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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.036%
Price spread now: Aster against ApeX Omni−0.057%89s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.411% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.123%−$12 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.057%, 7d avg −0.020%
Together, before fees−0.022%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.038% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.020%). Swap the legs. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SNDKUSDT1,782.50.0100pay 0.0013% / 1h44m 05s$69K$270K50x
ShortAster SNDKUSD11,781.50get 0.0000% / 8h3h 44m$21.8M$33.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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
−$21
Price spread: −0.057% → −0.020%
−$3.76
Slippage, 4 orders
−$23.15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$65.91
Costs to cover
0.411%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 8 min ago; Aster: live order book, 5 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 ApeX Omni live order book, 8 min ago7.74 bp12.7 bp −$1333.9 bp −$339doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago1.38 bp5.6 bp −$611.1 bp −$111doesn'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%8h1,780.3−0.125%$4.0M$4.4M75xas long as short
Entropy io:SNDK−0.0097%1h1,781.1−0.080%$4.8M$19.9M10xas long as short
Nado SNDK-PERP−0.0045%1h1,780−0.142%$346K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0041%8h1,780.4−0.121%$6.1M$22.1M20xas long as short
QFEX SNDK-USD−0.0019%1h1,778.9−0.202%$1.4M$12.3M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,779.7−0.160%$434K$2.3M10xas long as short
Aster SNDKUSD1short0.0000%8h1,781.5−0.057%$21.8M$33.5M20x
Binance SNDKUSDT0.0000%8h1,779.1−0.190%$283.6M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,779.7−0.158%$32.4M$101.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,779.5−0.169%$83.4M$823.9M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,780.5−0.111%$170K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,779.6−0.165%$179.5M$228.9M75xas long as short
Bitget SNDKUSDT0.0000%8h1,779.8−0.155%$43.8M$162.1M75xas long as short
Variational Omni SNDK0.0000%8h1,782.2−0.017%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,779.7−0.157%$13K$1.5M10xas long as short
Phoenix SNDK0.0000%1h1,782.2−0.018%$278K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,779.3−0.181%$13K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,777.5−0.281%$857$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,779.6−0.167%$51K$345K10xas long as short
HTX SNDK-USDT0.0000%8h1,778−0.252%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,779.4−0.176%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0006%1h1,782.5−0.003%$663$38K5xas long as short
Lighter SNDK+0.0032%1h1,780.4−0.121%$1.7M$15.6M20xas long as short
Lighter RH SNDK+0.0032%1h1,780−0.142%$1.4M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,779.4−0.174%$435K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.978%$36$9K12xas long as short
edgeX SNDKUSDC+0.0036%4h1,782−0.028%$566K$353K10xas long as short
Arcus SNDK-USD+0.0040%1h1,780.8−0.095%$265K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,778.4−0.229%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,779.5−0.169%$245K$650K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,778.9−0.202%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,779.7−0.158%$117.5M$150.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,779−0.197%$187K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,779.5−0.167%$727K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,778.7−0.214%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,778.9−0.202%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,779.3−0.182%$198K$289K10xas long as short
ApeX Omni SNDKUSDTlong+0.0100%1h1,782.5long leg$69K$270K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,779.1−0.190%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,779.8−0.154%$130K$352K20xas long as short