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−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h −0.023%
Price spread now: Arcus against SoDEX−0.066%7-day average −0.037% · 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−$290.291% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.044%−$4 on $10k
Price spread, last 3 days (all we have)+0.044%+$4 · spread now −0.066%, 7d avg −0.037%
Together, before fees0.000%$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Arcus is 0.028% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SNDK-USD1,791.40.0050pay 0.0006% / 1h4m 39s$732K$515K10x
ShortArcus SNDK-USD1,790.20.0040get 0.0005% / 1h4m 39s$305K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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
−$2.04
Price spread: −0.066% → −0.037%
−$2.84
Slippage, 4 orders
−$16.59
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$33.97
Costs to cover
0.291%
Break-even
never at this rate
Slippage from SoDEX: live order book, 4 min ago; Arcus: live order book, 4 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, 4 min ago0.03 bp7.6 bp −$837.9 bp −$379doesn't fitdoesn't fit
Sell Arcus live order book, 4 min ago1.17 bp6.7 bp −$713.4 bp −$134doesn'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%8h1,791.8+0.018%$4.1M$4.5M75xas long as short
Aster SNDKUSD10.0000%8h1,791.2−0.010%$21.8M$42.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,791.2−0.011%$287.3M$1.83B75xas long as short
Bybit SNDKUSDT0.0000%8h1,792.1+0.038%$32.1M$99.9M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,791.3−0.007%$86.9M$833.1M75xas long as short
Gate SNDK_USDT0.0000%8h1,791.4−0.001%$182.3M$235.8M75xas long as short
Bitget SNDKUSDT0.0000%8h1,791.2−0.010%$47.9M$164.3M75xas long as short
Variational Omni SNDK0.0000%8h1,791.3−0.008%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,789.4−0.113%$21K$1.1M10xas long as short
Phoenix SNDK0.0000%1h1,790.9−0.029%$279K$195K15xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet SNDK-USD0.0000%1h1,791.4−0.001%$13K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,790.3−0.060%$1K$3.7M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,791.7+0.013%$51K$328K10xas long as short
HTX SNDK-USDT0.0000%8h1,790.8−0.035%$1.5M$10.4M50xas long as short
Phemex SNDKUSDT0.0000%8h1,791.7+0.013%$2.8M$1.1M50xas long as short
QFEX SNDK-USD+0.0001%1h1,791.1−0.016%$1.9M$18.5M10xas long as short
RISEx SNDK/USDC+0.0004%1h1,792.2+0.042%$171K$1.8M20xas long as short
Nado SNDK-PERP+0.0004%1h1,791.6+0.011%$347K$1.4M10xas long as short
Aftermath Perps SNDKUSD+0.0007%1h1,791−0.022%$684$37K5xas long as short
Lighter SNDK+0.0032%1h1,792.6+0.066%$1.7M$16.4M20xas long as short
Lighter RH SNDK+0.0032%1h1,792.1+0.039%$1.4M$9.7M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,791.2−0.011%$458K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.477%$36$9K12xas long as short
Arcus SNDK-USDshort+0.0040%1h1,790.2−0.066%$305K$1.6M10x
Vest SNDK-USD-PERP+0.0046%1h1,790.9−0.030%$585K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,791.4−0.001%$246K$645K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,791.8+0.021%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,791.6+0.010%$115.1M$146.4M10xas long as short
Entropy io:SNDK+0.0050%1h1,790.1−0.074%$4.8M$20.3M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,791.4−0.001%$188K$135K10xas long as short
SoDEX SNDK-USDlong+0.0050%1h1,791.4long leg$732K$515K10x
Ondo Perps SNDK-USD.P+0.0050%1h1,790.8−0.035%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,791.3−0.008%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,791.2−0.012%$199K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,790.7−0.041%$6.1M$21.8M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,789.3−0.121%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,790.6−0.044%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0128%1h1,792.4+0.054%$442K$2.3M10xas long as short
Kraken Futures PF_SNDKUSD+0.0659%1h1,792.1+0.039%$130K$366K20xas long as short
edgeX SNDKUSDC+0.0796%4h1,790.8−0.037%$569K$354K10xas long as short