Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.029%

Price spread now: Pacifica against Bitget−0.014%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$270.266% of the position

Long on Bitget Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.133%−$13 on $10k

Price spread, last 4 days (all we have)−0.076%−$8 · spread now −0.014%, 7d avg −0.004%

Together, before fees−0.209%+ Points / potential airdropPacifica: Active · farm board−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.133%, 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	Bitget SNDKUSDT	1,769.3	0	get 0.0000% / 8h	2h 30m	$49.8M	$171.2M	75x
Short	Pacifica SNDK	1,769	0.0100	get 0.0013% / 1h	30m 02s	$213K	$291K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.014%Rate

Funding earned: $21
Price spread: −0.014% → −0.004%: −$0.98
Slippage, 4 orders: −$6.57
Fee Bitget: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$6.54
Costs to cover: 0.266%
Break-even: 9.2 days

Slippage from Bitget: live order book, 4 min ago; Pacifica: live order book, 58 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, 4 min ago	0.20 bp	7.9 bp −$8	13.2 bp −$132	17.6 bp −$1,757	doesn't fit
Sell Pacifica live order book, 58 min ago	0.28 bp	6.3 bp −$6	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	1,769.1	−0.009%	$4.1M	$4.5M	75x	as long as short
Arcus SNDK-USD	−0.0085%	1h	1,769	−0.018%	$282K	$1.7M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0066%	1h	1,769.4	+0.008%	$49K	$224K	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,767.9	−0.077%	$275K	$195K	15x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,769.3	+0.004%	$2.2M	$21.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,769.6	+0.017%	$21.8M	$39.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,769.3	+0.001%	$286.5M	$1.90B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,769.7	+0.023%	$31.4M	$105.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,769.3	+0.002%	$87.8M	$846.2M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,769.9	+0.038%	$138K	$1.8M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,769.2	−0.003%	$183.9M	$244.6M	75x	as long as short
Bitget SNDKUSDTlong	0.0000%	8h	1,769.3	long leg	$49.8M	$171.2M	75x
Variational Omni SNDK	0.0000%	8h	1,768.5	−0.041%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,767.1	−0.119%	$15K	$1.0M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,769.3	0.000%	$13K	$294K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,768.9	−0.021%	$669	$4.0M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,768.7	−0.031%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,769.2	−0.004%	$2.8M	$928K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,767	−0.128%	$680	$37K	5x	as long as short
Vest SNDK-USD-PERP	+0.0032%	1h	1,768.3	−0.053%	—	$670K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,770	+0.042%	$1.6M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,770	+0.040%	$1.4M	$10.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,769.4	+0.010%	$409K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.735%	$36	$19K	12x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0040%	1h	1,769.6	+0.020%	$434K	$2.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,769.3	+0.002%	$244K	$679K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,769.4	+0.008%	$112.1M	$151.2M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,768	−0.071%	$4.5M	$20.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,769.5	+0.014%	$196K	$185K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,769	−0.013%	$723K	$547K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768.4	−0.049%	$1.4M	$4.8M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,769.5	+0.013%	—	—	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0070%	1h	1,769.9	+0.037%	$128K	$414K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,769.2	−0.002%	$1K	—	10x	as long as short
Nado SNDK-PERP	+0.0098%	1h	1,769.5	+0.013%	$309K	$1.4M	10x	as long as short
Pacifica SNDKshort	+0.0100%	1h	1,769	−0.014%	$213K	$291K	10x
KuCoin SNDKUSDTM	+0.0100%	8h	1,768.9	−0.019%	$6.0M	$22.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,768.2	−0.060%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,768.5	−0.041%	$8K	$2K	20x	as long as short
edgeX SNDKUSDC	+0.0781%	4h	1,767.7	−0.088%	$561K	$355K	10x	as long as short