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−0.0016%/8h= −1.8% APRnext payment $0.02 per $10,000 · paid last 24h +0.007%
Price spread now: Extended against Popdex−0.023%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−$17as in the Price arb table
costs, in and out, $10k−$150.150% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.033%−$3 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.023%, 7d avg 0.000%
Together, before fees−0.064%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.023% cheaper against Popdex than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex SNDKUSDT1,7780.0048pay 0.0006% / 1h20m 17s$245K$670K20x
ShortExtended SNDK_24_5-USD1,777.60.0032get 0.0004% / 1h20m 17s$412K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$3.36
Price spread: −0.023% → 0.000%
−$2.28
Slippage, 4 orders
−$3.62
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$20.65
Costs to cover
0.150%
Break-even
never at this rate
Slippage from Popdex: live order book, 59 min ago; Extended: 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, 59 min ago0.56 bp3.8 bp −$46.1 bp −$61doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago0.82 bp3.7 bp −$49.9 bp −$99doesn'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%8h1,778+0.002%$4.1M$4.5M75xas long as short
Entropy io:SNDK−0.0068%1h1,777.3−0.039%$4.5M$20.3M10xas long as short
QFEX SNDK-USD−0.0004%1h1,777.9−0.007%$2.2M$21.7M10xas long as short
Aster SNDKUSD10.0000%8h1,778.4+0.021%$21.9M$46.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,778−0.001%$283.9M$1.88B75xas long as short
Bybit SNDKUSDT0.0000%8h1,778.4+0.021%$31.7M$105.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,778.1+0.006%$87.2M$845.7M75xas long as short
Gate SNDK_USDT0.0000%8h1,778.1+0.004%$183.9M$239.8M75xas long as short
Bitget SNDKUSDT0.0000%8h1,777.9−0.003%$47.9M$171.8M75xas long as short
Variational Omni SNDK0.0000%8h1,777.6−0.021%$2.6M$4.7Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp0.0000%8h1,777.8−0.011%$12K$1.0M10xas long as short
Phoenix SNDK0.0000%1h1,777.7−0.017%$277K$195K15xas long as short
Bullet SNDK-USD0.0000%1h1,778.1+0.004%$15K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,777.1−0.053%$885$3.9M20xas long as short
HTX SNDK-USDT0.0000%8h1,778.3+0.014%$1.5M$11.1M50xas long as short
Phemex SNDKUSDT0.0000%8h1,778−0.001%$2.8M$1.0M50xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,778.4+0.023%$803$37K5xas long as short
RISEx SNDK/USDC+0.0018%1h1,779.2+0.068%$175K$1.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,778.1+0.007%$1.3M$10.0M10xas long as short
Extended SNDK_24_5-USDshort+0.0032%1h1,777.6−0.023%$412K$1.6M10x
Injective SNDK/USDC PERP+0.0033%1h1,800+1.235%$36$15K12xas long as short
Arcus SNDK-USD+0.0040%1h1,777.4−0.031%$286K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,777.6−0.024%$670K10xas long as short
Popdex SNDKUSDTlong+0.0048%1h1,778long leg$245K$670K20x
tradeXYZ xyz:SNDK+0.0050%1h1,777.8−0.011%$113.3M$151.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,777.8−0.011%$204K$123K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,777.9−0.005%$727K$538K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,777.9−0.006%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,778.2+0.011%$1.4M$4.9M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,777.9−0.005%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0096%1h1,779+0.057%$441K$2.4M10xas long as short
Pacifica SNDK+0.0100%1h1,777.9−0.008%$212K$283K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,777.4−0.036%$6.0M$22.2M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,777.6−0.024%$68K$268K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,777.5−0.027%$8K$2K20xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0133%1h1,778.5+0.026%$50K$303K10xas long as short
Lighter SNDK+0.0136%1h1,778.9+0.048%$1.6M$16.4M20xas long as short
Nado SNDK-PERP+0.0170%1h1,777.9−0.005%$360K$1.4M10xas long as short
Kraken Futures PF_SNDKUSD+0.0455%1h1,778.8+0.046%$129K$406K20xas long as short
edgeX SNDKUSDC+0.0674%4h1,777.4−0.035%$565K$354K10xas long as short