Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.002%

Price spread now: Binance against Arcus+0.062%7-day average +0.089% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$270.269% of the position

Long on Arcus Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.019%+$2 on $10k

Price spread, last 7 days−0.033%−$3 · spread now +0.062%, 7d avg +0.089%

Together, before fees−0.014%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.027% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.089%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,776.3	0.0040	pay 0.0005% / 1h	29m 21s	$265K	$1.5M	10x
Short	Binance SNDKUSDT	1,777.4	0	get 0.0000% / 8h	3h 29m	$282.9M	$1.81B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Arcus. 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 ArcusbpFee BinancebpOrdersPrice spread, now +0.062%Rate

Funding earned: −$8.46
Price spread: +0.062% → +0.089%: −$2.74
Slippage, 4 orders: −$12.42
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$38.11
Costs to cover: 0.269%
Break-even: never at this rate

Slippage from Arcus: live order book, 5 min ago; Binance: live order book, 15 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 Arcus live order book, 5 min ago	1.01 bp	7.0 bp −$7	12.9 bp −$129	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.03 bp	5.0 bp −$5	6.5 bp −$65	14.4 bp −$1,442	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	1,777.7	+0.078%	$4.0M	$4.4M	75x	as long as short
KuCoin SNDKUSDTM	−0.0035%	8h	1,777.1	+0.045%	$6.1M	$22.1M	20x	as long as short
Nado SNDK-PERP	−0.0031%	1h	1,778.1	+0.100%	$346K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,777.2	+0.051%	$1.4M	$12.2M	10x	as long as short
Entropy io:SNDK	−0.0014%	1h	1,777.3	+0.057%	$4.8M	$19.9M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,777.6	+0.071%	$432K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,778.2	+0.110%	$21.7M	$32.3M	20x	as long as short
Binance SNDKUSDTshort	0.0000%	8h	1,777.4	+0.062%	$282.9M	$1.81B	75x
Bybit SNDKUSDT	0.0000%	8h	1,777.9	+0.093%	$32.3M	$101.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,777.2	+0.051%	$82.8M	$827.5M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,778.6	+0.129%	$169K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,777.6	+0.075%	$177.4M	$230.1M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,777.2	+0.049%	$44.4M	$162.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,777.5	+0.070%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,778.1	+0.099%	$16K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,777.5	+0.068%	$277K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,777.5	+0.067%	$14K	$286K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,778.1	+0.104%	$798	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,777.9	+0.091%	$51K	$346K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,777.7	+0.077%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,778.5	+0.122%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0007%	1h	1,777.5	+0.071%	$709	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,778.3	+0.115%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,778.2	+0.108%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,777.5	+0.066%	$437K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.333%	$36	$9K	12x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,776.3	long leg	$265K	$1.5M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,776.1	−0.011%	—	$580K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,777.5	+0.068%	$245K	$651K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,775.8	−0.027%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,777.6	+0.074%	$117.4M	$151.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,777.2	+0.051%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,777.6	+0.072%	$727K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778.3	+0.113%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,777.2	+0.052%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,777.5	+0.070%	$198K	$288K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,778.3	+0.114%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,777.4	+0.061%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,780.2	+0.219%	$129K	$353K	20x	as long as short
edgeX SNDKUSDC	+0.0891%	4h	1,776.9	+0.033%	$564K	$353K	10x	as long as short