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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0132%/8h= −14.5% APRnext payment $0.17 per $10,000 · paid last 24h −0.010%
Price spread now: Coinbase International against Pacifica−0.212%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$310.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.057%+$6 on $10k
Price spread, last 4 days (all we have)+0.220%+$22 · spread now −0.212%, 7d avg +0.021%
Together, before fees+0.277%+ Points / potential airdropPacifica: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 0.233% cheaper against Pacifica than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.021%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.057%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SNDK1,789.50.0100pay 0.0013% / 1h39m 32s$199K$287K10x
ShortCoinbase International SNDK-PERP-INTX1,785.7−0.0032pay 0.0004% / 1h39m 32s$439K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$27.72
Price spread: −0.212% → +0.021%
−$23.26
Slippage, 4 orders
−$12.96
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$81.94
Costs to cover
0.310%
Break-even
never at this rate
Slippage from Pacifica: live order book, 19 min ago; Coinbase International: 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, 19 min ago0.28 bp7.1 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago2.60 bp8.7 bp −$913.7 bp −$137doesn'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%8h1,790.2+0.042%$4.1M$4.4M75xas long as short
Entropy io:SNDK−0.0108%1h1,789−0.028%$4.9M$19.9M10xas long as short
Nado SNDK-PERP−0.0108%1h1,790.9+0.077%$310K$1.5M10xas long as short
Phoenix SNDK−0.0089%1h1,789.4−0.005%$279K$193K15xas long as short
QFEX SNDK-USD−0.0033%1h1,789.1−0.022%$1.5M$13.7M10xas long as short
Coinbase International SNDK-PERP-INTXshort−0.0032%1h1,785.7−0.212%$439K$2.3M10x
Aster SNDKUSD10.0000%8h1,789.5−0.002%$21.8M$37.2M20xas long as short
Binance SNDKUSDT0.0000%8h1,789.5−0.001%$287.2M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,789.9+0.023%$32.6M$100.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,789.4−0.005%$85.0M$826.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,790.3+0.043%$170K$1.7M20xas long as short
Gate SNDK_USDT0.0000%8h1,789.2−0.016%$180.1M$230.8M75xas long as short
Bitget SNDKUSDT0.0000%8h1,789.1−0.023%$43.8M$161.7M75xas long as short
Variational Omni SNDK0.0000%8h1,789.7+0.014%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,790+0.030%$20K$1.3M10xas long as short
Bullet SNDK-USD0.0000%1h1,790+0.027%$14K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,788.6−0.052%$910$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,790.4+0.048%$51K$344K10xas long as short
HTX SNDK-USDT0.0000%8h1,789.1−0.020%$1.4M$10.8M50xas long as short
Phemex SNDKUSDT0.0000%8h1,788.7−0.047%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0003%1h1,789.6+0.006%$666$38K5xas long as short
KuCoin SNDKUSDTM+0.0016%8h1,788.1−0.076%$6.1M$22.3M20xas long as short
Lighter SNDK+0.0032%1h1,790.1+0.032%$1.7M$15.7M20xas long as short
Lighter RH SNDK+0.0032%1h1,789.6+0.005%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,789.7+0.011%$450K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.585%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,786.9−0.148%$313K$1.4M10xas long as short
tradeXYZ xyz:SNDK+0.0044%1h1,789.4−0.005%$115.1M$146.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0044%1h1,790.4+0.050%$130K$352K20xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.2+0.041%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,789.50.000%$246K$647K20xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,789−0.026%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,789.7+0.011%$188K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,789.2−0.014%$731K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,790.2+0.039%$1.4M$5.0M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,789.5−0.001%$1K10xas long as short
edgeX SNDKUSDC+0.0083%4h1,789.1−0.023%$568K$351K10xas long as short
Pacifica SNDKlong+0.0100%1h1,789.5long leg$199K$287K10x
ApeX Omni SNDKUSDT+0.0100%1h1,790.4+0.053%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,789.1−0.023%$8K$3K20xas long as short