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+0.0235%/8h= +25.7% APRnext payment +$0.29 per $10,000 · paid last 24h +0.073%
Price spread now: Kraken Futures against tradeXYZ+0.057%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs+$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$540.537% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.747%+$75 on $10k
Price spread, last 4 days (all we have)−0.225%−$23 · spread now +0.057%, 7d avg 0.000%
Together, before fees+0.522%+ Points / potential airdroptradeXYZ: Active · farm board+$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.057% dearer against tradeXYZ than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SNDK1,751.80.0050pay 0.0006% / 1h20m 02s$118.9M$158.8M10x
ShortKraken Futures PF_SNDKUSD1,752.80.0285get 0.0036% / 1h20m 02s$128K$350K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$49.35
Price spread: +0.057% → 0.000%
$5.73
Slippage, 4 orders
−$25.65
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$1.43
Costs to cover
0.537%
Break-even
6.8 days
Slippage from tradeXYZ: live order book, 10 min ago; Kraken Futures: live order book, 13 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, 10 min ago0.29 bp9.3 bp −$910.0 bp −$10013.7 bp −$1,368doesn't fit
Sell Kraken Futures live order book, 13 min ago3.44 bp13.6 bp −$1446.8 bp −$468doesn'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−0.0285%8h1,747.9−0.221%$19K$2.2M10xas long as short
Bitget SNDKUSDT−0.0212%8h1,752.6+0.048%$49.8M$168.2M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,752.3+0.029%$4.0M$4.6M75xas long as short
KuCoin SNDKUSDTM−0.0035%8h1,751.8+0.001%$6.0M$22.6M20xas long as short
Nado SNDK-PERP−0.0013%1h1,751.2−0.036%$333K$1.5M10xas long as short
QFEX SNDK-USD−0.0002%1h1,752.3+0.031%$1.4M$9.6M10xas long as short
Aster SNDKUSD10.0000%8h1,753.5+0.098%$21.4M$32.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,753.2+0.080%$279.1M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,753.2+0.079%$32.0M$105.1M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,753+0.069%$82.1M$826.7M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,752.3+0.027%$136K$1.5M20xas long as short
Gate SNDK_USDT0.0000%8h1,752.3+0.030%$179.9M$220.5M75xas long as short
Variational Omni SNDK0.0000%8h1,752.6+0.044%$2.5M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,747.4−0.251%$272K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,752.5+0.040%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,752.2+0.022%$792$3.3M20xas long as short
HTX SNDK-USDT0.0000%8h1,751.8−0.001%$1.4M$10.0M50xas long as short
Phemex SNDKUSDT0.0000%8h1,752.4+0.035%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0012%1h1,751.1−0.040%$581K10xas long as short
Aftermath Perps SNDKUSD+0.0013%1h1,748.2−0.207%$704$38K5xas long as short
Lighter SNDK+0.0032%1h1,753.1+0.073%$1.7M$16.6M20xas long as short
Lighter RH SNDK+0.0032%1h1,752.6+0.047%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,751.9+0.004%$383K$2.2M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.749%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,751.1−0.038%$250K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,752.5+0.040%$245K$668K20xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,751.6−0.013%5xas long as short
tradeXYZ xyz:SNDKlong+0.0050%1h1,751.8long leg$118.9M$158.8M10x
Entropy io:SNDK+0.0050%1h1,749.7−0.120%$4.5M$19.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,750.6−0.069%$184K$129K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,751.6−0.013%$716K$521K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,751.6−0.011%$1.3M$5.3M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,751.7−0.005%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,752+0.013%$196K$310K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,748.1−0.213%$67K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,751.2−0.032%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,752.9+0.061%$427K$2.1M10xas long as short
Kraken Futures PF_SNDKUSDshort+0.0285%1h1,752.8+0.057%$128K$350K20x
Deribit SNDK_USDC-PERPETUAL+0.0304%1h1,753+0.071%$50K$360K10xas long as short
edgeX SNDKUSDC+0.0926%4h1,747.1−0.265%$555K$349K10xas long as short