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−0.0050%/8h= −5.5% APRpaid last 24h −0.008%
Price spread now: Phemex against tradeXYZ−0.010%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$770.771% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.010%, 7d avg +0.007%
Together, before fees−0.128%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SNDK1,761.80.0050pay 0.0006% / 1h30m 36s$119.7M$159.7M10x
ShortPhemex SNDKUSDT1,761.60get 0.0000% / 8h30m 36s$2.8M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against tradeXYZ. 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
−$10.5
Price spread: −0.010% → +0.007%
−$1.64
Slippage, 4 orders
−$47.1
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$89.23
Costs to cover
0.771%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Phemex: 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 tradeXYZ live order book, 9 min ago0.57 bp9.6 bp −$1010.4 bp −$10414.5 bp −$1,451doesn't fit
Sell Phemex live order book, 3 min ago2.47 bp25.6 bp −$26doesn'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−0.0268%8h1,761.7−0.004%$48.4M$166.0M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,761.8−0.002%$3.9M$4.6M75xas long as short
Nado SNDK-PERP−0.0015%1h1,762.1+0.017%$330K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0015%8h1,761.1−0.041%$6.0M$22.4M20xas long as short
QFEX SNDK-USD−0.0001%1h1,761.1−0.041%$1.4M$10.0M10xas long as short
Aster SNDKUSD10.0000%8h1,762.5+0.037%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,761.3−0.028%$279.8M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,761.8−0.001%$31.7M$103.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,761.6−0.011%$82.3M$833.8M75xas long as short
RISEx SNDK/USDC0.0000%1h1,762.4+0.034%$120K$1.6M20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,761.5−0.017%$177.7M$228.4M75xas long as short
Variational Omni SNDK0.0000%8h1,761.8−0.002%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,762.3+0.030%$16K$2.1M10xas long as short
Phoenix SNDK0.0000%1h1,761.1−0.040%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,761.9+0.006%$14K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,761.5−0.020%$828$3.4M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,762.2+0.024%$51K$354K10xas long as short
HTX SNDK-USDT0.0000%8h1,760.4−0.082%$1.4M$10.5M50xas long as short
Phemex SNDKUSDTshort0.0000%8h1,761.6−0.010%$2.8M$1.1M50x
Aftermath Perps SNDKUSD+0.0013%1h1,762.4+0.036%$673$38K5xas long as short
Vest SNDK-USD-PERP+0.0017%1h1,760−0.100%$579K10xas long as short
Lighter RH SNDK+0.0032%1h1,761.9+0.003%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,761.4−0.025%$493K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.166%$36$9K12xas long as short
Lighter SNDK+0.0040%1h1,762.6+0.043%$1.8M$16.3M20xas long as short
Arcus SNDK-USD+0.0040%1h1,760.5−0.074%$254K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,761.2−0.034%$242K$652K20xas long as short
tradeXYZ xyz:SNDKlong+0.0050%1h1,761.8long leg$119.7M$159.7M10x
Entropy io:SNDK+0.0050%1h1,761.5−0.017%$4.6M$19.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,761−0.045%$185K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,761.7−0.008%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,761.3−0.031%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,761.2−0.034%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,761.6−0.014%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,761.6−0.012%$197K$308K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,762+0.011%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,761.6−0.011%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,762.5+0.038%$429K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0274%1h1,762.4+0.034%$127K$339K20xas long as short
edgeX SNDKUSDC+0.0317%4h1,761.4−0.023%$560K$352K10xas long as short