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+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.016%
Price spread now: ApeX Omni against SoDEX+0.193%46s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.407% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.036%+$4 on $10k
Price spread, last 3 days (all we have)−0.105%−$10 · spread now +0.193%, 7d avg +0.037%
Together, before fees−0.069%−$7 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 ApeX Omni is 0.156% dearer against SoDEX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.037%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SNDK-USD1,784.50.0050pay 0.0006% / 1h39m 33s$729K$515K10x
ShortApeX Omni SNDKUSDT1,787.90.0100get 0.0013% / 1h39m 33s$69K$269K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SoDEX. 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
$10.5
Price spread: +0.193% → +0.037%
$15.62
Slippage, 4 orders
−$22.7
Fee SoDEX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$14.58
Costs to cover
0.407%
Break-even
16.7 days
Slippage from SoDEX: live order book, 29 min ago; ApeX Omni: live order book, 28 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 SoDEX live order book, 29 min ago0.03 bp7.6 bp −$837.9 bp −$379doesn't fitdoesn't fit
Sell ApeX Omni live order book, 28 min ago7.70 bp12.7 bp −$1334.6 bp −$346doesn'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%8h1,788+0.200%$4.1M$4.5M75xas long as short
Entropy io:SNDK−0.0102%1h1,785.8+0.076%$4.9M$20.3M10xas long as short
Phoenix SNDK−0.0045%1h1,786.8+0.132%$278K$193K15xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0030%1h1,784.9+0.027%$51K$328K10xas long as short
QFEX SNDK-USD−0.0024%1h1,783.2−0.069%$1.8M$17.3M10xas long as short
Aster SNDKUSD10.0000%8h1,785.4+0.053%$21.7M$39.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,783.1−0.077%$285.9M$1.82B75xas long as short
Bybit SNDKUSDT0.0000%8h1,783.7−0.041%$32.0M$100.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,783.3−0.064%$85.7M$829.3M75xas long as short
Gate SNDK_USDT0.0000%8h1,783.4−0.061%$180.4M$231.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT0.0000%8h1,783.4−0.057%$47.1M$165.3M75xas long as short
Variational Omni SNDK0.0000%8h1,786.9+0.138%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,787.3+0.161%$15K$1.1M10xas long as short
Bullet SNDK-USD0.0000%1h1,785.2+0.042%$15K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,784.2−0.013%$856$3.7M20xas long as short
HTX SNDK-USDT0.0000%8h1,784.9+0.022%$1.5M$10.4M50xas long as short
Phemex SNDKUSDT0.0000%8h1,784.3−0.011%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0002%1h1,784.5+0.002%$360K$1.4M10xas long as short
Aftermath Perps SNDKUSD+0.0005%1h1,787.9+0.194%$671$37K5xas long as short
tradeXYZ xyz:SNDK+0.0009%1h1,783.9−0.031%$114.2M$146.4M10xas long as short
Lighter SNDK+0.0032%1h1,784.7+0.013%$1.7M$16.1M20xas long as short
Lighter RH SNDK+0.0032%1h1,784.1−0.020%$1.4M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,784.1−0.020%$470K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.869%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,785.6+0.064%$312K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,783.6−0.048%$584K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,783.2−0.070%$246K$645K20xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,783.7−0.044%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,783−0.081%$187K$135K10xas long as short
SoDEX SNDK-USDlong+0.0050%1h1,784.5long leg$729K$515K10x
Ondo Perps SNDK-USD.P+0.0050%1h1,783.3−0.064%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,784.6+0.006%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0088%1h1,785.9+0.083%$437K$2.3M10xas long as short
Pacifica SNDK+0.0100%1h1,783.6−0.046%$198K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,784.8+0.020%$6.1M$21.5M20xas long as short
ApeX Omni SNDKUSDTshort+0.0100%1h1,787.9+0.193%$69K$269K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,784.4−0.001%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0132%1h1,785.6+0.062%$130K$364K20xas long as short
RISEx SNDK/USDC+0.0257%1h1,784.1−0.020%$171K$1.8M20xas long as short
edgeX SNDKUSDC+0.0279%4h1,787.4+0.163%$568K$351K10xas long as short