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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0044%/8h= −4.8% APRnext payment $0.06 per $10,000 · paid last 24h +0.012%
Price spread now: RISEx against Popdex+0.047%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$160.159% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.047%, 7d avg +0.020%
Together, before fees−0.052%−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. RISEx is 0.027% dearer against Popdex than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of +0.020%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex SNDKUSDT1,789.70.0048pay 0.0006% / 1h24m 09s$246K$648K20x
ShortRISEx SNDK/USDC1,790.50.0004get 0.0000% / 1h24m 09s$171K$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$9.24
Price spread: +0.047% → +0.020%
$2.72
Slippage, 4 orders
−$3.53
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$22.45
Costs to cover
0.159%
Break-even
never at this rate
Slippage from Popdex: live order book, 50 min ago; RISEx: live order book, 5 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, 50 min ago0.85 bp4.0 bp −$46.1 bp −$61doesn't fitdoesn't fit
Sell RISEx live order book, 5 min ago0.92 bp3.9 bp −$46.4 bp −$64doesn'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
Deribit SNDK_USDC-PERPETUAL−0.0175%1h1,789.4−0.016%$50K$314K10xas long as short
BloFin SNDK-USDT−0.0120%8h1,791.3+0.091%$4.1M$4.5M75xas long as short
Aster SNDKUSD10.0000%8h1,790.4+0.041%$21.8M$43.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,789.2−0.028%$286.1M$1.84B75xas long as short
Bybit SNDKUSDT0.0000%8h1,789.3−0.022%$32.0M$100.2M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,789.1−0.034%$86.7M$834.8M75xas long as short
Gate SNDK_USDT0.0000%8h1,789.6−0.006%$182.3M$235.2M75xas long as short
Bitget SNDKUSDT0.0000%8h1,788.9−0.043%$48.0M$169.0M75xas long as short
Variational Omni SNDK0.0000%8h1,792.4+0.149%$2.6M$4.6Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,793.3+0.198%$22K$1.1M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SNDK0.0000%1h1,787.7−0.112%$278K$195K15xas long as short
Bullet SNDK-USD0.0000%1h1,789.6−0.006%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,788.1−0.092%$862$3.8M20xas long as short
HTX SNDK-USDT0.0000%8h1,789−0.039%$1.5M$10.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,788.7−0.057%$2.8M$1.1M50xas long as short
QFEX SNDK-USD+0.0001%1h1,789.3−0.023%$2.0M$19.7M10xas long as short
RISEx SNDK/USDCshort+0.0004%1h1,790.5+0.047%$171K$1.8M20x
Nado SNDK-PERP+0.0006%1h1,790.4+0.036%$347K$1.4M10xas long as short
Aftermath Perps SNDKUSD+0.0008%1h1,790+0.014%$684$37K5xas long as short
Lighter SNDK+0.0032%1h1,790.1+0.021%$1.7M$16.3M20xas long as short
Lighter RH SNDK+0.0032%1h1,790+0.015%$1.4M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,789.6−0.006%$442K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.573%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,790.2+0.026%$305K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.4+0.036%$585K10xas long as short
Popdex SNDKUSDTlong+0.0048%1h1,789.7long leg$246K$648K20x
Paradex SNDK-USD-PERP+0.0050%8h1,790.9+0.068%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,789.5−0.011%$115.1M$147.1M10xas long as short
Entropy io:SNDK+0.0050%1h1,790.2+0.028%$4.9M$20.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,789.5−0.011%$187K$135K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,790.6+0.050%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,788.8−0.050%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,790.6+0.052%$199K$291K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,789.1−0.034%$6.1M$21.9M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,793.8+0.231%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,789.1−0.035%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0128%1h1,790+0.017%$441K$2.3M10xas long as short
SoDEX SNDK-USD+0.0222%1h1,788.9−0.043%$731K$515K10xas long as short
edgeX SNDKUSDC+0.0285%4h1,791.6+0.107%$569K$353K10xas long as short
Kraken Futures PF_SNDKUSD+0.0660%1h1,789.5−0.013%$130K$379K20xas long as short