Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h −0.010%

Price spread now: KuCoin against Extended−0.103%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$400.404% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 7 days+0.061%+$6 · spread now −0.103%, 7d avg +0.003%

Together, before fees+0.104%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.106% cheaper against Extended than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of +0.003%). If the spread goes back, that is −$11 on $10k: about 5.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.042% in total) that is about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SNDK_24_5-USD	1,788.4	0.0032	pay 0.0004% / 1h	48m 45s	$421K	$1.6M	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 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 KuCoinbpOrdersPrice spread, now −0.103%Rate

Funding earned: $14.28
Price spread: −0.103% → +0.003%: −$10.59
Slippage, 4 orders: −$23.37
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$36.68
Costs to cover: 0.404%
Break-even: 25.0 days

Slippage from Extended: 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 Extended live order book, 5 min ago	3.17 bp	6.9 bp −$7	15.5 bp −$155	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	−0.114%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.7	−0.095%	$21.8M	$46.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,787.4	−0.057%	$286.3M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,788.1	−0.017%	$32.3M	$100.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,788.2	−0.013%	$86.8M	$837.0M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,787	−0.080%	$182.8M	$232.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,787.5	−0.053%	$48.3M	$168.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	−0.242%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,782.4	−0.340%	$9K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,782.8	−0.315%	$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	−0.183%	$616	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,787	−0.079%	$50K	$311K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786	−0.136%	$1.5M	$11.0M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.6	−0.100%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,785.8	−0.150%	$2.2M	$20.8M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,785.9	−0.143%	$175K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,782.2	−0.350%	$789	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,788.6	+0.012%	$1.6M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,788.1	−0.017%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USDlong	+0.0032%	1h	1,788.4	long leg	$421K	$1.6M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.645%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783.6	−0.272%	$299K	$1.6M	10x	as long as short
Nado SNDK-PERP	+0.0043%	1h	1,786.2	−0.126%	$354K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.9	−0.139%	—	$674K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,786.2	−0.125%	$247K	$655K	20x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,783.8	−0.259%	$4.7M	$20.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.8	−0.147%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,788.3	−0.009%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.2	−0.125%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,786.3	−0.118%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,787.4	−0.058%	$199K	$293K	10x	as long as short
KuCoin SNDKUSDTMshort	+0.0100%	8h	1,786.6	−0.103%	$6.1M	$22.0M	20x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.5	−0.275%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.3	−0.175%	$8K	$3K	20x	as long as short
Bullet SNDK-USD	+0.0125%	1h	1,786.5	−0.108%	$14K	$290K	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,784.7	−0.210%	$442K	$2.3M	10x	as long as short
tradeXYZ xyz:SNDK	+0.0162%	1h	1,788	−0.024%	$114.9M	$150.0M	10x	as long as short
SoDEX SNDK-USD	+0.0557%	1h	1,785.7	−0.155%	$730K	$527K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0661%	1h	1,787	−0.078%	$130K	$398K	20x	as long as short
edgeX SNDKUSDC	+0.0902%	4h	1,781.7	−0.375%	$566K	$354K	10x	as long as short