Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.022%

Price spread now: Polymarket Perps against Binance−0.041%7-day average −0.102% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

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

Long on Binance Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.185%−$18 on $10k

Price spread, last 7 days+0.071%+$7 · spread now −0.041%, 7d avg −0.102%

Together, before fees−0.113%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.061% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.102%. Mind the row above: over the last 7 days funding on this pair cost −0.185%, 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	1,790.3	0	get 0.0000% / 8h	5h 11m	$286.4M	$1.80B	75x
Short	Polymarket Perps SNDK-USD	1,789.6	0.0050	get 0.0006% / 1h	11m 27s	$188K	$128K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.041%Rate

Funding earned: $10.5
Price spread: −0.041% → −0.102%: $6.11
Slippage, 4 orders: −$6.16
Fee Binance: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$7.55
Costs to cover: 0.242%
Break-even: 12.0 days

Slippage from Binance: live order book, 3 min ago; Polymarket Perps: live order book, 50 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, 3 min ago	0.03 bp	5.0 bp −$5	5.7 bp −$57	11.4 bp −$1,144	doesn't fit
Sell Polymarket Perps live order book, 50 min ago	1.96 bp	8.1 bp −$8	8.4 bp −$84	10.3 bp −$1,030	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	1,789.8	−0.029%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,790	−0.018%	$279K	$193K	15x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0046%	1h	1,790.4	+0.005%	$51K	$342K	10x	as long as short
Nado SNDK-PERP	−0.0043%	1h	1,791.1	+0.043%	$361K	$1.4M	10x	as long as short
Entropy io:SNDK	−0.0041%	1h	1,789.8	−0.030%	$4.9M	$20.2M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,789.6	−0.043%	$1.5M	$14.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,790.2	−0.008%	$21.8M	$35.4M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,790.3	long leg	$286.4M	$1.80B	75x
Bybit SNDKUSDT	0.0000%	8h	1,790.8	+0.025%	$32.3M	$99.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,790.6	+0.015%	$85.3M	$824.9M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,791.2	+0.047%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.9	−0.024%	$180.8M	$231.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.9	−0.026%	$44.0M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.1	−0.067%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.8	−0.027%	$12K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.9	−0.024%	$14K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.6	−0.097%	$753	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.3	−0.060%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.8	−0.030%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,789.9	−0.025%	$743	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0018%	1h	1,790	−0.018%	$114.8M	$145.8M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.259%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,791.3	+0.051%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.8	+0.023%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,790.5	+0.009%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.538%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.5	−0.105%	$313K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.2	−0.007%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.9	−0.024%	$247K	$646K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,790	−0.018%	—	—	5x	as long as short
Polymarket Perps SNDK-USDshort	+0.0050%	1h	1,789.6	−0.041%	$188K	$128K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,789.9	−0.024%	$732K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.7	−0.035%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,790.5	+0.010%	$130K	$352K	20x	as long as short
KuCoin SNDKUSDTM	+0.0059%	8h	1,789.2	−0.061%	$6.1M	$22.0M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.4	−0.050%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,790.1	−0.012%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,790.9	+0.033%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789.6	−0.040%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0923%	4h	1,789.5	−0.046%	$568K	$351K	10x	as long as short