Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.011%

Price spread now: Extended against Binance−0.048%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$190.186% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.083%−$8 on $10k

Price spread, last 2 days (all we have)−0.095%−$10 · spread now −0.048%, 7d avg −0.019%

Together, before fees−0.178%+ Points / potential airdropExtended: Active · farm board−$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.029% cheaper against Binance than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of −0.019%). If the spread goes back, that is −$3 on $10k: about 3.1 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.083%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SNDKUSDT	1,778.2	0	get 0.0000% / 8h	26m 55s	$284.0M	$1.89B	75x
Short	Extended SNDK_24_5-USD	1,777.4	0.0032	get 0.0004% / 1h	26m 55s	$412K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.048%Rate

Funding earned: $6.72
Price spread: −0.048% → −0.019%: −$2.94
Slippage, 4 orders: −$3.62
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$14.84
Costs to cover: 0.186%
Break-even: 22.5 days

Slippage from Binance: live order book, 2 min ago; Extended: 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 Binance live order book, 2 min ago	0.03 bp	5.2 bp −$5	6.1 bp −$61	12.8 bp −$1,282	doesn't fit
Sell Extended live order book, 2 min ago	0.48 bp	3.3 bp −$3	8.8 bp −$88	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	1,778.1	−0.005%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0073%	1h	1,777.8	−0.023%	$4.5M	$20.5M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,777.6	−0.034%	$2.2M	$21.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,778.4	+0.008%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,778.2	long leg	$284.0M	$1.89B	75x
Bybit SNDKUSDT	0.0000%	8h	1,778.3	+0.003%	$31.7M	$105.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,778.7	+0.027%	$87.3M	$846.3M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,778.4	+0.010%	$183.8M	$239.6M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,778.6	+0.023%	$49.6M	$170.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,778.7	+0.025%	$2.6M	$4.7M	—	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	1,778.8	+0.033%	$12K	$1.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.3	+0.005%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,778.1	−0.007%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,777.1	−0.062%	$825	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,777.8	−0.023%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,778.3	+0.005%	$2.8M	$1.0M	50x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0009%	1h	1,778.4	+0.009%	$50K	$299K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,778.4	+0.009%	$702	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,779.1	+0.052%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,778.4	+0.007%	$1.3M	$10.0M	10x	as long as short
Extended SNDK_24_5-USDshort	+0.0032%	1h	1,777.4	−0.048%	$412K	$1.6M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.223%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,777.2	−0.057%	$286K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,777.7	−0.032%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,778	−0.012%	$245K	$671K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,778.2	−0.001%	$113.4M	$151.9M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,777.9	−0.018%	$205K	$123K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,777.9	−0.020%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,777.7	−0.027%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778.3	+0.005%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778	−0.013%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,778.6	+0.019%	$441K	$2.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,777.8	−0.024%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,777.8	−0.021%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,778.9	+0.036%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,777.5	−0.042%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0128%	1h	1,779.1	+0.047%	$1.6M	$16.3M	20x	as long as short
Nado SNDK-PERP	+0.0166%	1h	1,777.9	−0.016%	$360K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,778.6	+0.020%	$129K	$406K	20x	as long as short
edgeX SNDKUSDC	+0.0778%	4h	1,778.5	+0.015%	$565K	$353K	10x	as long as short