Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h +0.052%

Price spread now: Extended against KuCoin+0.047%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

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

costs, in and out, $10k−$330.335% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 7 days+0.003%$0 · spread now +0.047%, 7d avg −0.002%

Together, before fees−0.037%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.049% dearer against KuCoin than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.002%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.040% in total) that is about 8.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SNDKUSDTM	1,770.4	0.0100	pay 0.0100% / 8h	1h 45m	$6.0M	$22.8M	20x
Short	Extended SNDK_24_5-USD	1,771.3	0.0032	get 0.0004% / 1h	45m 01s	$410K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$14.28
Price spread: +0.047% → −0.002%: $4.91
Slippage, 4 orders: −$16.47
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$42.83
Costs to cover: 0.335%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago	1.30 bp	13.4 bp −$13	58.7 bp −$587	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	1.75 bp	4.7 bp −$5	9.6 bp −$96	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	1,771.3	+0.049%	$4.1M	$4.5M	75x	as long as short
QFEX SNDK-USD	−0.0007%	1h	1,770.8	+0.018%	$2.2M	$21.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,771.3	+0.051%	$21.8M	$39.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,771.4	+0.054%	$286.4M	$1.89B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,771.5	+0.062%	$31.7M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,771.5	+0.060%	$87.7M	$845.7M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,771.3	+0.049%	$183.2M	$241.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,771.5	+0.058%	$49.6M	$170.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,770.2	−0.014%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,770.6	+0.012%	$9K	$1.0M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,771.4	+0.054%	$276K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,771.1	+0.040%	$13K	$294K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,770.9	+0.027%	$880	$4.0M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,771.3	+0.047%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,771.5	+0.060%	$2.8M	$963K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0007%	1h	1,771.2	+0.043%	$755	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0015%	1h	1,771.9	+0.082%	$162K	$1.8M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,771.9	+0.082%	$1.5M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,771.5	+0.057%	$1.4M	$10.2M	10x	as long as short
Extended SNDK_24_5-USDshort	+0.0032%	1h	1,771.3	+0.047%	$410K	$1.8M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.667%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,770.3	−0.007%	$282K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,770.3	−0.006%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,771.2	+0.043%	$244K	$672K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,771.2	+0.043%	$112.8M	$152.3M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,770.2	−0.014%	$4.5M	$20.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,771	+0.032%	$196K	$90K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,770.8	+0.021%	$724K	$550K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,770.7	+0.015%	$1.4M	$4.8M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,770.5	+0.002%	—	—	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0056%	1h	1,771.6	+0.068%	$438K	$2.4M	10x	as long as short
Nado SNDK-PERP	+0.0068%	1h	1,770.8	+0.021%	$309K	$1.3M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,771.1	+0.039%	$1K	—	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0083%	1h	1,771.6	+0.063%	$49K	$244K	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,770.8	+0.020%	$213K	$291K	10x	as long as short
KuCoin SNDKUSDTMlong	+0.0100%	8h	1,770.4	long leg	$6.0M	$22.8M	20x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,771	+0.032%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,770.9	+0.024%	$8K	$2K	20x	as long as short
edgeX SNDKUSDC	+0.0157%	4h	1,770.7	+0.015%	$562K	$355K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0386%	1h	1,772	+0.087%	$129K	$415K	20x	as long as short