Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0152%/8h= −16.6% APRpaid last 24h −0.053%

Price spread now: BloFin against Extended−0.014%54s7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$230.226% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 4 days (all we have)−0.134%−$13 · spread now −0.014%, 7d avg −0.003%

Together, before fees−0.096%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SNDK_24_5-USD	1,790.4	0.0032	pay 0.0004% / 1h	8m 17s	$450K	$1.7M	10x
Short	BloFin SNDK-USDT	1,790.2	−0.0120	pay 0.0120% / 8h	5h 08m	$4.1M	$4.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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 ExtendedbpFee BloFinbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$31.92
Price spread: −0.014% → −0.003%: −$1.13
Slippage, 4 orders: −$5.56
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$55.61
Costs to cover: 0.226%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; BloFin: live order book, 5 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 Extended live order book, 5 min ago	1.56 bp	4.8 bp −$5	11.6 bp −$116	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	0.50 bp	6.5 bp −$7	7.9 bp −$79	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-USDTshort	−0.0120%	8h	1,790.2	−0.014%	$4.1M	$4.4M	75x
Phoenix SNDK	−0.0090%	1h	1,790.7	+0.017%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0046%	1h	1,791.3	+0.048%	$361K	$1.4M	10x	as long as short
Entropy io:SNDK	−0.0044%	1h	1,790.1	−0.017%	$4.9M	$19.9M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,789.7	−0.037%	$1.5M	$14.4M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0007%	1h	1,790.3	−0.006%	$51K	$342K	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,790.1	−0.019%	$21.8M	$35.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.9	−0.027%	$286.9M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790.3	−0.003%	$32.2M	$99.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,790	−0.022%	$85.0M	$825.1M	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/USDC	0.0000%	1h	1,791.2	+0.046%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,790	−0.023%	$180.8M	$231.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.6	−0.043%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.5	−0.051%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790	−0.020%	$13K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.9	−0.029%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.4	−0.114%	$739	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.6	−0.046%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,790.1	−0.018%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,790.5	+0.003%	$666	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0014%	1h	1,789.9	−0.028%	$114.8M	$145.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.263%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,791.3	+0.047%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.7	+0.017%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USDlong	+0.0032%	1h	1,790.4	long leg	$450K	$1.7M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.534%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.9	−0.087%	$313K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.3	−0.005%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,790.2	−0.011%	$247K	$646K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,790	−0.020%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.5	−0.050%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.9	−0.031%	$732K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.7	−0.039%	$1.4M	$5.1M	5x	as long as short
KuCoin SNDKUSDTM	+0.0055%	8h	1,788.9	−0.083%	$6.1M	$22.0M	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,790.2	−0.012%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.5	−0.052%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,790.3	−0.006%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,790.9	+0.029%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789.4	−0.054%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0833%	4h	1,789.5	−0.049%	$568K	$351K	10x	as long as short