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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0019%/8h= −2.1% APRnext payment $0.19 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against Bybit−0.066%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$370.368% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 7 days+0.032%+$3 · spread now −0.066%, 7d avg −0.037%
Together, before fees+0.080%+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.029% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SNDKUSDT1,791.20get 0.0000% / 8h4h 07m$32.8M$100.5M100x
ShortKuCoin SNDKUSDTM1,790−0.0019pay 0.0019% / 8h4h 07m$6.1M$22.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
−$3.99
Price spread: −0.066% → −0.037%
−$2.95
Slippage, 4 orders
−$13.78
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$43.72
Costs to cover
0.368%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 11 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 Bybit live order book, 1 min ago0.31 bp8.0 bp −$810.2 bp −$10232.0 bp −$3,203doesn't fit
Sell KuCoin live order book, 11 min ago0.92 bp10.7 bp −$1139.8 bp −$398doesn'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%8h1,790.6−0.035%$4.0M$4.4M75xas long as short
Phoenix SNDK−0.0089%1h1,790.6−0.032%$279K$193K15xas long as short
Nado SNDK-PERP−0.0068%1h1,791−0.008%$349K$1.5M10xas long as short
Entropy io:SNDK−0.0042%1h1,790.3−0.049%$4.9M$19.8M10xas long as short
QFEX SNDK-USD−0.0033%1h1,790.4−0.043%$1.4M$13.1M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0032%1h1,791.2+0.002%$437K$2.3M10xas long as short
KuCoin SNDKUSDTMshort−0.0019%8h1,790−0.066%$6.1M$22.3M20x
Aster SNDKUSD10.0000%8h1,791−0.011%$21.8M$35.8M20xas long as short
Binance SNDKUSDT0.0000%8h1,790.7−0.026%$285.8M$1.80B75xas long as short
Bybit SNDKUSDTlong0.0000%8h1,791.2long leg$32.8M$100.5M100x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,790.6−0.032%$83.9M$827.2M75xas long as short
RISEx SNDK/USDC0.0000%1h1,791.5+0.021%$171K$1.7M20xas long as short
Gate SNDK_USDT0.0000%8h1,790.6−0.035%$180.3M$231.1M75xas long as short
Bitget SNDKUSDT0.0000%8h1,790.5−0.037%$44.0M$161.7M75xas long as short
Variational Omni SNDK0.0000%8h1,790.2−0.056%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,790.6−0.032%$14K$1.4M10xas long as short
Bullet SNDK-USD0.0000%1h1,790.4−0.043%$13K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,789.1−0.117%$964$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,790.8−0.020%$51K$345K10xas long as short
HTX SNDK-USDT0.0000%8h1,790.1−0.059%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790.5−0.039%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0004%1h1,790.5−0.038%$697$38K5xas long as short
Lighter SNDK+0.0032%1h1,791.7+0.026%$1.7M$15.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,791.3+0.004%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,790.5−0.038%$451K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.490%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,789.2−0.113%$278K$1.4M10xas long as short
Kraken Futures PF_SNDKUSD+0.0044%1h1,790.9−0.016%$130K$352K20xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.3−0.048%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,790.3−0.049%$247K$648K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,790.4−0.042%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,791−0.010%$118.7M$149.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,790.1−0.060%$188K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,790.4−0.045%$732K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,790.6−0.032%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,790.2−0.057%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,790.7−0.027%$199K$287K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,791.4+0.010%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,790−0.065%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0687%4h1,790.1−0.059%$569K$351K10xas long as short