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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: GRVT against Orderly−0.116%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.116% cheaper against Orderly than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SNDK_USDC_mythos1,758.60.0100pay 0.0100% / 8h2h 31m$8K$3K20x
ShortGRVT SNDK_USDT_Perp1,756.50get 0.0000% / 8h2h 31m$15K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Orderly. 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
−$21
Price spread: −0.116% → 0.000%
−$11.6
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$47.6
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 2 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 Orderly no order-book sample
Sell GRVT live order book, 2 min ago1.37 bp6.2 bp −$68.8 bp −$88doesn't fitdoesn't fit
Orderly: 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
Bitget SNDKUSDT−0.0216%8h1,759.9+0.076%$44.4M$161.9M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,759.5+0.053%$4.0M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0047%8h1,759.3+0.044%$6.0M$22.1M20xas long as short
Entropy io:SNDK−0.0022%1h1,758.7+0.009%$4.7M$19.8M10xas long as short
Nado SNDK-PERP−0.0007%1h1,758.3−0.013%$333K$1.5M10xas long as short
QFEX SNDK-USD−0.0004%1h1,758.6+0.003%$1.4M$10.8M10xas long as short
Aster SNDKUSD10.0000%8h1,760.2+0.094%$21.5M$33.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,759.3+0.043%$279.5M$1.84B75xas long as short
Bybit SNDKUSDT0.0000%8h1,759.7+0.066%$31.6M$103.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,759.7+0.065%$81.7M$826.7M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,759.6+0.062%$120K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,759.4+0.051%$175.6M$230.2M75xas long as short
Variational Omni SNDK0.0000%8h1,761.8+0.186%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perpshort0.0000%8h1,756.5−0.116%$15K$1.7M10x
Phoenix SNDK0.0000%1h1,759.2+0.037%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,758.7+0.009%$14K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,758.7+0.007%$1K$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,759.4+0.046%$51K$347K10xas long as short
HTX SNDK-USDT0.0000%8h1,758.9+0.019%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,759.7+0.064%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0010%1h1,756.4−0.123%$584K10xas long as short
Aftermath Perps SNDKUSD+0.0013%1h1,760.7+0.123%$655$37K5xas long as short
Pacifica SNDK+0.0024%1h1,758.3−0.014%$196K$304K10xas long as short
Lighter RH SNDK+0.0032%1h1,759.9+0.074%$1.3M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,758.8+0.015%$423K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.355%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,758.7+0.007%$262K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,759.2+0.037%$242K$656K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,757.2−0.074%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,759.7+0.065%$117.4M$155.7M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,757.9−0.037%$184K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,758.4−0.009%$719K$513K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,759.2+0.037%$1.3M$5.1M5xas long as short
Lighter SNDK+0.0064%1h1,760.3+0.097%$1.7M$16.1M20xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,757.5−0.057%$433K$2.3M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,758.9+0.021%$1K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,756.4−0.122%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythoslong+0.0100%8h1,758.6long leg$8K$3K20x
Kraken Futures PF_SNDKUSD+0.0122%1h1,759.5+0.052%$126K$354K20xas long as short
edgeX SNDKUSDC+0.0180%4h1,757.2−0.075%$558K$353K10xas long as short