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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Bitget against SoDEX−0.077%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$300.302% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.046%−$5 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.077%, 7d avg +0.007%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.084% cheaper against SoDEX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SNDK-USD1,773.10.0050pay 0.0006% / 1h24m 44s$725K$514K10x
ShortBitget SNDKUSDT1,771.80get 0.0000% / 8h3h 24m$44.3M$162.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.077% → +0.007%
−$8.39
Slippage, 4 orders
−$10.17
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$49.07
Costs to cover
0.302%
Break-even
never at this rate
Slippage from SoDEX: live order book, 29 min ago; Bitget: 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, 29 min ago0.03 bp7.7 bp −$840.7 bp −$407doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago0.03 bp7.4 bp −$711.1 bp −$111doesn'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%8h1,772.8−0.019%$3.9M$4.4M75xas long as short
KuCoin SNDKUSDTM−0.0042%8h1,773.5+0.023%$6.1M$22.0M20xas long as short
Entropy io:SNDK−0.0038%1h1,774.7+0.090%$4.8M$19.7M10xas long as short
Nado SNDK-PERP−0.0033%1h1,772.6−0.031%$345K$1.5M10xas long as short
QFEX SNDK-USD−0.0019%1h1,771.9−0.068%$1.4M$12.0M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,774.1+0.055%$431K$2.3M10xas long as short
Aster SNDKUSD10.0000%8h1,775+0.108%$21.7M$32.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,772.4−0.039%$281.7M$1.81B75xas long as short
Bybit SNDKUSDT0.0000%8h1,772.5−0.036%$32.2M$101.9M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,771.9−0.068%$82.1M$824.6M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,773.9+0.047%$169K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,772.5−0.034%$176.8M$230.3M75xas long as short
Bitget SNDKUSDTshort0.0000%8h1,771.8−0.077%$44.3M$162.3M75x
Variational Omni SNDK0.0000%8h1,774.1+0.054%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,777.9+0.268%$20K$1.6M10xas long as short
Phoenix SNDK0.0000%1h1,777.5+0.248%$277K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,772.5−0.032%$14K$286K10xas long as short
SunX SNDK-USDT0.0000%8h1,771.4−0.096%$944$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,772.8−0.020%$51K$346K10xas long as short
HTX SNDK-USDT0.0000%8h1,772.1−0.058%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,772.8−0.016%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0008%1h1,776.3+0.178%$734$38K5xas long as short
Lighter SNDK+0.0032%1h1,773.5+0.024%$1.7M$15.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,773.1−0.001%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,771.8−0.075%$435K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.514%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,773.6+0.025%$265K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,770.7−0.135%$580K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,772.7−0.023%$244K$651K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,772.1−0.054%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,772.5−0.034%$117.2M$151.9M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,772.2−0.051%$186K$128K10xas long as short
SoDEX SNDK-USDlong+0.0050%1h1,773.1long leg$725K$514K10x
Ondo Perps SNDK-USD.P+0.0050%1h1,771.5−0.091%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,772.2−0.051%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,772.5−0.035%$197K$288K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,776.8+0.208%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,772.2−0.050%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,772.8−0.019%$128K$353K20xas long as short
edgeX SNDKUSDC+0.0410%4h1,777+0.221%$564K$351K10xas long as short