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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0069%/8h= −7.6% APRpaid last 24h −0.004%
Price spread now: Bitget against tradeXYZ+0.023%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$340.344% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.125%+$12 on $10k
Price spread, last 7 days+0.041%+$4 · spread now +0.023%, 7d avg +0.052%
Together, before fees+0.166%+ Points / potential airdroptradeXYZ: Active · farm board+$17 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 0.029% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.052%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.125%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SNDK1,768.70.0050pay 0.0006% / 1h46m 16s$117.7M$154.1M10x
ShortBitget SNDKUSDT1,769.1−0.0019pay 0.0019% / 8h2h 46m$44.6M$162.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$14.49
Price spread: +0.023% → +0.052%
−$2.9
Slippage, 4 orders
−$4.39
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$51.78
Costs to cover
0.344%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Bitget: live order book, 3 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, 4 min ago0.56 bp9.6 bp −$1010.2 bp −$102doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago0.37 bp7.8 bp −$811.0 bp −$110doesn'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%8h1,768.8+0.003%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0043%8h1,769.3+0.032%$6.1M$22.1M20xas long as short
Bitget SNDKUSDTshort−0.0019%8h1,769.1+0.023%$44.6M$162.5M75x
Nado SNDK-PERP−0.0019%1h1,770+0.074%$336K$1.5M10xas long as short
Entropy io:SNDK−0.0004%1h1,769.6+0.051%$4.8M$19.8M10xas long as short
QFEX SNDK-USD−0.0004%1h1,769.5+0.046%$1.4M$11.2M10xas long as short
Aster SNDKUSD10.0000%8h1,769.7+0.058%$21.6M$32.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,768.8+0.007%$279.8M$1.83B75xas long as short
Bybit SNDKUSDT0.0000%8h1,769+0.014%$31.7M$103.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,769.1+0.023%$82.7M$829.9M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,770.7+0.113%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,768.9+0.011%$177.5M$228.7M75xas long as short
Variational Omni SNDK0.0000%8h1,772.2+0.199%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,772.5+0.216%$22K$1.7M10xas long as short
Phoenix SNDK0.0000%1h1,770.1+0.079%$276K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,768.8+0.006%$14K$285K10xas long as short
SunX SNDK-USDT0.0000%8h1,768.8+0.007%$677$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,768.5−0.011%$51K$347K10xas long as short
HTX SNDK-USDT0.0000%8h1,768.3−0.025%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,768.7+0.001%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0012%1h1,770.1+0.077%$686$38K5xas long as short
Vest SNDK-USD-PERP+0.0014%1h1,767−0.099%$586K10xas long as short
Pacifica SNDK+0.0024%1h1,769.8+0.062%$197K$304K10xas long as short
Lighter RH SNDK+0.0032%1h1,769.9+0.065%$1.3M$9.3M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,768.5−0.010%$423K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.767%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,768.9+0.012%$263K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,768.8+0.006%$243K$653K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,769.3+0.035%5xas long as short
tradeXYZ xyz:SNDKlong+0.0050%1h1,768.7long leg$117.7M$154.1M10x
Polymarket Perps SNDK-USD+0.0050%1h1,767.8−0.051%$185K$132K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,768.4−0.017%$1.4M$5.1M5xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,773.7+0.284%$435K$2.4M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,768.5−0.012%$1K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,772.7+0.224%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,768.1−0.036%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0121%1h1,769.4+0.040%$128K$355K20xas long as short
Lighter SNDK+0.0128%1h1,769.5+0.047%$1.7M$15.8M20xas long as short
SoDEX SNDK-USD+0.0147%1h1,768.9+0.011%$723K$513K10xas long as short
edgeX SNDKUSDC+0.0156%4h1,771.9+0.180%$563K$353K10xas long as short