Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.009%

Price spread now: Arcus against Gate+0.011%7-day average −0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$370.372% of the position

Long on Gate Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.009%+$1 on $10k

Price spread, last 7 days−0.046%−$5 · spread now +0.011%, 7d avg −0.075%

Together, before fees−0.037%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.086% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,784.9	0	get 0.0000% / 8h	3h 54m	$180.3M	$228.6M	75x
Short	Arcus SNDK-USD	1,785.1	0.0040	get 0.0005% / 1h	54m 15s	$277K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Gate. 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 GatebpFee ArcusbpOrdersPrice spread, now +0.011%Rate

Funding earned: $8.46
Price spread: +0.011% → −0.075%: $8.62
Slippage, 4 orders: −$17.71
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$20.14
Costs to cover: 0.372%
Break-even: 23.7 days

Slippage from Gate: live order book, 5 min ago; Arcus: 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 Gate live order book, 5 min ago	0.03 bp	9.9 bp −$10	28.8 bp −$288	44.4 bp −$4,440	66.6 bp −$33.3K
Sell Arcus live order book, 5 min ago	1.01 bp	7.8 bp −$8	12.2 bp −$122	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
Entropy io:SNDK	−0.0127%	1h	1,785.9	+0.058%	$4.9M	$19.8M	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,785	+0.007%	$4.0M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0089%	1h	1,785.6	+0.041%	$278K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0050%	1h	1,786.1	+0.070%	$349K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0034%	8h	1,786.1	+0.067%	$6.1M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,785	+0.010%	$1.4M	$12.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,785.6	+0.040%	$436K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.6	+0.096%	$21.8M	$34.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,785.2	+0.017%	$284.2M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,785.5	+0.033%	$32.3M	$100.8M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785	+0.008%	$83.7M	$825.6M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,786.6	+0.095%	$171K	$1.6M	20x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,784.9	long leg	$180.3M	$228.6M	75x
Bitget SNDKUSDT	0.0000%	8h	1,785.2	+0.019%	$43.8M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.9	+0.002%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.5	+0.038%	$20K	$1.5M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,785	+0.008%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,783.7	−0.068%	$804	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,785.3	+0.025%	$51K	$345K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,784.2	−0.040%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,784.8	−0.006%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,786.8	+0.109%	$665	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,785.9	+0.061%	$1.7M	$15.5M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,785.4	+0.029%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,785.5	+0.035%	$439K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.846%	$36	$9K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,785.1	+0.011%	$277K	$1.4M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,784.8	−0.003%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,785.3	+0.025%	$245K	$648K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,785.3	+0.023%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,785.5	+0.036%	$118.2M	$149.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784.9	+0.002%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,784.9	+0.001%	$730K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.3	−0.031%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,784.5	−0.019%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,785.6	+0.040%	$199K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,786.6	+0.099%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,784.3	−0.032%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,785.5	+0.038%	$130K	$352K	20x	as long as short
edgeX SNDKUSDC	+0.0930%	4h	1,785.7	+0.049%	$567K	$351K	10x	as long as short