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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 19:00 UTC−0.0032%/8hpaid last 24h +0.010%
Price spread now: Binance against Coinbase International+0.092%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$280.279% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$6 on $10k
Price spread, last 1 day (all we have)−0.098%−$10 · spread now +0.092%, 7d avg −0.031%
Together, before fees−0.043%−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.124% dearer against Coinbase International than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of −0.031%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SNDK-PERP-INTX1,769.10.0032pay 0.0004% / 1h4m 14s$434K$2.4M10x
ShortBinance SNDKUSDT1,770.70get 0.0000% / 8h4h 04m$287.1M$1.86B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Coinbase International. 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
−$6.72
Price spread: +0.092% → −0.031%
$12.38
Slippage, 4 orders
−$7.92
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$22.26
Costs to cover
0.279%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Binance: live order book, 14 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 Coinbase International live order book, 4 min ago3.47 bp8.5 bp −$813.3 bp −$133doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.03 bp5.7 bp −$65.8 bp −$5814.7 bp −$1,471doesn'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%8h1,759.8−0.525%$4.2M$4.4M75xas long as short
Phoenix SNDK−0.0045%1h1,758.5−0.599%$275K$162K15xas long as short
QFEX SNDK-USD−0.0009%1h1,767.9−0.068%$2.2M$22.0M10xas long as short
Aster SNDKUSD10.0000%8h1,770+0.053%$21.8M$40.2M20xas long as short
Binance SNDKUSDTshort0.0000%8h1,770.7+0.092%$287.1M$1.86B75x
Bybit SNDKUSDT0.0000%8h1,770.9+0.105%$32.5M$102.7M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,770.3+0.068%$87.5M$828.2M75xas long as short
RISEx SNDK/USDC0.0000%1h1,767.5−0.087%$127K$1.8M20xas long as short
Gate SNDK_USDT0.0000%8h1,769.3+0.009%$191.0M$239.6M75xas long as short
Bitget SNDKUSDT0.0000%8h1,770.2+0.063%$51.5M$168.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,758.7−0.586%$2.6M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,759.2−0.556%$9K$877K10xas long as short
Bullet SNDK-USD0.0000%1h1,769.5+0.023%$14K$294K10xas long as short
SunX SNDK-USDT0.0000%8h1,770.2+0.064%$674$4.0M20xas long as short
HTX SNDK-USDT0.0000%8h1,769.8+0.038%$1.5M$11.0M50xas long as short
Phemex SNDKUSDT0.0000%8h1,770.3+0.067%$2.8M$833K50xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0010%1h1,770.8+0.098%$49K$188K10xas long as short
Entropy io:SNDK+0.0025%1h1,758−0.627%$4.4M$20.0M10xas long as short
Lighter SNDK+0.0032%1h1,770.8+0.095%$1.7M$15.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,771+0.108%$1.3M$10.3M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,770.3+0.068%$418K$1.7M10xas long as short
Coinbase International SNDK-PERP-INTXlong+0.0032%1h1,769.1long leg$434K$2.4M10x
Injective SNDK/USDC PERP+0.0033%1h1,800+1.745%$36$19K12xas long as short
Aftermath Perps SNDKUSD+0.0035%1h1,758.6−0.592%$684$37K5xas long as short
Arcus SNDK-USD+0.0040%1h1,766.8−0.129%$291K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,766.4−0.154%$660K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,767.6−0.084%$243K$649K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,761.5−0.430%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,769.4+0.018%$111.4M$146.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,768.5−0.033%$196K$186K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,758.3−0.609%$719K$529K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,767.1−0.112%$1.4M$4.5M5xas long as short
Nado SNDK-PERP+0.0054%1h1,769.7+0.033%$355K$1.3M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,769.5+0.023%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,764−0.290%$195K$236K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,768.4−0.040%$6.2M$21.5M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,760.1−0.506%$68K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,770.1+0.056%$8K$1K20xas long as short
Kraken Futures PF_SNDKUSD+0.0475%1h1,770.7+0.092%$128K$405K20xas long as short
edgeX SNDKUSDC+0.0873%4h1,761.2−0.447%$557K$344K10xas long as short