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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.036%
Price spread now: Aster against ApeX Omni−0.158%99s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.410% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.123%−$12 on $10k
Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.158%, 7d avg −0.020%
Together, before fees+0.066%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.138% cheaper against ApeX Omni than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.020%). Swap the legs. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SNDKUSDT1,772.70.0100pay 0.0013% / 1h45m 59s$68K$271K50x
ShortAster SNDKUSD11,769.90get 0.0000% / 8h2h 45m$21.6M$32.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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
−$21
Price spread: −0.158% → −0.020%
−$13.78
Slippage, 4 orders
−$22.97
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$75.76
Costs to cover
0.410%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 66 min ago; Aster: live order book, 3 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 ApeX Omni live order book, 66 min ago7.74 bp12.7 bp −$1333.9 bp −$339doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago1.64 bp7.3 bp −$713.4 bp −$134doesn'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%8h1,768.8−0.220%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0043%8h1,769.2−0.195%$6.1M$22.1M20xas long as short
Bitget SNDKUSDT−0.0019%8h1,769.5−0.181%$44.6M$162.5M75xas long as short
Nado SNDK-PERP−0.0019%1h1,770−0.150%$336K$1.5M10xas long as short
Entropy io:SNDK−0.0004%1h1,769.6−0.173%$4.8M$19.8M10xas long as short
QFEX SNDK-USD−0.0004%1h1,769.5−0.177%$1.4M$11.2M10xas long as short
Aster SNDKUSD1short0.0000%8h1,769.9−0.158%$21.6M$32.5M20x
Binance SNDKUSDT0.0000%8h1,769.2−0.193%$279.9M$1.83B75xas long as short
Bybit SNDKUSDT0.0000%8h1,770.1−0.144%$31.7M$103.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,769.6−0.173%$82.7M$830.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,770.7−0.111%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,769−0.208%$177.5M$228.7M75xas long as short
Variational Omni SNDK0.0000%8h1,768.7−0.221%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,772.5−0.008%$22K$1.7M10xas long as short
Phoenix SNDK0.0000%1h1,770.1−0.144%$276K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,768.8−0.218%$14K$285K10xas long as short
SunX SNDK-USDT0.0000%8h1,768.8−0.216%$677$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,768.5−0.235%$51K$347K10xas long as short
HTX SNDK-USDT0.0000%8h1,768.3−0.249%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,768.7−0.222%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0012%1h1,770.1−0.147%$686$38K5xas long as short
Vest SNDK-USD-PERP+0.0014%1h1,767−0.322%$586K10xas long as short
Pacifica SNDK+0.0024%1h1,769.8−0.161%$197K$304K10xas long as short
Lighter RH SNDK+0.0032%1h1,768.5−0.235%$1.3M$9.3M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,768.7−0.222%$423K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.540%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,768.9−0.212%$263K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,768.8−0.218%$243K$653K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,769.3−0.188%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,769−0.206%$117.8M$154.1M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,767.8−0.274%$185K$132K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,768.4−0.240%$1.4M$5.1M5xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,773.7+0.060%$435K$2.4M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,768.5−0.236%$1K10xas long as short
ApeX Omni SNDKUSDTlong+0.0100%1h1,772.7long leg$68K$271K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,768.1−0.259%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0121%1h1,769.4−0.183%$128K$355K20xas long as short
Lighter SNDK+0.0128%1h1,769.5−0.177%$1.7M$15.8M20xas long as short
SoDEX SNDK-USD+0.0147%1h1,768.9−0.213%$723K$513K10xas long as short
edgeX SNDKUSDC+0.0156%4h1,771.9−0.044%$563K$353K10xas long as short