Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.019%

Price spread now: GRVT against Polymarket Perps+0.017%63s7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$11as 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−$250.247% of the position

Long on Polymarket Perps Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.135%+$14 on $10k

Price spread, last 3 days (all we have)+0.071%+$7 · spread now +0.017%, 7d avg +0.034%

Together, before fees+0.206%+ Points / potential airdropGRVT: Active · farm board+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.135%, so the current rate has only just turned against you. The two prices were read 63 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	Polymarket Perps SNDK-USD	1,778.5	0.0050	pay 0.0006% / 1h	25m 52s	$205K	$123K	10x
Short	GRVT SNDK_USDT_Perp	1,778.8	0	get 0.0000% / 8h	25m 52s	$12K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Polymarket Perps. 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 Polymarket PerpsbpFee GRVTbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$10.5
Price spread: +0.017% → +0.034%: −$1.66
Slippage, 4 orders: −$7.7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$36.86
Costs to cover: 0.247%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 51 min ago; GRVT: live order book, 2 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 Polymarket Perps live order book, 51 min ago	1.41 bp	5.4 bp −$5	6.5 bp −$65	8.4 bp −$839	doesn't fit
Sell GRVT live order book, 2 min ago	1.21 bp	6.5 bp −$7	8.1 bp −$81	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	1,778.1	−0.021%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0073%	1h	1,777.6	−0.051%	$4.5M	$20.6M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,778	−0.031%	$2.2M	$21.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,778.7	+0.012%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,778.3	−0.010%	$284.0M	$1.89B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,778.4	−0.005%	$31.7M	$105.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,778.8	+0.017%	$87.3M	$846.1M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,778.4	−0.006%	$183.8M	$239.6M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,778.5	+0.002%	$49.6M	$170.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,778.4	−0.006%	$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_Perpshort	0.0000%	8h	1,778.8	+0.017%	$12K	$1.0M	10x
Phoenix SNDK	0.0000%	1h	1,778.3	−0.011%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,778.5	+0.002%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,777.4	−0.063%	$677	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,778.6	+0.004%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,778.6	+0.007%	$2.8M	$1.0M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,778.4	−0.007%	$702	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,779.4	+0.052%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,778.5	−0.002%	$1.3M	$10.0M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,777.8	−0.039%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.207%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,777.9	−0.034%	$286K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,777.7	−0.043%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,778.5	0.000%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,778.3	−0.011%	$113.4M	$151.9M	10x	as long as short
Polymarket Perps SNDK-USDlong	+0.0050%	1h	1,778.5	long leg	$205K	$123K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,778	−0.029%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778	−0.029%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778.3	−0.011%	$1.4M	$4.9M	5x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0065%	1h	1,778.6	+0.005%	$50K	$299K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778.3	−0.013%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,778.6	+0.003%	$441K	$2.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,778.2	−0.017%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,777.8	−0.040%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,778.9	+0.020%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,777.4	−0.060%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0136%	1h	1,779.2	+0.039%	$1.6M	$16.3M	20x	as long as short
Nado SNDK-PERP	+0.0165%	1h	1,778.3	−0.010%	$360K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,779.1	+0.033%	$129K	$406K	20x	as long as short
edgeX SNDKUSDC	+0.0778%	4h	1,778.5	−0.001%	$565K	$353K	10x	as long as short