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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0256%/8h= −28.0% APRpaid last 24h +0.010%
Price spread now: Bitget against Deribit+0.005%48s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.427% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.068%+$7 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.005%, 7d avg −0.007%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.068%, so the current rate has only just turned against you. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.068% in total (about 6.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SNDK_USDC-PERPETUAL1,760.7−0.0113get 0.0014% / 1h27m 34s$51K$351K10x
ShortBitget SNDKUSDT1,760.8−0.0369pay 0.0369% / 8h1h 27m$48.0M$166.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Deribit. 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
−$53.68
Price spread: +0.005% → −0.007%
$1.18
Slippage, 4 orders
−$23.72
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$95.23
Costs to cover
0.427%
Break-even
never at this rate
Slippage from Deribit: live order book, 16 min ago; Bitget: live order book, 2 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 Deribit live order book, 16 min ago9.38 bp13.5 bp −$1318.3 bp −$183doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago0.20 bp7.3 bp −$711.9 bp −$119doesn'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
Bitget SNDKUSDTshort−0.0369%8h1,760.8+0.005%$48.0M$166.2M75x
BloFin SNDK-USDT−0.0120%8h1,760.1−0.036%$3.9M$4.6M75xas long as short
Deribit SNDK_USDC-PERPETUALlong−0.0113%1h1,760.7long leg$51K$351K10x
KuCoin SNDKUSDTM−0.0014%8h1,760−0.043%$6.0M$22.2M20xas long as short
QFEX SNDK-USD−0.0008%1h1,760−0.039%$1.4M$10.3M10xas long as short
Aster SNDKUSD10.0000%8h1,761.4+0.039%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,760.2−0.030%$280.1M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,760.4−0.016%$31.7M$103.4M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,760.4−0.018%$82.3M$835.2M75xas long as short
RISEx SNDK/USDC0.0000%1h1,761.5+0.047%$120K$1.6M20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,760.4−0.015%$177.2M$230.9M75xas long as short
Variational Omni SNDK0.0000%8h1,759−0.096%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,759.8−0.052%$10K$1.9M10xas long as short
Phoenix SNDK0.0000%1h1,758.9−0.103%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,760.9+0.013%$13K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,760.5−0.015%$864$3.5M20xas long as short
HTX SNDK-USDT0.0000%8h1,759.9−0.047%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,761.1+0.021%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,759.4−0.072%$722$38K5xas long as short
Vest SNDK-USD-PERP+0.0014%1h1,758.2−0.144%$581K10xas long as short
Nado SNDK-PERP+0.0019%1h1,760.8+0.007%$328K$1.5M10xas long as short
Lighter SNDK+0.0032%1h1,761.4+0.037%$1.8M$16.2M20xas long as short
Lighter RH SNDK+0.0032%1h1,760.8+0.007%$1.2M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,760.5−0.009%$491K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.229%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,758.8−0.108%$253K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,760.4−0.018%$242K$668K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,760.5−0.012%$118.4M$158.9M10xas long as short
Entropy io:SNDK+0.0050%1h1,760.1−0.035%$4.7M$19.7M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,759.5−0.069%$185K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,760.4−0.018%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,760.3−0.024%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,759.6−0.063%$1.3M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,760.5−0.012%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,760.5−0.012%$197K$304K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,760.9+0.010%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,760.3−0.025%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,761+0.015%$431K$2.3M10xas long as short
Kraken Futures PF_SNDKUSD+0.0401%1h1,761.1+0.022%$127K$346K20xas long as short
edgeX SNDKUSDC+0.0796%4h1,760.1−0.032%$559K$351K10xas long as short