Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.003%

Price spread now: Injective against Gate+2.375%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 2.375% dearer against Gate than usual: you sell high and buy low: +$238 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.060%, 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	1,758.2	0	get 0.0000% / 8h	7h 51m	$178.6M	$216.6M	75x
Short	Injective SNDK/USDC PERP	1,800	0.0033	get 0.0004% / 1h	51m 20s	$36	$9K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +2.375%Rate

Funding earned: $7
Price spread: +2.375% → 0.000%: $237.52
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $229.5
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Gate: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.

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	1.48 bp	11.3 bp −$11	16.0 bp −$160	34.1 bp −$3,408	58.9 bp −$29.4K
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
GRVT SNDK_USDT_Perp	−0.0511%	8h	1,757.8	−0.025%	$21K	$2.1M	10x	as long as short
HTX SNDK-USDT	−0.0265%	8h	1,758	−0.010%	$1.4M	$10.5M	50x	as long as short
Bitget SNDKUSDT	−0.0240%	8h	1,758.2	+0.001%	$49.6M	$166.1M	75x	as long as short
Entropy io:SNDK	−0.0230%	1h	1,757.8	−0.023%	$4.6M	$19.4M	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,757.6	−0.034%	$4.0M	$4.6M	75x	as long as short
Nado SNDK-PERP	−0.0079%	1h	1,758.7	+0.030%	$335K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0011%	8h	1,757.1	−0.062%	$6.0M	$22.6M	20x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,757.4	−0.044%	$1.4M	$9.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,757.9	−0.019%	$21.4M	$32.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,758.6	+0.022%	$280.2M	$1.85B	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SNDKUSDT	0.0000%	8h	1,758.8	+0.032%	$31.6M	$103.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,758.4	+0.011%	$82.1M	$824.8M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,758.4	+0.013%	$136K	$1.6M	20x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,758.2	long leg	$178.6M	$216.6M	75x
Variational Omni SNDK	0.0000%	8h	1,758.4	+0.011%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,753.5	−0.267%	$273K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,757.9	−0.017%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,758.8	+0.032%	$607	$3.4M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,758.3	+0.003%	$51K	$359K	10x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,757.7	−0.030%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0013%	1h	1,755.5	−0.156%	—	$570K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0016%	1h	1,758.1	−0.003%	$672	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,758.4	+0.011%	$1.7M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,757.9	−0.018%	$1.2M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,757.8	−0.024%	$452K	$2.0M	10x	as long as short
Injective SNDK/USDC PERPshort	+0.0033%	1h	1,800	+2.375%	$36	$9K	12x
Arcus SNDK-USD	+0.0040%	1h	1,756.7	−0.085%	$255K	$1.5M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0046%	8h	1,757.5	−0.040%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,757.3	−0.051%	$242K	$628K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,758	−0.011%	$119.7M	$156.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,758.2	0.000%	$185K	$127K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,757.2	−0.056%	$719K	$521K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,756.5	−0.097%	$1.3M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,758	−0.012%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,757.9	−0.019%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,758.9	+0.039%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,758.2	0.000%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,758.5	+0.018%	$428K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0284%	1h	1,758.6	+0.021%	$128K	$347K	20x	as long as short
edgeX SNDKUSDC	+0.0620%	4h	1,755.5	−0.152%	$558K	$350K	10x	as long as short