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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.003%
Price spread now: Pacifica against Popdex+0.019%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$190.188% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.066%−$7 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.019%, 7d avg −0.014%
Together, before fees−0.124%+ Points / potential airdropPacifica: Active · farm board−$12 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 Pacifica is 0.033% dearer against Popdex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.014%. Mind the row above: over the last 3 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex SNDKUSDT1,784.60.0048pay 0.0006% / 1h1m 01s$246K$644K20x
ShortPacifica SNDK1,784.90.0100get 0.0013% / 1h1m 01s$199K$292K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$10.92
Price spread: +0.019% → −0.014%
$3.3
Slippage, 4 orders
−$4.41
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$4.59
Costs to cover
0.188%
Break-even
9.9 days
Slippage from Popdex: live order book, 3 min ago; Pacifica: live order book, 2 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, 3 min ago0.56 bp3.8 bp −$45.3 bp −$53doesn't fitdoesn't fit
Sell Pacifica live order book, 2 min ago0.28 bp5.3 bp −$5doesn't fitdoesn't fitdoesn't fit

SNDK on 39 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
Phoenix SNDK−0.0045%1h1,784.7+0.006%$278K$193K15xas long as short
Nado SNDK-PERP−0.0033%1h1,785.9+0.075%$359K$1.4M10xas long as short
Entropy io:SNDK−0.0028%1h1,785+0.022%$4.9M$20.4M10xas long as short
QFEX SNDK-USD−0.0024%1h1,784.5−0.004%$1.6M$15.6M10xas long as short
tradeXYZ xyz:SNDK−0.0006%1h1,784.3−0.017%$114.5M$145.9M10xas long as short
Aster SNDKUSD10.0000%8h1,785.7+0.063%$21.8M$37.1M20xas long as short
Binance SNDKUSDT0.0000%8h1,784−0.035%$285.4M$1.81B75xas long as short
Bybit SNDKUSDT0.0000%8h1,784.9+0.017%$32.1M$99.7M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,784.2−0.022%$85.3M$821.9M75xas long as short
Gate SNDK_USDT0.0000%8h1,784.7+0.003%$180.6M$232.7M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT0.0000%8h1,784.5−0.007%$43.8M$163.6M75xas long as short
Variational Omni SNDK0.0000%8h1,784.2−0.020%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,785.5+0.052%$19K$1.2M10xas long as short
Bullet SNDK-USD0.0000%1h1,784.5−0.006%$15K$292K10xas long as short
SunX SNDK-USDT0.0000%8h1,783.7−0.049%$749$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,785+0.020%$51K$331K10xas long as short
HTX SNDK-USDT0.0000%8h1,784.9+0.014%$1.4M$10.4M50xas long as short
Phemex SNDKUSDT0.0000%8h1,784.6+0.001%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0003%1h1,785.6+0.059%$664$37K5xas long as short
Lighter SNDK+0.0032%1h1,785.6+0.055%$1.7M$16.3M20xas long as short
Lighter RH SNDK+0.0032%1h1,785.1+0.030%$1.4M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,784.6−0.001%$477K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.861%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,784−0.035%$311K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,784−0.036%$584K10xas long as short
Paradex SNDK-USD-PERP+0.0048%8h1,785+0.021%5xas long as short
Popdex SNDKUSDTlong+0.0048%1h1,784.6long leg$246K$644K20x
Polymarket Perps SNDK-USD+0.0050%1h1,784−0.034%$187K$134K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,784.6+0.001%$730K$515K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,784.8+0.011%$1.4M$5.0M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,784.2−0.024%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0088%1h1,784−0.033%$436K$2.3M10xas long as short
Pacifica SNDKshort+0.0100%1h1,784.9+0.019%$199K$292K10x
KuCoin SNDKUSDTM+0.0100%8h1,784.2−0.022%$6.1M$21.6M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,785.6+0.058%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,784.2−0.020%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0132%1h1,785.2+0.032%$130K$355K20xas long as short
RISEx SNDK/USDC+0.0257%1h1,785.7+0.062%$170K$1.8M20xas long as short
edgeX SNDKUSDC+0.0444%4h1,785+0.024%$567K$353K10xas long as short