Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.022%

Price spread now: Bybit against Gate+0.012%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$370.367% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 7 days−0.019%−$2 · spread now +0.012%, 7d avg +0.003%

Together, before fees+0.074%+$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,773.2	0	get 0.0000% / 8h	1h 34m	$183.3M	$241.5M	75x
Short	Bybit SNDKUSDT	1,773.4	0	get 0.0000% / 8h	1h 34m	$31.8M	$105.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.012%Rate

Funding earned: $0
Price spread: +0.012% → +0.003%: $0.84
Slippage, 4 orders: −$10.73
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$35.89
Costs to cover: 0.367%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Bybit: 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	1.16 bp	10.0 bp −$10	18.2 bp −$182	39.6 bp −$3,957	62.6 bp −$31.3K
Sell Bybit live order book, 5 min ago	0.03 bp	7.1 bp −$7	9.3 bp −$93	36.0 bp −$3,600	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	1,772.5	−0.039%	$4.1M	$4.5M	75x	as long as short
QFEX SNDK-USD	−0.0007%	1h	1,773	−0.010%	$2.2M	$21.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,773.3	+0.008%	$21.9M	$40.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,772.9	−0.015%	$286.1M	$1.89B	75x	as long as short
Bybit SNDKUSDTshort	0.0000%	8h	1,773.4	+0.012%	$31.8M	$105.6M	100x
OKX SNDK-USDT-SWAP	0.0000%	8h	1,773.2	−0.001%	$87.7M	$845.6M	75x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,773.2	long leg	$183.3M	$241.5M	75x
Bitget SNDKUSDT	0.0000%	8h	1,773.3	+0.007%	$49.6M	$170.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,771.7	−0.088%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,771.7	−0.083%	$21K	$1.0M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,771.5	−0.096%	$276K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,773.2	−0.001%	$13K	$293K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,773.1	−0.007%	$759	$4.0M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,773.7	+0.029%	$49K	$252K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,773.1	−0.004%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,773.7	+0.029%	$2.8M	$970K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0008%	1h	1,772	−0.066%	$682	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0015%	1h	1,773.6	+0.023%	$167K	$1.8M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,774.7	+0.081%	$1.5M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,773.3	+0.006%	$1.4M	$10.2M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,773	−0.014%	$410K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.509%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,772.4	−0.043%	$284K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,772.5	−0.043%	—	$670K	10x	as long as short
Entropy io:SNDK	+0.0048%	1h	1,771.5	−0.096%	$4.5M	$20.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,773.3	+0.005%	$245K	$671K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,773.2	−0.001%	$113.0M	$151.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,773	−0.012%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,772.5	−0.043%	$725K	$540K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,772.9	−0.018%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,771.2	−0.113%	$1.4M	$4.9M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0056%	1h	1,772.8	−0.022%	$441K	$2.4M	10x	as long as short
Nado SNDK-PERP	+0.0071%	1h	1,773.1	−0.006%	$313K	$1.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,773	−0.012%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,772.7	−0.028%	$213K	$290K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,772.3	−0.050%	$6.0M	$22.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,772.2	−0.057%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,772.2	−0.060%	$8K	$2K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0386%	1h	1,774.1	+0.048%	$129K	$415K	20x	as long as short
edgeX SNDKUSDC	+0.0762%	4h	1,771.8	−0.077%	$563K	$354K	10x	as long as short