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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Popdex against SunX−0.094%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$800.796% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.047%+$5 on $10k
Price spread, last 4 days (all we have)+0.250%+$25 · spread now −0.094%, 7d avg +0.042%
Together, before fees+0.297%+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Popdex is 0.137% cheaper against SunX than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of +0.042%). If the spread goes back, that is −$14 on $10k: about 9.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SNDK-USDT1,746.60get 0.0000% / 8h7h 27m$849$3.3M20x
ShortPopdex SNDKUSDT1,744.90.0048get 0.0006% / 1h27m 23s$247K$666K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$10.08
Price spread: −0.094% → +0.042%
−$13.66
Slippage, 4 orders
−$65.19
Fee SunX: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$83.17
Costs to cover
0.796%
Break-even
64.8 days
Slippage from SunX: live order book, 11 min ago; Popdex: live order book, 7 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, 11 min ago28.05 bp32.0 bp −$3261.1 bp −$611doesn't fitdoesn't fit
Sell Popdex live order book, 7 min ago4.29 bp7.5 bp −$712.5 bp −$125doesn'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
GRVT SNDK_USDT_Perp−0.0473%8h1,744.4−0.121%$22K$2.2M10xas long as short
HTX SNDK-USDT−0.0348%8h1,743.9−0.153%$1.4M$10.6M50xas long as short
Bitget SNDKUSDT−0.0235%8h1,745.5−0.062%$49.8M$168.0M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,743.1−0.199%$4.0M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0049%8h1,745.4−0.067%$6.0M$22.6M20xas long as short
Nado SNDK-PERP−0.0045%1h1,746−0.032%$332K$1.5M10xas long as short
QFEX SNDK-USD−0.0002%1h1,745−0.089%$1.4M$9.6M10xas long as short
Aster SNDKUSD10.0000%8h1,746−0.032%$21.3M$32.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,746−0.030%$278.6M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,746.1−0.027%$31.7M$104.9M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,745.9−0.037%$81.6M$823.2M75xas long as short
RISEx SNDK/USDC0.0000%1h1,744.4−0.123%$135K$1.5M20xas long as short
Gate SNDK_USDT0.0000%8h1,745.9−0.040%$178.2M$219.4M75xas long as short
Variational Omni SNDK0.0000%8h1,746.4−0.009%$2.5M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,742.8−0.215%$271K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,745.8−0.041%$14K$291K10xas long as short
SunX SNDK-USDTlong0.0000%8h1,746.6long leg$849$3.3M20x
Phemex SNDKUSDT0.0000%8h1,745.8−0.042%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0007%1h1,742.8−0.218%$585K10xas long as short
Aftermath Perps SNDKUSD+0.0012%1h1,745.7−0.049%$667$38K5xas long as short
Lighter SNDK+0.0032%1h1,745.6−0.056%$1.7M$16.5M20xas long as short
Lighter RH SNDK+0.0032%1h1,744.8−0.101%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,745.7−0.049%$393K$2.1M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+3.058%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,743.9−0.153%$249K$1.4M10xas long as short
Paradex SNDK-USD-PERP+0.0047%8h1,745.2−0.077%5xas long as short
Popdex SNDKUSDTshort+0.0048%1h1,744.9−0.094%$247K$666K20x
tradeXYZ xyz:SNDK+0.0050%1h1,744.8−0.100%$118.4M$159.4M10xas long as short
Entropy io:SNDK+0.0050%1h1,745.7−0.049%$4.5M$19.6M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,743.9−0.152%$183K$127K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,742.7−0.223%$713K$521K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,744.9−0.094%$1.3M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,745.4−0.065%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,745.6−0.052%$196K$310K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,745.5−0.061%$67K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,745.5−0.061%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,745.2−0.078%$424K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0286%1h1,746−0.029%$127K$350K20xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0352%1h1,746−0.031%$50K$360K10xas long as short
edgeX SNDKUSDC+0.0713%4h1,745−0.089%$554K$352K10xas long as short