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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0037%/8h= −4.0% APRnext payment $0.05 per $10,000 · paid last 24h −0.002%
Price spread now: QFEX against Injective−2.309%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 2.309% cheaper against Injective than usual: you would sell low and buy high (−$231 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SNDK/USDC PERP1,8000.0033pay 0.0004% / 1h25m 17s$36$9K12x
ShortQFEX SNDK-USD1,758.4−0.0004pay 0.0000% / 1h25m 17s$1.4M$10.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Injective. 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
−$7.74
Price spread: −2.309% → 0.000%
−$230.89
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$248.65
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 4 min ago. 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 Injective no order-book sample
Sell QFEX live order book, 4 min ago0.28 bp5.3 bp −$55.3 bp −$5310.1 bp −$1,015doesn't fit
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
Bitget SNDKUSDT−0.0309%8h1,758.9−2.283%$45.6M$163.3M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,758−2.332%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0043%8h1,757.8−2.343%$6.0M$22.1M20xas long as short
Entropy io:SNDK−0.0004%1h1,756.7−2.403%$4.7M$19.9M10xas long as short
QFEX SNDK-USDshort−0.0004%1h1,758.4−2.309%$1.4M$10.6M10x
Aster SNDKUSD10.0000%8h1,758.3−2.314%$21.5M$33.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,757.7−2.347%$279.3M$1.84B75xas long as short
Bybit SNDKUSDT0.0000%8h1,758.3−2.317%$31.6M$103.2M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,757.9−2.337%$81.8M$827.0M75xas long as short
RISEx SNDK/USDC0.0000%1h1,758−2.329%$120K$1.6M20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,757.9−2.338%$175.1M$230.7M75xas long as short
Variational Omni SNDK0.0000%8h1,756.4−2.419%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,758.2−2.319%$15K$1.7M10xas long as short
Phoenix SNDK0.0000%1h1,755.7−2.459%$273K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,758−2.331%$14K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,758.3−2.313%$920$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,758.1−2.325%$50K$347K10xas long as short
HTX SNDK-USDT0.0000%8h1,757.2−2.376%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,758−2.334%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0004%1h1,758.5−2.305%$327K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0007%1h1,754.8−2.507%$584K10xas long as short
Aftermath Perps SNDKUSD+0.0015%1h1,758.8−2.289%$654$37K5xas long as short
Pacifica SNDK+0.0024%1h1,756.8−2.396%$195K$303K10xas long as short
Lighter RH SNDK+0.0032%1h1,758.5−2.306%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,758.2−2.322%$419K$1.9M10xas long as short
Injective SNDK/USDC PERPlong+0.0033%1h1,800long leg$36$9K12x
Arcus SNDK-USD+0.0040%1h1,756.2−2.429%$260K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,759−2.276%$242K$657K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,757.9−2.337%$117.3M$156.3M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,758.4−2.309%$184K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,756.7−2.406%$718K$514K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,757.2−2.378%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,756.8−2.398%$1.3M$5.1M5xas long as short
Lighter SNDK+0.0064%1h1,759−2.278%$1.8M$16.2M20xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,758.9−2.281%$433K$2.3M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,758−2.331%$1K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,755.6−2.466%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,757.5−2.358%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,758.8−2.288%$126K$354K20xas long as short
edgeX SNDKUSDC+0.0391%4h1,755−2.498%$557K$351K10xas long as short