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+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h −0.029%
Price spread now: Entropy against Pacifica−0.025%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$350.352% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.025%, 7d avg −0.021%
Together, before fees−0.064%+ Points / potential airdropPacifica: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SNDK1,767.70.0024pay 0.0003% / 1h5m 39s$197K$303K10x
ShortEntropy io:SNDK1,767.30.0050get 0.0006% / 1h5m 39s$4.7M$19.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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
$5.48
Price spread: −0.025% → −0.021%
−$0.35
Slippage, 4 orders
−$9.19
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$30.06
Costs to cover
0.352%
Break-even
45.4 days
Slippage from Pacifica: live order book, 43 min ago; Entropy: live order book, 11 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, 43 min ago0.56 bp6.5 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Entropy live order book, 11 min ago0.28 bp11.8 bp −$12doesn't fitdoesn'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
Bitget SNDKUSDT−0.0252%8h1,768+0.016%$47.2M$164.6M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,768.1+0.019%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0025%8h1,767.5−0.014%$6.1M$22.2M20xas long as short
QFEX SNDK-USD−0.0004%1h1,767.8+0.003%$1.4M$10.6M10xas long as short
Aster SNDKUSD10.0000%8h1,768.3+0.030%$21.6M$33.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,767.80.000%$280.4M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,768.2+0.026%$31.8M$103.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,768.1+0.020%$82.3M$834.5M75xas long as short
RISEx SNDK/USDC0.0000%1h1,768.9+0.065%$122K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,768.3+0.029%$177.0M$232.1M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,767.8+0.001%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,767.9+0.007%$16K$1.8M10xas long as short
Phoenix SNDK0.0000%1h1,767.4−0.019%$275K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,768.3+0.032%$13K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,767.8+0.002%$849$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,768.2+0.025%$51K$349K10xas long as short
HTX SNDK-USDT0.0000%8h1,767.5−0.014%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,768.5+0.045%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0011%1h1,768.5+0.042%$329K$1.5M10xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,767.2−0.030%$676$37K5xas long as short
Vest SNDK-USD-PERP+0.0016%1h1,766.6−0.065%$581K10xas long as short
Pacifica SNDKlong+0.0024%1h1,767.7long leg$197K$303K10x
Lighter RH SNDK+0.0032%1h1,768.2+0.028%$1.3M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,767.9+0.009%$453K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.823%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,766.6−0.064%$261K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,768+0.015%$243K$666K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,768+0.015%$119.1M$158.0M10xas long as short
Entropy io:SNDKshort+0.0050%1h1,767.3−0.025%$4.7M$19.8M10x
Polymarket Perps SNDK-USD+0.0050%1h1,767.4−0.019%$185K$131K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,767.70.000%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,768.4+0.037%$1.4M$5.1M5xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,770.1+0.135%$437K$2.3M10xas long as short
Lighter SNDK+0.0080%1h1,768.6+0.048%$1.8M$16.4M20xas long as short
Aevo SNDK-PERP+0.0080%1h1,767.9+0.008%$1K10xas long as short
SoDEX SNDK-USD+0.0094%1h1,768.1+0.019%$723K$520K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,768.4+0.036%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,767.8+0.002%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0121%1h1,768.7+0.052%$127K$347K20xas long as short
edgeX SNDKUSDC+0.0984%4h1,766.9−0.046%$561K$351K10xas long as short