Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against Gate−0.099%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$330.329% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.120%+$12 on $10k

Price spread, last 7 days+0.148%+$15 · spread now −0.099%, 7d avg +0.003%

Together, before fees+0.268%+ Points / potential airdropGRVT: Active · farm board+$27 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.103% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,789.4	0	get 0.0000% / 8h	4h 42m	$180.1M	$230.7M	75x
Short	GRVT SNDK_USDT_Perp	1,787.7	0	get 0.0000% / 8h	4h 42m	$12K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.099%Rate

Funding earned: $0
Price spread: −0.099% → +0.003%: −$10.27
Slippage, 4 orders: −$8.94
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$43.21
Costs to cover: 0.329%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; GRVT: 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, 1 min ago	0.03 bp	11.6 bp −$12	19.4 bp −$194	37.2 bp −$3,725	60.8 bp −$30.4K
Sell GRVT live order book, 5 min ago	1.20 bp	5.7 bp −$6	7.1 bp −$71	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	1,789.3	−0.007%	$4.1M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0111%	1h	1,788.7	−0.041%	$4.9M	$19.9M	10x	as long as short
Nado SNDK-PERP	−0.0103%	1h	1,790.7	+0.069%	$310K	$1.5M	10x	as long as short
Phoenix SNDK	−0.0089%	1h	1,788.5	−0.052%	$279K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,789.5	+0.003%	$1.5M	$13.8M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.208%	$439K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.8	+0.018%	$21.7M	$37.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.6	+0.007%	$287.1M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790.3	+0.050%	$32.5M	$100.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,789.6	+0.010%	$84.7M	$825.5M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,790.7	+0.069%	$170K	$1.7M	20x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,789.4	long leg	$180.1M	$230.7M	75x
Bitget SNDKUSDT	0.0000%	8h	1,789.1	−0.016%	$43.8M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,787.3	−0.120%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perpshort	0.0000%	8h	1,787.7	−0.099%	$12K	$1.3M	10x
Bullet SNDK-USD	0.0000%	1h	1,789.4	−0.002%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.5	−0.052%	$943	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.9	+0.029%	$51K	$344K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.4	−0.059%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.4	−0.003%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,788.9	−0.027%	$666	$37K	5x	as long as short
KuCoin SNDKUSDTM	+0.0020%	8h	1,788.7	−0.039%	$6.1M	$22.3M	20x	as long as short
tradeXYZ xyz:SNDK	+0.0032%	1h	1,790	+0.032%	$115.1M	$146.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.7	+0.069%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.1	+0.039%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.7	+0.015%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.588%	$36	$9K	12x	as long as short
Popdex SNDKUSDT	+0.0040%	1h	1,789.4	−0.002%	$246K	$647K	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,786.9	−0.144%	$313K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,790.1	+0.037%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789	−0.025%	—	$581K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789.7	+0.018%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789	−0.024%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,788.7	−0.039%	$731K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,788	−0.080%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.9	−0.029%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,790	+0.034%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,788.1	−0.077%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.7	−0.039%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0668%	4h	1,786.9	−0.139%	$568K	$353K	10x	as long as short