Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.044%

Price spread now: Injective against GRVT+1.189%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.184%−$18 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 1.189% dearer against GRVT than usual: you sell high and buy low: +$119 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.184%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SNDK_USDT_Perp	1,778.8	0	get 0.0000% / 8h	27m 02s	$12K	$1.0M	10x
Short	Injective SNDK/USDC PERP	1,800	0.0033	get 0.0004% / 1h	27m 02s	$36	$15K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +1.189%Rate

Funding earned: $7
Price spread: +1.189% → 0.000%: $118.9
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $116.88
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: GRVT: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.

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, 1 min ago	1.21 bp	5.7 bp −$6	7.1 bp −$71	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,778.1	−0.038%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0073%	1h	1,777.8	−0.057%	$4.5M	$20.5M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,777.6	−0.067%	$2.2M	$21.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,778.5	−0.015%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,778.1	−0.039%	$284.0M	$1.89B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,778.3	−0.031%	$31.7M	$105.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,778.8	−0.001%	$87.3M	$846.3M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,778.1	−0.039%	$183.8M	$239.6M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,778.5	−0.018%	$49.6M	$170.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,778.7	−0.008%	$2.6M	$4.7M	—	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_Perplong	0.0000%	8h	1,778.8	long leg	$12K	$1.0M	10x
Phoenix SNDK	0.0000%	1h	1,778.3	−0.029%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,778.1	−0.040%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,777.1	−0.095%	$825	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,777.8	−0.056%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,778.3	−0.028%	$2.8M	$1.0M	50x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0009%	1h	1,778.4	−0.024%	$50K	$299K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,778.4	−0.024%	$702	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,779.1	+0.019%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,778.4	−0.026%	$1.3M	$10.0M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,777.4	−0.082%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERPshort	+0.0033%	1h	1,800	+1.189%	$36	$15K	12x
Arcus SNDK-USD	+0.0040%	1h	1,777.2	−0.090%	$286K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,777.7	−0.065%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,778	−0.046%	$245K	$671K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,778.1	−0.040%	$113.4M	$151.9M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,777.9	−0.051%	$205K	$123K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,777.9	−0.053%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,777.7	−0.060%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778.3	−0.029%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778	−0.046%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,778.6	−0.015%	$441K	$2.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,777.8	−0.058%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,777.9	−0.053%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,778.9	+0.003%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,777.5	−0.075%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0128%	1h	1,779.1	+0.014%	$1.6M	$16.3M	20x	as long as short
Nado SNDK-PERP	+0.0166%	1h	1,777.9	−0.049%	$360K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,778.6	−0.014%	$129K	$406K	20x	as long as short
edgeX SNDKUSDC	+0.0778%	4h	1,778.5	−0.018%	$565K	$353K	10x	as long as short