Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.017%

Price spread now: Coinbase International against KuCoin+0.046%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$450.450% of the position

Long on KuCoin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$1 on $10k

Price spread, last 3 days (all we have)−0.044%−$4 · spread now +0.046%, 7d avg +0.040%

Together, before fees−0.059%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SNDKUSDTM	1,778.6	0.0100	pay 0.0100% / 8h	43m 38s	$6.0M	$22.2M	20x
Short	Coinbase International SNDK-PERP-INTX	1,779.4	0.0096	get 0.0012% / 1h	43m 38s	$442K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against KuCoin. 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 KuCoinbpFee Coinbase InternationalbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$0.84
Price spread: +0.046% → +0.040%: $0.63
Slippage, 4 orders: −$23.02
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$45.23
Costs to cover: 0.450%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Coinbase International: live order book, 5 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 KuCoin live order book, 5 min ago	0.28 bp	15.6 bp −$16	57.7 bp −$577	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	2.13 bp	7.3 bp −$7	11.7 bp −$117	31.5 bp −$3,147	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	1,778.6	−0.001%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0047%	1h	1,778.3	−0.016%	$4.5M	$20.5M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,778.4	−0.012%	$2.2M	$21.8M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,779.5	+0.050%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,779.2	+0.034%	$284.6M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,779.3	+0.040%	$31.9M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,779.5	+0.052%	$87.4M	$845.2M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,779.2	+0.035%	$184.2M	$239.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,779.4	+0.047%	$49.6M	$170.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,779.1	+0.029%	$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_Perp	0.0000%	8h	1,779.2	+0.037%	$15K	$1.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.7	+0.007%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,779.3	+0.040%	$14K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,778	−0.031%	$965	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,778.9	+0.017%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,779.2	+0.037%	$2.8M	$1.0M	50x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0009%	1h	1,779.3	+0.038%	$50K	$277K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,778.7	+0.005%	$731	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,779.9	+0.072%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.3	+0.040%	$1.3M	$9.9M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,778.5	−0.007%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.202%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,778.8	+0.011%	$285K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.6	+0.001%	—	$670K	10x	as long as short
edgeX SNDKUSDC	+0.0048%	4h	1,778.5	−0.003%	$565K	$355K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779	+0.024%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,779	+0.024%	$113.4M	$151.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,778.8	+0.012%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,779.2	+0.034%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.8	+0.010%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,779.1	+0.029%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,779.1	+0.029%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTXshort	+0.0096%	1h	1,779.4	+0.046%	$442K	$2.4M	10x
Pacifica SNDK	+0.0100%	1h	1,779	+0.024%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTMlong	+0.0100%	8h	1,778.6	long leg	$6.0M	$22.2M	20x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,779.6	+0.058%	$68K	$268K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,778.8	+0.012%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0184%	1h	1,780.1	+0.085%	$1.6M	$16.2M	20x	as long as short
Nado SNDK-PERP	+0.0193%	1h	1,778.9	+0.019%	$387K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,779.7	+0.061%	$129K	$407K	20x	as long as short