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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.008%
Price spread now: tradeXYZ against Injective−2.031%74s7-day average · you buy dearer than you sell
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+0.116%+$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Funding pays, the price is against you. tradeXYZ is 2.031% cheaper against Injective than usual: you would sell low and buy high (spread −2.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$203 on $10k: about 14 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.116% in total) that is about 4 months. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SNDK/USDC PERP1,8000.0033pay 0.0004% / 1h23m 54s$36$9K12x
ShorttradeXYZ xyz:SNDK1,763.40.0050get 0.0006% / 1h23m 54s$118.7M$158.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Injective. 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
$3.5
Price spread: −2.031% → 0.000%
−$203.12
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$217.64
Costs to cover
0.180%
Break-even
442.3 days
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 6 min ago. 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 Injective no order-book sample
Sell tradeXYZ live order book, 6 min ago0.28 bp9.7 bp −$1010.6 bp −$10614.4 bp −$1,443doesn't fit
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−0.0361%8h1,763.9−2.003%$47.9M$166.5M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,762.7−2.069%$3.9M$4.6M75xas long as short
KuCoin SNDKUSDTM−0.0009%8h1,762.7−2.071%$6.0M$22.2M20xas long as short
QFEX SNDK-USD−0.0008%1h1,762.5−2.079%$1.4M$10.3M10xas long as short
Aster SNDKUSD10.0000%8h1,763.4−2.034%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,763.7−2.016%$280.3M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,764.2−1.987%$31.8M$103.5M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,763.8−2.009%$82.6M$837.0M75xas long as short
RISEx SNDK/USDC0.0000%1h1,763.3−2.038%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,763.8−2.011%$177.1M$231.1M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,761.5−2.134%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,760.2−2.209%$10K$2.0M10xas long as short
Phoenix SNDK0.0000%1h1,761−2.164%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,763−2.053%$14K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,762.9−2.057%$802$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,763.4−2.034%$51K$351K10xas long as short
HTX SNDK-USDT0.0000%8h1,762.7−2.072%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,764.1−1.993%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0013%1h1,760.9−2.172%$655$37K5xas long as short
Vest SNDK-USD-PERP+0.0015%1h1,760.5−2.192%$581K10xas long as short
Nado SNDK-PERP+0.0018%1h1,763.4−2.032%$328K$1.5M10xas long as short
Lighter SNDK+0.0032%1h1,764.5−1.972%$1.8M$16.2M20xas long as short
Lighter RH SNDK+0.0032%1h1,763.7−2.014%$1.3M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,764−1.996%$491K$2.0M10xas long as short
Injective SNDK/USDC PERPlong+0.0033%1h1,800long leg$36$9K12x
Arcus SNDK-USD+0.0040%1h1,760−2.218%$253K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,763.2−2.042%$242K$668K20xas long as short
tradeXYZ xyz:SNDKshort+0.0050%1h1,763.4−2.031%$118.7M$158.8M10x
Entropy io:SNDK+0.0050%1h1,761.2−2.153%$4.7M$19.6M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,761.8−2.120%$185K$130K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,762.5−2.083%$721K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,762.8−2.063%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,763−2.053%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,762.8−2.064%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,762.5−2.081%$198K$304K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,760.4−2.197%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,762.5−2.081%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,761−2.166%$431K$2.3M10xas long as short
Kraken Futures PF_SNDKUSD+0.0400%1h1,763.8−2.009%$127K$346K20xas long as short
edgeX SNDKUSDC+0.0891%4h1,760.1−2.216%$559K$351K10xas long as short