Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: Binance against Bybit−0.009%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 2 days (all we have)−0.021%−$2 · spread now −0.009%, 7d avg −0.018%

Together, before fees+0.060%+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SNDKUSDT	1,785.6	0	get 0.0000% / 8h	6h 03m	$32.1M	$99.7M	100x
Short	Binance SNDKUSDT	1,785.4	0	get 0.0000% / 8h	6h 03m	$285.7M	$1.81B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.009%Rate

Funding earned: $0
Price spread: −0.009% → −0.018%: $0.92
Slippage, 4 orders: −$3.83
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$23.91
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from Bybit: live order book, 6 min ago; Binance: live order book, 11 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 Bybit live order book, 6 min ago	0.03 bp	8.0 bp −$8	10.5 bp −$105	28.7 bp −$2,870	doesn't fit
Sell Binance live order book, 11 min ago	0.03 bp	5.1 bp −$5	6.4 bp −$64	15.8 bp −$1,579	doesn't fit

SNDK on 39 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
Phoenix SNDK	−0.0045%	1h	1,784.7	−0.048%	$278K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0035%	1h	1,785.9	+0.020%	$359K	$1.4M	10x	as long as short
Entropy io:SNDK	−0.0032%	1h	1,784.9	−0.037%	$4.9M	$20.4M	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,784.9	−0.038%	$1.6M	$15.8M	10x	as long as short
tradeXYZ xyz:SNDK	−0.0011%	1h	1,785.3	−0.015%	$114.5M	$145.8M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,785.8	+0.014%	$21.8M	$37.1M	20x	as long as short
Binance SNDKUSDTshort	0.0000%	8h	1,785.4	−0.009%	$285.7M	$1.81B	75x
Bybit SNDKUSDTlong	0.0000%	8h	1,785.6	long leg	$32.1M	$99.7M	100x
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.6	+0.002%	$85.4M	$823.4M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,785.4	−0.012%	$180.6M	$232.7M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,785.2	−0.019%	$43.8M	$163.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.8	−0.040%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,784.8	−0.041%	$19K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,785.4	−0.009%	$15K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.1	−0.029%	$987	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,785.4	−0.010%	$51K	$331K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,784.9	−0.040%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,785.3	−0.016%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,785.5	−0.005%	$707	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,786.2	+0.036%	$1.7M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,785.5	−0.002%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,784.8	−0.040%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.806%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783.8	−0.101%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,784.2	−0.074%	—	$584K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,785.2	−0.021%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,785.2	−0.020%	$246K	$645K	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.1	−0.026%	$187K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,785	−0.031%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.8	−0.043%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785.1	−0.028%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,784	−0.086%	$436K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,785.6	0.000%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,784.3	−0.073%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,785.1	−0.024%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,784.5	−0.059%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,786	+0.022%	$130K	$357K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,785.8	+0.014%	$170K	$1.8M	20x	as long as short
edgeX SNDKUSDC	+0.0998%	4h	1,783.6	−0.109%	$566K	$353K	10x	as long as short