%$21K$2.2M10xas long as short
HTX SNDK-USDT−0.0615%8h1,752.3−0.185%$1.4M$10.5M50xas long as short
Bitget SNDKUSDT−0.0245%8h1,753.1−0.138%$49.4M$166.5M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,752.3−0.183%$3.9M$4.5M75xas long as short
Nado SNDK-PERP−0.0080%1h1,754.4−0.060%$334K$1.5M10xas long as short
Entropy io:SNDK−0.0044%1h1,754.5−0.057%$4.6M$19.6M10xas long as short
KuCoin SNDKUSDTM−0.0037%8h1,754.8−0.042%$6.0M$22.6M20xas long as short
QFEX SNDK-USDshort−0.0002%1h1,753−0.142%$1.4M$9.6M10x
Aster SNDKUSD10.0000%8h1,753.4−0.120%$21.4M$32.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,752.7−0.159%$280.2M$1.85B75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SNDKUSDT0.0000%8h1,753.5−0.115%$31.4M$103.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,753.1−0.137%$82.4M$821.9M75xas long as short
RISEx SNDK/USDC0.0000%1h1,754.6−0.051%$136K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,753.2−0.132%$178.8M$217.4M75xas long as short
Variational Omni SNDK0.0000%8h1,755.1−0.025%$2.5M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,754.5−0.057%$273K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,753−0.140%$14K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,753.5−0.112%$903$3.3M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,753.2−0.130%$50K$359K10xas long as short
Phemex SNDKUSDT0.0000%8h1,752.2−0.187%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0009%1h1,750.6−0.281%$570K10xas long as short
Aftermath Perps SNDKUSD+0.0011%1h1,754.8−0.040%$704$38K5xas long as short
Lighter SNDK+0.0032%1h1,753.2−0.131%$1.7M$16.4M20xas long as short
Lighter RH SNDK+0.0032%1h1,752.7−0.159%$1.2M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,753.8−0.095%$452K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.533%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,752.4−0.178%$255K$1.4M10xas long as short
Paradex SNDK-USD-PERP+0.0046%8h1,753.1−0.136%5xas long as short
Popdex SNDKUSDT+0.0048%1h1,753.5−0.114%$241K$630K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,752.9−0.148%$119.3M$157.3M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,753.4−0.120%$184K$127K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,752.9−0.148%$717K$521K10xas long as short
Ondo Perps SNDK-USD.Plong+0.0050%1h1,755.5long leg$1.3M$5.2M5x
Aevo SNDK-PERP+0.0080%1h1,752.8−0.155%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,753.7−0.105%$197K$310K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,758.6+0.178%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,752.9−0.146%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,753.4−0.122%$425K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0285%1h1,753.1−0.135%$128K$344K20xas long as short
edgeX SNDKUSDC+0.0749%4h1,756.5+0.058%$558K$352K10xas long as short