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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Phemex−0.097%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 feesneeds both histories
Funding pays, the price is against you. Orderly is 0.097% cheaper against Phemex than usual: you would sell low and buy high (spread −0.097% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.2 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SNDKUSDT1,745.80get 0.0000% / 8h7h 28m$2.8M$1.1M50x
ShortOrderly PERP_SNDK_USDC_mythos1,744.10.0100get 0.0100% / 8h7h 28m$8K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Phemex. 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: −0.097% → 0.000%
−$9.74
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$6.74
Costs to cover
0.180%
Break-even
9.2 days
Slippage unknown: Phemex: live order book, 6 min ago; Orderly: 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 Phemex live order book, 6 min ago0.20 bp27.4 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
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
GRVT SNDK_USDT_Perp−0.0473%8h1,744.4−0.079%$22K$2.2M10xas long as short
HTX SNDK-USDT−0.0348%8h1,743.9−0.112%$1.4M$10.6M50xas long as short
Bitget SNDKUSDT−0.0238%8h1,745−0.050%$49.7M$168.1M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,743.1−0.158%$4.0M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0050%8h1,744−0.104%$6.0M$22.6M20xas long as short
Nado SNDK-PERP−0.0050%1h1,742.5−0.190%$332K$1.5M10xas long as short
QFEX SNDK-USD−0.0002%1h1,743−0.164%$1.4M$9.6M10xas long as short
Aster SNDKUSD10.0000%8h1,744.6−0.070%$21.3M$32.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,745.3−0.027%$279.4M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,745.4−0.025%$31.7M$104.9M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,745.4−0.024%$81.5M$823.0M75xas long as short
RISEx SNDK/USDC0.0000%1h1,744.4−0.082%$135K$1.5M20xas long as short
Gate SNDK_USDT0.0000%8h1,744.8−0.057%$178.2M$219.3M75xas long as short
Variational Omni SNDK0.0000%8h1,746.4+0.033%$2.5M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,749+0.182%$272K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,744.4−0.081%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,744.2−0.096%$757$3.3M20xas long as short
Phemex SNDKUSDTlong0.0000%8h1,745.8long leg$2.8M$1.1M50x
Vest SNDK-USD-PERP+0.0006%1h1,741.4−0.254%$585K10xas long as short
Aftermath Perps SNDKUSD+0.0013%1h1,746+0.013%$764$38K5xas long as short
Lighter SNDK+0.0032%1h1,744.6−0.069%$1.7M$16.4M20xas long as short
Lighter RH SNDK+0.0032%1h1,744.6−0.069%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,744.9−0.055%$395K$2.1M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+3.101%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,742.4−0.194%$249K$1.4M10xas long as short
Paradex SNDK-USD-PERP+0.0047%8h1,742.4−0.197%5xas long as short
Popdex SNDKUSDT+0.0048%1h1,743.2−0.150%$240K$658K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,744.6−0.070%$118.3M$159.3M10xas long as short
Entropy io:SNDK+0.0050%1h1,744.4−0.081%$4.5M$19.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,742.4−0.196%$183K$127K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,742.7−0.182%$713K$521K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,743.6−0.127%$1.3M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,743.8−0.115%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,743.2−0.149%$195K$310K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,745.5−0.019%$67K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythosshort+0.0100%8h1,744.1−0.097%$8K$3K20x
Coinbase International SNDK-PERP-INTX+0.0112%1h1,743.6−0.125%$423K$2.1M10xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0272%1h1,744.5−0.078%$50K$360K10xas long as short
Kraken Futures PF_SNDKUSD+0.0286%1h1,744.4−0.084%$127K$346K20xas long as short
edgeX SNDKUSDC+0.0713%4h1,745−0.047%$554K$352K10xas long as short