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+0.0051%/8h= +5.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.022%
Price spread now: RISEx against Entropy+0.071%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$300.295% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.103%+$10 on $10k
Price spread, last 7 days−0.039%−$4 · spread now +0.071%, 7d avg +0.074%
Together, before fees+0.064%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.074%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:SNDK1,790.1−0.0051get 0.0006% / 1h10m 27s$4.9M$20.0M10x
ShortRISEx SNDK/USDC1,791.40get 0.0000% / 1h10m 27s$171K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$10.74
Price spread: +0.071% → +0.074%
−$0.32
Slippage, 4 orders
−$5.5
Fee Entropy: 9 bp × 2 orders
−$18
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$19.08
Costs to cover
0.295%
Break-even
19.4 days
Slippage from Entropy: live order book, 5 min ago; RISEx: live order book, 3 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, 5 min ago0.28 bp9.7 bp −$1013.5 bp −$135doesn't fitdoesn't fit
Sell RISEx live order book, 3 min ago1.45 bp4.5 bp −$45.5 bp −$55doesn'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%8h1,790.8+0.038%$4.0M$4.4M75xas long as short
Phoenix SNDK−0.0089%1h1,789.9−0.011%$279K$193K15xas long as short
Nado SNDK-PERP−0.0071%1h1,790.7+0.035%$349K$1.5M10xas long as short
Entropy io:SNDKlong−0.0051%1h1,790.1long leg$4.9M$20.0M10x
QFEX SNDK-USD−0.0033%1h1,790.3+0.010%$1.4M$13.1M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0032%1h1,791.2+0.059%$437K$2.3M10xas long as short
KuCoin SNDKUSDTM−0.0018%8h1,789.7−0.024%$6.1M$22.3M20xas long as short
Aster SNDKUSD10.0000%8h1,790.7+0.036%$21.8M$35.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,790.5+0.022%$285.8M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,791+0.048%$32.7M$100.5M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,790.5+0.022%$84.1M$826.9M75xas long as short
RISEx SNDK/USDCshort0.0000%1h1,791.4+0.071%$171K$1.7M20x
Gate SNDK_USDT0.0000%8h1,790.4+0.019%$180.3M$231.1M75xas long as short
Bitget SNDKUSDT0.0000%8h1,790.4+0.016%$44.0M$161.7M75xas long as short
Variational Omni SNDK0.0000%8h1,790.2+0.005%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,789.6−0.027%$13K$1.4M10xas long as short
Bullet SNDK-USD0.0000%1h1,790.4+0.017%$14K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,789.2−0.049%$734$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,790.6+0.028%$51K$345K10xas long as short
HTX SNDK-USDT0.0000%8h1,790.1−0.002%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790.6+0.026%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0004%1h1,790.5+0.025%$697$38K5xas long as short
Lighter SNDK+0.0032%1h1,791.7+0.087%$1.7M$15.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,791.2+0.060%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,790.5+0.021%$453K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.551%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,788.9−0.067%$278K$1.4M10xas long as short
Kraken Futures PF_SNDKUSD+0.0044%1h1,791.2+0.061%$130K$352K20xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.3+0.009%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,790.5+0.022%$247K$648K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,790.4+0.015%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,790.8+0.039%$118.0M$148.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,790−0.006%$188K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,790.2+0.005%$732K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,790.10.000%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,790.1−0.001%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,790.7+0.034%$199K$287K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,789.7−0.025%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,790.2+0.005%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0346%4h1,789.1−0.058%$568K$353K10xas long as short