Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h 0.000%

Price spread now: Injective against Binance+2.051%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.231%−$23 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 2.051% dearer against Binance than usual: you sell high and buy low: +$205 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.231%, 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	1,763.8	0	get 0.0000% / 8h	4h 48m	$280.9M	$1.87B	75x
Short	Injective SNDK/USDC PERP	1,800	0.0033	get 0.0004% / 1h	48m 48s	$36	$4K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +2.051%Rate

Funding earned: $7
Price spread: +2.051% → 0.000%: $205.07
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $202.05
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Binance: live order book, 3 min ago; Injective: no order-book sample. 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 Binance live order book, 3 min ago	0.03 bp	5.2 bp −$5	6.0 bp −$60	16.8 bp −$1,684	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SNDK on 40 exchanges

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
Kraken Futures PF_SNDKUSD	−0.0127%	1h	1,760.5	−0.185%	$166K	$378K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762.7	−0.061%	$3.9M	$4.7M	75x	as long as short
Entropy io:SNDK	−0.0001%	1h	1,763.9	+0.006%	$4.5M	$19.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,763.1	−0.037%	$21.5M	$32.3M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,763.8	long leg	$280.9M	$1.87B	75x
Bybit SNDKUSDT	0.0000%	8h	1,763.3	−0.026%	$31.4M	$107.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,763.6	−0.011%	$79.0M	$842.1M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,763.3	−0.026%	$146K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,762.9	−0.052%	$180.7M	$210.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,763.4	−0.023%	$48.5M	$172.3M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,765.2	+0.080%	$2.7M	$4.4M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,765.9	+0.117%	$22K	$2.6M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762.1	−0.096%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,762	−0.099%	$899	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.4	−0.138%	$19K	$447K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.4	−0.138%	$1.5M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.7	−0.061%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0004%	1h	1,761.5	−0.130%	$1.5M	$9.3M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0023%	1h	1,765.6	+0.105%	$675	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,763.4	−0.023%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.5	−0.128%	$419K	$2.4M	10x	as long as short
Injective SNDK/USDC PERPshort	+0.0033%	1h	1,800	+2.051%	$36	$4K	12x
Arcus SNDK-USD	+0.0040%	1h	1,761.9	−0.107%	$261K	$1.4M	10x	as long as short
Phoenix SNDK	+0.0045%	1h	1,761.4	−0.136%	$274K	$178K	15x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,761.4	−0.134%	—	$570K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.6	−0.067%	$243K	$697K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,763.3	−0.028%	$122.5M	$151.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,761.5	−0.130%	$193K	$165K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,762	−0.102%	$722K	$529K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.2	−0.147%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,762.6	−0.067%	—	—	5x	as long as short
Nado SNDK-PERP	+0.0068%	1h	1,761.5	−0.128%	$321K	$1.5M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,760.9	−0.166%	$1K	—	10x	as long as short
Lighter SNDK	+0.0096%	1h	1,764.1	+0.018%	$1.8M	$16.5M	20x	as long as short
Pacifica SNDK	+0.0100%	1h	1,763.6	−0.008%	$192K	$305K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,763.6	−0.012%	$6.1M	$23.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,766	+0.128%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,760.5	−0.184%	$9K	$6K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0176%	1h	1,761.9	−0.109%	$446K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0296%	4h	1,765.3	+0.088%	$561K	$338K	10x	as long as short