Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.054%

Price spread now: Gate against ApeX Omni−0.048%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$460.456% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.192%−$19 on $10k

Price spread, last 3 days (all we have)+0.046%+$5 · spread now −0.048%, 7d avg −0.030%

Together, before fees−0.146%−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SNDKUSDT	1,774.5	0.0100	pay 0.0013% / 1h	18m 55s	$68K	$269K	50x
Short	Gate SNDK_USDT	1,773.6	0	get 0.0000% / 8h	1h 18m	$183.2M	$241.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.048%Rate

Funding earned: −$21
Price spread: −0.048% → −0.030%: −$1.8
Slippage, 4 orders: −$20.61
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$68.41
Costs to cover: 0.456%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 63 min ago; Gate: live order book, 5 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, 63 min ago	7.97 bp	13.0 bp −$13	34.2 bp −$342	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	0.45 bp	10.1 bp −$10	17.4 bp −$174	36.7 bp −$3,674	63.7 bp −$31.9K

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	1,773.6	−0.050%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0043%	1h	1,773.1	−0.078%	$4.5M	$20.5M	10x	as long as short
QFEX SNDK-USD	−0.0007%	1h	1,773.5	−0.054%	$2.2M	$21.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,774.3	−0.011%	$21.9M	$46.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,773.4	−0.061%	$285.1M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,773.8	−0.038%	$31.8M	$105.4M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,773.6	−0.050%	$87.4M	$842.1M	75x	as long as short
Gate SNDK_USDTshort	0.0000%	8h	1,773.6	−0.048%	$183.2M	$241.7M	75x
Bitget SNDKUSDT	0.0000%	8h	1,774.1	−0.024%	$49.6M	$169.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,773.8	−0.038%	$2.6M	$4.7M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,774.2	−0.016%	$13K	$1.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,774.3	−0.011%	$276K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,773.8	−0.039%	$14K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,773.6	−0.052%	$461	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,773.3	−0.065%	$49K	$259K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,774	−0.028%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,773.6	−0.050%	$2.8M	$981K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0008%	1h	1,774.3	−0.008%	$786	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0015%	1h	1,774.8	+0.015%	$167K	$1.8M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,774.4	−0.006%	$1.6M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,773.9	−0.035%	$1.4M	$10.2M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,773.5	−0.055%	$410K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.435%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,773.3	−0.066%	$284K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,773.6	−0.050%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,773.8	−0.039%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,773.6	−0.050%	$113.0M	$151.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,773.4	−0.061%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,773.6	−0.051%	$725K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,773.8	−0.041%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,773.3	−0.067%	$1.4M	$4.9M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0056%	1h	1,774.8	+0.016%	$441K	$2.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,773.3	−0.066%	$1K	—	10x	as long as short
Nado SNDK-PERP	+0.0092%	1h	1,774.8	+0.020%	$386K	$1.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,773.9	−0.032%	$213K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,773.9	−0.036%	$6.0M	$22.5M	20x	as long as short
ApeX Omni SNDKUSDTlong	+0.0100%	1h	1,774.5	long leg	$68K	$269K	50x
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,773.4	−0.064%	$8K	$2K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0386%	1h	1,774.3	−0.012%	$129K	$413K	20x	as long as short
edgeX SNDKUSDC	+0.0597%	4h	1,773.9	−0.031%	$563K	$355K	10x	as long as short