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: SunX against Gate+0.002%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$830.827% of the position

Long on Gate Short on SunX

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)−0.056%−$6 · spread now +0.002%, 7d avg −0.033%

Together, before fees−0.094%−$9 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: SunX is 0.035% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,772.8	0	get 0.0000% / 8h	2h 50m	$177.7M	$228.4M	75x
Short	SunX SNDK-USDT	1,772.8	0	get 0.0000% / 8h	2h 50m	$982	$3.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.002%Rate

Funding earned: $0
Price spread: +0.002% → −0.033%: $3.51
Slippage, 4 orders: −$59.7
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$79.19
Costs to cover: 0.827%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; SunX: live order book, 7 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	0.03 bp	7.6 bp −$8	22.9 bp −$229	39.6 bp −$3,959	63.9 bp −$31.9K
Sell SunX live order book, 7 min ago	28.06 bp	32.1 bp −$32	61.6 bp −$616	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	1,772	−0.042%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0043%	8h	1,771.9	−0.052%	$6.1M	$22.1M	20x	as long as short
Bitget SNDKUSDT	−0.0020%	8h	1,772.4	−0.024%	$44.7M	$162.8M	75x	as long as short
Nado SNDK-PERP	−0.0019%	1h	1,773.5	+0.040%	$338K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,772.6	−0.010%	$1.4M	$11.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,773.4	+0.034%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,772.9	+0.007%	$280.1M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,773.7	+0.050%	$32.0M	$102.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,773	+0.012%	$82.7M	$832.0M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,774	+0.068%	$121K	$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	1,772.8	long leg	$177.7M	$228.4M	75x
Variational Omni SNDK	0.0000%	8h	1,772.2	−0.032%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,772.7	−0.003%	$22K	$1.7M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,771.7	−0.061%	$276K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,772.7	−0.004%	$14K	$285K	10x	as long as short
SunX SNDK-USDTshort	0.0000%	8h	1,772.8	+0.002%	$982	$3.5M	20x
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,772.6	−0.012%	$51K	$347K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,772.4	−0.022%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,772.1	−0.041%	$2.8M	$1.1M	50x	as long as short
Entropy io:SNDK	+0.0012%	1h	1,771.2	−0.089%	$4.8M	$19.7M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,770.4	−0.132%	$659	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0015%	1h	1,772	−0.046%	—	$586K	10x	as long as short
Pacifica SNDK	+0.0024%	1h	1,772.7	−0.005%	$197K	$298K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,773	+0.013%	$1.4M	$9.3M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,772.9	+0.007%	$424K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.533%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,770.5	−0.130%	$264K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,773.3	+0.029%	$244K	$654K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,772.5	−0.016%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,772.8	+0.001%	$118.0M	$153.9M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,772.4	−0.021%	$185K	$132K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,772.3	−0.027%	$1.4M	$5.1M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,773.7	+0.054%	$435K	$2.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,772.4	−0.020%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,773	+0.010%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,771.3	−0.081%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,773.2	+0.023%	$128K	$355K	20x	as long as short
Lighter SNDK	+0.0128%	1h	1,773.8	+0.058%	$1.8M	$15.7M	20x	as long as short
SoDEX SNDK-USD	+0.0649%	1h	1,772.5	−0.015%	$725K	$513K	10x	as long as short
edgeX SNDKUSDC	+0.0742%	4h	1,771.1	−0.095%	$562K	$352K	10x	as long as short