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−0.0609%/8h= −66.7% APRnext payment $0.76 per $10,000 · paid last 24h −0.041%
Price spread now: Ondo Perps against Kraken Futures−0.081%7-day average +0.002% · 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−0.766%−$77 on $10k
Price spread, last 3 days (all we have)+0.146%+$15 · spread now −0.081%, 7d avg +0.002%
Together, before fees−0.620%+ Points / potential airdropOndo Perps: Active · farm board−$62 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Ondo Perps is 0.083% cheaper against Kraken Futures than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.002%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SNDKUSD1,790.10.0660pay 0.0082% / 1h0m 23s$130K$366K20x
ShortOndo Perps SNDK-USD.P1,788.70.0050get 0.0006% / 1h0m 23s$1.4M$5.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Kraken Futures. 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
−$127.95
Price spread: −0.081% → +0.002%
−$8.28
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$151.23
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 7 min ago; Ondo Perps: 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 Kraken Futures live order book, 7 min ago3.91 bp19.2 bp −$1944.6 bp −$446doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
Deribit SNDK_USDC-PERPETUAL−0.0186%1h1,789.1−0.056%$51K$328K10xas long as short
BloFin SNDK-USDT−0.0120%8h1,789.1−0.056%$4.1M$4.5M75xas long as short
Aster SNDKUSD10.0000%8h1,789.7−0.027%$21.8M$42.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,789.2−0.054%$287.1M$1.83B75xas long as short
Bybit SNDKUSDT0.0000%8h1,790−0.011%$32.1M$99.9M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,789.1−0.058%$86.7M$832.1M75xas long as short
Gate SNDK_USDT0.0000%8h1,789.4−0.039%$182.3M$236.0M75xas long as short
Bitget SNDKUSDT0.0000%8h1,789.3−0.048%$47.9M$164.2M75xas long as short
Variational Omni SNDK0.0000%8h1,789.2−0.051%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,791.4+0.067%$21K$1.1M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SNDK0.0000%1h1,790.9+0.042%$279K$195K15xas long as short
Bullet SNDK-USD0.0000%1h1,789.3−0.045%$13K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,788.1−0.114%$926$3.7M20xas long as short
HTX SNDK-USDT0.0000%8h1,788.6−0.084%$1.5M$10.4M50xas long as short
Phemex SNDKUSDT0.0000%8h1,789.5−0.037%$2.8M$1.1M50xas long as short
QFEX SNDK-USD+0.0001%1h1,789.2−0.053%$1.9M$18.5M10xas long as short
RISEx SNDK/USDC+0.0004%1h1,790.2+0.002%$171K$1.8M20xas long as short
Nado SNDK-PERP+0.0004%1h1,790.6+0.028%$348K$1.4M10xas long as short
Aftermath Perps SNDKUSD+0.0006%1h1,790.4+0.016%$714$37K5xas long as short
Lighter SNDK+0.0032%1h1,791+0.048%$1.7M$16.4M20xas long as short
Lighter RH SNDK+0.0032%1h1,790.2+0.001%$1.4M$9.7M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,789.9−0.012%$460K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.548%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,789.2−0.050%$306K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,789.4−0.041%$585K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,789.3−0.047%$246K$645K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,790−0.008%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,789.3−0.047%$114.9M$146.5M10xas long as short
Entropy io:SNDK+0.0050%1h1,789.3−0.047%$4.8M$20.4M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,789.2−0.053%$187K$135K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,789.6−0.033%$732K$515K10xas long as short
Ondo Perps SNDK-USD.Pshort+0.0050%1h1,788.7−0.081%$1.4M$5.1M5x
Aevo SNDK-PERP+0.0080%1h1,788.7−0.080%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,789.6−0.029%$199K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,789.2−0.052%$6.1M$21.8M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,789.1−0.059%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,788.4−0.100%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0128%1h1,792.4+0.125%$442K$2.3M10xas long as short
edgeX SNDKUSDC+0.0164%4h1,789.4−0.041%$568K$354K10xas long as short
Kraken Futures PF_SNDKUSDlong+0.0660%1h1,790.1long leg$130K$366K20x