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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0048%/8h= −5.3% APRnext payment $0.06 per $10,000 · paid last 24h −0.014%
Price spread now: Bullet against Popdex−0.015%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$230.232% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.062%−$6 on $10k
Price spread, last 4 days (all we have)−0.186%−$19 · spread now −0.015%, 7d avg −0.007%
Together, before fees−0.248%−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex SNDKUSDT1,750.10.0048pay 0.0006% / 1h35m 02s$241K$630K20x
ShortBullet SNDK-USD1,749.80get 0.0000% / 1h35m 02s$14K$290K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Popdex. 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
−$10.08
Price spread: −0.015% → −0.007%
−$0.76
Slippage, 4 orders
−$8.79
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$34.03
Costs to cover
0.232%
Break-even
never at this rate
Slippage from Popdex: live order book, 64 min ago; Bullet: live order book, 64 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 Popdex live order book, 64 min ago1.42 bp4.6 bp −$56.3 bp −$63doesn't fitdoesn't fit
Sell Bullet live order book, 64 min ago0.57 bp6.3 bp −$621.0 bp −$210doesn'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
GRVT SNDK_USDT_Perp−0.0845%8h1,750.4+0.018%$21K$2.2M10xas long as short
HTX SNDK-USDT−0.0412%8h1,749.8−0.016%$1.4M$10.5M50xas long as short
Bitget SNDKUSDT−0.0246%8h1,749.3−0.045%$49.3M$167.0M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,749.5−0.037%$4.0M$4.5M75xas long as short
Nado SNDK-PERP−0.0080%1h1,750−0.008%$329K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0042%8h1,749.8−0.019%$6.0M$22.5M20xas long as short
QFEX SNDK-USD−0.0002%1h1,750−0.004%$1.4M$9.6M10xas long as short
Aster SNDKUSD10.0000%8h1,749.9−0.011%$21.3M$32.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,749.7−0.025%$279.7M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,749.9−0.014%$31.6M$104.1M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,749.5−0.034%$82.0M$821.6M75xas long as short
RISEx SNDK/USDC0.0000%1h1,750−0.005%$136K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,749.1−0.056%$178.4M$218.1M75xas long as short
Variational Omni SNDK0.0000%8h1,748.8−0.073%$2.5M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,751.1+0.057%$273K$193K15xas long as short
Bullet SNDK-USDshort0.0000%1h1,749.8−0.015%$14K$290K10x
SunX SNDK-USDT0.0000%8h1,750.5+0.025%$942$3.3M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,749.7−0.025%$50K$360K10xas long as short
Phemex SNDKUSDT0.0000%8h1,749.8−0.020%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0006%1h1,747.5−0.147%$577K10xas long as short
Aftermath Perps SNDKUSD+0.0011%1h1,752.2+0.118%$727$38K5xas long as short
Entropy io:SNDK+0.0023%1h1,750.3+0.011%$4.5M$19.4M10xas long as short
Lighter SNDK+0.0032%1h1,749.9−0.013%$1.7M$16.4M20xas long as short
Lighter RH SNDK+0.0032%1h1,749.5−0.034%$1.2M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,749.2−0.054%$448K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.849%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,748.7−0.081%$250K$1.5M10xas long as short
Paradex SNDK-USD-PERP+0.0047%8h1,748.8−0.075%5xas long as short
Popdex SNDKUSDTlong+0.0048%1h1,750.1long leg$241K$630K20x
tradeXYZ xyz:SNDK+0.0050%1h1,749.3−0.046%$118.5M$158.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,749.4−0.040%$184K$127K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,749.4−0.039%$715K$521K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,750.7+0.034%$1.3M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,749.2−0.051%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,748.9−0.066%$196K$310K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,751.6+0.085%$67K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,748.5−0.093%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,749.2−0.054%$426K$2.1M10xas long as short
edgeX SNDKUSDC+0.0127%4h1,751.2+0.062%$556K$350K10xas long as short
Kraken Futures PF_SNDKUSD+0.0285%1h1,750−0.004%$127K$344K20xas long as short