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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0088%/8h= −9.6% APRnext payment $0.11 per $10,000 · paid last 24h −0.010%
Price spread now: Bullet against Coinbase International+0.073%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$330.333% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.025%−$2 on $10k
Price spread, last 3 days (all we have)−0.065%−$7 · spread now +0.073%, 7d avg −0.016%
Together, before fees−0.090%−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bullet is 0.088% dearer against Coinbase International than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of −0.016%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 3 days (−0.025% in total) that is about 12 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SNDK-PERP-INTX1,783.40.0088pay 0.0011% / 1h35m 16s$437K$2.3M10x
ShortBullet SNDK-USD1,784.70get 0.0000% / 1h35m 16s$14K$291K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
−$18.48
Price spread: +0.073% → −0.016%
$8.84
Slippage, 4 orders
−$15.26
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$42.9
Costs to cover
0.333%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Bullet: live order book, 34 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 ago2.13 bp9.9 bp −$1013.5 bp −$13548.5 bp −$4,854doesn't fit
Sell Bullet live order book, 34 min ago1.68 bp7.4 bp −$721.3 bp −$213doesn'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%8h1,788+0.257%$4.1M$4.5M75xas long as short
Entropy io:SNDK−0.0071%1h1,784.3+0.049%$4.9M$20.4M10xas long as short
Phoenix SNDK−0.0045%1h1,783.2−0.013%$278K$193K15xas long as short
QFEX SNDK-USD−0.0024%1h1,783.9+0.029%$1.8M$17.1M10xas long as short
Nado SNDK-PERP0.0000%1h1,784.5+0.057%$360K$1.4M10xas long as short
Aster SNDKUSD10.0000%8h1,785.1+0.094%$21.7M$39.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,784.5+0.059%$286.2M$1.83B75xas long as short
Bybit SNDKUSDT0.0000%8h1,784.9+0.081%$32.0M$100.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,784.9+0.082%$85.6M$830.8M75xas long as short
Gate SNDK_USDT0.0000%8h1,784.4+0.053%$180.4M$231.6M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT0.0000%8h1,784.4+0.053%$44.0M$167.4M75xas long as short
Variational Omni SNDK0.0000%8h1,783.8+0.021%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,783.2−0.015%$15K$1.1M10xas long as short
Bullet SNDK-USDshort0.0000%1h1,784.7+0.073%$14K$291K10x
SunX SNDK-USDT0.0000%8h1,783.6+0.011%$772$3.7M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,784.5+0.059%$51K$328K10xas long as short
HTX SNDK-USDT0.0000%8h1,784.2+0.043%$1.5M$10.4M50xas long as short
Phemex SNDKUSDT0.0000%8h1,784.5+0.062%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0005%1h1,785.4+0.112%$670$37K5xas long as short
tradeXYZ xyz:SNDK+0.0009%1h1,784.5+0.060%$114.3M$146.6M10xas long as short
Lighter SNDK+0.0032%1h1,785.3+0.104%$1.7M$16.2M20xas long as short
Lighter RH SNDK+0.0032%1h1,784.8+0.079%$1.4M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,784.5+0.059%$470K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.927%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,783.6+0.011%$312K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,783.5+0.005%$584K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,784.6+0.066%$245K$645K20xas long as short
edgeX SNDKUSDC+0.0049%4h1,783.40.000%$566K$352K10xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,784.6+0.063%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,784.2+0.043%$187K$135K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,784.1+0.036%$729K$515K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,783.9+0.026%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,784+0.030%$1K10xas long as short
Coinbase International SNDK-PERP-INTXlong+0.0088%1h1,783.4long leg$437K$2.3M10x
Pacifica SNDK+0.0100%1h1,784.5+0.063%$198K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,784.6+0.064%$6.1M$21.5M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,783−0.022%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,783.4−0.004%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0132%1h1,785.2+0.097%$130K$355K20xas long as short
RISEx SNDK/USDC+0.0257%1h1,785+0.088%$171K$1.8M20xas long as short