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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.013%
Price spread now: Coinbase International against Aster−0.088%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$300.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$5 on $10k
Price spread, last 3 days (all we have)−0.075%−$8 · spread now −0.088%, 7d avg +0.016%
Together, before fees−0.021%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.104% cheaper against Aster than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.016%). If the spread goes back, that is −$10 on $10k: about 6.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.055% in total) that is about 13 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SNDKUSD11,763.80get 0.0000% / 8h3h 31m$21.7M$40.2M20x
ShortCoinbase International SNDK-PERP-INTX1,762.30.0056get 0.0007% / 1h31m 07s$432K$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$11.76
Price spread: −0.088% → +0.016%
−$10.39
Slippage, 4 orders
−$11.89
Fee Aster: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$28.52
Costs to cover
0.299%
Break-even
24.0 days
Slippage from Aster: live order book, 4 min ago; Coinbase International: 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 Aster live order book, 4 min ago0.03 bp4.9 bp −$514.0 bp −$140doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago2.27 bp7.8 bp −$812.6 bp −$126doesn'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%8h1,764.1+0.016%$4.2M$4.5M75xas long as short
Phoenix SNDK−0.0045%1h1,763.2−0.035%$275K$195K15xas long as short
Aster SNDKUSD1long0.0000%8h1,763.8long leg$21.7M$40.2M20x
Binance SNDKUSDT0.0000%8h1,763.6−0.010%$286.3M$1.89B75xas long as short
Bybit SNDKUSDT0.0000%8h1,763.9+0.005%$31.7M$104.9M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,763.8−0.001%$87.7M$838.9M75xas long as short
RISEx SNDK/USDC0.0000%1h1,763.8+0.002%$130K$1.8M20xas long as short
Gate SNDK_USDT0.0000%8h1,763.8+0.001%$184.4M$243.6M75xas long as short
Bitget SNDKUSDT0.0000%8h1,764.1+0.016%$50.4M$170.4M75xas long as short
Variational Omni SNDK0.0000%8h1,761.5−0.132%$2.6M$4.8Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp0.0000%8h1,763.4−0.023%$12K$932K10xas long as short
Bullet SNDK-USD0.0000%1h1,763.7−0.006%$13K$293K10xas long as short
SunX SNDK-USDT0.0000%8h1,763.2−0.036%$809$4.0M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,763.5−0.018%$49K$191K10xas long as short
HTX SNDK-USDT0.0000%8h1,762.7−0.062%$1.5M$11.1M50xas long as short
Phemex SNDKUSDT0.0000%8h1,764+0.012%$2.8M$863K50xas long as short
Aftermath Perps SNDKUSD+0.0002%1h1,763.6−0.013%$721$37K5xas long as short
QFEX SNDK-USD+0.0002%1h1,763.3−0.028%$2.2M$21.9M10xas long as short
Nado SNDK-PERP+0.0005%1h1,763.5−0.020%$338K$1.3M10xas long as short
Lighter SNDK+0.0032%1h1,763.9+0.006%$1.6M$16.3M20xas long as short
Lighter RH SNDK+0.0032%1h1,763.8−0.002%$1.4M$10.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,763.8−0.001%$416K$1.8M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.050%$36$19K12xas long as short
Arcus SNDK-USD+0.0040%1h1,762.4−0.080%$288K$1.7M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,761.7−0.118%$670K10xas long as short
Paradex SNDK-USD-PERP+0.0048%8h1,763.1−0.042%5xas long as short
Popdex SNDKUSDT+0.0048%1h1,763.1−0.040%$243K$678K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,763.5−0.018%$110.1M$149.2M10xas long as short
Entropy io:SNDK+0.0050%1h1,763.3−0.029%$4.4M$20.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,763.2−0.035%$195K$186K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,763.2−0.036%$721K$546K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,762.4−0.080%$1.4M$4.6M5xas long as short
Coinbase International SNDK-PERP-INTXshort+0.0056%1h1,762.3−0.088%$432K$2.4M10x
Aevo SNDK-PERP+0.0080%1h1,763.3−0.028%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,762.9−0.054%$212K$291K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,763−0.045%$6.1M$21.9M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,764.3+0.027%$68K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,763.1−0.041%$8K$2K20xas long as short
Kraken Futures PF_SNDKUSD+0.0275%1h1,764+0.009%$127K$414K20xas long as short
edgeX SNDKUSDC+0.0631%4h1,763.4−0.021%$560K$355K10xas long as short