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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0798%/8h= −87.4% APRpaid last 24h +0.010%
Price spread now: KuCoin against RISEx−0.064%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.293% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.011%−$1 on $10k
Price spread, last 7 days+0.017%+$2 · spread now −0.064%, 7d avg −0.036%
Together, before fees+0.006%+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and KuCoin is 0.029% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.011% in total (about -1.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SNDK/USDC1,773.20.0898pay 0.0112% / 1h45m 02s$146K$1.5M20x
ShortKuCoin SNDKUSDTM1,772.10.0100get 0.0100% / 8h5h 45m$6.1M$23.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against RISEx. 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
−$167.68
Price spread: −0.064% → −0.036%
−$2.87
Slippage, 4 orders
−$11.26
Fee RISEx: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$199.8
Costs to cover
0.293%
Break-even
never at this rate
Slippage from RISEx: live order book, 2 min ago; KuCoin: 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 RISEx live order book, 2 min ago0.93 bp3.9 bp −$44.7 bp −$47doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago0.79 bp12.1 bp −$1265.0 bp −$650doesn't fitdoesn't fit

SNDK on 40 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SNDKUSD−0.0258%1h1,770.7−0.145%$168K$384K20xas long as short
BloFin SNDK-USDT−0.0120%8h1,771.9−0.077%$4.0M$4.7M75xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0111%1h1,770.7−0.142%$19K$430K10xas long as short
QFEX SNDK-USD−0.0001%1h1,771.5−0.098%$1.4M$9.4M10xas long as short
Aster SNDKUSD10.0000%8h1,772.8−0.023%$21.6M$32.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,771.8−0.079%$282.8M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,771.8−0.082%$31.9M$107.1M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,771.7−0.087%$82.2M$842.0M75xas long as short
Gate SNDK_USDT0.0000%8h1,771.9−0.076%$182.7M$218.6M75xas long as short
Bitget SNDKUSDT0.0000%8h1,771.7−0.085%$48.1M$172.3M75xas long as short
Show all 40 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,771.1−0.118%$2.7M$4.7Mas long as short
Phoenix SNDK0.0000%1h1,773.1−0.008%$276K$188K15xas long as short
Bullet SNDK-USD0.0000%1h1,772−0.070%$15K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,771.2−0.117%$685$3.1M20xas long as short
HTX SNDK-USDT0.0000%8h1,771.2−0.117%$1.4M$9.8M50xas long as short
Phemex SNDKUSDT0.0000%8h1,771.9−0.077%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0019%1h1,773.3+0.001%$678$38K5xas long as short
Lighter RH SNDK+0.0032%1h1,772−0.069%$1.3M$9.7M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,771.2−0.117%$397K$2.4M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.507%$36$4K12xas long as short
Arcus SNDK-USD+0.0040%1h1,771.4−0.102%$269K$1.4M10xas long as short
Nado SNDK-PERP+0.0044%1h1,772−0.071%$331K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,771.8−0.081%$574K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,771.9−0.076%$244K$699K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,772.1−0.064%$121.7M$153.0M10xas long as short
Entropy io:SNDK+0.0050%1h1,772.5−0.042%$4.5M$19.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,771.4−0.104%$187K$115K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,771.8−0.083%$727K$525K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,770.9−0.132%$1.4M$5.3M5xas long as short
Paradex SNDK-USD-PERP+0.0053%8h1,771.5−0.097%5xas long as short
edgeX SNDKUSDC+0.0064%4h1,773.4+0.008%$563K$340K10xas long as short
Aevo SNDK-PERP+0.0080%1h1,771.3−0.109%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,771.8−0.083%$199K$305K10xas long as short
KuCoin SNDKUSDTMshort+0.0100%8h1,772.1−0.064%$6.1M$23.0M20x
ApeX Omni SNDKUSDT+0.0100%1h1,772.9−0.021%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,771.9−0.078%$8K$3K20xas long as short
GRVT SNDK_USDT_Perp+0.0148%8h1,773.8+0.033%$28K$2.5M10xas long as short
Coinbase International SNDK-PERP-INTX+0.0152%1h1,772.5−0.041%$445K$2.2M10xas long as short
Lighter SNDK+0.0176%1h1,772.6−0.038%$1.8M$16.7M20xas long as short
RISEx SNDK/USDClong+0.0898%1h1,773.2long leg$146K$1.5M20x