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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.002%
Price spread now: Variational Omni against Injective−2.161%91s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 2.161% cheaper against Injective than usual: you would sell low and buy high (−$216 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 91 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% / 1h3m 43s$36$9K12x
ShortVariational Omni SNDK1,761.10get 0.0000% / 8h3m 43s$2.5M$4.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$7
Price spread: −2.161% → 0.000%
−$216.13
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$223.15
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, just now. 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 Variational Omni RFQ quote, just now2.41 bpdoesn't fit6.5 bp −$65doesn't fitdoesn'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−0.0243%8h1,762.7−2.069%$50.0M$166.6M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,761.7−2.128%$4.0M$4.6M75xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0039%1h1,762.2−2.097%$51K$356K10xas long as short
Nado SNDK-PERP−0.0004%1h1,762.6−2.077%$330K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0002%8h1,761.6−2.132%$6.0M$22.6M20xas long as short
QFEX SNDK-USD−0.0001%1h1,762.8−2.067%$1.4M$9.9M10xas long as short
Aster SNDKUSD10.0000%8h1,762.5−2.080%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,762.6−2.075%$280.0M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,762.8−2.063%$31.8M$103.5M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,762.5−2.081%$82.4M$833.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,763.4−2.030%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,762.5−2.082%$179.0M$229.6M75xas long as short
Variational Omni SNDKshort0.0000%8h1,761.1−2.161%$2.5M$4.8M
GRVT SNDK_USDT_Perp0.0000%8h1,761−2.162%$20K$2.1M10xas long as short
Phoenix SNDK0.0000%1h1,761.4−2.142%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,762.5−2.083%$14K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,761.9−2.113%$722$3.4M20xas long as short
HTX SNDK-USDT0.0000%8h1,761.7−2.126%$1.4M$10.5M50xas long as short
Phemex SNDKUSDT0.0000%8h1,762.4−2.088%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0014%1h1,759.8−2.233%$579K10xas long as short
Aftermath Perps SNDKUSD+0.0017%1h1,762.2−2.095%$673$38K5xas long as short
Lighter RH SNDK+0.0032%1h1,762.9−2.061%$1.2M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,761.7−2.127%$493K$2.0M10xas long as short
Injective SNDK/USDC PERPlong+0.0033%1h1,800long leg$36$9K12x
Lighter SNDK+0.0040%1h1,763.4−2.029%$1.8M$16.4M20xas long as short
Arcus SNDK-USD+0.0040%1h1,760.6−2.186%$256K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,762.9−2.059%$242K$651K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,762.8−2.064%$120.0M$157.6M10xas long as short
Entropy io:SNDK+0.0050%1h1,761.6−2.131%$4.6M$19.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,761.2−2.153%$185K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,761.8−2.121%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,762.3−2.090%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,762.6−2.076%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,762−2.108%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,762.4−2.087%$198K$307K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,761.2−2.154%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,761.8−2.118%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,762−2.110%$429K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0274%1h1,762.7−2.068%$126K$340K20xas long as short
edgeX SNDKUSDC+0.0436%4h1,760.7−2.183%$559K$351K10xas long as short