Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.021%

Price spread now: Binance against Pacifica+0.005%48s7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as 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−$230.229% of the position

Long on Pacifica Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.103%+$10 on $10k

Price spread, last 2 days (all we have)−0.016%−$2 · spread now +0.005%, 7d avg +0.001%

Together, before fees+0.087%+ Points / potential airdropPacifica: Active · farm board+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.103%, so the current rate has only just turned against you. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SNDK	1,787.2	0.0100	pay 0.0013% / 1h	22m 52s	$199K	$292K	10x
Short	Binance SNDKUSDT	1,787.3	0	get 0.0000% / 8h	6h 22m	$286.3M	$1.82B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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 PacificabpFee BinancebpOrdersPrice spread, now +0.005%Rate

Funding earned: −$21
Price spread: +0.005% → +0.001%: $0.47
Slippage, 4 orders: −$4.87
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$43.4
Costs to cover: 0.229%
Break-even: never at this rate

Slippage from Pacifica: live order book, 45 min ago; Binance: live order book, 6 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 Pacifica live order book, 45 min ago	0.28 bp	7.0 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.03 bp	5.6 bp −$6	6.5 bp −$65	15.8 bp −$1,580	doesn't fit

SNDK on 39 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
Deribit SNDK_USDC-PERPETUAL	−0.0142%	1h	1,786.9	−0.018%	$51K	$331K	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,787.5	+0.018%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0028%	1h	1,787.1	−0.004%	$4.9M	$20.4M	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,786.7	−0.027%	$1.7M	$16.7M	10x	as long as short
Nado SNDK-PERP	−0.0015%	1h	1,788.6	+0.078%	$361K	$1.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,787	−0.010%	$21.8M	$37.9M	20x	as long as short
Binance SNDKUSDTshort	0.0000%	8h	1,787.3	+0.005%	$286.3M	$1.82B	75x
Bybit SNDKUSDT	0.0000%	8h	1,787.8	+0.035%	$32.1M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,787.7	+0.030%	$85.7M	$830.0M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,787.4	+0.011%	$180.9M	$232.2M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,786.9	−0.018%	$44.1M	$164.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,788	+0.046%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,787.1	−0.002%	$13K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786.9	−0.015%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,786	−0.067%	$720	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786.8	−0.024%	$1.5M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.4	−0.046%	$2.8M	$1.1M	50x	as long as short
tradeXYZ xyz:SNDK	+0.0002%	1h	1,786.8	−0.021%	$114.5M	$145.9M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,787.3	+0.009%	$665	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,788.1	+0.050%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,787.5	+0.021%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,787.8	+0.033%	$476K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.716%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,786.3	−0.052%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,786.7	−0.026%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,786.8	−0.021%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,786.9	−0.013%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,786.4	−0.043%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,787	−0.011%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787.5	+0.018%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,786.5	−0.039%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,783.4	−0.209%	$437K	$2.3M	10x	as long as short
Pacifica SNDKlong	+0.0100%	1h	1,787.2	long leg	$199K	$292K	10x
KuCoin SNDKUSDTM	+0.0100%	8h	1,786.1	−0.061%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787.7	+0.028%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.3	−0.047%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0131%	1h	1,787.3	+0.009%	$130K	$357K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,787.8	+0.036%	$171K	$1.8M	20x	as long as short
edgeX SNDKUSDC	+0.0627%	4h	1,787.3	+0.008%	$568K	$351K	10x	as long as short