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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0052%/8h= −5.7% APRnext payment $0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Popdex against ApeX Omni−0.173%57s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.291% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.063%−$6 on $10k
Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.173%, 7d avg −0.021%
Together, before fees+0.126%+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Popdex is 0.152% cheaper against ApeX Omni than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.021%). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SNDKUSDT1,772.30.0100pay 0.0013% / 1h55m 59s$68K$271K50x
ShortPopdex SNDKUSDT1,769.20.0048get 0.0006% / 1h55m 59s$243K$695K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$10.92
Price spread: −0.173% → −0.021%
−$15.17
Slippage, 4 orders
−$12.72
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$55.2
Costs to cover
0.291%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 49 min ago; Popdex: live order book, 51 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, 49 min ago5.47 bp10.6 bp −$1133.2 bp −$332doesn't fitdoesn't fit
Sell Popdex live order book, 51 min ago0.85 bp4.0 bp −$410.1 bp −$101doesn't fitdoesn't fit

SNDK on 40 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SNDKUSD−0.0126%1h1,767.3−0.278%$167K$374K20xas long as short
BloFin SNDK-USDT−0.0120%8h1,770.8−0.085%$3.9M$4.7M75xas long as short
Entropy io:SNDK−0.0034%1h1,770−0.128%$4.5M$19.3M10xas long as short
Aster SNDKUSD10.0000%8h1,769.5−0.157%$21.6M$32.2M20xas long as short
Binance SNDKUSDT0.0000%8h1,768.7−0.199%$282.1M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,769.2−0.175%$31.8M$107.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,768.9−0.190%$80.2M$840.8M75xas long as short
RISEx SNDK/USDC0.0000%1h1,769.8−0.138%$146K$1.5M20xas long as short
Gate SNDK_USDT0.0000%8h1,768.6−0.207%$180.9M$209.4M75xas long as short
Bitget SNDKUSDT0.0000%8h1,768.8−0.196%$48.6M$172.1M75xas long as short
Show all 40 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,771.1−0.064%$2.7M$4.5Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,771.7−0.034%$16K$2.6M10xas long as short
Phoenix SNDK0.0000%1h1,770.8−0.082%$276K$178K15xas long as short
Bullet SNDK-USD0.0000%1h1,768.5−0.215%$14K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,768.2−0.227%$980$3.1M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,767.7−0.259%$19K$445K10xas long as short
HTX SNDK-USDT0.0000%8h1,767.5−0.267%$1.5M$9.8M50xas long as short
Phemex SNDKUSDT0.0000%8h1,768.6−0.206%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0003%1h1,768.6−0.205%$322K$1.5M10xas long as short
QFEX SNDK-USD+0.0004%1h1,767.9−0.244%$1.5M$9.2M10xas long as short
Aftermath Perps SNDKUSD+0.0023%1h1,770.4−0.108%$676$39K5xas long as short
Lighter RH SNDK+0.0032%1h1,768.6−0.209%$1.2M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,768.9−0.188%$410K$2.4M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.563%$36$4K12xas long as short
Arcus SNDK-USD+0.0040%1h1,767.7−0.256%$256K$1.3M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,768.6−0.207%$570K10xas long as short
Popdex SNDKUSDTshort+0.0048%1h1,769.2−0.173%$243K$695K20x
tradeXYZ xyz:SNDK+0.0050%1h1,768.8−0.195%$122.4M$151.4M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,768.4−0.218%$194K$150K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,768.4−0.216%$724K$523K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,768.2−0.229%$1.4M$5.3M5xas long as short
Paradex SNDK-USD-PERP+0.0051%8h1,768.7−0.200%5xas long as short
Lighter SNDK+0.0056%1h1,769.2−0.170%$1.8M$16.5M20xas long as short
Aevo SNDK-PERP+0.0080%1h1,768.2−0.232%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,769.7−0.145%$193K$308K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,769.6−0.150%$6.1M$23.1M20xas long as short
ApeX Omni SNDKUSDTlong+0.0100%1h1,772.3long leg$68K$271K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,767.5−0.266%$9K$6K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0176%1h1,774+0.096%$449K$2.1M10xas long as short
edgeX SNDKUSDC+0.0926%4h1,771.1−0.067%$563K$337K10xas long as short