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+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: SoDEX against Bybit−0.042%56s7-day average −0.028% · you buy dearer than you sell
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−$300.299% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.036%+$4 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now −0.042%, 7d avg −0.028%
Together, before fees+0.036%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SNDKUSDT1,791.10get 0.0000% / 8h4h 07m$32.8M$100.5M100x
ShortSoDEX SNDK-USD1,790.40.0050get 0.0006% / 1h7m 26s$732K$514K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$10.5
Price spread: −0.042% → −0.028%
−$1.37
Slippage, 4 orders
−$10.85
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$20.72
Costs to cover
0.299%
Break-even
20.8 days
Slippage from Bybit: live order book, 2 min ago; SoDEX: live order book, 51 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 Bybit live order book, 2 min ago0.31 bp8.0 bp −$810.2 bp −$10232.0 bp −$3,203doesn't fit
Sell SoDEX live order book, 51 min ago0.03 bp7.6 bp −$838.5 bp −$385doesn'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
BloFin SNDK-USDT−0.0120%8h1,790.6−0.032%$4.0M$4.4M75xas long as short
Phoenix SNDK−0.0089%1h1,790.6−0.029%$279K$193K15xas long as short
Nado SNDK-PERP−0.0066%1h1,791.10.000%$349K$1.5M10xas long as short
Entropy io:SNDK−0.0042%1h1,790.3−0.046%$4.9M$19.8M10xas long as short
QFEX SNDK-USD−0.0033%1h1,790.3−0.049%$1.4M$13.1M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0032%1h1,791.2+0.006%$437K$2.3M10xas long as short
KuCoin SNDKUSDTM−0.0019%8h1,790−0.065%$6.1M$22.3M20xas long as short
Aster SNDKUSD10.0000%8h1,791.1−0.001%$21.8M$35.8M20xas long as short
Binance SNDKUSDT0.0000%8h1,790.6−0.027%$285.8M$1.80B75xas long as short
Bybit SNDKUSDTlong0.0000%8h1,791.1long leg$32.8M$100.5M100x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,790.9−0.012%$83.9M$827.4M75xas long as short
RISEx SNDK/USDC0.0000%1h1,791.7+0.034%$171K$1.7M20xas long as short
Gate SNDK_USDT0.0000%8h1,790.6−0.030%$180.3M$231.1M75xas long as short
Bitget SNDKUSDT0.0000%8h1,790.7−0.025%$44.0M$161.7M75xas long as short
Variational Omni SNDK0.0000%8h1,790.2−0.052%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,790.6−0.029%$14K$1.4M10xas long as short
Bullet SNDK-USD0.0000%1h1,790.7−0.026%$13K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,789.1−0.113%$964$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,790.8−0.017%$51K$345K10xas long as short
HTX SNDK-USDT0.0000%8h1,790.1−0.055%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790.5−0.036%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0004%1h1,790.6−0.031%$697$38K5xas long as short
Lighter SNDK+0.0032%1h1,791.7+0.030%$1.7M$15.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,791.3+0.008%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,790.5−0.034%$451K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.494%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,789.2−0.109%$278K$1.4M10xas long as short
Kraken Futures PF_SNDKUSD+0.0044%1h1,790.9−0.013%$130K$352K20xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.3−0.046%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,790.7−0.023%$247K$648K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,790.4−0.038%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,791−0.007%$118.7M$149.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,790.2−0.051%$188K$128K10xas long as short
SoDEX SNDK-USDshort+0.0050%1h1,790.4−0.042%$732K$514K10x
Ondo Perps SNDK-USD.P+0.0050%1h1,790.6−0.029%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,790.2−0.051%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,790.7−0.024%$199K$287K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,791.4+0.013%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,790−0.061%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0687%4h1,790.1−0.056%$569K$351K10xas long as short