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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: OKX against BloFin+0.011%63s7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.235% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.059%−$6 on $10k
Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.011%, 7d avg −0.012%
Together, before fees−0.043%−$4 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 OKX is 0.023% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SNDK-USDT1,752.3−0.0120get 0.0120% / 8h7h 20m$4.0M$4.6M75x
ShortOKX SNDK-USDT-SWAP1,752.50get 0.0000% / 8h7h 20m$82.1M$826.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.011% → −0.012%
$2.3
Slippage, 4 orders
−$1.51
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$3.98
Costs to cover
0.235%
Break-even
5.9 days
Slippage from BloFin: live order book, 3 min ago; OKX: 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 BloFin live order book, 3 min ago0.34 bp6.3 bp −$68.2 bp −$8214.2 bp −$1,423doesn't fit
Sell OKX live order book, 4 min ago0.29 bp5.3 bp −$55.8 bp −$5811.9 bp −$1,19351.0 bp −$25.5K

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%8h1,747.9−0.249%$19K$2.2M10xas long as short
Bitget SNDKUSDT−0.0212%8h1,752−0.019%$49.8M$168.2M75xas long as short
BloFin SNDK-USDTlong−0.0120%8h1,752.3long leg$4.0M$4.6M75x
KuCoin SNDKUSDTM−0.0035%8h1,751.9−0.022%$6.0M$22.6M20xas long as short
Nado SNDK-PERP−0.0013%1h1,751.2−0.065%$333K$1.5M10xas long as short
QFEX SNDK-USD−0.0002%1h1,752.3+0.002%$1.4M$9.6M10xas long as short
Aster SNDKUSD10.0000%8h1,753+0.040%$21.4M$32.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,752.4+0.005%$279.0M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,752.7+0.023%$32.0M$105.0M100xas long as short
OKX SNDK-USDT-SWAPshort0.0000%8h1,752.5+0.011%$82.1M$826.2M75x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,752.3−0.001%$136K$1.5M20xas long as short
Gate SNDK_USDT0.0000%8h1,752.3+0.001%$179.9M$220.5M75xas long as short
Variational Omni SNDK0.0000%8h1,752.6+0.015%$2.5M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,747.4−0.280%$272K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,752.5+0.011%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,752.2−0.007%$792$3.3M20xas long as short
HTX SNDK-USDT0.0000%8h1,751.8−0.030%$1.4M$10.0M50xas long as short
Phemex SNDKUSDT0.0000%8h1,752.4+0.006%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0012%1h1,751.1−0.068%$581K10xas long as short
Aftermath Perps SNDKUSD+0.0013%1h1,748.2−0.235%$704$38K5xas long as short
Lighter SNDK+0.0032%1h1,753.1+0.045%$1.7M$16.6M20xas long as short
Lighter RH SNDK+0.0032%1h1,752.6+0.019%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,751.1−0.071%$385K$2.2M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.720%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,751.1−0.067%$250K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,752.5+0.011%$245K$668K20xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,751.6−0.042%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,751.8−0.029%$118.9M$158.8M10xas long as short
Entropy io:SNDK+0.0050%1h1,749.7−0.148%$4.5M$19.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,750.6−0.097%$184K$129K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,751.6−0.042%$716K$521K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,751.6−0.040%$1.3M$5.3M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,751.7−0.033%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,752−0.015%$196K$310K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,748.1−0.241%$67K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,751.2−0.060%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,752.9+0.032%$427K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0285%1h1,752.8+0.028%$128K$350K20xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0304%1h1,753+0.042%$50K$360K10xas long as short
edgeX SNDKUSDC+0.0926%4h1,747.1−0.294%$555K$349K10xas long as short