Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0082%/8h= +8.9% APRpaid last 24h −0.025%

Price spread now: Deribit against Gate+0.022%7-day average +0.007% · 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−$45as in the Price arb table

costs, in and out, $10k−$470.469% of the position

Long on Gate Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.058%−$6 on $10k

Price spread, last 3 days (all we have)−0.018%−$2 · spread now +0.022%, 7d avg +0.007%

Together, before fees−0.076%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,779	0	get 0.0000% / 8h	47m 14s	$184.3M	$239.3M	75x
Short	Deribit SNDK_USDC-PERPETUAL	1,779.4	0.0082	get 0.0010% / 1h	47m 14s	$50K	$276K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.022%Rate

Funding earned: $17.15
Price spread: +0.022% → +0.007%: $1.58
Slippage, 4 orders: −$24.91
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$28.18
Costs to cover: 0.469%
Break-even: 18.5 days

Slippage from Gate: live order book, 2 min ago; Deribit: live order book, 31 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, 2 min ago	0.87 bp	9.1 bp −$9	22.1 bp −$221	36.5 bp −$3,648	61.3 bp −$30.7K
Sell Deribit live order book, 31 min ago	1.80 bp	18.0 bp −$18	22.3 bp −$223	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	1,779.3	+0.017%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0041%	1h	1,778	−0.055%	$4.5M	$20.5M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,778.9	−0.003%	$2.2M	$21.8M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,779.4	+0.026%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,779.2	+0.012%	$284.6M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,779.5	+0.029%	$31.9M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,779.5	+0.030%	$87.4M	$845.4M	75x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,779	long leg	$184.3M	$239.3M	75x
Bitget SNDKUSDT	0.0000%	8h	1,779.3	+0.016%	$49.7M	$170.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,777.9	−0.063%	$2.6M	$4.7M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,779.2	+0.015%	$15K	$1.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.7	−0.015%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,779.1	+0.010%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,778.9	−0.006%	$895	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,778.9	−0.004%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,779.5	+0.029%	$2.8M	$1.0M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,778.4	−0.033%	$703	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,780	+0.059%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.4	+0.025%	$1.3M	$9.9M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,778.6	−0.019%	$410K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.180%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,778.7	−0.018%	$285K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.8	−0.012%	—	$670K	10x	as long as short
edgeX SNDKUSDC	+0.0048%	4h	1,778.5	−0.025%	$565K	$355K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779	+0.002%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,779	+0.002%	$113.3M	$151.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,779	+0.002%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,779.3	+0.018%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,779.1	+0.006%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,779.1	+0.007%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778.9	−0.003%	$1K	—	10x	as long as short
Deribit SNDK_USDC-PERPETUALshort	+0.0082%	1h	1,779.4	+0.022%	$50K	$276K	10x
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,779.4	+0.024%	$442K	$2.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,778.9	−0.004%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,778.3	−0.036%	$6.0M	$22.3M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,778.5	−0.025%	$68K	$268K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,778	−0.053%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0184%	1h	1,780.2	+0.069%	$1.6M	$16.2M	20x	as long as short
Nado SNDK-PERP	+0.0195%	1h	1,778.9	−0.002%	$387K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,779.8	+0.047%	$129K	$407K	20x	as long as short