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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0152%/8h= −16.6% APRpaid last 24h −0.020%
Price spread now: Aster against Coinbase International+0.048%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$270.268% 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)+0.001%$0 · spread now +0.048%, 7d avg −0.009%
Together, before fees−0.059%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.057% dearer against Coinbase International than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.009%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.059% in total) that is about 6.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SNDK-PERP-INTX1,7710.0152pay 0.0019% / 1h2m 52s$448K$2.1M10x
ShortAster SNDKUSD11,771.80get 0.0000% / 8h5h 02m$21.6M$32.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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
−$31.92
Price spread: +0.048% → −0.009%
$5.7
Slippage, 4 orders
−$8.8
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$53.02
Costs to cover
0.268%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Aster: 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 Coinbase International live order book, 4 min ago2.20 bp7.6 bp −$811.7 bp −$117doesn't fitdoesn't fit
Sell Aster live order book, 4 min ago0.82 bp4.8 bp −$58.9 bp −$89doesn't fitdoesn't fit

SNDK on 40 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SNDKUSD−0.0259%1h1,770.1−0.048%$168K$378K20xas long as short
BloFin SNDK-USDT−0.0120%8h1,771.3+0.018%$3.9M$4.7M75xas long as short
QFEX SNDK-USD−0.0001%1h1,770.5−0.029%$1.5M$9.3M10xas long as short
Aster SNDKUSD1short0.0000%8h1,771.8+0.048%$21.6M$32.3M20x
Binance SNDKUSDT0.0000%8h1,771.6+0.034%$282.4M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,771.4+0.024%$31.8M$107.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,772.1+0.063%$80.8M$842.4M75xas long as short
Gate SNDK_USDT0.0000%8h1,771.1+0.007%$181.4M$221.6M75xas long as short
Bitget SNDKUSDT0.0000%8h1,771.7+0.040%$48.7M$172.5M75xas long as short
Variational Omni SNDK0.0000%8h1,771.8+0.046%$2.7M$4.5Mas long as short
Show all 40 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp0.0000%8h1,771.5+0.032%$25K$2.6M10xas long as short
Phoenix SNDK0.0000%1h1,771.3+0.018%$276K$188K15xas long as short
Bullet SNDK-USD0.0000%1h1,771+0.002%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,770.5−0.025%$811$3.1M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,770.4−0.033%$19K$441K10xas long as short
HTX SNDK-USDT0.0000%8h1,770.1−0.048%$1.5M$9.8M50xas long as short
Phemex SNDKUSDT0.0000%8h1,771.3+0.018%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0023%1h1,771−0.001%$677$39K5xas long as short
Lighter RH SNDK+0.0032%1h1,771.3+0.018%$1.2M$9.8M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,770.3−0.038%$410K$2.4M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.636%$36$4K12xas long as short
Arcus SNDK-USD+0.0040%1h1,770.1−0.049%$257K$1.3M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,770.6−0.022%$574K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,770.9−0.005%$244K$699K20xas long as short
Entropy io:SNDK+0.0050%1h1,770.4−0.033%$4.5M$19.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,770.8−0.010%$188K$142K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,771.1+0.005%$725K$523K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,771.2+0.012%$1.4M$5.3M5xas long as short
Paradex SNDK-USD-PERP+0.0051%8h1,770.5−0.026%5xas long as short
Nado SNDK-PERP+0.0056%1h1,770.9−0.006%$322K$1.5M10xas long as short
tradeXYZ xyz:SNDK+0.0059%1h1,771.3+0.018%$122.2M$151.1M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,770.6−0.022%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,770.8−0.011%$193K$310K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,770.3−0.041%$6.1M$23.2M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,771.9+0.050%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,770.6−0.023%$8K$4K20xas long as short
Coinbase International SNDK-PERP-INTXlong+0.0152%1h1,771long leg$448K$2.1M10x
Lighter SNDK+0.0160%1h1,771.8+0.048%$1.8M$16.8M20xas long as short
RISEx SNDK/USDC+0.0898%1h1,772.2+0.067%$146K$1.5M20xas long as short
edgeX SNDKUSDC+0.0942%4h1,771.3+0.020%$563K$339K10xas long as short