Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.018%

Price spread now: ApeX Omni against Bitget+0.013%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$400.403% of the position

Long on Bitget Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 3 days (all we have)−0.016%−$2 · spread now +0.013%, 7d avg +0.026%

Together, before fees−0.024%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SNDKUSDT	1,778.6	0	get 0.0000% / 8h	26m 50s	$49.6M	$170.8M	75x
Short	ApeX Omni SNDKUSDT	1,778.9	0.0100	get 0.0013% / 1h	26m 50s	$68K	$269K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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 BitgetbpFee ApeX OmnibpOrdersPrice spread, now +0.013%Rate

Funding earned: $21
Price spread: +0.013% → +0.026%: −$1.35
Slippage, 4 orders: −$18.32
Fee Bitget: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$20.67
Costs to cover: 0.403%
Break-even: 13.9 days

Slippage from Bitget: live order book, 2 min ago; ApeX Omni: 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 Bitget live order book, 2 min ago	0.59 bp	6.8 bp −$7	10.8 bp −$108	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 50 min ago	7.95 bp	12.9 bp −$13	36.0 bp −$360	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	−0.028%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0073%	1h	1,777.8	−0.047%	$4.5M	$20.5M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,777.6	−0.057%	$2.2M	$21.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,778.4	−0.015%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,778.2	−0.023%	$284.0M	$1.89B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,778.3	−0.020%	$31.7M	$105.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,778.7	+0.004%	$87.3M	$846.3M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,778.4	−0.013%	$183.8M	$239.6M	75x	as long as short
Bitget SNDKUSDTlong	0.0000%	8h	1,778.6	long leg	$49.6M	$170.8M	75x
Variational Omni SNDK	0.0000%	8h	1,778.7	+0.002%	$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	+0.010%	$12K	$1.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.3	−0.019%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,778.1	−0.030%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,777.1	−0.085%	$825	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,777.8	−0.046%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,778.3	−0.018%	$2.8M	$1.0M	50x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0009%	1h	1,778.4	−0.014%	$50K	$299K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,778.4	−0.014%	$702	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,779.1	+0.029%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,778.4	−0.016%	$1.3M	$10.0M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,777.4	−0.072%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.199%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,777.2	−0.080%	$286K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,777.7	−0.055%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,778	−0.035%	$245K	$671K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,778.2	−0.024%	$113.4M	$151.9M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,777.9	−0.041%	$205K	$123K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,777.9	−0.043%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,777.7	−0.050%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778.3	−0.019%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778	−0.036%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,778.6	−0.004%	$441K	$2.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,777.8	−0.048%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,777.8	−0.044%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDTshort	+0.0100%	1h	1,778.9	+0.013%	$68K	$269K	50x
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,777.5	−0.065%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0128%	1h	1,779.1	+0.024%	$1.6M	$16.3M	20x	as long as short
Nado SNDK-PERP	+0.0166%	1h	1,777.9	−0.039%	$360K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,778.6	−0.004%	$129K	$406K	20x	as long as short
edgeX SNDKUSDC	+0.0778%	4h	1,778.5	−0.008%	$565K	$353K	10x	as long as short