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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.004%
Price spread now: Bitget against Coinbase International+0.020%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$280.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 3 days (all we have)−0.041%−$4 · spread now +0.020%, 7d avg −0.021%
Together, before fees+0.036%+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.041% dearer against Coinbase International than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.021%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 hours. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SNDK-PERP-INTX1,778.60.0096pay 0.0012% / 1h41m 37s$442K$2.4M10x
ShortBitget SNDKUSDT1,7790get 0.0000% / 8h41m 37s$49.6M$170.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$20.16
Price spread: +0.020% → −0.021%
$4.12
Slippage, 4 orders
−$6.06
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$44.1
Costs to cover
0.281%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Bitget: live order book, 3 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, 2 min ago0.03 bp8.1 bp −$813.3 bp −$13334.7 bp −$3,471doesn't fit
Sell Bitget live order book, 3 min ago0.37 bp7.3 bp −$712.4 bp −$124doesn'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%8h1,779+0.022%$4.1M$4.5M75xas long as short
Entropy io:SNDK−0.0055%1h1,778.1−0.028%$4.6M$20.5M10xas long as short
QFEX SNDK-USD−0.0004%1h1,778.4−0.009%$2.2M$21.8M10xas long as short
Aster SNDKUSD10.0000%8h1,779.5+0.050%$22.0M$46.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,778.8+0.011%$284.5M$1.88B75xas long as short
Bybit SNDKUSDT0.0000%8h1,779+0.025%$31.9M$105.5M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,778.9+0.017%$87.3M$845.4M75xas long as short
Gate SNDK_USDT0.0000%8h1,778.8+0.011%$184.2M$239.3M75xas long as short
Bitget SNDKUSDTshort0.0000%8h1,779+0.020%$49.6M$170.8M75x
Variational Omni SNDK0.0000%8h1,779.1+0.028%$2.6M$4.7Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp0.0000%8h1,778.9+0.016%$12K$1.1M10xas long as short
Phoenix SNDK0.0000%1h1,778.9+0.017%$277K$195K15xas long as short
Bullet SNDK-USD0.0000%1h1,779+0.020%$14K$292K10xas long as short
SunX SNDK-USDT0.0000%8h1,778.2−0.025%$773$3.9M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,779.5+0.049%$50K$279K10xas long as short
HTX SNDK-USDT0.0000%8h1,778.9+0.016%$1.5M$11.1M50xas long as short
Phemex SNDKUSDT0.0000%8h1,778.6+0.002%$2.8M$1.0M50xas long as short
Aftermath Perps SNDKUSD+0.0012%1h1,778.5−0.006%$815$37K5xas long as short
RISEx SNDK/USDC+0.0018%1h1,779.9+0.073%$175K$1.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,778.9+0.018%$1.3M$9.9M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,778.60.000%$412K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.201%$36$15K12xas long as short
Arcus SNDK-USD+0.0040%1h1,778.3−0.016%$285K$1.7M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,778.5−0.004%$670K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,778.9+0.017%$245K$670K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,778.60.000%$113.3M$151.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,779+0.022%$197K$89K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,778.7+0.005%$727K$538K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,778.7+0.003%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,778.7+0.006%$1.4M$4.9M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,779+0.021%$1K10xas long as short
Coinbase International SNDK-PERP-INTXlong+0.0096%1h1,778.6long leg$442K$2.4M10x
Pacifica SNDK+0.0100%1h1,778.7+0.008%$212K$283K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,778.3−0.017%$6.0M$22.2M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,779.2+0.033%$68K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,778.7+0.006%$8K$2K20xas long as short
Lighter SNDK+0.0168%1h1,779.6+0.053%$1.6M$16.2M20xas long as short
Nado SNDK-PERP+0.0185%1h1,778.9+0.015%$387K$1.4M10xas long as short
Kraken Futures PF_SNDKUSD+0.0455%1h1,779.5+0.052%$129K$407K20xas long as short
edgeX SNDKUSDC+0.0576%4h1,779+0.020%$565K$356K10xas long as short