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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.014%
Price spread now: Aster against Popdex−0.058%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$290.290% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.042%−$4 on $10k
Price spread, last 4 days (all we have)−0.075%−$8 · spread now −0.058%, 7d avg 0.000%
Together, before fees−0.117%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.058% cheaper against Popdex than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex SNDKUSDT1,760.10.0048pay 0.0006% / 1h1m 04s$242K$666K20x
ShortAster SNDKUSD11,759.10get 0.0000% / 8h7h 01m$21.4M$32.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Popdex. 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
−$10.08
Price spread: −0.058% → 0.000%
−$5.81
Slippage, 4 orders
−$14.61
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$44.9
Costs to cover
0.290%
Break-even
never at this rate
Slippage from Popdex: live order book, 33 min ago; Aster: 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 Popdex live order book, 33 min ago4.29 bp8.0 bp −$811.1 bp −$111doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago1.11 bp5.1 bp −$59.0 bp −$90doesn'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−0.0142%8h1,758.2−0.109%$49.5M$168.1M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,758.3−0.101%$3.9M$4.6M75xas long as short
QFEX SNDK-USD−0.0002%1h1,759.7−0.024%$1.4M$9.4M10xas long as short
Aster SNDKUSD1short0.0000%8h1,759.1−0.058%$21.4M$32.5M20x
Binance SNDKUSDT0.0000%8h1,758.2−0.110%$279.3M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,759.1−0.059%$31.9M$105.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,758.4−0.097%$82.2M$825.8M75xas long as short
RISEx SNDK/USDC0.0000%1h1,759−0.064%$136K$1.5M20xas long as short
Gate SNDK_USDT0.0000%8h1,758.4−0.095%$180.2M$222.9M75xas long as short
Variational Omni SNDK0.0000%8h1,758.4−0.097%$2.5M$4.8Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp0.0000%8h1,758.7−0.077%$21K$2.3M10xas long as short
Phoenix SNDK0.0000%1h1,757.5−0.148%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,759.4−0.040%$13K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,759.9−0.014%$987$3.2M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,759.5−0.032%$51K$358K10xas long as short
HTX SNDK-USDT0.0000%8h1,758−0.118%$1.4M$9.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,758.9−0.067%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0013%1h1,759−0.064%$336K$1.5M10xas long as short
Aftermath Perps SNDKUSD+0.0015%1h1,758.2−0.109%$672$38K5xas long as short
KuCoin SNDKUSDTM+0.0017%8h1,758.9−0.066%$6.0M$22.6M20xas long as short
Lighter SNDK+0.0032%1h1,759.8−0.018%$1.7M$16.7M20xas long as short
Lighter RH SNDK+0.0032%1h1,759−0.063%$1.2M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,759.4−0.037%$389K$2.2M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.265%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,758.9−0.066%$270K$1.4M10xas long as short
Vest SNDK-USD-PERP+0.0040%1h1,759.2−0.049%$573K10xas long as short
Popdex SNDKUSDTlong+0.0048%1h1,760.1long leg$242K$666K20x
tradeXYZ xyz:SNDK+0.0050%1h1,758.2−0.108%$119.3M$159.3M10xas long as short
Entropy io:SNDK+0.0050%1h1,758.6−0.085%$4.5M$19.4M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,759.4−0.040%$186K$130K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,757.6−0.142%$1.4M$5.3M5xas long as short
Paradex SNDK-USD-PERP+0.0051%8h1,759−0.060%5xas long as short
Aevo SNDK-PERP+0.0080%1h1,759.1−0.060%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,759.4−0.037%$197K$307K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,759.6−0.027%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,759−0.060%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,758.7−0.079%$440K$2.1M10xas long as short
SoDEX SNDK-USD+0.0138%1h1,759.2−0.051%$719K$515K10xas long as short
edgeX SNDKUSDC+0.0256%4h1,759.1−0.059%$559K$349K10xas long as short
Kraken Futures PF_SNDKUSD+0.0284%1h1,760.1+0.001%$128K$336K20xas long as short