Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%

Price spread now: GRVT against Binance−0.137%109s7-day average −0.029% · 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—prices read too far apart to compare

costs, in and out, $10k−$220.223% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 2 days (all we have)+0.137%+$14 · spread now −0.137%, 7d avg −0.029%

Together, before fees+0.087%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.108% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.029%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SNDKUSDT	1,785.4	0	get 0.0000% / 8h	6h 03m	$285.7M	$1.81B	75x
Short	GRVT SNDK_USDT_Perp	1,783	0	get 0.0000% / 8h	6h 03m	$10K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.137%Rate

Funding earned: $0
Price spread: −0.137% → −0.029%: −$10.8
Slippage, 4 orders: −$3.27
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$33.06
Costs to cover: 0.223%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; GRVT: live order book, 4 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, 10 min ago	0.03 bp	5.1 bp −$5	5.9 bp −$59	12.3 bp −$1,228	doesn't fit
Sell GRVT live order book, 4 min ago	0.50 bp	5.6 bp −$6	7.6 bp −$76	doesn't fit	doesn't fit

SNDK on 39 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
Phoenix SNDK	−0.0045%	1h	1,783.5	−0.107%	$278K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0037%	1h	1,785.9	+0.027%	$360K	$1.4M	10x	as long as short
Entropy io:SNDK	−0.0032%	1h	1,784.9	−0.029%	$4.9M	$20.4M	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,785.2	−0.010%	$1.6M	$15.9M	10x	as long as short
tradeXYZ xyz:SNDK	−0.0013%	1h	1,785.4	−0.001%	$114.5M	$145.8M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,785.8	+0.023%	$21.8M	$37.1M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,785.4	long leg	$285.7M	$1.81B	75x
Bybit SNDKUSDT	0.0000%	8h	1,785.8	+0.019%	$32.1M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.1	−0.017%	$85.4M	$823.2M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,785.6	+0.011%	$180.7M	$232.7M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,785.4	−0.002%	$43.8M	$163.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.8	−0.032%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perpshort	0.0000%	8h	1,783	−0.137%	$10K	$1.2M	10x
Bullet SNDK-USD	0.0000%	1h	1,785.3	−0.008%	$15K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.1	−0.020%	$987	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,785.4	−0.001%	$51K	$331K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,784.9	−0.031%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,785.3	−0.008%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,785.1	−0.019%	$707	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,786.2	+0.045%	$1.7M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,785.5	+0.007%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,785.3	−0.007%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.815%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783.5	−0.107%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,784.7	−0.043%	—	$584K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,785.4	+0.002%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,785.7	+0.016%	$246K	$644K	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.3	−0.006%	$187K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,785	−0.022%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.8	−0.034%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,784.9	−0.031%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,784	−0.078%	$436K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,785.6	+0.009%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,784.5	−0.051%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,785.1	−0.016%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785	−0.023%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,786	+0.031%	$130K	$357K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,786.2	+0.043%	$170K	$1.8M	20x	as long as short
edgeX SNDKUSDC	+0.0998%	4h	1,783.6	−0.100%	$566K	$353K	10x	as long as short