Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%

Price spread now: Phemex against Binance+0.040%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$540.543% of the position

Long on Binance Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.216%−$22 on $10k

Price spread, last 2 days (all we have)+0.074%+$7 · spread now +0.040%, 7d avg +0.023%

Together, before fees−0.143%−$14 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SNDKUSDT	1,770.2	0	get 0.0000% / 8h	2h 00m	$286.9M	$1.90B	75x
Short	Phemex SNDKUSDT	1,771	0	get 0.0000% / 8h	2h 00m	$2.8M	$952K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → +0.023%: $1.73
Slippage, 4 orders: −$32.31
Fee Binance: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$52.58
Costs to cover: 0.543%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; Phemex: 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, 14 min ago	0.03 bp	5.0 bp −$5	7.6 bp −$76	16.4 bp −$1,643	doesn't fit
Sell Phemex live order book, 3 min ago	2.63 bp	15.8 bp −$16	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	1,768.5	−0.100%	$4.2M	$4.5M	75x	as long as short
Arcus SNDK-USD	−0.0085%	1h	1,769.2	−0.060%	$282K	$1.7M	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,768.6	−0.092%	$275K	$195K	15x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,769.3	−0.053%	$2.2M	$22.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,770.3	+0.005%	$21.8M	$39.8M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,770.2	long leg	$286.9M	$1.90B	75x
Bybit SNDKUSDT	0.0000%	8h	1,770.5	+0.015%	$31.6M	$105.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,770.9	+0.037%	$87.7M	$847.6M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,770.2	0.000%	$162K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,769.8	−0.024%	$183.5M	$245.2M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,770.6	+0.019%	$49.6M	$171.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,768.5	−0.097%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,768.8	−0.083%	$10K	$1.0M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,769.5	−0.042%	$14K	$294K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,768	−0.127%	$877	$4.0M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,771.2	+0.054%	$49K	$233K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,769.6	−0.034%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDTshort	0.0000%	8h	1,771	+0.040%	$2.8M	$952K	50x
Aftermath Perps SNDKUSD	+0.0005%	1h	1,769.5	−0.041%	$681	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,770.1	−0.005%	$1.5M	$16.5M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,769.8	−0.022%	$1.4M	$10.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,770	−0.016%	$410K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.679%	$36	$19K	12x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0040%	1h	1,770.2	−0.004%	$434K	$2.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,768.1	−0.122%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,769.8	−0.025%	$244K	$679K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,769.7	−0.030%	$112.0M	$151.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,768.5	−0.098%	$4.5M	$20.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,769.7	−0.030%	$196K	$185K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,769.2	−0.061%	$723K	$550K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,769.4	−0.047%	$1.4M	$4.8M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,769.1	−0.062%	—	—	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0070%	1h	1,771.2	+0.055%	$129K	$416K	20x	as long as short
Nado SNDK-PERP	+0.0076%	1h	1,768.8	−0.079%	$308K	$1.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,770.2	−0.002%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,769.4	−0.047%	$213K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,768.8	−0.084%	$6.0M	$22.7M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,769.5	−0.043%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,769.9	−0.020%	$8K	$2K	20x	as long as short
edgeX SNDKUSDC	+0.0228%	4h	1,768.8	−0.079%	$562K	$355K	10x	as long as short