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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.004%
Price spread now: Injective against Entropy+1.224%95s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.077%−$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Injective is 1.224% dearer against Entropy than usual: you sell high and buy low: +$122 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:SNDK1,778.2−0.0062get 0.0008% / 1h39m 34s$4.6M$20.4M10x
ShortInjective SNDK/USDC PERP1,8000.0033get 0.0004% / 1h39m 34s$36$15K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$20.04
Price spread: +1.224% → 0.000%
$122.37
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$124.39
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Entropy: live order book, 7 min ago; Injective: no order-book sample. Net counts fees only.

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, 7 min ago0.28 bp10.2 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h1,778.5+0.016%$4.1M$4.5M75xas long as short
Entropy io:SNDKlong−0.0062%1h1,778.2long leg$4.6M$20.4M10x
QFEX SNDK-USD−0.0004%1h1,778.7+0.026%$2.2M$21.7M10xas long as short
Aster SNDKUSD10.0000%8h1,779.3+0.064%$22.0M$46.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,779+0.044%$284.5M$1.88B75xas long as short
Bybit SNDKUSDT0.0000%8h1,779+0.045%$31.8M$105.5M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,779+0.045%$87.3M$845.4M75xas long as short
Gate SNDK_USDT0.0000%8h1,778.9+0.039%$184.1M$239.4M75xas long as short
Bitget SNDKUSDT0.0000%8h1,779.1+0.049%$49.6M$170.8M75xas long as short
Variational Omni SNDK0.0000%8h1,778.7+0.026%$2.6M$4.7Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp0.0000%8h1,779+0.044%$12K$1.1M10xas long as short
Phoenix SNDK0.0000%1h1,778.6+0.022%$277K$195K15xas long as short
Bullet SNDK-USD0.0000%1h1,779.1+0.049%$14K$292K10xas long as short
SunX SNDK-USDT0.0000%8h1,778.6+0.023%$939$3.9M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,779.2+0.056%$50K$281K10xas long as short
HTX SNDK-USDT0.0000%8h1,778.6+0.022%$1.5M$11.1M50xas long as short
Phemex SNDKUSDT0.0000%8h1,779+0.043%$2.8M$1.0M50xas long as short
Aftermath Perps SNDKUSD+0.0012%1h1,778.7+0.026%$672$37K5xas long as short
RISEx SNDK/USDC+0.0018%1h1,780.2+0.113%$175K$1.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,779.1+0.050%$1.3M$9.9M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,778.6+0.024%$412K$1.6M10xas long as short
Injective SNDK/USDC PERPshort+0.0033%1h1,800+1.224%$36$15K12x
Arcus SNDK-USD+0.0040%1h1,778.5+0.015%$285K$1.7M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,778.7+0.025%$670K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,778.9+0.039%$245K$670K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,778.7+0.028%$113.4M$151.7M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,778.9+0.039%$197K$89K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,778.8+0.035%$727K$538K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,778.8+0.032%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,778.7+0.028%$1.4M$4.9M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,778.7+0.026%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0096%1h1,778.6+0.022%$442K$2.4M10xas long as short
Pacifica SNDK+0.0100%1h1,778.8+0.036%$212K$283K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,778.3+0.003%$6.0M$22.2M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,778.9+0.040%$68K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,777.9−0.019%$8K$2K20xas long as short
Lighter SNDK+0.0152%1h1,779.8+0.092%$1.6M$16.2M20xas long as short
Nado SNDK-PERP+0.0183%1h1,779+0.044%$387K$1.4M10xas long as short
Kraken Futures PF_SNDKUSD+0.0455%1h1,779.7+0.085%$129K$407K20xas long as short
edgeX SNDKUSDC+0.0896%4h1,778.5+0.015%$565K$354K10xas long as short