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+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: ApeX Omni against Bullet+0.085%66s7-day average +0.027% · you sell dearer than you buy
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−$410.408% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.119%+$12 on $10k
Price spread, last 4 days (all we have)+0.104%+$10 · spread now +0.085%, 7d avg +0.027%
Together, before fees+0.224%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.058% dearer against Bullet than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.027%. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SNDK-USD1,760.60get 0.0000% / 1h32m 16s$14K$290K10x
ShortApeX Omni SNDKUSDT1,762.10.0100get 0.0013% / 1h32m 16s$68K$270K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bullet. 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: +0.085% → +0.027%
$5.84
Slippage, 4 orders
−$22.83
Fee Bullet: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$14
Costs to cover
0.408%
Break-even
11.7 days
Slippage from Bullet: live order book, 7 min ago; ApeX Omni: 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 Bullet live order book, 7 min ago0.57 bp6.3 bp −$620.0 bp −$200doesn't fitdoesn't fit
Sell ApeX Omni live order book, 5 min ago8.20 bp14.1 bp −$1440.8 bp −$408doesn'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
Bitget SNDKUSDT−0.0270%8h1,761.2+0.032%$48.4M$166.0M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,761.1+0.029%$3.9M$4.6M75xas long as short
Nado SNDK-PERP−0.0015%1h1,761.5+0.050%$330K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0015%8h1,761.2+0.033%$6.0M$22.3M20xas long as short
QFEX SNDK-USD−0.0001%1h1,761+0.023%$1.4M$10.0M10xas long as short
Aster SNDKUSD10.0000%8h1,762.3+0.098%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,761+0.024%$279.8M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,761.2+0.036%$31.7M$103.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,761.4+0.045%$82.3M$833.8M75xas long as short
RISEx SNDK/USDC0.0000%1h1,762.2+0.093%$120K$1.6M20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,760.9+0.014%$177.7M$228.4M75xas long as short
Variational Omni SNDK0.0000%8h1,761.1+0.026%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,762.3+0.098%$16K$2.1M10xas long as short
Phoenix SNDK0.0000%1h1,762.4+0.102%$275K$193K15xas long as short
Bullet SNDK-USDlong0.0000%1h1,760.6long leg$14K$290K10x
SunX SNDK-USDT0.0000%8h1,760.7+0.007%$828$3.4M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,760.8+0.012%$51K$353K10xas long as short
HTX SNDK-USDT0.0000%8h1,760.4−0.014%$1.4M$10.5M50xas long as short
Phemex SNDKUSDT0.0000%8h1,760.9+0.016%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0013%1h1,761.9+0.071%$673$38K5xas long as short
Vest SNDK-USD-PERP+0.0017%1h1,759.3−0.073%$579K10xas long as short
Lighter SNDK+0.0032%1h1,762+0.077%$1.8M$16.3M20xas long as short
Lighter RH SNDK+0.0032%1h1,761.2+0.032%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,761.3+0.040%$493K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.236%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,760.6−0.001%$254K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,761.1+0.028%$243K$652K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,761+0.023%$119.6M$159.7M10xas long as short
Entropy io:SNDK+0.0050%1h1,761.7+0.062%$4.6M$19.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,759.8−0.045%$185K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,760.7+0.008%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,760.9+0.016%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,760.9+0.017%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,760.4−0.011%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,761.1+0.031%$197K$308K10xas long as short
ApeX Omni SNDKUSDTshort+0.0100%1h1,762.1+0.085%$68K$270K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,760.3−0.016%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,762.4+0.103%$429K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0274%1h1,761.1+0.030%$127K$339K20xas long as short
edgeX SNDKUSDC+0.0798%4h1,761.8+0.070%$560K$351K10xas long as short