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+0.0021%/8h= +2.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.039%
Price spread now: Kraken Futures against ApeX Omni+0.276%75s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$560.562% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.611%+$61 on $10k
Price spread, last 4 days (all we have)−0.366%−$37 · spread now +0.276%, 7d avg −0.020%
Together, before fees+0.246%+$25 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 Kraken Futures is 0.296% dearer against ApeX Omni than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −0.020%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SNDKUSDT1,764.50.0100pay 0.0013% / 1h10m 13s$68K$271K50x
ShortKraken Futures PF_SNDKUSD1,769.40.0121get 0.0015% / 1h10m 13s$127K$347K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$4.5
Price spread: +0.276% → −0.020%
$29.59
Slippage, 4 orders
−$36.17
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$22.08
Costs to cover
0.562%
Break-even
41.3 days
Slippage from ApeX Omni: live order book, 37 min ago; Kraken Futures: live order book, 38 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, 37 min ago7.99 bp13.0 bp −$1332.9 bp −$329doesn't fitdoesn't fit
Sell Kraken Futures live order book, 38 min ago2.83 bp18.0 bp −$1844.4 bp −$444doesn'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
Bitget SNDKUSDT−0.0310%8h1,768.7+0.235%$47.0M$164.8M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,768.4+0.217%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0031%8h1,768+0.197%$6.1M$22.1M20xas long as short
QFEX SNDK-USD−0.0004%1h1,767.9+0.188%$1.4M$10.6M10xas long as short
Aster SNDKUSD10.0000%8h1,770+0.309%$21.6M$33.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,769.4+0.278%$280.9M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,769.5+0.280%$31.8M$103.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,769.7+0.292%$82.2M$834.4M75xas long as short
RISEx SNDK/USDC0.0000%1h1,769.3+0.269%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,768.7+0.235%$176.3M$231.7M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,767.4+0.161%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,761.7−0.160%$16K$1.8M10xas long as short
Phoenix SNDK0.0000%1h1,761.7−0.161%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,768.7+0.236%$14K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,769.2+0.264%$879$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,769.1+0.260%$51K$349K10xas long as short
HTX SNDK-USDT0.0000%8h1,769+0.252%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,769+0.250%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0008%1h1,768.5+0.227%$329K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0011%1h1,766.2+0.096%$581K10xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,764.3−0.014%$656$37K5xas long as short
Pacifica SNDK+0.0024%1h1,768+0.196%$197K$303K10xas long as short
Lighter RH SNDK+0.0032%1h1,769.6+0.287%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,768.3+0.216%$437K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.007%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,764.2−0.021%$262K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,768.5+0.224%$243K$666K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,768.5+0.224%$119.1M$157.9M10xas long as short
Entropy io:SNDK+0.0050%1h1,765.9+0.077%$4.7M$19.9M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,767.5+0.168%$185K$131K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,767.6+0.174%$723K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,768.3+0.213%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,767.8+0.185%$1.4M$5.1M5xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,770.1+0.317%$437K$2.3M10xas long as short
Lighter SNDK+0.0080%1h1,770.4+0.330%$1.8M$16.4M20xas long as short
Aevo SNDK-PERP+0.0080%1h1,768.6+0.230%$1K10xas long as short
edgeX SNDKUSDC+0.0095%4h1,764.1−0.026%$560K$351K10xas long as short
ApeX Omni SNDKUSDTlong+0.0100%1h1,764.5long leg$68K$271K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,768.4+0.220%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSDshort+0.0121%1h1,769.4+0.276%$127K$347K20x