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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%
Price spread now: Variational Omni against Phoenix+0.165%7-day average −0.014% · 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 4 days (all we have)+0.099%+$10 on $10k
Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.165%, 7d avg −0.014%
Together, before fees−0.039%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.179% dearer against Phoenix than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix SNDK1,770.40get 0.0000% / 1h16m 56s$276K$193K15x
ShortVariational Omni SNDK1,773.30get 0.0000% / 8h3h 16m$2.6M$4.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0
Price spread: +0.165% → −0.014%
$17.91
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$10.91
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Phoenix: live order book, 34 min ago; Variational Omni: RFQ quote, 2 min ago. 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, 34 min ago3.37 bp11.5 bp −$1225.0 bp −$250doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago2.40 bpdoesn't fit4.2 bp −$42doesn'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
BloFin SNDK-USDT−0.0120%8h1,772.8+0.137%$4.0M$4.4M75xas long as short
KuCoin SNDKUSDTM−0.0048%8h1,771.9+0.084%$6.1M$22.1M20xas long as short
Entropy io:SNDK−0.0046%1h1,771.5+0.062%$4.7M$19.8M10xas long as short
QFEX SNDK-USD−0.0019%1h1,771.1+0.042%$1.4M$11.9M10xas long as short
Nado SNDK-PERP−0.0017%1h1,771.9+0.087%$339K$1.5M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,774.1+0.207%$434K$2.3M10xas long as short
Aster SNDKUSD10.0000%8h1,773.6+0.180%$21.6M$32.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,773.4+0.171%$281.1M$1.82B75xas long as short
Bybit SNDKUSDT0.0000%8h1,773.8+0.191%$31.9M$102.1M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,773.9+0.198%$82.2M$827.8M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,772.5+0.118%$122K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,773.2+0.159%$177.1M$231.1M75xas long as short
Bitget SNDKUSDT0.0000%8h1,774.3+0.221%$44.4M$162.7M75xas long as short
Variational Omni SNDKshort0.0000%8h1,773.3+0.165%$2.6M$4.7M
GRVT SNDK_USDT_Perp0.0000%8h1,772.9+0.142%$14K$1.6M10xas long as short
Phoenix SNDKlong0.0000%1h1,770.4long leg$276K$193K15x
Bullet SNDK-USD0.0000%1h1,771.9+0.087%$14K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,771.5+0.060%$974$3.6M20xas long as short
HTX SNDK-USDT0.0000%8h1,771.7+0.072%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,772.6+0.124%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0009%1h1,772.6+0.121%$660$38K5xas long as short
Lighter SNDK+0.0032%1h1,772.4+0.115%$1.7M$15.9M20xas long as short
Lighter RH SNDK+0.0032%1h1,771.8+0.079%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,773.1+0.155%$428K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.670%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,770.5+0.008%$264K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0042%1h1,768.9−0.086%$582K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,772+0.090%$244K$652K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,771.5+0.062%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,773+0.147%$117.4M$152.3M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,771.5+0.062%$185K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,770.9+0.030%$724K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,772.1+0.096%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,772.1+0.095%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,771.9+0.084%$197K$289K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,771.6+0.067%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,771.4+0.055%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,772.6+0.122%$128K$353K20xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0145%1h1,772+0.088%$51K$346K10xas long as short
edgeX SNDKUSDC+0.0582%4h1,772.9+0.140%$563K$352K10xas long as short