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−0.0031%/8h= −3.4% APRnext payment $0.04 per $10,000 · paid last 24h −0.014%
Price spread now: QFEX against Extended−0.063%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$270.273% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.017%−$2 on $10k
Price spread, last 7 days+0.041%+$4 · spread now −0.063%, 7d avg −0.008%
Together, before fees+0.025%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.055% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SNDK_24_5-USD1,790.70.0032pay 0.0004% / 1h23m 12s$444K$1.6M10x
ShortQFEX SNDK-USD1,789.60.0001get 0.0000% / 1h23m 12s$2.0M$19.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Extended. 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
−$6.45
Price spread: −0.063% → −0.008%
−$5.5
Slippage, 4 orders
−$12.34
Fee Extended: 2.5 bp × 2 orders
−$5
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$39.29
Costs to cover
0.273%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; QFEX: live order book, 6 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 Extended live order book, 5 min ago1.62 bp7.5 bp −$714.3 bp −$143doesn't fitdoesn't fit
Sell QFEX live order book, 6 min ago1.12 bp6.2 bp −$67.0 bp −$7011.3 bp −$1,130doesn'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%8h1,790.7−0.003%$4.1M$4.5M75xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0040%1h1,790.1−0.036%$50K$314K10xas long as short
Aster SNDKUSD10.0000%8h1,790.2−0.027%$21.8M$43.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,790.6−0.003%$286.3M$1.84B75xas long as short
Bybit SNDKUSDT0.0000%8h1,791.1+0.020%$32.1M$100.2M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,790.9+0.011%$86.8M$834.9M75xas long as short
Gate SNDK_USDT0.0000%8h1,790.4−0.016%$182.3M$235.2M75xas long as short
Bitget SNDKUSDT0.0000%8h1,790.3−0.021%$48.0M$169.0M75xas long as short
Variational Omni SNDK0.0000%8h1,792.4+0.093%$2.6M$4.6Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,791.5+0.043%$22K$1.1M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SNDK0.0000%1h1,792.2+0.084%$279K$195K15xas long as short
Bullet SNDK-USD0.0000%1h1,790.2−0.028%$15K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,788.1−0.148%$862$3.8M20xas long as short
HTX SNDK-USDT0.0000%8h1,790.3−0.020%$1.5M$10.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790.6−0.006%$2.8M$1.1M50xas long as short
QFEX SNDK-USDshort+0.0001%1h1,789.6−0.063%$2.0M$19.7M10x
RISEx SNDK/USDC+0.0004%1h1,790.9+0.012%$171K$1.8M20xas long as short
Nado SNDK-PERP+0.0005%1h1,790.4−0.016%$347K$1.4M10xas long as short
Aftermath Perps SNDKUSD+0.0008%1h1,790−0.037%$684$37K5xas long as short
Lighter SNDK+0.0032%1h1,791.8+0.060%$1.7M$16.3M20xas long as short
Lighter RH SNDK+0.0032%1h1,791.2+0.029%$1.4M$9.6M10xas long as short
Extended SNDK_24_5-USDlong+0.0032%1h1,790.7long leg$444K$1.6M10x
Injective SNDK/USDC PERP+0.0033%1h1,800+0.517%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,789.7−0.058%$305K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,789.8−0.052%$585K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,790.1−0.033%$246K$648K20xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,789.7−0.058%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,790.70.000%$115.0M$147.2M10xas long as short
Entropy io:SNDK+0.0050%1h1,789.4−0.072%$4.8M$20.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,789.6−0.061%$187K$135K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,788.8−0.106%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,789.8−0.051%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,789.6−0.061%$199K$291K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,789.3−0.077%$6.1M$22.0M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,793.8+0.176%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,789.5−0.067%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0103%4h1,791.4+0.041%$569K$353K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0128%1h1,790−0.038%$441K$2.3M10xas long as short
SoDEX SNDK-USD+0.0196%1h1,790.2−0.030%$732K$515K10xas long as short
Kraken Futures PF_SNDKUSD+0.0660%1h1,790.4−0.014%$130K$379K20xas long as short