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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.008%
Price spread now: tradeXYZ against QFEX+0.034%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.002%$0 on $10k
Price spread, last 7 days−0.045%−$4 · spread now +0.034%, 7d avg −0.010%
Together, before fees−0.043%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.044% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SNDK-USD1,789.2−0.0023get 0.0003% / 1h0m 52s$1.5M$14.3M10x
ShorttradeXYZ xyz:SNDK1,789.80.0009get 0.0001% / 1h0m 52s$114.8M$145.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against QFEX. 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
$6.87
Price spread: +0.034% → −0.010%
$4.37
Slippage, 4 orders
−$4.03
Fee QFEX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$20.79
Costs to cover
0.320%
Break-even
28.2 days
Slippage from QFEX: live order book, 8 min ago; tradeXYZ: live order book, 9 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 QFEX live order book, 8 min ago1.34 bp6.6 bp −$76.6 bp −$6611.2 bp −$1,119doesn't fit
Sell tradeXYZ live order book, 9 min ago0.28 bp9.6 bp −$1010.1 bp −$10114.7 bp −$1,474doesn'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%8h1,789.6+0.022%$4.1M$4.4M75xas long as short
Phoenix SNDK−0.0090%1h1,789.9+0.040%$279K$193K15xas long as short
Entropy io:SNDK−0.0050%1h1,789.7+0.029%$4.9M$20.0M10xas long as short
Nado SNDK-PERP−0.0050%1h1,790.5+0.072%$360K$1.4M10xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0029%1h1,790+0.042%$51K$343K10xas long as short
QFEX SNDK-USDlong−0.0023%1h1,789.2long leg$1.5M$14.3M10x
Aster SNDKUSD10.0000%8h1,789.9+0.039%$21.8M$35.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,789.8+0.035%$287.1M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,790.4+0.066%$32.5M$99.9M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,789.8+0.034%$85.0M$825.4M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,790.6+0.077%$170K$1.8M20xas long as short
Gate SNDK_USDT0.0000%8h1,790.1+0.049%$180.1M$231.7M75xas long as short
Bitget SNDKUSDT0.0000%8h1,789.8+0.032%$43.9M$161.7M75xas long as short
Variational Omni SNDK0.0000%8h1,789−0.010%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,789.5+0.018%$14K$1.3M10xas long as short
Bullet SNDK-USD0.0000%1h1,789.4+0.011%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,788.2−0.053%$839$3.6M20xas long as short
HTX SNDK-USDT0.0000%8h1,789−0.013%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,789.8+0.035%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0002%1h1,790.1+0.050%$666$37K5xas long as short
tradeXYZ xyz:SNDKshort+0.0009%1h1,789.8+0.034%$114.8M$145.8M10x
Coinbase International SNDK-PERP-INTX+0.0024%1h1,785.7−0.195%$439K$2.3M10xas long as short
Lighter SNDK+0.0032%1h1,791+0.101%$1.7M$16.2M20xas long as short
Lighter RH SNDK+0.0032%1h1,790.5+0.072%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,790.4+0.070%$450K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.602%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,788.4−0.043%$313K$1.5M10xas long as short
KuCoin SNDKUSDTM+0.0044%8h1,788.9−0.019%$6.1M$22.1M20xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,789.5+0.018%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,789.4+0.012%$246K$647K20xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,789.4+0.013%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,789−0.011%$188K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,789.8+0.032%$732K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,789.4+0.012%$1.4M$5.1M5xas long as short
Kraken Futures PF_SNDKUSD+0.0058%1h1,790.1+0.048%$130K$352K20xas long as short
Aevo SNDK-PERP+0.0080%1h1,789.2+0.001%$1K10xas long as short
Pacifica SNDK+0.0094%1h1,789.5+0.016%$199K$287K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,789.6+0.025%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,789.1−0.007%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0142%4h1,789.8+0.033%$568K$353K10xas long as short