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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.043%
Price spread now: BloFin against SunX+0.078%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$770.766% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.171%+$17 on $10k
Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.078%, 7d avg +0.046%
Together, before fees+0.136%+$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.032% dearer against SunX than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.046%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 7 days funding on this pair paid +0.171%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SNDK-USDT1,771.40get 0.0000% / 8h3h 24m$944$3.6M20x
ShortBloFin SNDK-USDT1,772.8−0.0120pay 0.0120% / 8h3h 24m$3.9M$4.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
−$25.2
Price spread: +0.078% → +0.046%
$3.21
Slippage, 4 orders
−$56.59
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$98.59
Costs to cover
0.766%
Break-even
never at this rate
Slippage from SunX: live order book, 3 min ago; BloFin: live order book, 9 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 SunX live order book, 3 min ago28.05 bp32.1 bp −$3261.1 bp −$611doesn't fitdoesn't fit
Sell BloFin live order book, 9 min ago0.06 bp6.4 bp −$67.9 bp −$79doesn'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-USDTshort−0.0120%8h1,772.8+0.078%$3.9M$4.4M75x
KuCoin SNDKUSDTM−0.0042%8h1,773.1+0.098%$6.1M$22.0M20xas long as short
Nado SNDK-PERP−0.0033%1h1,772.6+0.065%$345K$1.5M10xas long as short
Entropy io:SNDK−0.0029%1h1,775.2+0.215%$4.8M$19.9M10xas long as short
QFEX SNDK-USD−0.0019%1h1,771.9+0.029%$1.4M$12.0M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,774.1+0.151%$431K$2.3M10xas long as short
Aster SNDKUSD10.0000%8h1,774.9+0.195%$21.7M$32.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,772.6+0.065%$281.8M$1.81B75xas long as short
Bybit SNDKUSDT0.0000%8h1,772.6+0.065%$32.2M$101.9M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,772.6+0.068%$82.1M$825.0M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,773.9+0.143%$169K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,772.5+0.062%$176.8M$230.3M75xas long as short
Bitget SNDKUSDT0.0000%8h1,772+0.035%$44.3M$162.3M75xas long as short
Variational Omni SNDK0.0000%8h1,774.1+0.151%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,777.9+0.365%$20K$1.6M10xas long as short
Phoenix SNDK0.0000%1h1,777.5+0.344%$277K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,772.5+0.064%$14K$286K10xas long as short
SunX SNDK-USDTlong0.0000%8h1,771.4long leg$944$3.6M20x
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,772.8+0.076%$51K$346K10xas long as short
HTX SNDK-USDT0.0000%8h1,772.1+0.038%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,772.8+0.081%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0008%1h1,776.3+0.275%$734$38K5xas long as short
Lighter SNDK+0.0032%1h1,773.3+0.108%$1.7M$15.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,772.8+0.076%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,771.8+0.021%$435K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.612%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,774.7+0.186%$265K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,770.7−0.038%$580K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,772.7+0.073%$244K$651K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,772.4+0.058%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,772.5+0.062%$117.2M$151.9M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,772.2+0.045%$186K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,773.1+0.097%$725K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,772.8+0.079%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,772.2+0.045%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,773.1+0.098%$197K$288K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,776.8+0.305%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,772.2+0.046%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,772.8+0.078%$128K$353K20xas long as short
edgeX SNDKUSDC+0.0410%4h1,777+0.318%$564K$351K10xas long as short