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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0400%/8h= +43.8% APRnext payment +$0.50 per $10,000 · paid last 24h +0.061%
Price spread now: Kraken Futures against RISEx+0.030%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−$35as in the Price arb table
costs, in and out, $10k−$400.404% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.226%+$23 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.030%, 7d avg −0.024%
Together, before fees+0.169%+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Kraken Futures is 0.054% dearer against RISEx than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SNDK/USDC1,763.30get 0.0000% / 1h24m 12s$121K$1.6M20x
ShortKraken Futures PF_SNDKUSD1,763.80.0400get 0.0050% / 1h24m 12s$127K$346K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against RISEx. 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
$84.06
Price spread: +0.030% → −0.024%
$5.37
Slippage, 4 orders
−$24.4
Fee RISEx: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$49.04
Costs to cover
0.404%
Break-even
2.9 days
Slippage from RISEx: live order book, 5 min ago; Kraken Futures: live order book, 18 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 RISEx live order book, 5 min ago0.68 bp3.7 bp −$44.8 bp −$48doesn't fitdoesn't fit
Sell Kraken Futures live order book, 18 min ago2.27 bp17.8 bp −$1838.4 bp −$384doesn'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−0.0361%8h1,763.4+0.005%$47.9M$166.5M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,762.7−0.031%$3.9M$4.6M75xas long as short
KuCoin SNDKUSDTM−0.0009%8h1,762−0.073%$6.0M$22.2M20xas long as short
QFEX SNDK-USD−0.0008%1h1,762.5−0.042%$1.4M$10.3M10xas long as short
Aster SNDKUSD10.0000%8h1,763.1−0.010%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,763.5+0.014%$280.3M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,763.4+0.006%$31.8M$103.5M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,763.5+0.013%$82.5M$836.8M75xas long as short
RISEx SNDK/USDClong0.0000%1h1,763.3long leg$121K$1.6M20x
Gate SNDK_USDT0.0000%8h1,762.7−0.031%$176.9M$231.1M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,761.5−0.098%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,760.2−0.174%$10K$2.0M10xas long as short
Phoenix SNDK0.0000%1h1,761−0.129%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,763−0.016%$14K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,762.9−0.020%$802$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,763.4+0.004%$51K$351K10xas long as short
HTX SNDK-USDT0.0000%8h1,762.7−0.034%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,764.1+0.046%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0013%1h1,760.9−0.137%$655$37K5xas long as short
Vest SNDK-USD-PERP+0.0015%1h1,760.5−0.157%$581K10xas long as short
Nado SNDK-PERP+0.0018%1h1,763.4+0.006%$328K$1.5M10xas long as short
Lighter SNDK+0.0032%1h1,764.5+0.067%$1.8M$16.2M20xas long as short
Lighter RH SNDK+0.0032%1h1,763.7+0.024%$1.3M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,763.1−0.009%$491K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.080%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,760−0.184%$253K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,763.2−0.004%$242K$668K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,762.8−0.027%$118.6M$158.8M10xas long as short
Entropy io:SNDK+0.0050%1h1,761.2−0.118%$4.7M$19.6M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,761.8−0.084%$185K$130K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,762.5−0.046%$721K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,762.8−0.025%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,763−0.016%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,762.8−0.027%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,762.5−0.044%$198K$304K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,760.4−0.162%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,762.5−0.043%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,761−0.131%$431K$2.3M10xas long as short
Kraken Futures PF_SNDKUSDshort+0.0400%1h1,763.8+0.030%$127K$346K20x
edgeX SNDKUSDC+0.0891%4h1,760.1−0.182%$559K$351K10xas long as short