Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.037%

Price spread now: Binance against ApeX Omni−0.052%99s7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$360.356% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.022%−$2 on $10k

Price spread, last 2 days (all we have)+0.023%+$2 · spread now −0.052%, 7d avg −0.033%

Together, before fees+0.001%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SNDKUSDT	1,788.6	0.0100	pay 0.0013% / 1h	45m 53s	$69K	$269K	50x
Short	Binance SNDKUSDT	1,787.7	0	get 0.0000% / 8h	6h 45m	$286.8M	$1.82B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BinancebpOrdersPrice spread, now −0.052%Rate

Funding earned: −$21
Price spread: −0.052% → −0.033%: −$1.88
Slippage, 4 orders: −$15.6
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$58.48
Costs to cover: 0.356%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 21 min ago; Binance: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 21 min ago	7.70 bp	12.7 bp −$13	35.8 bp −$358	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.03 bp	5.0 bp −$5	6.2 bp −$62	13.1 bp −$1,314	doesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SNDK-USDT	−0.0120%	8h	1,788	−0.034%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0101%	1h	1,788	−0.035%	$4.8M	$20.4M	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,788.5	−0.007%	$279K	$193K	15x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0030%	1h	1,787.2	−0.077%	$51K	$328K	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,787	−0.088%	$1.8M	$17.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,788.7	+0.002%	$21.8M	$40.9M	20x	as long as short
Binance SNDKUSDTshort	0.0000%	8h	1,787.7	−0.052%	$286.8M	$1.82B	75x
Bybit SNDKUSDT	0.0000%	8h	1,788.2	−0.025%	$31.9M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,787.8	−0.046%	$86.3M	$830.9M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,787.5	−0.063%	$181.3M	$231.1M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,787.9	−0.041%	$47.5M	$164.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,787	−0.093%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,788.4	−0.010%	$22K	$1.1M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,787.2	−0.078%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,786.1	−0.144%	$964	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,787.1	−0.087%	$1.5M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,787.6	−0.059%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,788.6	−0.004%	$683	$37K	5x	as long as short
Nado SNDK-PERP	+0.0017%	1h	1,788.2	−0.022%	$363K	$1.4M	10x	as long as short
tradeXYZ xyz:SNDK	+0.0021%	1h	1,787.6	−0.057%	$114.5M	$146.6M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,788.9	+0.015%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,788.5	−0.007%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,788	−0.033%	$467K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.634%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,787.2	−0.079%	$305K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,786.8	−0.101%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,787.9	−0.040%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,787.7	−0.052%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,786.8	−0.102%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,787.6	−0.055%	$731K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787	−0.091%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,787.2	−0.079%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,786.5	−0.118%	$440K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,787.8	−0.048%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,787.7	−0.050%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDTlong	+0.0100%	1h	1,788.6	long leg	$69K	$269K	50x
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.8	−0.103%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0131%	1h	1,788.1	−0.031%	$130K	$365K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,788.4	−0.010%	$171K	$1.8M	20x	as long as short
edgeX SNDKUSDC	+0.0264%	4h	1,788.4	−0.012%	$568K	$353K	10x	as long as short