Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.053%

Price spread now: RISEx against BloFin+0.053%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$210.209% of the position

Long on BloFin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.158%+$16 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.053%, 7d avg +0.024%

Together, before fees+0.111%+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and RISEx is 0.029% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SNDK-USDT	1,765.9	−0.0120	get 0.0120% / 8h	3h 07m	$3.9M	$4.4M	75x
Short	RISEx SNDK/USDC	1,766.9	0	get 0.0000% / 1h	7m 21s	$121K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against BloFin. 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 BloFinbpFee RISExbpOrdersPrice spread, now +0.053%Rate

Funding earned: $25.2
Price spread: +0.053% → +0.024%: $2.91
Slippage, 4 orders: −$2.95
Fee BloFin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: $7.16
Costs to cover: 0.209%
Break-even: 5.0 days

Slippage from BloFin: live order book, 6 min ago; RISEx: live order book, 1 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 BloFin live order book, 6 min ago	0.03 bp	6.0 bp −$6	7.8 bp −$78	doesn't fit	doesn't fit
Sell RISEx live order book, 1 min ago	1.44 bp	4.4 bp −$4	6.3 bp −$63	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-USDTlong	−0.0120%	8h	1,765.9	long leg	$3.9M	$4.4M	75x
KuCoin SNDKUSDTM	−0.0049%	8h	1,766	+0.003%	$6.1M	$22.1M	20x	as long as short
Entropy io:SNDK	−0.0033%	1h	1,766.1	+0.009%	$4.8M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,765.7	−0.011%	$1.4M	$11.9M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,767	+0.061%	$429K	$2.3M	10x	as long as short
Nado SNDK-PERP	−0.0007%	1h	1,766.2	+0.017%	$340K	$1.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,766.3	+0.018%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,765.8	−0.009%	$280.0M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,765.9	−0.003%	$31.8M	$102.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,765.3	−0.036%	$81.9M	$826.8M	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/USDCshort	0.0000%	1h	1,766.9	+0.053%	$121K	$1.6M	20x
Gate SNDK_USDT	0.0000%	8h	1,765.5	−0.027%	$176.5M	$231.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,765.9	−0.002%	$44.2M	$162.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,766.5	+0.029%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,763.9	−0.116%	$10K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,765.4	−0.031%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,765.2	−0.042%	$14K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,765.4	−0.031%	$964	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,764.7	−0.071%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,765.9	−0.004%	$2.8M	$1.1M	50x	as long as short
edgeX SNDKUSDC	+0.0008%	4h	1,764.2	−0.096%	$560K	$352K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,767.5	+0.088%	$658	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0026%	1h	1,761.6	−0.244%	—	$582K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,766.5	+0.034%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,766	+0.001%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,764.9	−0.060%	$425K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.926%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,765.4	−0.033%	$263K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,766.3	+0.020%	$243K	$654K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,765.4	−0.033%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,765.1	−0.048%	$116.8M	$152.9M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,765.1	−0.048%	$185K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,764.8	−0.065%	$721K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,765.6	−0.019%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,765.2	−0.042%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,765.6	−0.017%	$196K	$296K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,763.4	−0.147%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,764.7	−0.072%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0123%	1h	1,766.2	+0.013%	$128K	$355K	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0124%	1h	1,765.5	−0.024%	$51K	$346K	10x	as long as short