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−0.0220%/8h= −24.1% APRpaid last 24h −0.067%
Price spread now: BloFin against Pacifica−0.010%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.261% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 4 days (all we have)−0.025%−$2 · spread now −0.010%, 7d avg +0.012%
Together, before fees+0.042%+ Points / potential airdropPacifica: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.022% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.012%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.067%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.067% in total (about 3.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SNDK1,761.80.0100pay 0.0013% / 1h4m 29s$197K$307K10x
ShortBloFin SNDK-USDT1,761.7−0.0120pay 0.0120% / 8h4m 29s$4.0M$4.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Pacifica. 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
−$46.2
Price spread: −0.010% → +0.012%
−$2.23
Slippage, 4 orders
−$6.05
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$74.48
Costs to cover
0.261%
Break-even
never at this rate
Slippage from Pacifica: live order book, 34 min ago; BloFin: live order book, 4 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 Pacifica live order book, 34 min ago0.28 bp5.3 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago0.63 bp7.1 bp −$77.7 bp −$7712.1 bp −$1,207doesn'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−0.0246%8h1,761.9+0.006%$50.0M$166.6M75xas long as short
BloFin SNDK-USDTshort−0.0120%8h1,761.7−0.010%$4.0M$4.6M75x
Deribit SNDK_USDC-PERPETUAL−0.0051%1h1,762+0.007%$51K$356K10xas long as short
Nado SNDK-PERP−0.0004%1h1,762.6+0.042%$330K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0003%8h1,760.9−0.052%$6.0M$22.5M20xas long as short
QFEX SNDK-USD−0.0001%1h1,761.7−0.006%$1.4M$9.9M10xas long as short
Aster SNDKUSD10.0000%8h1,762.2+0.022%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,762.4+0.029%$279.9M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,762.6+0.043%$31.8M$103.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,762.4+0.032%$82.4M$833.3M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,763+0.068%$120K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,762.2+0.018%$179.0M$229.6M75xas long as short
Variational Omni SNDK0.0000%8h1,761.1−0.044%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,761−0.045%$20K$2.1M10xas long as short
Phoenix SNDK0.0000%1h1,761.4−0.025%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,761.9+0.004%$14K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,761.8−0.001%$759$3.4M20xas long as short
HTX SNDK-USDT0.0000%8h1,761.3−0.028%$1.4M$10.5M50xas long as short
Phemex SNDKUSDT0.0000%8h1,761.7−0.009%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0014%1h1,759.8−0.118%$579K10xas long as short
Aftermath Perps SNDKUSD+0.0016%1h1,761.4−0.024%$673$38K5xas long as short
Lighter SNDK+0.0032%1h1,762.8+0.053%$1.8M$16.4M20xas long as short
Lighter RH SNDK+0.0032%1h1,762.2+0.018%$1.2M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,761.7−0.009%$493K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.164%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,760.3−0.089%$256K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,762.4+0.032%$242K$651K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,761.9+0.004%$120.0M$157.6M10xas long as short
Entropy io:SNDK+0.0050%1h1,761.2−0.036%$4.6M$19.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,761−0.047%$185K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,761.5−0.017%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,761.6−0.010%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,761.6−0.013%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,761.6−0.012%$1K10xas long as short
Pacifica SNDKlong+0.0100%1h1,761.8long leg$197K$307K10x
ApeX Omni SNDKUSDT+0.0100%1h1,761.2−0.037%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,761.5−0.022%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,762+0.008%$429K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0274%1h1,762.3+0.029%$126K$340K20xas long as short
edgeX SNDKUSDC+0.0436%4h1,760.7−0.067%$559K$351K10xas long as short