Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0112%/8h= −12.3% APRpaid last 24h −0.016%

Price spread now: Binance against Coinbase International−0.029%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$270.271% of the position

Long on Coinbase International Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.029%, 7d avg −0.036%

Together, before fees+0.210%+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.036%, 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	Coinbase International SNDK-PERP-INTX	1,758.7	0.0112	pay 0.0014% / 1h	2m 17s	$440K	$2.1M	10x
Short	Binance SNDKUSDT	1,758.2	0	get 0.0000% / 8h	7h 02m	$279.3M	$1.86B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Coinbase International. 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 Coinbase InternationalbpFee BinancebpOrdersPrice spread, now −0.029%Rate

Funding earned: −$23.52
Price spread: −0.029% → −0.036%: $0.7
Slippage, 4 orders: −$7.1
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$49.91
Costs to cover: 0.271%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 1 min ago; Binance: live order book, 12 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 Coinbase International live order book, 1 min ago	2.90 bp	8.2 bp −$8	13.3 bp −$133	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	0.03 bp	5.2 bp −$5	6.4 bp −$64	16.0 bp −$1,603	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
Bitget SNDKUSDT	−0.0146%	8h	1,758.3	−0.023%	$49.5M	$168.1M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,758.4	−0.018%	$3.9M	$4.6M	75x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,758	−0.042%	$1.4M	$9.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,758.1	−0.034%	$21.4M	$32.5M	20x	as long as short
Binance SNDKUSDTshort	0.0000%	8h	1,758.2	−0.029%	$279.3M	$1.86B	75x
Bybit SNDKUSDT	0.0000%	8h	1,758.3	−0.024%	$31.9M	$105.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,758.4	−0.018%	$82.1M	$825.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,759	+0.015%	$136K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,757.8	−0.049%	$180.2M	$222.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.4	−0.018%	$2.5M	$4.8M	—	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	1,758.7	+0.002%	$21K	$2.3M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,758.5	−0.012%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,757.8	−0.052%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,758.5	−0.012%	$883	$3.2M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,758.2	−0.027%	$51K	$356K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,757.3	−0.081%	$1.4M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,758.1	−0.032%	$2.8M	$1.1M	50x	as long as short
KuCoin SNDKUSDTM	+0.0013%	8h	1,757.4	−0.077%	$6.0M	$22.6M	20x	as long as short
Nado SNDK-PERP	+0.0013%	1h	1,758.7	−0.002%	$336K	$1.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,757.8	−0.049%	$672	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,758.9	+0.013%	$1.7M	$16.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,758.4	−0.018%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,756.4	−0.131%	$389K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.345%	$36	$9K	12x	as long as short
Vest SNDK-USD-PERP	+0.0039%	1h	1,758.3	−0.023%	—	$573K	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,757.7	−0.056%	$270K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,758.4	−0.018%	$242K	$666K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,758.2	−0.029%	$119.3M	$159.3M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,758.4	−0.018%	$4.5M	$19.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,757.6	−0.063%	$185K	$130K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,758.5	−0.012%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,758.4	−0.015%	—	—	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,757.9	−0.047%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,758.2	−0.029%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.6	+0.052%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,757.2	−0.088%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTXlong	+0.0112%	1h	1,758.7	long leg	$440K	$2.1M	10x
SoDEX SNDK-USD	+0.0139%	1h	1,757.7	−0.058%	$719K	$515K	10x	as long as short
edgeX SNDKUSDC	+0.0256%	4h	1,759.1	+0.020%	$559K	$349K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0284%	1h	1,758.5	−0.014%	$128K	$336K	20x	as long as short