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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against KuCoin−0.058%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$390.393% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 7 days+0.114%+$11 · spread now −0.058%, 7d avg +0.032%
Together, before fees+0.157%+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.090% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SNDKUSDTM1,788.10.0100pay 0.0100% / 8h6h 56m$6.1M$21.7M20x
ShortBitget SNDKUSDT1,787.10get 0.0000% / 8h6h 56m$47.7M$164.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
−$21
Price spread: −0.058% → +0.032%
−$8.98
Slippage, 4 orders
−$15.26
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$69.24
Costs to cover
0.393%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Bitget: live order book, 3 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 KuCoin live order book, 7 min ago0.92 bp15.5 bp −$1561.2 bp −$612doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago0.28 bp6.7 bp −$78.7 bp −$87doesn't fitdoesn'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
Deribit SNDK_USDC-PERPETUAL−0.0270%1h1,787.2−0.052%$51K$328K10xas long as short
Entropy io:SNDK−0.0234%1h1,788.3+0.011%$4.9M$20.5M10xas long as short
BloFin SNDK-USDT−0.0120%8h1,786.8−0.072%$4.1M$4.5M75xas long as short
tradeXYZ xyz:SNDK−0.0075%1h1,787−0.062%$114.8M$146.5M10xas long as short
Popdex SNDKUSDT−0.0064%1h1,786.6−0.084%$246K$644K20xas long as short
QFEX SNDK-USD−0.0024%1h1,786.4−0.097%$1.9M$18.1M10xas long as short
Nado SNDK-PERP−0.0017%1h1,788.2+0.008%$347K$1.4M10xas long as short
Aster SNDKUSD10.0000%8h1,788.5+0.024%$21.8M$42.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,787−0.062%$286.8M$1.83B75xas long as short
Bybit SNDKUSDT0.0000%8h1,787.3−0.044%$31.9M$100.0M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,787−0.062%$86.6M$831.2M75xas long as short
Gate SNDK_USDT0.0000%8h1,786.7−0.081%$182.0M$230.4M75xas long as short
Bitget SNDKUSDTshort0.0000%8h1,787.1−0.058%$47.7M$164.0M75x
Variational Omni SNDK0.0000%8h1,789.2+0.063%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,788.6+0.030%$10K$1.1M10xas long as short
Phoenix SNDK0.0000%1h1,787.8−0.017%$278K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,787−0.062%$13K$292K10xas long as short
SunX SNDK-USDT0.0000%8h1,786.3−0.103%$593$3.7M20xas long as short
HTX SNDK-USDT0.0000%8h1,786.9−0.066%$1.5M$10.3M50xas long as short
Phemex SNDKUSDT0.0000%8h1,787.2−0.050%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0005%1h1,789.3+0.065%$746$37K5xas long as short
Ondo Perps SNDK-USD.P+0.0019%1h1,786.8−0.073%$1.4M$5.1M5xas long as short
Lighter SNDK+0.0032%1h1,788.3+0.008%$1.7M$16.1M20xas long as short
Lighter RH SNDK+0.0032%1h1,787.9−0.013%$1.4M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,787.4−0.039%$464K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.663%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,787.7−0.023%$306K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,786.9−0.067%$585K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,786.9−0.064%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,786.6−0.084%$187K$135K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,787.1−0.055%$731K$515K10xas long as short
Aevo SNDK-PERP+0.0080%1h1,786.7−0.078%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0088%1h1,787.2−0.051%$440K$2.3M10xas long as short
Pacifica SNDK+0.0100%1h1,787.2−0.053%$199K$292K10xas long as short
KuCoin SNDKUSDTMlong+0.0100%8h1,788.1long leg$6.1M$21.7M20x
ApeX Omni SNDKUSDT+0.0100%1h1,788.9+0.043%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,786.9−0.067%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0131%1h1,787.6−0.029%$130K$366K20xas long as short
edgeX SNDKUSDC+0.0220%4h1,788.7+0.033%$568K$351K10xas long as short
RISEx SNDK/USDC+0.0257%1h1,787.6−0.027%$171K$1.8M20xas long as short