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+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h −0.024%
Price spread now: Coinbase International against Pacifica+0.100%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$330.334% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 3 days (all we have)−0.088%−$9 · spread now +0.100%, 7d avg +0.023%
Together, before fees−0.032%+ Points / potential airdropPacifica: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.077% dearer against Pacifica than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SNDK1,778.70.0100pay 0.0013% / 1h55m 51s$212K$279K10x
ShortCoinbase International SNDK-PERP-INTX1,780.50.0128get 0.0016% / 1h55m 51s$441K$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. 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
$5.88
Price spread: +0.100% → +0.023%
$7.68
Slippage, 4 orders
−$15.43
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$19.87
Costs to cover
0.334%
Break-even
30.7 days
Slippage from Pacifica: live order book, 17 min ago; Coinbase International: live order book, 3 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 Pacifica live order book, 17 min ago0.56 bp6.0 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago3.40 bp9.5 bp −$913.4 bp −$13442.6 bp −$4,256doesn'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%8h1,780.1+0.079%$4.1M$4.5M75xas long as short
Entropy io:SNDK−0.0026%1h1,777.9−0.045%$4.7M$20.5M10xas long as short
Aster SNDKUSD10.0000%8h1,780.6+0.104%$21.9M$46.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,780.9+0.121%$284.2M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,780.9+0.124%$32.0M$101.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,780.9+0.124%$86.7M$836.9M75xas long as short
Gate SNDK_USDT0.0000%8h1,780.6+0.106%$183.2M$232.0M75xas long as short
Bitget SNDKUSDT0.0000%8h1,780.6+0.109%$47.9M$169.0M75xas long as short
Variational Omni SNDK0.0000%8h1,779.6+0.048%$2.6M$4.6Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,776.9−0.101%$19K$1.1M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SNDK0.0000%1h1,777.9−0.045%$277K$195K15xas long as short
SunX SNDK-USDT0.0000%8h1,778.6−0.004%$820$3.9M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,780.9+0.124%$50K$310K10xas long as short
HTX SNDK-USDT0.0000%8h1,780.2+0.086%$1.5M$11.0M50xas long as short
Phemex SNDKUSDT0.0000%8h1,780.6+0.107%$2.8M$1.0M50xas long as short
QFEX SNDK-USD+0.0001%1h1,779.3+0.034%$2.2M$21.4M10xas long as short
RISEx SNDK/USDC+0.0004%1h1,780.3+0.090%$175K$1.8M20xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,777.4−0.076%$751$37K5xas long as short
Lighter RH SNDK+0.0032%1h1,780.7+0.112%$1.3M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,775.8−0.161%$419K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.195%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,777−0.097%$285K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,779.4+0.037%$670K10xas long as short
Lighter SNDK+0.0048%1h1,781.3+0.145%$1.5M$15.9M20xas long as short
Popdex SNDKUSDT+0.0048%1h1,779.5+0.045%$246K$663K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,779.1+0.024%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,777.3−0.079%$1.4M$4.9M5xas long as short
Polymarket Perps SNDK-USD+0.0065%1h1,777.8−0.051%$186K$142K10xas long as short
Nado SNDK-PERP+0.0075%1h1,779.6+0.051%$353K$1.4M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,778−0.038%$1K10xas long as short
Pacifica SNDKlong+0.0100%1h1,778.7long leg$212K$279K10x
KuCoin SNDKUSDTM+0.0100%8h1,779.3+0.033%$6.1M$22.1M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,777.1−0.091%$68K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,780.3+0.092%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTXshort+0.0128%1h1,780.5+0.100%$441K$2.4M10x
edgeX SNDKUSDC+0.0237%4h1,776.3−0.134%$564K$353K10xas long as short
SoDEX SNDK-USD+0.0267%1h1,779.2+0.028%$727K$527K10xas long as short
Bullet SNDK-USD+0.0322%1h1,780.6+0.107%$14K$290K10xas long as short
tradeXYZ xyz:SNDK+0.0412%1h1,778.2−0.028%$114.0M$152.9M10xas long as short
Kraken Futures PF_SNDKUSD+0.0663%1h1,780.6+0.106%$130K$399K20xas long as short