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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.006%
Price spread now: SoDEX against Coinbase International−0.275%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.052%+$5 on $10k
Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.275%, 7d avg −0.029%
Together, before fees+0.288%+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. SoDEX is 0.245% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.275% now, against its 7-day average of −0.029%). If the spread goes back, that is −$25 on $10k: about 14 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SNDK-PERP-INTX1,780.2−0.0008get 0.0001% / 1h40m 07s$433K$2.3M10x
ShortSoDEX SNDK-USD1,775.30.0050get 0.0006% / 1h40m 07s$726K$514K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$12.18
Price spread: −0.275% → −0.029%
−$24.53
Slippage, 4 orders
−$12.86
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$43.21
Costs to cover
0.309%
Break-even
31.8 days
Slippage from Coinbase International: live order book, 4 min ago; SoDEX: 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 ago2.44 bp7.5 bp −$712.3 bp −$123doesn't fitdoesn't fit
Sell SoDEX live order book, 14 min ago0.03 bp7.8 bp −$838.0 bp −$380doesn'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%8h1,777−0.179%$4.0M$4.4M75xas long as short
Entropy io:SNDK−0.0102%1h1,778.8−0.079%$4.8M$19.9M10xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0071%1h1,775.6−0.258%$51K$346K10xas long as short
KuCoin SNDKUSDTM−0.0044%8h1,776−0.235%$6.1M$22.1M20xas long as short
Nado SNDK-PERP−0.0043%1h1,778.4−0.102%$346K$1.5M10xas long as short
QFEX SNDK-USD−0.0019%1h1,776.4−0.215%$1.4M$12.2M10xas long as short
Coinbase International SNDK-PERP-INTXlong−0.0008%1h1,780.2long leg$433K$2.3M10x
Aster SNDKUSD10.0000%8h1,777.2−0.170%$21.7M$33.0M20xas long as short
Binance SNDKUSDT0.0000%8h1,775−0.292%$282.8M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,775.7−0.254%$32.4M$101.4M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,775.3−0.276%$83.0M$824.3M75xas long as short
RISEx SNDK/USDC0.0000%1h1,777.6−0.145%$170K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,775.2−0.284%$178.6M$229.4M75xas long as short
Bitget SNDKUSDT0.0000%8h1,775.5−0.264%$43.7M$162.3M75xas long as short
Variational Omni SNDK0.0000%8h1,777.2−0.171%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,780.4+0.010%$17K$1.5M10xas long as short
Phoenix SNDK0.0000%1h1,782.2+0.112%$278K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,775.5−0.265%$14K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,774.1−0.345%$685$3.6M20xas long as short
HTX SNDK-USDT0.0000%8h1,775−0.293%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,775.3−0.279%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0006%1h1,780.5+0.019%$662$38K5xas long as short
Lighter SNDK+0.0032%1h1,776.3−0.220%$1.7M$15.6M20xas long as short
Lighter RH SNDK+0.0032%1h1,776−0.237%$1.4M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,775.5−0.264%$435K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.109%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,778.7−0.084%$265K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,775.4−0.272%$580K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,776.2−0.225%$245K$651K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,777.5−0.152%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,775.7−0.253%$117.2M$150.9M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,776.1−0.231%$187K$128K10xas long as short
SoDEX SNDK-USDshort+0.0050%1h1,775.3−0.275%$726K$514K10x
Ondo Perps SNDK-USD.P+0.0050%1h1,776.6−0.203%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,775.4−0.269%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,776.9−0.187%$198K$289K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,780.5+0.018%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,774.6−0.313%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,776−0.234%$129K$352K20xas long as short
edgeX SNDKUSDC+0.0553%4h1,779.1−0.061%$565K$351K10xas long as short