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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.009%
Price spread now: Injective against Bybit+0.666%88s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.153%−$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.666% dearer against Bybit than usual: you sell high and buy low: +$67 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.153%, 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
LongBybit SNDKUSDT1,788.10get 0.0000% / 8h6h 57m$31.9M$100.0M100x
ShortInjective SNDK/USDC PERP1,8000.0033get 0.0004% / 1h57m 50s$36$9K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Bybit. 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
$7
Price spread: +0.666% → 0.000%
$66.61
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$62.59
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bybit: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.34 bp8.1 bp −$813.2 bp −$13239.3 bp −$3,926doesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Entropy io:SNDK−0.0197%1h1,789.2+0.064%$4.8M$20.4M10xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0180%1h1,787.9−0.007%$51K$328K10xas long as short
BloFin SNDK-USDT−0.0120%8h1,788.9+0.045%$4.1M$4.5M75xas long as short
tradeXYZ xyz:SNDK−0.0070%1h1,787.7−0.020%$114.8M$146.5M10xas long as short
QFEX SNDK-USD−0.0024%1h1,788−0.003%$1.9M$18.3M10xas long as short
Ondo Perps SNDK-USD.P−0.0003%1h1,788.5+0.025%$1.4M$5.1M5xas long as short
Nado SNDK-PERP−0.0001%1h1,789.7+0.091%$347K$1.4M10xas long as short
Aster SNDKUSD10.0000%8h1,788.8+0.041%$21.8M$42.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,787.6−0.024%$286.9M$1.83B75xas long as short
Bybit SNDKUSDTlong0.0000%8h1,788.1long leg$31.9M$100.0M100x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,787.8−0.014%$86.6M$831.4M75xas long as short
Gate SNDK_USDT0.0000%8h1,787.7−0.022%$182.1M$230.2M75xas long as short
Bitget SNDKUSDT0.0000%8h1,787.9−0.010%$47.9M$163.9M75xas long as short
Variational Omni SNDK0.0000%8h1,789.2+0.066%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,788.9+0.046%$21K$1.1M10xas long as short
Phoenix SNDK0.0000%1h1,789.8+0.098%$279K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,788.1+0.003%$13K$292K10xas long as short
SunX SNDK-USDT0.0000%8h1,786.9−0.064%$593$3.7M20xas long as short
HTX SNDK-USDT0.0000%8h1,787.2−0.048%$1.5M$10.3M50xas long as short
Phemex SNDKUSDT0.0000%8h1,787.3−0.041%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0006%1h1,790+0.111%$746$37K5xas long as short
Popdex SNDKUSDT+0.0016%1h1,788.4+0.020%$246K$644K20xas long as short
Lighter SNDK+0.0032%1h1,788.7+0.039%$1.7M$16.1M20xas long as short
Lighter RH SNDK+0.0032%1h1,788.3+0.016%$1.3M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,788.6+0.029%$458K$1.6M10xas long as short
Injective SNDK/USDC PERPshort+0.0033%1h1,800+0.666%$36$9K12x
Arcus SNDK-USD+0.0040%1h1,788.8+0.041%$306K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,788.4+0.020%$585K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,788.6+0.031%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,788.2+0.008%$187K$135K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,787.4−0.037%$731K$515K10xas long as short
Aevo SNDK-PERP+0.0080%1h1,787.7−0.019%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0088%1h1,792.4+0.242%$442K$2.3M10xas long as short
Pacifica SNDK+0.0100%1h1,788.5+0.028%$199K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,788.7+0.035%$6.1M$21.8M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,789.1+0.058%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,787.7−0.020%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0131%1h1,788.3+0.012%$130K$366K20xas long as short
edgeX SNDKUSDC+0.0164%4h1,789.4+0.076%$568K$354K10xas long as short
RISEx SNDK/USDC+0.0257%1h1,789.5+0.080%$171K$1.8M20xas long as short