Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Binance against GRVT+0.038%89s7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$230.234% of the position

Long on GRVT Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 2 days (all we have)−0.076%−$8 · spread now +0.038%, 7d avg +0.027%

Together, before fees−0.019%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SNDK_USDT_Perp	1,769.2	0	get 0.0000% / 8h	2h 14m	$10K	$1.0M	10x
Short	Binance SNDKUSDT	1,769.9	0	get 0.0000% / 8h	2h 14m	$286.8M	$1.90B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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 GRVTbpFee BinancebpOrdersPrice spread, now +0.038%Rate

Funding earned: $0
Price spread: +0.038% → +0.027%: $1.11
Slippage, 4 orders: −$4.38
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$22.26
Costs to cover: 0.234%
Break-even: never at this rate

Slippage from GRVT: live order book, 4 min ago; Binance: live order book, 15 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 GRVT live order book, 4 min ago	1.07 bp	5.9 bp −$6	447.6 bp −$4,476	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.03 bp	5.4 bp −$5	6.7 bp −$67	17.7 bp −$1,773	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	1,769.6	+0.021%	$4.1M	$4.5M	75x	as long as short
Arcus SNDK-USD	−0.0085%	1h	1,769.4	+0.012%	$282K	$1.7M	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,769.2	+0.001%	$276K	$195K	15x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,769.6	+0.024%	$2.2M	$21.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,770.4	+0.066%	$21.8M	$39.8M	20x	as long as short
Binance SNDKUSDTshort	0.0000%	8h	1,769.9	+0.038%	$286.8M	$1.90B	75x
Bybit SNDKUSDT	0.0000%	8h	1,770.4	+0.071%	$31.6M	$105.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,769.6	+0.024%	$87.7M	$847.1M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,770.9	+0.094%	$162K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,769.8	+0.034%	$183.5M	$244.9M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,769.8	+0.035%	$49.7M	$171.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,769.3	+0.005%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perplong	0.0000%	8h	1,769.2	long leg	$10K	$1.0M	10x
Bullet SNDK-USD	0.0000%	1h	1,770	+0.046%	$14K	$294K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,769	−0.013%	$980	$4.0M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,770.4	+0.068%	$49K	$230K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,769.5	+0.018%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,769.7	+0.027%	$2.8M	$943K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,769.7	+0.029%	$681	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,770.5	+0.073%	$1.5M	$16.5M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,770.4	+0.066%	$1.4M	$10.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,770	+0.046%	$410K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.740%	$36	$19K	12x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0040%	1h	1,770.3	+0.061%	$434K	$2.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0041%	1h	1,768.9	−0.017%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,769.7	+0.029%	$244K	$679K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,770.2	+0.057%	$111.9M	$151.8M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,769.1	−0.005%	$4.5M	$20.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,770	+0.046%	$196K	$185K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,769.5	+0.019%	$723K	$547K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768.6	−0.033%	$1.4M	$4.8M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,769.9	+0.042%	—	—	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0070%	1h	1,770.3	+0.061%	$128K	$414K	20x	as long as short
Nado SNDK-PERP	+0.0078%	1h	1,769.3	+0.004%	$309K	$1.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,769.8	+0.037%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,769.8	+0.036%	$213K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,769.3	+0.006%	$6.0M	$22.7M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,769.8	+0.033%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,769.5	+0.017%	$8K	$2K	20x	as long as short
edgeX SNDKUSDC	+0.0481%	4h	1,768.9	−0.015%	$562K	$356K	10x	as long as short