Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Polymarket Perps against Bitget+0.030%7-day average −0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

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

costs, in and out, $10k−$300.298% of the position

Long on Bitget Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.196%−$20 on $10k

Price spread, last 7 days−0.094%−$9 · spread now +0.030%, 7d avg −0.083%

Together, before fees−0.290%−$29 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 0.113% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.083%. Mind the row above: over the last 7 days funding on this pair cost −0.196%, 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	1,762.7	0	get 0.0000% / 8h	3h 01m	$44.1M	$162.9M	75x
Short	Polymarket Perps SNDK-USD	1,763.2	0.0050	get 0.0006% / 1h	1m 42s	$184K	$132K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.030%Rate

Funding earned: $10.5
Price spread: +0.030% → −0.083%: $11.33
Slippage, 4 orders: −$9.8
Fee Bitget: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$7.97
Costs to cover: 0.298%
Break-even: 12.3 days

Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago	0.14 bp	7.7 bp −$8	12.1 bp −$121	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 50 min ago	1.96 bp	8.2 bp −$8	9.3 bp −$93	11.0 bp −$1,104	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	1,764.5	+0.103%	$3.9M	$4.4M	75x	as long as short
KuCoin SNDKUSDTM	−0.0046%	8h	1,763.3	+0.037%	$6.1M	$22.1M	20x	as long as short
Entropy io:SNDK	−0.0030%	1h	1,764.1	+0.081%	$4.8M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,763.5	+0.046%	$1.4M	$11.9M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,767.2	+0.258%	$433K	$2.3M	10x	as long as short
Nado SNDK-PERP	0.0000%	1h	1,764	+0.073%	$336K	$1.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,764.1	+0.084%	$21.5M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,763.3	+0.035%	$279.6M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,763.7	+0.056%	$31.5M	$102.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,763.6	+0.053%	$82.5M	$828.4M	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	1,764.7	+0.113%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,762.1	−0.032%	$176.3M	$232.1M	75x	as long as short
Bitget SNDKUSDTlong	0.0000%	8h	1,762.7	long leg	$44.1M	$162.9M	75x
Variational Omni SNDK	0.0000%	8h	1,767.8	+0.291%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,766.8	+0.232%	$10K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,767.6	+0.280%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,764.1	+0.081%	$13K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,763.6	+0.053%	$675	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,763.1	+0.026%	$51K	$346K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,762.3	−0.021%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.9	+0.015%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,766.4	+0.209%	$657	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0020%	1h	1,761.6	−0.062%	—	$592K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,763.7	+0.056%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,763.7	+0.057%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.8	−0.050%	$422K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.116%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,765.2	+0.145%	$262K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,764.3	+0.092%	$243K	$655K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,763	+0.019%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,763.2	+0.030%	$117.1M	$153.5M	10x	as long as short
Polymarket Perps SNDK-USDshort	+0.0050%	1h	1,763.2	+0.030%	$184K	$132K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,762.9	+0.010%	$721K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,763.8	+0.064%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,763	+0.019%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,762.8	+0.009%	$196K	$296K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,765.9	+0.184%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,762.2	−0.025%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0123%	1h	1,763.6	+0.051%	$128K	$355K	20x	as long as short
edgeX SNDKUSDC	+0.0477%	4h	1,766.5	+0.217%	$561K	$353K	10x	as long as short