Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Polymarket Perps against Gate−0.015%7-day average −0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$360.356% of the position

Long on Gate Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days+0.042%+$4 · spread now −0.015%, 7d avg −0.084%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.069% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.084%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,788.4	0	get 0.0000% / 8h	5h 33m	$180.5M	$230.7M	75x
Short	Polymarket Perps SNDK-USD	1,788.1	0.0050	get 0.0006% / 1h	33m 14s	$188K	$134K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.015%Rate

Funding earned: $10.5
Price spread: −0.015% → −0.084%: $6.93
Slippage, 4 orders: −$12.61
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$18.18
Costs to cover: 0.356%
Break-even: 19.1 days

Slippage from Gate: live order book, 6 min ago; Polymarket Perps: live order book, 29 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, 6 min ago	0.70 bp	10.8 bp −$11	18.5 bp −$185	35.2 bp −$3,517	58.6 bp −$29.3K
Sell Polymarket Perps live order book, 29 min ago	1.96 bp	8.1 bp −$8	8.4 bp −$84	10.3 bp −$1,030	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	1,788	−0.022%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,787.1	−0.071%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0048%	1h	1,787.4	−0.054%	$4.9M	$20.2M	10x	as long as short
Nado SNDK-PERP	−0.0034%	1h	1,789	+0.035%	$360K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,788.1	−0.017%	$1.5M	$14.8M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,788.8	+0.024%	$21.8M	$37.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,788.2	−0.010%	$286.1M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789	+0.037%	$32.1M	$99.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,788.4	+0.002%	$85.2M	$823.5M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,789.4	+0.057%	$171K	$1.8M	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	1,788.4	long leg	$180.5M	$230.7M	75x
Bitget SNDKUSDT	0.0000%	8h	1,787.9	−0.024%	$43.9M	$161.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,787.2	−0.064%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,787.2	−0.068%	$18K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,788.2	−0.010%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,787.1	−0.070%	$481	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,788.6	+0.014%	$51K	$338K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,787.8	−0.032%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,788	−0.022%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,787.2	−0.066%	$665	$38K	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.149%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,789.2	+0.049%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,788.8	+0.023%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,788.7	+0.018%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.648%	$36	$9K	12x	as long as short
tradeXYZ xyz:SNDK	+0.0037%	1h	1,788.6	+0.013%	$114.6M	$145.6M	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,785.9	−0.137%	$313K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,787.7	−0.036%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,788.3	−0.004%	$246K	$646K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,788.4	−0.001%	—	—	5x	as long as short
Polymarket Perps SNDK-USDshort	+0.0050%	1h	1,788.1	−0.015%	$188K	$134K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,787.8	−0.030%	$731K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787.7	−0.037%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,788.7	+0.017%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.1	−0.014%	$1K	—	10x	as long as short
KuCoin SNDKUSDTM	+0.0091%	8h	1,787.9	−0.026%	$6.1M	$21.7M	20x	as long as short
Pacifica SNDK	+0.0094%	1h	1,788.5	+0.005%	$199K	$292K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787.5	−0.048%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788	−0.023%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0693%	4h	1,786.6	−0.100%	$567K	$353K	10x	as long as short