Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against Gate+0.013%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$750.754% of the position

Long on Gate Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.013%, 7d avg +0.017%

Together, before fees−0.074%−$7 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	1,759.9	0	get 0.0000% / 8h	6h 59m	$180.5M	$215.7M	75x
Short	Phemex SNDKUSDT	1,760.1	0	get 0.0000% / 8h	6h 59m	$2.8M	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → +0.017%: −$0.4
Slippage, 4 orders: −$48.37
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$75.77
Costs to cover: 0.754%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Phemex: live order book, 4 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, 5 min ago	1.05 bp	10.3 bp −$10	24.6 bp −$246	39.9 bp −$3,987	61.6 bp −$30.8K
Sell Phemex live order book, 4 min ago	2.02 bp	17.6 bp −$18	doesn't fit	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
Bitget SNDKUSDT	−0.0133%	8h	1,759.7	−0.009%	$49.7M	$168.3M	75x	as long as short
Entropy io:SNDK	−0.0128%	1h	1,759.8	−0.005%	$4.5M	$19.4M	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,758.3	−0.089%	$3.9M	$4.6M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,760	+0.009%	$21.4M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,760	+0.007%	$279.2M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,760.3	+0.023%	$32.0M	$105.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,760.1	+0.013%	$82.4M	$827.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,761	+0.063%	$136K	$1.5M	20x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,759.9	long leg	$180.5M	$215.7M	75x
Variational Omni SNDK	0.0000%	8h	1,758.2	−0.097%	$2.6M	$4.8M	—	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	1,758.3	−0.090%	$23K	$2.3M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,757.5	−0.135%	$274K	$189K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,759.5	−0.021%	$13K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,759.7	−0.013%	$811	$3.2M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,760.2	+0.018%	$51K	$358K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,758.5	−0.077%	$1.4M	$9.9M	50x	as long as short
Phemex SNDKUSDTshort	0.0000%	8h	1,760.1	+0.013%	$2.8M	$1.1M	50x
QFEX SNDK-USD	0.0000%	1h	1,759.7	−0.009%	$1.4M	$9.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,758.9	−0.056%	$673	$38K	5x	as long as short
KuCoin SNDKUSDTM	+0.0021%	8h	1,758.8	−0.064%	$6.0M	$22.6M	20x	as long as short
Nado SNDK-PERP	+0.0026%	1h	1,759.3	−0.033%	$336K	$1.5M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,760.5	+0.038%	$1.7M	$16.5M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,759.7	−0.011%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,759.2	−0.039%	$390K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.277%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,759.1	−0.045%	$270K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0044%	1h	1,760.1	+0.013%	—	$573K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,760	+0.007%	$242K	$666K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,759.2	−0.039%	$119.4M	$159.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,759.1	−0.044%	$186K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,759.8	−0.007%	$720K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,759.8	−0.005%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0052%	8h	1,759.4	−0.028%	—	—	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,759.7	−0.013%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,759.4	−0.027%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,757.4	−0.143%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,759.6	−0.019%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0136%	1h	1,758.7	−0.066%	$440K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0553%	1h	1,760.5	+0.037%	$128K	$334K	20x	as long as short
edgeX SNDKUSDC	+0.0598%	4h	1,759.1	−0.043%	$559K	$350K	10x	as long as short