Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.009%

Price spread now: Gate against Arcus+0.022%7-day average +0.075% · 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−$39as in the Price arb table

costs, in and out, $10k−$340.335% of the position

Long on Arcus Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.012%−$1 on $10k

Price spread, last 7 days+0.050%+$5 · spread now +0.022%, 7d avg +0.075%

Together, before fees+0.038%+$4 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 Gate is 0.053% cheaper against Arcus than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.075%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,761.6	0.0040	pay 0.0005% / 1h	20m 07s	$270K	$1.4M	10x
Short	Gate SNDK_USDT	1,762	0	get 0.0000% / 8h	6h 20m	$181.8M	$218.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.022%Rate

Funding earned: −$8.46
Price spread: +0.022% → +0.075%: −$5.31
Slippage, 4 orders: −$14.03
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$47.3
Costs to cover: 0.335%
Break-even: never at this rate

Slippage from Arcus: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago	1.05 bp	5.0 bp −$5	8.2 bp −$82	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	0.03 bp	11.9 bp −$12	22.7 bp −$227	36.0 bp −$3,597	60.0 bp −$30.0K

SNDK on 40 exchanges

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	1,762	+0.020%	$4.0M	$4.6M	75x	as long as short
Bitget SNDKUSDT	−0.0029%	8h	1,761.9	+0.015%	$49.7M	$168.2M	75x	as long as short
Nado SNDK-PERP	−0.0027%	1h	1,762.2	+0.034%	$325K	$1.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.1	+0.028%	$21.5M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,762.1	+0.025%	$279.6M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.2	+0.032%	$31.6M	$105.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,761.8	+0.010%	$82.3M	$826.0M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,763.2	+0.090%	$137K	$1.5M	20x	as long as short
Gate SNDK_USDTshort	0.0000%	8h	1,762	+0.022%	$181.8M	$218.7M	75x
Variational Omni SNDK	0.0000%	8h	1,761.5	−0.007%	$2.7M	$4.7M	—	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,761.4	−0.013%	$274K	$189K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762.3	+0.038%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,762.4	+0.045%	$881	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.5	−0.005%	$37K	$387K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.2	−0.023%	$1.4M	$9.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.2	+0.033%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	0.0000%	1h	1,762	+0.019%	$1.5M	$9.4M	10x	as long as short
GRVT SNDK_USDT_Perp	+0.0005%	8h	1,761.7	+0.005%	$21K	$2.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,762.2	+0.031%	$673	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.4	+0.043%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,762.4	+0.042%	$392K	$2.3M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.176%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,762.9	+0.074%	$1.7M	$16.7M	20x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,761.6	long leg	$270K	$1.4M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,762.2	+0.030%	—	$569K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.4	+0.044%	$244K	$681K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,762.1	+0.027%	$120.0M	$155.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,762	+0.021%	$4.5M	$19.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,762.2	+0.032%	$186K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,762.4	+0.041%	$723K	$517K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,762.1	+0.026%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.5	−0.007%	$1.4M	$5.4M	5x	as long as short
edgeX SNDKUSDC	+0.0078%	4h	1,762.6	+0.057%	$560K	$338K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,762.2	+0.035%	$1K	—	10x	as long as short
KuCoin SNDKUSDTM	+0.0092%	8h	1,761.3	−0.022%	$6.1M	$22.8M	20x	as long as short
Pacifica SNDK	+0.0100%	1h	1,762.1	+0.027%	$197K	$306K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,761.8	+0.009%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,761.8	+0.011%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0136%	1h	1,764.7	+0.175%	$442K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0553%	1h	1,761.3	−0.021%	$163K	$385K	20x	as long as short