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+0.0100%/8h= +10.9% APRpaid last 24h +0.036%
Price spread now: ApeX Omni against Aster+0.190%79s7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.398% 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 3 days (all we have)−0.205%−$20 · spread now +0.190%, 7d avg +0.020%
Together, before fees−0.082%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.170% dearer against Aster than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.020%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SNDKUSD11,790.40get 0.0000% / 8h7h 24m$21.8M$43.9M20x
ShortApeX Omni SNDKUSDT1,793.80.0100get 0.0013% / 1h24m 07s$69K$269K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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: +0.190% → +0.020%
$16.96
Slippage, 4 orders
−$21.76
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$1.8
Costs to cover
0.398%
Break-even
7.6 days
Slippage from Aster: live order book, 5 min ago; ApeX Omni: live order book, 48 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 Aster live order book, 5 min ago1.90 bp6.1 bp −$610.6 bp −$106doesn't fitdoesn't fit
Sell ApeX Omni live order book, 48 min ago7.91 bp13.0 bp −$1346.8 bp −$468doesn'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
Deribit SNDK_USDC-PERPETUAL−0.0175%1h1,789.4−0.058%$50K$314K10xas long as short
BloFin SNDK-USDT−0.0120%8h1,791.3+0.049%$4.1M$4.5M75xas long as short
Aster SNDKUSD1long0.0000%8h1,790.4long leg$21.8M$43.9M20x
Binance SNDKUSDT0.0000%8h1,789.2−0.069%$286.1M$1.84B75xas long as short
Bybit SNDKUSDT0.0000%8h1,789.3−0.063%$32.0M$100.2M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,789.1−0.075%$86.7M$834.8M75xas long as short
Gate SNDK_USDT0.0000%8h1,789.6−0.047%$182.3M$235.2M75xas long as short
Bitget SNDKUSDT0.0000%8h1,788.9−0.084%$48.0M$169.0M75xas long as short
Variational Omni SNDK0.0000%8h1,792.4+0.107%$2.6M$4.6Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,793.3+0.157%$22K$1.1M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SNDK0.0000%1h1,787.7−0.153%$278K$195K15xas long as short
Bullet SNDK-USD0.0000%1h1,789.6−0.047%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,788.1−0.134%$862$3.8M20xas long as short
HTX SNDK-USDT0.0000%8h1,789−0.080%$1.5M$10.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,788.7−0.098%$2.8M$1.1M50xas long as short
QFEX SNDK-USD+0.0001%1h1,789.3−0.065%$2.0M$19.7M10xas long as short
RISEx SNDK/USDC+0.0004%1h1,790.5+0.006%$171K$1.8M20xas long as short
Nado SNDK-PERP+0.0006%1h1,790.4−0.005%$347K$1.4M10xas long as short
Aftermath Perps SNDKUSD+0.0008%1h1,790−0.027%$684$37K5xas long as short
Lighter SNDK+0.0032%1h1,790.1−0.021%$1.7M$16.3M20xas long as short
Lighter RH SNDK+0.0032%1h1,790−0.026%$1.4M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,789.6−0.048%$442K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.532%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,790.2−0.015%$305K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.4−0.005%$585K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,789.7−0.041%$246K$648K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,790.9+0.027%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,789.5−0.053%$115.1M$147.1M10xas long as short
Entropy io:SNDK+0.0050%1h1,790.2−0.013%$4.9M$20.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,789.5−0.053%$187K$135K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,790.6+0.009%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,788.8−0.092%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,790.6+0.010%$199K$291K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,789.1−0.075%$6.1M$21.9M20xas long as short
ApeX Omni SNDKUSDTshort+0.0100%1h1,793.8+0.190%$69K$269K50x
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,789.1−0.076%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0128%1h1,790−0.024%$441K$2.3M10xas long as short
SoDEX SNDK-USD+0.0222%1h1,788.9−0.084%$731K$515K10xas long as short
edgeX SNDKUSDC+0.0285%4h1,791.6+0.066%$569K$353K10xas long as short
Kraken Futures PF_SNDKUSD+0.0660%1h1,789.5−0.054%$130K$379K20xas long as short