Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.009%

Price spread now: SunX against Arcus−0.025%7-day average +0.010% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.025%, 7d avg +0.010%

Together, before fees−0.043%−$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 SunX is 0.034% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.010%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,788.8	0.0040	pay 0.0005% / 1h	7m 32s	$313K	$1.6M	10x
Short	SunX SNDK-USDT	1,788.4	0	get 0.0000% / 8h	5h 07m	$739	$3.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$8.46
Price spread: −0.025% → +0.010%: −$3.44
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$24.4
Costs to cover: 0.125%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 1 min ago; SunX: live order book, 10 min ago. Net counts fees only.

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, 1 min ago	1.03 bp	4.6 bp −$5	12.0 bp −$120	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	388.39 bp	doesn't fit	doesn't fit	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	1,790.2	+0.075%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,790.7	+0.106%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0047%	1h	1,790.9	+0.118%	$361K	$1.4M	10x	as long as short
Entropy io:SNDK	−0.0045%	1h	1,790	+0.067%	$4.9M	$19.9M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,789.7	+0.049%	$1.5M	$14.4M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0007%	1h	1,790.3	+0.083%	$51K	$342K	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.7	+0.052%	$21.8M	$35.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.9	+0.059%	$286.9M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790.4	+0.091%	$32.2M	$99.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,789.9	+0.061%	$85.0M	$825.1M	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	1,791.1	+0.126%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.8	+0.054%	$180.8M	$231.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.8	+0.055%	$44.0M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.5	+0.038%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790.1	+0.074%	$19K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.9	+0.061%	$14K	$291K	10x	as long as short
SunX SNDK-USDTshort	0.0000%	8h	1,788.4	−0.025%	$739	$3.6M	20x
HTX SNDK-USDT	0.0000%	8h	1,789.6	+0.043%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,790.1	+0.071%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,790.5	+0.093%	$666	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0014%	1h	1,789.6	+0.045%	$114.7M	$145.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.173%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,791.1	+0.130%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.4	+0.088%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,790.7	+0.106%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.624%	$36	$9K	12x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,788.8	long leg	$313K	$1.6M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.3	+0.083%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.9	+0.061%	$246K	$646K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789.9	+0.063%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.5	+0.039%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.9	+0.059%	$732K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.7	+0.050%	$1.4M	$5.1M	5x	as long as short
KuCoin SNDKUSDTM	+0.0054%	8h	1,788.9	+0.006%	$6.1M	$22.0M	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,790.2	+0.077%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.5	+0.037%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,789.9	+0.064%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.9	+0.062%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789.4	+0.036%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0979%	4h	1,790	+0.065%	$568K	$352K	10x	as long as short