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+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: ApeX Omni against tradeXYZ+0.202%105s7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.133%+$13 on $10k
Price spread, last 4 days (all we have)−0.306%−$31 · spread now +0.202%, 7d avg +0.016%
Together, before fees−0.172%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.185% dearer against tradeXYZ than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.016%. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SNDK1,784.30.0006pay 0.0001% / 1h37m 46s$114.2M$146.5M10x
ShortApeX Omni SNDKUSDT1,787.90.0100get 0.0013% / 1h37m 46s$69K$269K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against tradeXYZ. 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
$19.68
Price spread: +0.202% → +0.016%
$18.55
Slippage, 4 orders
−$16.47
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$6.25
Costs to cover
0.445%
Break-even
9.2 days
Slippage from tradeXYZ: live order book, 11 min ago; ApeX Omni: live order book, 29 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 tradeXYZ live order book, 11 min ago0.28 bp9.8 bp −$1010.8 bp −$10813.8 bp −$1,378doesn't fit
Sell ApeX Omni live order book, 29 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+0.208%$4.1M$4.5M75xas long as short
Entropy io:SNDK−0.0091%1h1,784.9+0.034%$4.9M$20.3M10xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0086%1h1,783.6−0.038%$51K$328K10xas long as short
Phoenix SNDK−0.0045%1h1,786.8+0.140%$278K$193K15xas long as short
QFEX SNDK-USD−0.0024%1h1,782.5−0.101%$1.8M$17.3M10xas long as short
Aster SNDKUSD10.0000%8h1,785.3+0.059%$21.7M$39.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,784.3−0.001%$286.2M$1.83B75xas long as short
Bybit SNDKUSDT0.0000%8h1,784.7+0.024%$32.0M$100.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,784.7+0.022%$85.7M$830.2M75xas long as short
Gate SNDK_USDT0.0000%8h1,784−0.017%$180.3M$231.4M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT0.0000%8h1,784.6+0.016%$44.0M$167.5M75xas long as short
Variational Omni SNDK0.0000%8h1,786.9+0.147%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,787.3+0.169%$15K$1.1M10xas long as short
Bullet SNDK-USD0.0000%1h1,783−0.072%$15K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,782.2−0.118%$994$3.7M20xas long as short
HTX SNDK-USDT0.0000%8h1,782.9−0.080%$1.4M$10.4M50xas long as short
Phemex SNDKUSDT0.0000%8h1,783.7−0.035%$2.8M$1.1M50xas long as short
Nado SNDK-PERP0.0000%1h1,783.7−0.034%$360K$1.4M10xas long as short
Aftermath Perps SNDKUSD+0.0005%1h1,786.6+0.129%$671$37K5xas long as short
tradeXYZ xyz:SNDKlong+0.0006%1h1,784.3long leg$114.2M$146.5M10x
Lighter SNDK+0.0032%1h1,785.3+0.058%$1.7M$16.2M20xas long as short
Lighter RH SNDK+0.0032%1h1,784.9+0.033%$1.4M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,784.9+0.034%$469K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.878%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,784.5+0.011%$311K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,782.8−0.086%$584K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,783−0.073%$246K$645K20xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,784.2−0.008%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,782.6−0.095%$187K$135K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,783.6−0.042%$729K$515K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,782.4−0.106%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,782.9−0.078%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0088%1h1,783.4−0.049%$437K$2.3M10xas long as short
Pacifica SNDK+0.0100%1h1,784.5+0.012%$198K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,785.1+0.043%$6.1M$21.5M20xas long as short
ApeX Omni SNDKUSDTshort+0.0100%1h1,787.9+0.202%$69K$269K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,782.7−0.091%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0132%1h1,783.6−0.037%$130K$364K20xas long as short
RISEx SNDK/USDC+0.0257%1h1,783.8−0.027%$171K$1.8M20xas long as short
edgeX SNDKUSDC+0.0279%4h1,787.4+0.172%$568K$351K10xas long as short