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: Variational Omni against Pacifica+0.075%7-day average +0.028% · you sell dearer than you buy

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

Long on Pacifica Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.048%+$5 on $10k

Price spread, last 4 days (all we have)+0.250%+$25 · spread now +0.075%, 7d avg +0.028%

Together, before fees+0.298%+ Points / potential airdropPacifica: Active · Variational Omni: Active · farm board+$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.046% dearer against Pacifica than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of +0.028%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 37 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SNDK	1,759.8	0.0100	pay 0.0013% / 1h	57m 09s	$197K	$307K	10x
Short	Variational Omni SNDK	1,761.1	0	get 0.0000% / 8h	7h 57m	$2.5M	$4.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.075%Rate

Funding earned: −$21
Price spread: +0.075% → +0.028%: $4.63
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$24.37
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 41 min ago; Variational Omni: RFQ quote, 2 min ago. 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 Pacifica live order book, 41 min ago	0.28 bp	5.3 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.41 bp	doesn't fit	5.0 bp −$50	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
Entropy io:SNDK	−0.0629%	1h	1,760.6	+0.045%	$4.7M	$19.6M	10x	as long as short
GRVT SNDK_USDT_Perp	−0.0598%	8h	1,760.3	+0.028%	$19K	$2.1M	10x	as long as short
Bitget SNDKUSDT	−0.0237%	8h	1,760.9	+0.060%	$49.9M	$165.9M	75x	as long as short
Nado SNDK-PERP	−0.0152%	1h	1,759.9	+0.004%	$329K	$1.5M	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,761.5	+0.095%	$4.0M	$4.6M	75x	as long as short
Popdex SNDKUSDT	−0.0016%	1h	1,761.4	+0.090%	$242K	$642K	20x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,761.2	+0.078%	$1.4M	$9.8M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,761	+0.068%	$21.5M	$32.8M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,761.3	+0.085%	$279.8M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,761.2	+0.081%	$31.8M	$103.3M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,760.7	+0.050%	$82.2M	$830.8M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,762.4	+0.148%	$120K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,760.8	+0.057%	$179.3M	$215.7M	75x	as long as short
Variational Omni SNDKshort	0.0000%	8h	1,761.1	+0.075%	$2.5M	$4.8M	—
Phoenix SNDK	0.0000%	1h	1,761.2	+0.079%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,761.3	+0.085%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,760.3	+0.028%	$845	$3.4M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761	+0.066%	$52K	$379K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,760.6	+0.043%	$1.4M	$10.5M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,761.2	+0.077%	$2.8M	$1.1M	50x	as long as short
KuCoin SNDKUSDTM	+0.0004%	8h	1,760.1	+0.014%	$6.1M	$22.6M	20x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,758.8	−0.055%	—	$574K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0017%	1h	1,761.2	+0.081%	$673	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,761.5	+0.097%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,760.7	+0.049%	$1.3M	$9.3M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761	+0.068%	$462K	$2.1M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.281%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,760.1	+0.018%	$257K	$1.5M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0047%	8h	1,760	+0.011%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,760.9	+0.062%	$119.8M	$158.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760.7	+0.050%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,760.2	+0.024%	$720K	$522K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.9	+0.119%	$1.4M	$5.3M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,760.8	+0.057%	$1K	—	10x	as long as short
Pacifica SNDKlong	+0.0100%	1h	1,759.8	long leg	$197K	$307K	10x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,761.2	+0.077%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,760.6	+0.043%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,758.6	−0.071%	$427K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0284%	1h	1,761.3	+0.083%	$128K	$348K	20x	as long as short
edgeX SNDKUSDC	+0.0922%	4h	1,760.7	+0.050%	$559K	$349K	10x	as long as short