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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.043%
Price spread now: BloFin against SunX−0.061%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$760.764% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.171%+$17 on $10k
Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.061%, 7d avg +0.045%
Together, before fees+0.277%+$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 BloFin is 0.106% cheaper against SunX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.045%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.171%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SNDK-USDT1,769.30get 0.0000% / 8h2h 45m$678$3.5M20x
ShortBloFin SNDK-USDT1,768.2−0.0120pay 0.0120% / 8h2h 45m$3.9M$4.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
−$25.2
Price spread: −0.061% → +0.045%
−$10.63
Slippage, 4 orders
−$56.44
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$112.27
Costs to cover
0.764%
Break-even
never at this rate
Slippage from SunX: live order book, 3 min ago; BloFin: live order book, 3 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 SunX live order book, 3 min ago28.08 bp32.1 bp −$3261.1 bp −$611doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.03 bp6.2 bp −$67.1 bp −$719.7 bp −$968doesn'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-USDTshort−0.0120%8h1,768.2−0.061%$3.9M$4.5M75x
KuCoin SNDKUSDTM−0.0041%8h1,769.2−0.006%$6.1M$22.1M20xas long as short
Bitget SNDKUSDT−0.0022%8h1,769.5+0.012%$44.6M$162.4M75xas long as short
Nado SNDK-PERP−0.0012%1h1,770+0.040%$336K$1.5M10xas long as short
QFEX SNDK-USD−0.0004%1h1,769.5+0.013%$1.4M$11.2M10xas long as short
Entropy io:SNDK−0.0003%1h1,769.2−0.005%$4.7M$19.8M10xas long as short
Aster SNDKUSD10.0000%8h1,769.8+0.032%$21.6M$32.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,768.4−0.051%$279.8M$1.83B75xas long as short
Bybit SNDKUSDT0.0000%8h1,768.9−0.021%$31.7M$103.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,768.3−0.056%$82.7M$829.3M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,770.6+0.076%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,769.6+0.016%$177.5M$228.7M75xas long as short
Variational Omni SNDK0.0000%8h1,768.7−0.031%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,769.8+0.030%$22K$1.7M10xas long as short
Phoenix SNDK0.0000%1h1,770.1+0.046%$276K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,769.5+0.012%$14K$285K10xas long as short
SunX SNDK-USDTlong0.0000%8h1,769.3long leg$678$3.5M20x
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,769.3−0.001%$51K$347K10xas long as short
HTX SNDK-USDT0.0000%8h1,769.4+0.006%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,768.3−0.059%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0012%1h1,770.1+0.043%$686$38K5xas long as short
Vest SNDK-USD-PERP+0.0014%1h1,767.8−0.086%$586K10xas long as short
Pacifica SNDK+0.0024%1h1,770+0.040%$197K$304K10xas long as short
Lighter RH SNDK+0.0032%1h1,769−0.016%$1.3M$9.3M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,768.6−0.041%$423K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.733%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,768.6−0.040%$263K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,769.7+0.023%$244K$654K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,769.8+0.030%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,769.6+0.018%$117.8M$154.1M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,768.8−0.028%$185K$132K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,768.4−0.050%$1.4M$5.1M5xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,773.7+0.251%$435K$2.4M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,769−0.018%$1K10xas long as short
SoDEX SNDK-USD+0.0100%1h1,768.9−0.022%$723K$513K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,769.5+0.014%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,768.4−0.050%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0121%1h1,769.8+0.029%$128K$355K20xas long as short
Lighter SNDK+0.0128%1h1,769.9+0.034%$1.7M$15.8M20xas long as short
edgeX SNDKUSDC+0.0208%4h1,768.4−0.049%$562K$353K10xas long as short