Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.024%

Price spread now: Pacifica against OKX+0.071%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$250.254% of the position

Long on OKX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.071%, 7d avg +0.002%

Together, before fees−0.077%+ Points / potential airdropPacifica: Active · farm board−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.068% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SNDK-USDT-SWAP	1,758.2	0	get 0.0000% / 8h	7h 00m	$82.2M	$825.7M	75x
Short	Pacifica SNDK	1,759.4	0.0100	get 0.0013% / 1h	0m 54s	$197K	$307K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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 OKXbpFee PacificabpOrdersPrice spread, now +0.071%Rate

Funding earned: $21
Price spread: +0.071% → +0.002%: $6.85
Slippage, 4 orders: −$7.42
Fee OKX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $2.43
Costs to cover: 0.254%
Break-even: 6.2 days

Slippage from OKX: live order book, 3 min ago; Pacifica: live order book, 32 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 OKX live order book, 3 min ago	0.28 bp	5.8 bp −$6	6.7 bp −$67	11.8 bp −$1,181	doesn't fit
Sell Pacifica live order book, 32 min ago	0.86 bp	8.1 bp −$8	doesn't fit	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
Bitget SNDKUSDT	−0.0142%	8h	1,757.9	−0.016%	$49.5M	$168.1M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,758.3	+0.007%	$3.9M	$4.6M	75x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,759.7	+0.084%	$1.4M	$9.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,758.6	+0.022%	$21.4M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,758.1	−0.005%	$279.3M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,758.3	+0.007%	$31.8M	$105.1M	100x	as long as short
OKX SNDK-USDT-SWAPlong	0.0000%	8h	1,758.2	long leg	$82.2M	$825.7M	75x
RISEx SNDK/USDC	0.0000%	1h	1,759	+0.044%	$136K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,758.4	+0.013%	$180.2M	$222.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.4	+0.011%	$2.5M	$4.8M	—	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	1,758.7	+0.031%	$21K	$2.3M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,757.5	−0.040%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,759.4	+0.068%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,759.9	+0.094%	$987	$3.2M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,759.5	+0.076%	$51K	$358K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,758	−0.010%	$1.4M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,758.9	+0.041%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0013%	1h	1,759	+0.044%	$336K	$1.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,758.2	−0.002%	$672	$38K	5x	as long as short
KuCoin SNDKUSDTM	+0.0017%	8h	1,758.2	−0.002%	$6.0M	$22.6M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,759.8	+0.090%	$1.7M	$16.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,759	+0.045%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,757.2	−0.056%	$390K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.375%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.9	+0.042%	$270K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0040%	1h	1,759.2	+0.059%	—	$573K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,760.1	+0.108%	$242K	$666K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,758.2	0.000%	$119.3M	$159.3M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,758.6	+0.023%	$4.5M	$19.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,759.4	+0.068%	$186K	$130K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,757.6	−0.034%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,759	+0.048%	—	—	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,759.1	+0.048%	$1K	—	10x	as long as short
Pacifica SNDKshort	+0.0100%	1h	1,759.4	+0.071%	$197K	$307K	10x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.6	+0.081%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,759	+0.048%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,758.7	+0.029%	$440K	$2.1M	10x	as long as short
SoDEX SNDK-USD	+0.0138%	1h	1,759.2	+0.057%	$719K	$515K	10x	as long as short
edgeX SNDKUSDC	+0.0256%	4h	1,759.1	+0.049%	$559K	$349K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0284%	1h	1,760.1	+0.109%	$128K	$336K	20x	as long as short