Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.013%

Price spread now: KuCoin against Coinbase International+0.108%7-day average −0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$440.435% of the position

Long on Coinbase International Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 3 days (all we have)−0.114%−$11 · spread now +0.108%, 7d avg −0.040%

Together, before fees−0.099%−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.147% dearer against Coinbase International than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of −0.040%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SNDK-PERP-INTX	1,784.7	0.0128	pay 0.0016% / 1h	48m 43s	$442K	$2.3M	10x
Short	KuCoin SNDKUSDTM	1,786.6	0.0100	get 0.0100% / 8h	7h 48m	$6.1M	$22.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.108%Rate

Funding earned: −$5.88
Price spread: +0.108% → −0.040%: $14.71
Slippage, 4 orders: −$21.51
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$34.67
Costs to cover: 0.435%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; KuCoin: live order book, 10 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, 5 min ago	2.55 bp	7.9 bp −$8	11.2 bp −$112	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	0.65 bp	13.1 bp −$13	49.8 bp −$498	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	1,786.4	+0.097%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.7	+0.115%	$21.8M	$46.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,787.4	+0.154%	$286.3M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,788.1	+0.194%	$32.3M	$100.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,788.2	+0.198%	$86.8M	$837.0M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,787	+0.131%	$182.8M	$232.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,787.5	+0.157%	$48.3M	$168.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	−0.032%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,782.4	−0.130%	$9K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,782.8	−0.105%	$278K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNDK-USDT	0.0000%	8h	1,785.2	+0.027%	$616	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,787	+0.131%	$50K	$311K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786	+0.075%	$1.5M	$11.0M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.6	+0.110%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,785.8	+0.061%	$2.2M	$20.8M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,785.9	+0.067%	$175K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,782.2	−0.140%	$789	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,788.6	+0.222%	$1.6M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,788.1	+0.194%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,788.4	+0.211%	$421K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.857%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783.6	−0.062%	$299K	$1.6M	10x	as long as short
Nado SNDK-PERP	+0.0043%	1h	1,786.2	+0.085%	$354K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.9	+0.071%	—	$674K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,786.2	+0.086%	$247K	$655K	20x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,783.8	−0.049%	$4.7M	$20.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.8	+0.063%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,788.3	+0.202%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.2	+0.086%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,786.3	+0.092%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,787.4	+0.153%	$199K	$293K	10x	as long as short
KuCoin SNDKUSDTMshort	+0.0100%	8h	1,786.6	+0.108%	$6.1M	$22.0M	20x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.5	−0.065%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.3	+0.035%	$8K	$3K	20x	as long as short
Bullet SNDK-USD	+0.0125%	1h	1,786.5	+0.103%	$14K	$290K	10x	as long as short
Coinbase International SNDK-PERP-INTXlong	+0.0128%	1h	1,784.7	long leg	$442K	$2.3M	10x
tradeXYZ xyz:SNDK	+0.0162%	1h	1,788	+0.187%	$114.9M	$150.0M	10x	as long as short
SoDEX SNDK-USD	+0.0557%	1h	1,785.7	+0.055%	$730K	$527K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0661%	1h	1,787	+0.133%	$130K	$398K	20x	as long as short
edgeX SNDKUSDC	+0.0902%	4h	1,781.7	−0.165%	$566K	$354K	10x	as long as short