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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.005%
Price spread now: RISEx against Polymarket Perps+0.037%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$240.239% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.110%+$11 on $10k
Price spread, last 7 days+0.007%+$1 · spread now +0.037%, 7d avg +0.088%
Together, before fees+0.117%+$12 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 RISEx is 0.052% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.088%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.110%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SNDK-USD1,769.30.0050pay 0.0006% / 1h18m 28s$185K$132K10x
ShortRISEx SNDK/USDC1,769.90get 0.0000% / 1h18m 28s$122K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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: +0.037% → +0.088%
−$5.18
Slippage, 4 orders
−$9.88
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$39.56
Costs to cover
0.239%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 33 min ago; RISEx: live order book, just now.

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, 33 min ago1.96 bp6.0 bp −$66.9 bp −$698.9 bp −$890doesn't fit
Sell RISEx live order book, just now1.84 bp4.8 bp −$55.8 bp −$58doesn'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
BloFin SNDK-USDT−0.0120%8h1,771.1+0.099%$3.9M$4.4M75xas long as short
Entropy io:SNDK−0.0053%1h1,771.1+0.102%$4.8M$19.8M10xas long as short
KuCoin SNDKUSDTM−0.0047%8h1,769.9+0.034%$6.1M$22.0M20xas long as short
Nado SNDK-PERP−0.0019%1h1,770.5+0.067%$340K$1.5M10xas long as short
QFEX SNDK-USD−0.0019%1h1,769.5+0.010%$1.4M$11.9M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,774.1+0.270%$434K$2.3M10xas long as short
Aster SNDKUSD10.0000%8h1,770.4+0.065%$21.6M$32.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,769.8+0.029%$280.5M$1.82B75xas long as short
Bybit SNDKUSDT0.0000%8h1,769.7+0.020%$31.9M$102.1M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,770.1+0.045%$82.1M$825.7M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDCshort0.0000%1h1,769.9+0.037%$122K$1.6M20x
Gate SNDK_USDT0.0000%8h1,769.6+0.015%$176.8M$231.0M75xas long as short
Bitget SNDKUSDT0.0000%8h1,770+0.039%$44.3M$162.7M75xas long as short
Variational Omni SNDK0.0000%8h1,773.3+0.227%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,772.9+0.205%$14K$1.6M10xas long as short
Phoenix SNDK0.0000%1h1,770.4+0.062%$276K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,769.9+0.034%$14K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,770.6+0.075%$887$3.6M20xas long as short
HTX SNDK-USDT0.0000%8h1,771.1+0.102%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,771.1+0.103%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0009%1h1,772.4+0.176%$659$38K5xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0021%1h1,771.4+0.121%$51K$346K10xas long as short
Lighter SNDK+0.0032%1h1,770.7+0.078%$1.7M$15.9M20xas long as short
Lighter RH SNDK+0.0032%1h1,770.2+0.050%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,769.4+0.005%$428K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.733%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,770.9+0.089%$264K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0043%1h1,767.5−0.101%$578K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,769.8+0.028%$244K$652K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,769.3+0.001%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,769.9+0.034%$117.1M$152.3M10xas long as short
Polymarket Perps SNDK-USDlong+0.0050%1h1,769.3long leg$185K$132K10x
SoDEX SNDK-USD+0.0050%1h1,771.1+0.101%$724K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,770.3+0.057%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,770.9+0.093%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,770+0.038%$197K$289K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,773.1+0.215%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,770.1+0.045%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,771.3+0.115%$128K$353K20xas long as short
edgeX SNDKUSDC+0.0582%4h1,772.9+0.203%$563K$352K10xas long as short