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+0.0018%/8h= +2.0% APRpaid last 24h −0.014%
Price spread now: Deribit against KuCoin+0.054%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$510.507% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.099%−$10 on $10k
Price spread, last 4 days (all we have)−0.105%−$11 · spread now +0.054%, 7d avg +0.024%
Together, before fees−0.204%−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.029% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.024%. Mind the row above: over the last 4 days funding on this pair cost −0.099%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SNDKUSDTM1,789.7−0.0018get 0.0018% / 8h4h 10m$6.1M$22.3M20x
ShortDeribit SNDK_USDC-PERPETUAL1,790.70get 0.0000% / 1h10m 15s$51K$345K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against KuCoin. 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: +0.054% → +0.024%
$2.94
Slippage, 4 orders
−$31.72
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$44.01
Costs to cover
0.507%
Break-even
88.5 days
Slippage from KuCoin: live order book, 9 min ago; Deribit: live order book, 48 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 KuCoin live order book, 9 min ago0.92 bp11.5 bp −$1156.3 bp −$563doesn't fitdoesn't fit
Sell Deribit live order book, 48 min ago6.34 bp14.6 bp −$1518.2 bp −$182doesn'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+0.060%$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+0.057%$349K$1.5M10xas long as short
Entropy io:SNDK−0.0051%1h1,790.1+0.022%$4.9M$20.0M10xas long as short
QFEX SNDK-USD−0.0033%1h1,790.3+0.032%$1.4M$13.1M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0032%1h1,791.2+0.082%$437K$2.3M10xas long as short
KuCoin SNDKUSDTMlong−0.0018%8h1,789.7long leg$6.1M$22.3M20x
Aster SNDKUSD10.0000%8h1,790.8+0.061%$21.8M$35.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,790.5+0.046%$285.8M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,791+0.074%$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+0.045%$84.1M$826.9M75xas long as short
RISEx SNDK/USDC0.0000%1h1,791.4+0.093%$171K$1.7M20xas long as short
Gate SNDK_USDT0.0000%8h1,790.4+0.041%$180.3M$231.1M75xas long as short
Bitget SNDKUSDT0.0000%8h1,790.4+0.039%$44.0M$161.7M75xas long as short
Variational Omni SNDK0.0000%8h1,790.2+0.027%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,789.6−0.005%$13K$1.4M10xas long as short
Bullet SNDK-USD0.0000%1h1,790.4+0.039%$14K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,789.3−0.023%$832$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUALshort0.0000%1h1,790.7+0.054%$51K$345K10x
HTX SNDK-USDT0.0000%8h1,789.8+0.007%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790.4+0.038%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0004%1h1,790.5+0.047%$697$38K5xas long as short
Lighter SNDK+0.0032%1h1,791.3+0.087%$1.7M$15.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,791.2+0.083%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,790.5+0.043%$453K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.573%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,788.9−0.045%$278K$1.4M10xas long as short
Kraken Futures PF_SNDKUSD+0.0044%1h1,791+0.070%$130K$352K20xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.3+0.031%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,790.5+0.045%$247K$648K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,790.4+0.038%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,790.8+0.061%$118.0M$148.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,790+0.017%$188K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,790.4+0.039%$732K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,790.1+0.022%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,790.1+0.022%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,790.7+0.057%$199K$287K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,789.7−0.003%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,790.2+0.027%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0346%4h1,789.1−0.036%$568K$353K10xas long as short