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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0145%/8h= −15.9% APRpaid last 24h −0.031%
Price spread now: KuCoin against ApeX Omni+0.023%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$500.498% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.023%, 7d avg −0.047%
Together, before fees−0.062%−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.070% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.047%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 7 days (−0.054% in total) that is about 9.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SNDKUSDT1,773.70.0100pay 0.0013% / 1h37m 28s$68K$270K50x
ShortKuCoin SNDKUSDTM1,774.1−0.0045pay 0.0045% / 8h3h 37m$6.1M$22.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$30.45
Price spread: +0.023% → −0.047%
$6.97
Slippage, 4 orders
−$27.8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$73.28
Costs to cover
0.498%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 15 min ago; KuCoin: live order book, 1 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, 15 min ago7.74 bp12.7 bp −$1333.9 bp −$339doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago1.10 bp14.3 bp −$1463.5 bp −$635doesn'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%8h1,773.6−0.010%$4.0M$4.4M75xas long as short
Entropy io:SNDK−0.0092%1h1,774.7+0.055%$4.8M$19.8M10xas long as short
KuCoin SNDKUSDTMshort−0.0045%8h1,774.1+0.023%$6.1M$22.1M20x
Nado SNDK-PERP−0.0041%1h1,773.2−0.030%$345K$1.5M10xas long as short
QFEX SNDK-USD−0.0019%1h1,773.5−0.015%$1.4M$12.2M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,775.7+0.109%$432K$2.3M10xas long as short
Aster SNDKUSD10.0000%8h1,774.5+0.042%$21.7M$32.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,774.2+0.029%$281.7M$1.81B75xas long as short
Bybit SNDKUSDT0.0000%8h1,774.5+0.045%$32.1M$101.7M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,774.3+0.033%$82.6M$825.0M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,774.2+0.028%$169K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,773.7−0.001%$178.2M$229.6M75xas long as short
Bitget SNDKUSDT0.0000%8h1,774.7+0.053%$43.8M$162.5M75xas long as short
Variational Omni SNDK0.0000%8h1,777.2+0.195%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,773.4−0.018%$14K$1.5M10xas long as short
Phoenix SNDK0.0000%1h1,774+0.016%$276K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,774.2+0.026%$14K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,772−0.099%$822$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,773.9+0.012%$51K$346K10xas long as short
HTX SNDK-USDT0.0000%8h1,772.6−0.063%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,773.6−0.006%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0006%1h1,777.4+0.209%$661$38K5xas long as short
Lighter SNDK+0.0032%1h1,773.4−0.019%$1.7M$15.7M20xas long as short
Lighter RH SNDK+0.0032%1h1,773.1−0.037%$1.4M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,773.1−0.034%$435K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.479%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,774.8+0.059%$264K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,771.6−0.121%$580K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,774.2+0.027%$244K$651K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,772.8−0.050%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,774.3+0.033%$117.1M$151.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,773.6−0.007%$186K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,773.9+0.012%$725K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,773.7−0.001%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,774.1+0.020%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,773−0.043%$197K$288K10xas long as short
ApeX Omni SNDKUSDTlong+0.0100%1h1,773.7long leg$68K$270K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,773.3−0.023%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,774+0.017%$129K$352K20xas long as short
edgeX SNDKUSDC+0.0484%4h1,774+0.015%$563K$352K10xas long as short