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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0070%/8h= +7.6% APRpaid last 24h +0.046%
Price spread now: tradeXYZ against BloFin+0.012%88s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.313% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.075%−$8 on $10k
Price spread, last 4 days (all we have)+0.194%+$19 · spread now +0.012%, 7d avg +0.002%
Together, before fees+0.119%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.075%, so the current rate has only just turned in your favour. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SNDK-USDT1,789.6−0.0120get 0.0120% / 8h4h 59m$4.1M$4.4M75x
ShorttradeXYZ xyz:SNDK1,789.8−0.0050pay 0.0006% / 1h59m 40s$114.8M$145.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$14.65
Price spread: +0.012% → +0.002%
$0.93
Slippage, 4 orders
−$1.25
Fee BloFin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$15.67
Costs to cover
0.313%
Break-even
14.5 days
Slippage from BloFin: live order book, 4 min ago; tradeXYZ: live order book, 10 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, 4 min ago0.06 bp6.1 bp −$66.9 bp −$6910.5 bp −$1,051doesn't fit
Sell tradeXYZ live order book, 10 min ago0.28 bp9.6 bp −$1010.1 bp −$10114.7 bp −$1,474doesn'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%8h1,789.6long leg$4.1M$4.4M75x
Entropy io:SNDK−0.0119%1h1,789.8+0.012%$4.9M$20.0M10xas long as short
Phoenix SNDK−0.0090%1h1,789.9+0.017%$279K$193K15xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0052%1h1,790.1+0.030%$51K$343K10xas long as short
Nado SNDK-PERP−0.0050%1h1,791+0.080%$361K$1.4M10xas long as short
tradeXYZ xyz:SNDKshort−0.0050%1h1,789.8+0.012%$114.8M$145.8M10x
QFEX SNDK-USD−0.0023%1h1,789.8+0.009%$1.5M$14.3M10xas long as short
Aster SNDKUSD10.0000%8h1,789.7+0.007%$21.8M$35.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,789.8+0.010%$287.1M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,790.3+0.039%$32.5M$99.9M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,790+0.023%$85.0M$825.5M75xas long as short
RISEx SNDK/USDC0.0000%1h1,791+0.080%$170K$1.8M20xas long as short
Gate SNDK_USDT0.0000%8h1,790+0.025%$180.1M$230.4M75xas long as short
Bitget SNDKUSDT0.0000%8h1,789.8+0.014%$43.9M$161.7M75xas long as short
Variational Omni SNDK0.0000%8h1,789−0.032%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,789.5−0.005%$14K$1.3M10xas long as short
Bullet SNDK-USD0.0000%1h1,789.7+0.009%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,788.2−0.075%$955$3.6M20xas long as short
HTX SNDK-USDT0.0000%8h1,789.3−0.018%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,789.8+0.013%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0002%1h1,789.8+0.014%$666$37K5xas long as short
Coinbase International SNDK-PERP-INTX+0.0024%1h1,785.7−0.217%$439K$2.3M10xas long as short
Lighter SNDK+0.0032%1h1,791+0.081%$1.7M$15.6M20xas long as short
Lighter RH SNDK+0.0032%1h1,790.5+0.051%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,790.5+0.049%$450K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.579%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,788.4−0.064%$313K$1.5M10xas long as short
KuCoin SNDKUSDTM+0.0041%8h1,788.8−0.045%$6.1M$22.1M20xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.1+0.031%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,789.9+0.017%$246K$647K20xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,789.7+0.008%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,789.4−0.011%$188K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,790+0.020%$732K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,789.4−0.011%$1.4M$5.1M5xas long as short
Kraken Futures PF_SNDKUSD+0.0058%1h1,790.3+0.038%$130K$352K20xas long as short
Aevo SNDK-PERP+0.0080%1h1,789.4−0.012%$1K10xas long as short
Pacifica SNDK+0.0094%1h1,789.9+0.017%$199K$287K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,789.6+0.002%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,789.4−0.013%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0142%4h1,789.8+0.011%$568K$353K10xas long as short