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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.014%
Price spread now: Injective against Phoenix+2.521%7-day average · you sell dearer than you buy
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−0.039%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 2.521% dearer against Phoenix than usual: you sell high and buy low: +$252 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix SNDK1,755.70get 0.0000% / 1h24m 46s$273K$193K15x
ShortInjective SNDK/USDC PERP1,8000.0033get 0.0004% / 1h24m 46s$36$9K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Phoenix. 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: +2.521% → 0.000%
$252.09
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$252.07
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Phoenix: live order book, 21 min ago; Injective: 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 Phoenix live order book, 21 min ago3.96 bp12.7 bp −$1327.4 bp −$274doesn't fitdoesn't fit
Sell Injective no order-book sample
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−0.0321%8h1,758.7+0.173%$45.6M$163.5M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,758+0.130%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0041%8h1,757.2+0.087%$6.0M$22.1M20xas long as short
QFEX SNDK-USD−0.0004%1h1,758.4+0.154%$1.4M$10.6M10xas long as short
Aster SNDKUSD10.0000%8h1,757.9+0.123%$21.5M$33.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,757.2+0.083%$279.2M$1.84B75xas long as short
Bybit SNDKUSDT0.0000%8h1,757.6+0.110%$31.6M$103.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,758.5+0.159%$81.8M$827.2M75xas long as short
RISEx SNDK/USDC0.0000%1h1,758+0.134%$120K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,757.9+0.124%$175.1M$230.8M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,756.4+0.041%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,758.2+0.143%$15K$1.7M10xas long as short
Phoenix SNDKlong0.0000%1h1,755.7long leg$273K$193K15x
Bullet SNDK-USD0.0000%1h1,758+0.131%$14K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,758.3+0.149%$920$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,758.1+0.137%$50K$347K10xas long as short
HTX SNDK-USDT0.0000%8h1,757.2+0.085%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,758+0.128%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0004%1h1,758.5+0.158%$327K$1.5M10xas long as short
Entropy io:SNDK+0.0006%1h1,757.2+0.085%$4.7M$19.7M10xas long as short
Vest SNDK-USD-PERP+0.0007%1h1,754.8−0.049%$584K10xas long as short
Aftermath Perps SNDKUSD+0.0015%1h1,758.8+0.174%$654$37K5xas long as short
Pacifica SNDK+0.0024%1h1,758.1+0.136%$196K$303K10xas long as short
Lighter RH SNDK+0.0032%1h1,758.6+0.166%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,758.2+0.144%$419K$1.9M10xas long as short
Injective SNDK/USDC PERPshort+0.0033%1h1,800+2.521%$36$9K12x
Arcus SNDK-USD+0.0040%1h1,756.6+0.052%$260K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,759+0.188%$242K$657K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,758.3+0.148%$117.4M$156.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,758.4+0.154%$184K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,756.7+0.054%$718K$514K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,758.4+0.156%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,756.6+0.051%$1.3M$5.1M5xas long as short
Lighter SNDK+0.0064%1h1,758+0.129%$1.8M$16.2M20xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,758.9+0.183%$433K$2.3M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,758+0.132%$1K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,755.6−0.007%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,757.5+0.103%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,758.8+0.175%$126K$354K20xas long as short
edgeX SNDKUSDC+0.0391%4h1,755−0.040%$557K$351K10xas long as short