Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.009%

Price spread now: Arcus against Binance+0.047%7-day average −0.090% · 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−$11as in the Price arb table

costs, in and out, $10k−$240.242% of the position

Long on Binance Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.017%−$2 on $10k

Price spread, last 7 days−0.093%−$9 · spread now +0.047%, 7d avg −0.090%

Together, before fees−0.109%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.136% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SNDKUSDT	1,758.1	0	get 0.0000% / 8h	7h 00m	$279.3M	$1.86B	75x
Short	Arcus SNDK-USD	1,758.9	0.0040	get 0.0005% / 1h	0m 56s	$270K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Binance. 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 BinancebpFee ArcusbpOrdersPrice spread, now +0.047%Rate

Funding earned: $8.46
Price spread: +0.047% → −0.090%: $13.64
Slippage, 4 orders: −$9.69
Fee Binance: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$2.09
Costs to cover: 0.242%
Break-even: 8.7 days

Slippage from Binance: live order book, 13 min ago; Arcus: live order book, 3 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 Binance live order book, 13 min ago	0.03 bp	5.4 bp −$5	7.5 bp −$75	17.2 bp −$1,722	doesn't fit
Sell Arcus live order book, 3 min ago	1.02 bp	6.2 bp −$6	7.4 bp −$74	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
Bitget SNDKUSDT	−0.0142%	8h	1,757.9	−0.011%	$49.5M	$168.1M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,758.3	+0.011%	$3.9M	$4.6M	75x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,759.7	+0.088%	$1.4M	$9.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,758.6	+0.027%	$21.4M	$32.5M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,758.1	long leg	$279.3M	$1.86B	75x
Bybit SNDKUSDT	0.0000%	8h	1,758.3	+0.012%	$31.8M	$105.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,758.2	+0.005%	$82.2M	$825.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,759	+0.049%	$136K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,758.4	+0.018%	$180.2M	$222.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.4	+0.016%	$2.5M	$4.8M	—	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	1,758.7	+0.036%	$21K	$2.3M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,757.5	−0.035%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,759.4	+0.073%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,759.9	+0.099%	$987	$3.2M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,759.5	+0.080%	$51K	$358K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,758	−0.005%	$1.4M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,758.9	+0.046%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0013%	1h	1,759	+0.049%	$336K	$1.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,758.2	+0.003%	$672	$38K	5x	as long as short
KuCoin SNDKUSDTM	+0.0017%	8h	1,758.2	+0.002%	$6.0M	$22.6M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,759.8	+0.095%	$1.7M	$16.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,759	+0.049%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,757.2	−0.052%	$390K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.380%	$36	$9K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,758.9	+0.047%	$270K	$1.4M	10x
Vest SNDK-USD-PERP	+0.0040%	1h	1,759.2	+0.063%	—	$573K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,760.1	+0.113%	$242K	$666K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,758.2	+0.005%	$119.3M	$159.3M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,758.6	+0.027%	$4.5M	$19.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,759.4	+0.073%	$186K	$130K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,757.6	−0.030%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,759	+0.053%	—	—	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,759.1	+0.053%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,759.4	+0.075%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.6	+0.085%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,759	+0.052%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,758.7	+0.034%	$440K	$2.1M	10x	as long as short
SoDEX SNDK-USD	+0.0138%	1h	1,759.2	+0.061%	$719K	$515K	10x	as long as short
edgeX SNDKUSDC	+0.0256%	4h	1,759.1	+0.054%	$559K	$349K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0284%	1h	1,760.1	+0.113%	$128K	$336K	20x	as long as short