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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h +0.007%
Price spread now: Injective against Entropy+2.433%7-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−0.066%−$7 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 2.433% dearer against Entropy than usual: you sell high and buy low: +$243 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 −0.066%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:SNDK1,757.20.0006pay 0.0001% / 1h24m 33s$4.7M$19.7M10x
ShortInjective SNDK/USDC PERP1,8000.0033get 0.0004% / 1h24m 33s$36$9K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Entropy. 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
$5.83
Price spread: +2.433% → 0.000%
$243.34
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$231.16
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Entropy: live order book, 2 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 Entropy live order book, 2 min ago0.28 bp10.9 bp −$1115.8 bp −$158doesn't fitdoesn'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
Bitget SNDKUSDT−0.0321%8h1,759.4+0.125%$45.7M$163.5M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,758+0.045%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0041%8h1,757.2+0.001%$6.0M$22.1M20xas long as short
QFEX SNDK-USD−0.0004%1h1,758.6+0.081%$1.4M$10.6M10xas long as short
Aster SNDKUSD10.0000%8h1,758.8+0.093%$21.5M$33.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,758.8+0.089%$279.5M$1.84B75xas long as short
Bybit SNDKUSDT0.0000%8h1,759.6+0.135%$31.7M$103.2M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,759.3+0.120%$81.8M$827.6M75xas long as short
RISEx SNDK/USDC0.0000%1h1,758.4+0.071%$120K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,758.3+0.061%$175.1M$230.8M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,756.4−0.045%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,758.2+0.058%$15K$1.7M10xas long as short
Phoenix SNDK0.0000%1h1,755.7−0.085%$273K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,758+0.045%$14K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,758.3+0.064%$920$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,758.1+0.052%$50K$347K10xas long as short
HTX SNDK-USDT0.0000%8h1,757.2−0.001%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,758+0.043%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0005%1h1,758.8+0.088%$327K$1.5M10xas long as short
Entropy io:SNDKlong+0.0006%1h1,757.2long leg$4.7M$19.7M10x
Vest SNDK-USD-PERP+0.0007%1h1,756−0.067%$584K10xas long as short
Aftermath Perps SNDKUSD+0.0015%1h1,758.8+0.089%$654$37K5xas long as short
Pacifica SNDK+0.0024%1h1,758.1+0.051%$196K$303K10xas long as short
Lighter RH SNDK+0.0032%1h1,758.6+0.080%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,758.2+0.054%$415K$1.9M10xas long as short
Injective SNDK/USDC PERPshort+0.0033%1h1,800+2.433%$36$9K12x
Arcus SNDK-USD+0.0040%1h1,756.6−0.034%$260K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,759.5+0.131%$242K$658K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,758.3+0.063%$117.4M$156.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,758.5+0.074%$184K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,756.7−0.031%$718K$514K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,758.4+0.070%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,756.6−0.034%$1.3M$5.1M5xas long as short
Lighter SNDK+0.0064%1h1,758+0.044%$1.8M$16.2M20xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,758.9+0.097%$433K$2.3M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,758+0.046%$1K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,755.6−0.093%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,757.5+0.018%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,758.8+0.090%$126K$354K20xas long as short
edgeX SNDKUSDC+0.0391%4h1,755−0.125%$557K$351K10xas long as short