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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Phemex−0.066%7-day average −0.008% · 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+0.077%+$8 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.066%, 7d avg −0.008%
Together, before fees+0.170%+ Points / potential airdropOndo Perps: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.057% cheaper against Phemex than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.008%). If the spread goes back, that is −$6 on $10k: about 3.8 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SNDKUSDT1,7690get 0.0000% / 8h2h 10m$2.8M$1.1M50x
ShortOndo Perps SNDK-USD.P1,767.80.0050get 0.0006% / 1h10m 11s$1.4M$5.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Phemex. 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
$10.58
Price spread: −0.066% → −0.008%
−$5.75
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$12.17
Costs to cover
0.170%
Break-even
15.0 days
Slippage unknown: Phemex: live order book, 3 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 Phemex live order book, 3 min ago3.97 bp36.2 bp −$36doesn't fitdoesn'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
Bitget SNDKUSDT−0.0310%8h1,768.7−0.015%$47.0M$164.8M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,768.4−0.033%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0031%8h1,768−0.054%$6.1M$22.1M20xas long as short
QFEX SNDK-USD−0.0004%1h1,767.9−0.063%$1.4M$10.6M10xas long as short
Aster SNDKUSD10.0000%8h1,770+0.058%$21.6M$33.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,769.4+0.028%$280.9M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,769.5+0.029%$31.8M$103.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,769.7+0.042%$82.2M$834.4M75xas long as short
RISEx SNDK/USDC0.0000%1h1,769.3+0.019%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,768.7−0.016%$176.3M$231.7M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,767.4−0.090%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,761.7−0.410%$16K$1.8M10xas long as short
Phoenix SNDK0.0000%1h1,761.7−0.410%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,768.7−0.015%$14K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,769.2+0.014%$879$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,769.1+0.010%$51K$349K10xas long as short
HTX SNDK-USDT0.0000%8h1,769+0.001%$1.4M$10.6M50xas long as short
Phemex SNDKUSDTlong0.0000%8h1,769long leg$2.8M$1.1M50x
Nado SNDK-PERP+0.0008%1h1,768.5−0.023%$329K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0011%1h1,766.2−0.154%$581K10xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,764.3−0.263%$656$37K5xas long as short
Pacifica SNDK+0.0024%1h1,768−0.054%$197K$303K10xas long as short
Lighter RH SNDK+0.0032%1h1,769.6+0.036%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,768.3−0.035%$437K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.752%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,764.2−0.271%$262K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,768.5−0.026%$243K$666K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,768.5−0.026%$119.1M$157.9M10xas long as short
Entropy io:SNDK+0.0050%1h1,765.9−0.173%$4.7M$19.9M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,767.5−0.083%$185K$131K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,767.6−0.076%$723K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,768.3−0.038%5xas long as short
Ondo Perps SNDK-USD.Pshort+0.0050%1h1,767.8−0.066%$1.4M$5.1M5x
Coinbase International SNDK-PERP-INTX+0.0072%1h1,770.1+0.066%$437K$2.3M10xas long as short
Lighter SNDK+0.0080%1h1,770.4+0.079%$1.8M$16.4M20xas long as short
Aevo SNDK-PERP+0.0080%1h1,768.6−0.020%$1K10xas long as short
edgeX SNDKUSDC+0.0095%4h1,764.1−0.276%$560K$351K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,764.5−0.250%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,768.4−0.030%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0121%1h1,769.4+0.025%$127K$347K20xas long as short