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+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against Polymarket Perps+0.108%63s7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.434% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.206%+$21 on $10k
Price spread, last 4 days (all we have)+0.127%+$13 · spread now +0.108%, 7d avg +0.059%
Together, before fees+0.333%+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.050% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.059%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SNDK-USD1,760.60.0050pay 0.0006% / 1h16m 30s$185K$128K10x
ShortApeX Omni SNDKUSDT1,762.50.0100get 0.0013% / 1h16m 30s$68K$270K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket 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
$10.5
Price spread: +0.108% → +0.059%
$4.99
Slippage, 4 orders
−$25.39
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$27.89
Costs to cover
0.434%
Break-even
25.6 days
Slippage from Polymarket Perps: live order book, 20 min ago; ApeX Omni: live order book, 21 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 Polymarket Perps live order book, 20 min ago2.27 bp8.9 bp −$99.3 bp −$9310.3 bp −$1,026doesn't fit
Sell ApeX Omni live order book, 21 min ago8.20 bp14.1 bp −$1440.8 bp −$408doesn'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
Bitget SNDKUSDT−0.0263%8h1,762.4+0.103%$48.2M$165.9M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,761.6+0.056%$4.0M$4.6M75xas long as short
KuCoin SNDKUSDTM−0.0010%8h1,761.6+0.059%$6.0M$22.5M20xas long as short
Nado SNDK-PERP−0.0007%1h1,762.4+0.104%$330K$1.5M10xas long as short
QFEX SNDK-USD−0.0001%1h1,761.6+0.059%$1.4M$9.9M10xas long as short
Aster SNDKUSD10.0000%8h1,762.1+0.088%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,762+0.080%$280.2M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,762.2+0.090%$31.8M$103.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,761.9+0.074%$82.3M$833.6M75xas long as short
RISEx SNDK/USDC0.0000%1h1,763.1+0.144%$120K$1.6M20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,762.3+0.097%$179.4M$229.4M75xas long as short
Variational Omni SNDK0.0000%8h1,760.4−0.009%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,762.2+0.090%$26K$2.1M10xas long as short
Phoenix SNDK0.0000%1h1,761.9+0.074%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,762+0.080%$14K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,762+0.078%$888$3.4M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,761.8+0.068%$51K$355K10xas long as short
HTX SNDK-USDT0.0000%8h1,761.6+0.055%$1.4M$10.5M50xas long as short
Phemex SNDKUSDT0.0000%8h1,762.1+0.083%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0013%1h1,761.6+0.056%$673$38K5xas long as short
Vest SNDK-USD-PERP+0.0016%1h1,759.7−0.051%$579K10xas long as short
Lighter SNDK+0.0032%1h1,763.1+0.144%$1.8M$16.4M20xas long as short
Lighter RH SNDK+0.0032%1h1,762.6+0.112%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,761.6+0.055%$495K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.236%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,760.6−0.001%$254K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,762.1+0.085%$242K$652K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,762.4+0.102%$119.8M$157.9M10xas long as short
Entropy io:SNDK+0.0050%1h1,761.5+0.051%$4.6M$19.5M10xas long as short
Polymarket Perps SNDK-USDlong+0.0050%1h1,760.6long leg$185K$128K10x
SoDEX SNDK-USD+0.0050%1h1,761.9+0.071%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,762+0.079%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,762+0.080%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,761.4+0.048%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,762.1+0.087%$197K$307K10xas long as short
ApeX Omni SNDKUSDTshort+0.0100%1h1,762.5+0.108%$68K$270K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,761.4+0.047%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,760.1−0.031%$428K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0274%1h1,762.3+0.097%$127K$338K20xas long as short
edgeX SNDKUSDC+0.0479%4h1,761.8+0.069%$560K$351K10xas long as short