Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.021%

Price spread now: Orderly against Coinbase International−0.011%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 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	1,782.5	0.0024	pay 0.0003% / 1h	58m 51s	$435K	$2.3M	10x
Short	Orderly PERP_SNDK_USDC_mythos	1,782.3	0.0100	get 0.0100% / 8h	5h 58m	$8K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.011%Rate

Funding earned: $15.96
Price spread: −0.011% → 0.000%: −$1.12
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$1.16
Costs to cover: 0.160%
Break-even: 7.5 days

Slippage unknown: Coinbase International: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.

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	2.66 bp	9.2 bp −$9	12.1 bp −$121	35.8 bp −$3,581	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,784.4	+0.109%	$278K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,781.8	−0.036%	$1.6M	$15.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,785.2	+0.153%	$21.8M	$37.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,784.6	+0.121%	$285.6M	$1.81B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,785	+0.144%	$32.1M	$99.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,784.8	+0.132%	$85.3M	$821.6M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,783.3	+0.045%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,784.3	+0.106%	$180.1M	$230.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,784.4	+0.111%	$43.8M	$163.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.2	+0.101%	$2.6M	$4.7M	—	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.5	+0.173%	$19K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,782.3	−0.008%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,781.5	−0.055%	$857	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,783.2	+0.042%	$50K	$332K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,783.2	+0.040%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,783.7	+0.068%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,784.6	+0.120%	$664	$37K	5x	as long as short
Coinbase International SNDK-PERP-INTXlong	+0.0024%	1h	1,782.5	long leg	$435K	$2.3M	10x
Lighter SNDK	+0.0032%	1h	1,785.4	+0.166%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,784.8	+0.132%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,784.2	+0.097%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.982%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,782.9	+0.024%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,781.8	−0.035%	—	$584K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,781.9	−0.032%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,782	−0.025%	$245K	$645K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,784.5	+0.115%	$114.4M	$146.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,784.3	+0.104%	$4.9M	$20.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,781.8	−0.036%	$187K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,783	+0.033%	$729K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.3	+0.104%	$1.4M	$5.0M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,783.1	+0.034%	$130K	$355K	20x	as long as short
Nado SNDK-PERP	+0.0060%	1h	1,783.3	+0.050%	$359K	$1.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,782.7	+0.015%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,782.3	−0.008%	$198K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,783.6	+0.062%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,784.5	+0.113%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythosshort	+0.0100%	8h	1,782.3	−0.011%	$8K	$3K	20x
edgeX SNDKUSDC	+0.0591%	4h	1,784.5	+0.116%	$567K	$354K	10x	as long as short