Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.017%

Price spread now: Extended against Gate−0.267%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

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

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.095%+$10 on $10k

Price spread, last 7 days+0.250%+$25 · spread now −0.267%, 7d avg −0.037%

Together, before fees+0.346%+ Points / potential airdropExtended: Active · farm board+$35 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.230% cheaper against Gate than usual: you would sell low and buy high (spread −0.267% now, against its 7-day average of −0.037%). If the spread goes back, that is −$23 on $10k: about 24 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,780.6	0	get 0.0000% / 8h	7h 55m	$183.2M	$232.0M	75x
Short	Extended SNDK_24_5-USD	1,775.8	0.0032	get 0.0004% / 1h	55m 52s	$419K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.267%Rate

Funding earned: $6.72
Price spread: −0.267% → −0.037%: −$23.01
Slippage, 4 orders: −$17.19
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$53.48
Costs to cover: 0.372%
Break-even: 62.7 days

Slippage from Gate: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago	1.24 bp	13.0 bp −$13	29.0 bp −$290	45.5 bp −$4,555	64.7 bp −$32.4K
Sell Extended live order book, 3 min ago	3.97 bp	6.8 bp −$7	27.4 bp −$274	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	1,780.1	−0.026%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0026%	1h	1,777.9	−0.151%	$4.7M	$20.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,780.6	−0.001%	$21.9M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,780.9	+0.015%	$284.2M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,780.9	+0.019%	$32.0M	$101.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,780.9	+0.018%	$86.7M	$836.9M	75x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,780.6	long leg	$183.2M	$232.0M	75x
Bitget SNDKUSDT	0.0000%	8h	1,780.6	+0.003%	$47.9M	$169.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,779.6	−0.058%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,776.9	−0.207%	$19K	$1.1M	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	1,777.9	−0.151%	$277K	$195K	15x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,778.6	−0.110%	$820	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,780.9	+0.018%	$50K	$310K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,780.2	−0.020%	$1.5M	$11.0M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,780.6	+0.001%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,779.3	−0.072%	$2.2M	$21.4M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,780.3	−0.016%	$175K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,777.4	−0.181%	$751	$37K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,780.7	+0.006%	$1.3M	$9.4M	10x	as long as short
Extended SNDK_24_5-USDshort	+0.0032%	1h	1,775.8	−0.267%	$419K	$1.6M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.088%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,777	−0.202%	$285K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,779.4	−0.069%	—	$670K	10x	as long as short
Lighter SNDK	+0.0048%	1h	1,781.3	+0.039%	$1.5M	$15.9M	20x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779.5	−0.061%	$246K	$663K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,779.1	−0.081%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,777.3	−0.184%	$1.4M	$4.9M	5x	as long as short
Polymarket Perps SNDK-USD	+0.0065%	1h	1,777.8	−0.156%	$186K	$142K	10x	as long as short
Nado SNDK-PERP	+0.0075%	1h	1,779.6	−0.054%	$353K	$1.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778	−0.143%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,778.7	−0.106%	$212K	$279K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,779.3	−0.073%	$6.1M	$22.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,777.1	−0.196%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,780.3	−0.013%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,780.5	−0.006%	$441K	$2.4M	10x	as long as short
edgeX SNDKUSDC	+0.0237%	4h	1,776.3	−0.239%	$564K	$353K	10x	as long as short
SoDEX SNDK-USD	+0.0267%	1h	1,779.2	−0.078%	$727K	$527K	10x	as long as short
Bullet SNDK-USD	+0.0322%	1h	1,780.6	+0.001%	$14K	$290K	10x	as long as short
tradeXYZ xyz:SNDK	+0.0412%	1h	1,778.2	−0.134%	$114.0M	$152.9M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0663%	1h	1,780.6	0.000%	$130K	$399K	20x	as long as short