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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h −0.012%
Price spread now: Popdex against RISEx−0.049%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$140.145% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.049%, 7d avg −0.020%
Together, before fees+0.053%+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Popdex is 0.029% cheaper against RISEx than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of −0.020%). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SNDK/USDC1,790.20.0004pay 0.0000% / 1h59m 53s$171K$1.8M20x
ShortPopdex SNDKUSDT1,789.30.0048get 0.0006% / 1h59m 53s$246K$645K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against RISEx. 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
$9.24
Price spread: −0.049% → −0.020%
−$2.86
Slippage, 4 orders
−$2.07
Fee RISEx: 3 bp × 2 orders
−$6
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$8.09
Costs to cover
0.145%
Break-even
13.1 days
Slippage from RISEx: live order book, 4 min ago; Popdex: 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 RISEx live order book, 4 min ago0.47 bp3.5 bp −$34.7 bp −$47doesn't fitdoesn't fit
Sell Popdex live order book, 9 min ago0.56 bp3.8 bp −$410.3 bp −$103doesn'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%8h1,789.1−0.058%$4.1M$4.5M75xas long as short
Aster SNDKUSD10.0000%8h1,790.4+0.012%$21.8M$42.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,789.8−0.022%$287.2M$1.83B75xas long as short
Bybit SNDKUSDT0.0000%8h1,789.7−0.026%$32.1M$99.9M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,789.4−0.043%$86.7M$832.3M75xas long as short
Gate SNDK_USDT0.0000%8h1,789.4−0.045%$182.2M$236.1M75xas long as short
Bitget SNDKUSDT0.0000%8h1,789.2−0.057%$47.9M$164.2M75xas long as short
Variational Omni SNDK0.0000%8h1,789.2−0.053%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,791.4+0.066%$21K$1.1M10xas long as short
Phoenix SNDK0.0000%1h1,790.9+0.041%$279K$195K15xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet SNDK-USD0.0000%1h1,789.3−0.047%$13K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,787.9−0.129%$774$3.7M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,789.2−0.052%$51K$328K10xas long as short
HTX SNDK-USDT0.0000%8h1,789.3−0.049%$1.5M$10.4M50xas long as short
Phemex SNDKUSDT0.0000%8h1,789−0.066%$2.8M$1.1M50xas long as short
QFEX SNDK-USD+0.0001%1h1,789.2−0.054%$1.9M$18.5M10xas long as short
RISEx SNDK/USDClong+0.0004%1h1,790.2long leg$171K$1.8M20x
Nado SNDK-PERP+0.0004%1h1,790.6+0.026%$348K$1.4M10xas long as short
Aftermath Perps SNDKUSD+0.0006%1h1,790.4+0.015%$714$37K5xas long as short
Lighter SNDK+0.0032%1h1,790.1−0.002%$1.7M$16.4M20xas long as short
Lighter RH SNDK+0.0032%1h1,789.9−0.013%$1.4M$9.7M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,790.1−0.002%$455K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.547%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,789.2−0.052%$306K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,789.4−0.042%$585K10xas long as short
Popdex SNDKUSDTshort+0.0048%1h1,789.3−0.049%$246K$645K20x
Paradex SNDK-USD-PERP+0.0050%8h1,790−0.009%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,789.1−0.060%$114.9M$146.5M10xas long as short
Entropy io:SNDK+0.0050%1h1,789.3−0.049%$4.8M$20.4M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,789.2−0.054%$187K$135K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,788.9−0.070%$731K$515K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,788.7−0.082%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,788.7−0.081%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,789.6−0.031%$199K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,789.1−0.058%$6.1M$21.8M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,789.1−0.060%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,788.4−0.101%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0128%1h1,792.4+0.123%$442K$2.3M10xas long as short
edgeX SNDKUSDC+0.0164%4h1,789.4−0.042%$568K$354K10xas long as short
Kraken Futures PF_SNDKUSD+0.0660%1h1,789.6−0.030%$130K$366K20xas long as short