Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0060%/8h= +6.5% APRpaid last 24h +0.008%

Price spread now: KuCoin against Arcus+0.037%7-day average +0.041% · 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−$36as in the Price arb table

costs, in and out, $10k−$360.358% of the position

Long on Arcus Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.027%+$3 on $10k

Price spread, last 7 days−0.086%−$9 · spread now +0.037%, 7d avg +0.041%

Together, before fees−0.058%−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,769.8	0.0040	pay 0.0005% / 1h	46m 25s	$282K	$1.7M	10x
Short	KuCoin SNDKUSDTM	1,770.5	0.0100	get 0.0100% / 8h	1h 46m	$6.0M	$22.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.037%Rate

Funding earned: $12.54
Price spread: +0.037% → +0.041%: −$0.39
Slippage, 4 orders: −$19.28
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$23.64
Costs to cover: 0.358%
Break-even: 20.2 days

Slippage from Arcus: live order book, 3 min ago; KuCoin: 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, 3 min ago	1.13 bp	5.9 bp −$6	8.3 bp −$83	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	1.30 bp	10.2 bp −$10	40.5 bp −$405	doesn't fit	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	1,770.1	+0.012%	$4.1M	$4.5M	75x	as long as short
QFEX SNDK-USD	−0.0007%	1h	1,770	+0.010%	$2.2M	$21.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,770.8	+0.053%	$21.8M	$39.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,770.7	+0.047%	$286.6M	$1.89B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,770.5	+0.035%	$31.7M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,770.6	+0.043%	$87.7M	$845.4M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,770.5	+0.040%	$183.2M	$241.2M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,770.5	+0.040%	$49.6M	$171.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,771.6	+0.100%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,771.6	+0.101%	$20K	$1.0M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,771.4	+0.088%	$276K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,770.3	+0.026%	$13K	$294K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,770.5	+0.038%	$945	$4.0M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,770.8	+0.056%	$49K	$241K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,770.5	+0.035%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,770.3	+0.028%	$2.8M	$961K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0007%	1h	1,770.8	+0.056%	$755	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0015%	1h	1,771.5	+0.092%	$162K	$1.8M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,771.3	+0.083%	$1.5M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,770.6	+0.045%	$1.4M	$10.2M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,770.2	+0.020%	$410K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.702%	$36	$15K	12x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,769.8	long leg	$282K	$1.7M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,769.6	−0.014%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,770.3	+0.026%	$244K	$672K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,770.5	+0.037%	$112.7M	$152.2M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,770.1	+0.015%	$4.5M	$20.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,770.2	+0.020%	$196K	$90K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,770.3	+0.026%	$724K	$550K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,770.9	+0.060%	$1.4M	$4.8M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,770.1	+0.013%	—	—	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0056%	1h	1,773.3	+0.195%	$438K	$2.4M	10x	as long as short
Nado SNDK-PERP	+0.0065%	1h	1,770.8	+0.053%	$309K	$1.3M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,770.3	+0.025%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,770.4	+0.031%	$213K	$291K	10x	as long as short
KuCoin SNDKUSDTMshort	+0.0100%	8h	1,770.5	+0.037%	$6.0M	$22.8M	20x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,771.5	+0.096%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,770.1	+0.012%	$8K	$2K	20x	as long as short
edgeX SNDKUSDC	+0.0202%	4h	1,771.5	+0.093%	$563K	$355K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0386%	1h	1,771	+0.064%	$129K	$415K	20x	as long as short