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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.043%
Price spread now: Bybit against BloFin+0.032%82s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.275% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.032%, 7d avg +0.011%
Together, before fees−0.046%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.022% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.011%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SNDK-USDT1,772.2−0.0120get 0.0120% / 8h3h 13m$4.0M$4.4M75x
ShortBybit SNDKUSDT1,772.80get 0.0000% / 8h3h 13m$31.9M$102.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
$25.2
Price spread: +0.032% → +0.011%
$2.15
Slippage, 4 orders
−$4.48
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$0.13
Costs to cover
0.275%
Break-even
7.0 days
Slippage from BloFin: live order book, 10 min ago; Bybit: 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 BloFin live order book, 10 min ago0.11 bp6.3 bp −$67.0 bp −$70doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.48 bp7.3 bp −$79.2 bp −$9221.2 bp −$2,116doesn'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-USDTlong−0.0120%8h1,772.2long leg$4.0M$4.4M75x
KuCoin SNDKUSDTM−0.0045%8h1,771.8−0.023%$6.1M$22.1M20xas long as short
Entropy io:SNDK−0.0031%1h1,771.7−0.030%$4.8M$19.9M10xas long as short
QFEX SNDK-USD−0.0019%1h1,771.6−0.038%$1.4M$11.9M10xas long as short
Nado SNDK-PERP−0.0013%1h1,772−0.014%$342K$1.5M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,774.1+0.103%$434K$2.3M10xas long as short
Aster SNDKUSD10.0000%8h1,773.2+0.053%$21.6M$32.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,772.5+0.014%$280.9M$1.82B75xas long as short
Bybit SNDKUSDTshort0.0000%8h1,772.8+0.032%$31.9M$102.1M100x
OKX SNDK-USDT-SWAP0.0000%8h1,772.6+0.020%$82.2M$827.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,772.6+0.022%$122K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,772.4+0.008%$177.3M$231.2M75xas long as short
Bitget SNDKUSDT0.0000%8h1,772.3+0.002%$44.3M$162.6M75xas long as short
Variational Omni SNDK0.0000%8h1,773.5+0.072%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,773+0.045%$17K$1.6M10xas long as short
Phoenix SNDK0.0000%1h1,773.2+0.054%$276K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,772.2−0.001%$13K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,771.8−0.025%$1K$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,771.9−0.021%$51K$346K10xas long as short
HTX SNDK-USDT0.0000%8h1,771.5−0.040%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,771.9−0.020%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0011%1h1,772.8+0.034%$705$38K5xas long as short
Lighter SNDK+0.0032%1h1,772.9+0.037%$1.7M$15.9M20xas long as short
Lighter RH SNDK+0.0032%1h1,772.3+0.003%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,772.4+0.010%$428K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.564%$36$9K12xas long as short
Vest SNDK-USD-PERP+0.0038%1h1,769.4−0.159%$582K10xas long as short
Arcus SNDK-USD+0.0040%1h1,771.6−0.039%$264K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,772.5+0.015%$244K$653K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,771.4−0.047%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,772.1−0.008%$117.3M$152.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,772.2−0.002%$185K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,772−0.016%$724K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,771.5−0.042%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,771.8−0.026%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,771.6−0.038%$197K$289K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,772.9+0.037%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,771.7−0.029%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,772.4+0.007%$128K$353K20xas long as short
edgeX SNDKUSDC+0.0449%4h1,771.1−0.063%$562K$353K10xas long as short