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−0.0049%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.018%
Price spread now: QFEX against Popdex−0.022%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.236% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.056%−$6 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.022%, 7d avg −0.015%
Together, before fees−0.074%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex SNDKUSDT1,7610.0048pay 0.0006% / 1h11m 45s$242K$651K20x
ShortQFEX SNDK-USD1,760.6−0.0001pay 0.0000% / 1h11m 45s$1.4M$9.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$10.26
Price spread: −0.022% → −0.015%
−$0.7
Slippage, 4 orders
−$7.21
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$34.57
Costs to cover
0.236%
Break-even
never at this rate
Slippage from Popdex: live order book, 27 min ago; QFEX: live order book, 7 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, 27 min ago1.42 bp4.6 bp −$56.3 bp −$63doesn't fitdoesn't fit
Sell QFEX live order book, 7 min ago1.02 bp6.0 bp −$66.0 bp −$6011.5 bp −$1,152doesn'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−0.0253%8h1,760.4−0.032%$48.2M$165.9M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,762.6+0.091%$3.9M$4.6M75xas long as short
KuCoin SNDKUSDTM−0.0005%8h1,760.6−0.024%$6.0M$22.5M20xas long as short
Nado SNDK-PERP−0.0002%1h1,761.1+0.007%$330K$1.5M10xas long as short
QFEX SNDK-USDshort−0.0001%1h1,760.6−0.022%$1.4M$9.9M10x
Aster SNDKUSD10.0000%8h1,761.4+0.020%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,760.2−0.047%$279.8M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,760.7−0.018%$31.8M$103.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,760−0.057%$82.2M$832.8M75xas long as short
RISEx SNDK/USDC0.0000%1h1,762+0.057%$120K$1.6M20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,760.3−0.039%$179.0M$229.4M75xas long as short
Variational Omni SNDK0.0000%8h1,761.4+0.022%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,761.9+0.052%$18K$2.1M10xas long as short
Phoenix SNDK0.0000%1h1,761.6+0.034%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,760.9−0.007%$14K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,760.9−0.007%$787$3.4M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,760.5−0.028%$51K$355K10xas long as short
HTX SNDK-USDT0.0000%8h1,760.4−0.037%$1.4M$10.5M50xas long as short
Phemex SNDKUSDT0.0000%8h1,760.1−0.050%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0016%1h1,758.6−0.134%$579K10xas long as short
Aftermath Perps SNDKUSD+0.0016%1h1,761.7+0.037%$715$38K5xas long as short
Lighter RH SNDK+0.0032%1h1,760.5−0.030%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,760−0.055%$495K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.212%$36$9K12xas long as short
Lighter SNDK+0.0040%1h1,761.1+0.003%$1.8M$16.4M20xas long as short
Arcus SNDK-USD+0.0040%1h1,760.6−0.024%$254K$1.5M10xas long as short
Popdex SNDKUSDTlong+0.0048%1h1,761long leg$242K$651K20x
tradeXYZ xyz:SNDK+0.0050%1h1,760.3−0.040%$119.7M$158.0M10xas long as short
Entropy io:SNDK+0.0050%1h1,760.6−0.023%$4.6M$19.6M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,760−0.057%$185K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,760.3−0.043%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,760.7−0.016%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,762+0.057%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,760.5−0.029%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,761−0.001%$197K$307K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,761.7+0.040%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,760.3−0.043%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,762.4+0.080%$428K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0274%1h1,760.9−0.007%$126K$340K20xas long as short
edgeX SNDKUSDC+0.0857%4h1,761.3+0.017%$560K$352K10xas long as short