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−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h +0.015%
Price spread now: Extended against Entropy−0.022%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$290.295% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.088%+$9 on $10k
Price spread, last 7 days+0.057%+$6 · spread now −0.022%, 7d avg +0.036%
Together, before fees+0.145%+ Points / potential airdropExtended: Active · farm board+$14 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 Extended is 0.058% cheaper against Entropy than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.036%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.088%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:SNDK1,759.10.0050pay 0.0006% / 1h51m 16s$4.6M$19.5M10x
ShortExtended SNDK_24_5-USD1,758.70.0032get 0.0004% / 1h51m 16s$490K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Entropy. 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
−$3.78
Price spread: −0.022% → +0.036%
−$5.77
Slippage, 4 orders
−$6.47
Fee Entropy: 9 bp × 2 orders
−$18
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$39.03
Costs to cover
0.295%
Break-even
never at this rate
Slippage from Entropy: live order book, 4 min ago; Extended: 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 Entropy live order book, 4 min ago0.28 bp11.6 bp −$1214.6 bp −$146doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.80 bp4.1 bp −$411.3 bp −$113doesn'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 SNDKUSDT−0.0320%8h1,759.3+0.012%$48.3M$166.4M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,758.8−0.015%$3.9M$4.6M75xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0040%1h1,758.9−0.014%$51K$351K10xas long as short
Nado SNDK-PERP−0.0033%1h1,759.5+0.022%$326K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0014%8h1,758.5−0.034%$6.0M$22.3M20xas long as short
QFEX SNDK-USD−0.0001%1h1,758.7−0.025%$1.4M$10.0M10xas long as short
Aster SNDKUSD10.0000%8h1,760.2+0.060%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,759−0.008%$279.3M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,759.3+0.010%$31.7M$103.8M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,759.2+0.006%$82.3M$833.4M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,759.5+0.025%$120K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,758.9−0.014%$177.0M$228.0M75xas long as short
Variational Omni SNDK0.0000%8h1,758.5−0.034%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,758.8−0.019%$21K$2.0M10xas long as short
Phoenix SNDK0.0000%1h1,758.5−0.034%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,758.9−0.011%$13K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,758.6−0.031%$865$3.5M20xas long as short
HTX SNDK-USDT0.0000%8h1,758.5−0.034%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,759−0.006%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0011%1h1,759.3+0.011%$740$38K5xas long as short
Vest SNDK-USD-PERP+0.0014%1h1,756.5−0.150%$579K10xas long as short
Lighter SNDK+0.0032%1h1,760+0.052%$1.8M$16.2M20xas long as short
Lighter RH SNDK+0.0032%1h1,759.2+0.008%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USDshort+0.0032%1h1,758.7−0.022%$490K$2.0M10x
Injective SNDK/USDC PERP+0.0033%1h1,800+2.323%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,758.4−0.042%$254K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,759−0.006%$242K$654K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,758.8−0.017%$118.8M$159.1M10xas long as short
Entropy io:SNDKlong+0.0050%1h1,759.1long leg$4.6M$19.5M10x
Polymarket Perps SNDK-USD+0.0050%1h1,757.8−0.074%$185K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,758.8−0.016%$719K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,759−0.007%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,758.4−0.040%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,758.6−0.029%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,759.1+0.003%$197K$305K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,759.9+0.045%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,758.3−0.047%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,759.6+0.030%$431K$2.2M10xas long as short
Kraken Futures PF_SNDKUSD+0.0274%1h1,759.1+0.003%$126K$340K20xas long as short
edgeX SNDKUSDC+0.0993%4h1,759−0.006%$559K$351K10xas long as short