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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Phemex−0.143%7-day average −0.006% · 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 7 days+0.077%+$8 on $10k
Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.143%, 7d avg −0.006%
Together, before fees+0.257%+ Points / potential airdropOndo Perps: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.137% cheaper against Phemex than usual: you would sell low and buy high (spread −0.143% now, against its 7-day average of −0.006%). If the spread goes back, that is −$14 on $10k: about 9.1 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SNDKUSDT1,768.40get 0.0000% / 8h3h 03m$2.8M$1.1M50x
ShortOndo Perps SNDK-USD.P1,765.90.0050get 0.0006% / 1h3m 28s$1.4M$5.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Phemex. 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
$10.58
Price spread: −0.143% → −0.006%
−$13.69
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$20.11
Costs to cover
0.170%
Break-even
20.3 days
Slippage unknown: Phemex: live order book, 5 min ago; Ondo Perps: no order-book sample. 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 Phemex live order book, 5 min ago1.59 bp30.3 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
BloFin SNDK-USDT−0.0120%8h1,766.5−0.109%$3.9M$4.4M75xas long as short
KuCoin SNDKUSDTM−0.0048%8h1,765.9−0.143%$6.1M$22.1M20xas long as short
Entropy io:SNDK−0.0028%1h1,766.4−0.114%$4.8M$19.8M10xas long as short
QFEX SNDK-USD−0.0019%1h1,763.7−0.268%$1.4M$11.9M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,767.2−0.068%$433K$2.3M10xas long as short
Nado SNDK-PERP−0.0001%1h1,764.4−0.229%$337K$1.5M10xas long as short
Aster SNDKUSD10.0000%8h1,765.3−0.178%$21.5M$32.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,764.2−0.238%$279.7M$1.83B75xas long as short
Bybit SNDKUSDT0.0000%8h1,764.7−0.209%$31.7M$102.4M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,764.6−0.216%$81.8M$826.9M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,765.4−0.169%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,764.4−0.227%$176.9M$231.9M75xas long as short
Bitget SNDKUSDT0.0000%8h1,764.9−0.197%$44.2M$162.8M75xas long as short
Variational Omni SNDK0.0000%8h1,767.8−0.035%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,766.8−0.094%$10K$1.6M10xas long as short
Phoenix SNDK0.0000%1h1,767.6−0.046%$275K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,768−0.023%$14K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,767.4−0.059%$774$3.6M20xas long as short
HTX SNDK-USDT0.0000%8h1,767.8−0.037%$1.4M$10.7M50xas long as short
Phemex SNDKUSDTlong0.0000%8h1,768.4long leg$2.8M$1.1M50x
Aftermath Perps SNDKUSD+0.0012%1h1,767.8−0.037%$658$38K5xas long as short
Vest SNDK-USD-PERP+0.0021%1h1,762.3−0.347%$592K10xas long as short
Lighter SNDK+0.0032%1h1,765.8−0.148%$1.8M$16.1M20xas long as short
Lighter RH SNDK+0.0032%1h1,766.1−0.129%$1.3M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,764.1−0.243%$424K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.784%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,766−0.136%$262K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,764.7−0.210%$243K$655K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,764.2−0.240%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,764.4−0.227%$117.1M$153.3M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,763.8−0.261%$184K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,767.3−0.061%$722K$514K10xas long as short
Ondo Perps SNDK-USD.Pshort+0.0050%1h1,765.9−0.143%$1.4M$5.1M5x
Deribit SNDK_USDC-PERPETUAL+0.0078%1h1,768.3−0.005%$51K$346K10xas long as short
Aevo SNDK-PERP+0.0080%1h1,767.9−0.031%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,765.8−0.151%$196K$296K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,765.9−0.142%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,767.1−0.074%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,768.4−0.003%$128K$355K20xas long as short
edgeX SNDKUSDC+0.0477%4h1,766.5−0.109%$561K$353K10xas long as short