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−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.020%
Price spread now: RISEx against ApeX Omni−0.177%54s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.377% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.231%+$23 · spread now −0.177%, 7d avg +0.004%
Together, before fees+0.177%+$18 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 RISEx is 0.181% cheaper against ApeX Omni than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.004%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SNDKUSDT1,751.60.0100pay 0.0013% / 1h34m 20s$67K$270K50x
ShortRISEx SNDK/USDC1,748.50get 0.0000% / 1h34m 20s$135K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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: −0.177% → +0.004%
−$18.1
Slippage, 4 orders
−$21.72
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$76.82
Costs to cover
0.377%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 63 min ago; RISEx: live order book, 4 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, 63 min ago8.20 bp14.2 bp −$1436.6 bp −$366doesn't fitdoesn't fit
Sell RISEx live order book, 4 min ago1.74 bp4.7 bp −$56.0 bp −$60doesn'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−0.0845%8h1,750.4−0.067%$21K$2.2M10xas long as short
HTX SNDK-USDT−0.0412%8h1,749.8−0.100%$1.4M$10.5M50xas long as short
Bitget SNDKUSDT−0.0245%8h1,748.1−0.198%$49.3M$167.1M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,749.5−0.121%$4.0M$4.5M75xas long as short
Nado SNDK-PERP−0.0075%1h1,749.8−0.099%$332K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0044%8h1,747.5−0.232%$6.0M$22.5M20xas long as short
QFEX SNDK-USD−0.0002%1h1,747−0.263%$1.4M$9.6M10xas long as short
Aster SNDKUSD10.0000%8h1,749.5−0.119%$21.3M$32.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,749.2−0.134%$279.7M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,749−0.147%$31.6M$104.3M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,750.6−0.056%$81.8M$822.8M75xas long as short
RISEx SNDK/USDCshort0.0000%1h1,748.5−0.177%$135K$1.6M20x
Gate SNDK_USDT0.0000%8h1,748.4−0.184%$178.4M$218.2M75xas long as short
Variational Omni SNDK0.0000%8h1,748.8−0.157%$2.5M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,751.1−0.027%$273K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,747.6−0.227%$14K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,747.8−0.218%$790$3.3M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,751.1−0.028%$50K$360K10xas long as short
Phemex SNDKUSDT0.0000%8h1,749.8−0.104%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0006%1h1,745.4−0.352%$577K10xas long as short
Aftermath Perps SNDKUSD+0.0011%1h1,751.5−0.006%$727$38K5xas long as short
Lighter SNDK+0.0032%1h1,749−0.147%$1.7M$16.4M20xas long as short
Lighter RH SNDK+0.0032%1h1,748.2−0.195%$1.2M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,748.9−0.152%$448K$2.0M10xas long as short
Entropy io:SNDK+0.0032%1h1,750−0.090%$4.5M$19.5M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.762%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,746.4−0.295%$249K$1.5M10xas long as short
Paradex SNDK-USD-PERP+0.0047%8h1,748.9−0.154%5xas long as short
Popdex SNDKUSDT+0.0048%1h1,747−0.261%$240K$630K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,746.5−0.290%$118.3M$158.6M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,746.5−0.290%$183K$127K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,749.4−0.124%$715K$521K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,749.3−0.130%$1.3M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,747.4−0.237%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,748.7−0.166%$196K$310K10xas long as short
ApeX Omni SNDKUSDTlong+0.0100%1h1,751.6long leg$67K$270K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,749.5−0.118%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,749.2−0.138%$426K$2.1M10xas long as short
edgeX SNDKUSDC+0.0127%4h1,751.2−0.022%$556K$350K10xas long as short
Kraken Futures PF_SNDKUSD+0.0285%1h1,750−0.089%$127K$344K20xas long as short