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+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.004%
Price spread now: Popdex against RISEx−0.063%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$140.141% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.063%, 7d avg −0.022%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Popdex is 0.040% cheaper against RISEx than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.022%). If the spread goes back, that is −$4 on $10k: about 2.8 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SNDK/USDC1,759.30get 0.0000% / 1h57m 28s$120K$1.6M20x
ShortPopdex SNDKUSDT1,758.20.0048get 0.0006% / 1h57m 28s$242K$655K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$10.08
Price spread: −0.063% → −0.022%
−$4.02
Slippage, 4 orders
−$1.66
Fee RISEx: 3 bp × 2 orders
−$6
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$8.01
Costs to cover
0.141%
Break-even
12.6 days
Slippage from RISEx: live order book, 1 min ago; Popdex: live order book, 47 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, 1 min ago0.51 bp3.5 bp −$46.0 bp −$60doesn't fitdoesn't fit
Sell Popdex live order book, 47 min ago0.28 bp3.5 bp −$310.2 bp −$102doesn'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−0.0291%8h1,758.5−0.048%$48.2M$167.5M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,759.2−0.003%$3.9M$4.6M75xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0063%1h1,757.8−0.088%$51K$351K10xas long as short
Nado SNDK-PERP−0.0054%1h1,759.4+0.007%$327K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0008%8h1,759−0.019%$6.0M$22.3M20xas long as short
QFEX SNDK-USD−0.0001%1h1,757.9−0.078%$1.4M$10.1M10xas long as short
Aster SNDKUSD10.0000%8h1,760+0.038%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,758.4−0.052%$278.7M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,758.7−0.033%$31.9M$103.7M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,758.1−0.068%$82.2M$834.1M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDClong0.0000%1h1,759.3long leg$120K$1.6M20x
Gate SNDK_USDT0.0000%8h1,758.3−0.059%$177.2M$227.8M75xas long as short
Variational Omni SNDK0.0000%8h1,759.8+0.028%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,759.9+0.033%$20K$2.0M10xas long as short
Phoenix SNDK0.0000%1h1,758.8−0.028%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,758−0.074%$13K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,759.1−0.010%$909$3.5M20xas long as short
HTX SNDK-USDT0.0000%8h1,757.1−0.127%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,758.1−0.070%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0011%1h1,760.4+0.060%$673$38K5xas long as short
Vest SNDK-USD-PERP+0.0014%1h1,756−0.188%$579K10xas long as short
Lighter RH SNDK+0.0032%1h1,758.9−0.021%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,758.5−0.046%$490K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.311%$36$9K12xas long as short
Lighter SNDK+0.0040%1h1,759.3+0.002%$1.7M$16.2M20xas long as short
Arcus SNDK-USD+0.0040%1h1,758.7−0.033%$254K$1.5M10xas long as short
Polymarket Perps SNDK-USD+0.0044%1h1,757−0.131%$185K$130K10xas long as short
Popdex SNDKUSDTshort+0.0048%1h1,758.2−0.063%$242K$655K20x
tradeXYZ xyz:SNDK+0.0050%1h1,758.4−0.051%$118.7M$159.2M10xas long as short
Entropy io:SNDK+0.0050%1h1,759.6+0.017%$4.6M$19.6M10xas long as short
SoDEX SNDK-USD+0.0050%1h1,757.7−0.094%$719K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,758.7−0.032%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,757.2−0.119%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,757.4−0.110%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,758.4−0.049%$197K$305K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,760.6+0.076%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,757.2−0.119%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,759.6+0.019%$431K$2.2M10xas long as short
Kraken Futures PF_SNDKUSD+0.0275%1h1,758.1−0.070%$126K$340K20xas long as short
edgeX SNDKUSDC+0.0480%4h1,759.2−0.007%$559K$349K10xas long as short