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 −0.008%

Price spread now: OKX against Gate−0.001%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$320.319% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.074%+$7 on $10k

Price spread, last 7 days−0.022%−$2 · spread now −0.001%, 7d avg −0.009%

Together, before fees+0.053%+$5 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	1,761.1	0	get 0.0000% / 8h	20m 43s	$178.0M	$228.8M	75x
Short	OKX SNDK-USDT-SWAP	1,761.1	0	get 0.0000% / 8h	20m 43s	$82.3M	$833.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.001%Rate

Funding earned: $0
Price spread: −0.001% → −0.009%: $0.84
Slippage, 4 orders: −$6.87
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$31.03
Costs to cover: 0.319%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; OKX: 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	0.57 bp	11.0 bp −$11	18.2 bp −$182	36.9 bp −$3,691	60.0 bp −$30.0K
Sell OKX live order book, 3 min ago	0.28 bp	5.3 bp −$5	6.0 bp −$60	12.0 bp −$1,205	59.1 bp −$29.5K

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
Bitget SNDKUSDT	−0.0277%	8h	1,761.8	+0.039%	$48.2M	$166.0M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,761.1	−0.003%	$4.0M	$4.6M	75x	as long as short
KuCoin SNDKUSDTM	−0.0015%	8h	1,760.4	−0.040%	$6.0M	$22.5M	20x	as long as short
Nado SNDK-PERP	−0.0011%	1h	1,761.8	+0.042%	$330K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,761.2	+0.006%	$1.4M	$10.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,761.8	+0.039%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,761.1	+0.002%	$280.1M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,761.3	+0.009%	$31.8M	$103.6M	100x	as long as short
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,761.1	−0.001%	$82.3M	$833.5M	75x
RISEx SNDK/USDC	0.0000%	1h	1,762.1	+0.058%	$120K	$1.6M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDTlong	0.0000%	8h	1,761.1	long leg	$178.0M	$228.8M	75x
Variational Omni SNDK	0.0000%	8h	1,760.4	−0.038%	$2.5M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759.7	−0.078%	$24K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761	−0.006%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,761	−0.007%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,761.5	+0.023%	$930	$3.4M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,760.9	−0.014%	$51K	$355K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.1	−0.001%	$1.4M	$10.5M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,761.5	+0.022%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,761.1	−0.001%	$723	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0016%	1h	1,758.9	−0.127%	—	$579K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,761.8	+0.039%	$1.8M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,761.2	+0.005%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.2	+0.005%	$495K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.206%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,759.4	−0.098%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.5	+0.022%	$242K	$652K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,761.2	+0.005%	$119.7M	$157.8M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,760.5	−0.035%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760.3	−0.046%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,761.1	−0.001%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,761.1	−0.002%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,760.5	−0.035%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,760.6	−0.030%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761	−0.006%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760.2	−0.053%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,760.6	−0.032%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,760.1	−0.060%	$428K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,761.8	+0.039%	$127K	$338K	20x	as long as short
edgeX SNDKUSDC	+0.0444%	4h	1,758.8	−0.133%	$559K	$350K	10x	as long as short