Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%

Price spread now: Binance against RISEx−0.003%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$180.183% of the position

Long on RISEx Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.026%−$3 on $10k

Price spread, last 7 days+0.001%$0 · spread now −0.003%, 7d avg +0.012%

Together, before fees−0.025%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SNDK/USDC	1,760.9	0	get 0.0000% / 1h	54m 11s	$121K	$1.6M	20x
Short	Binance SNDKUSDT	1,760.8	0	get 0.0000% / 8h	1h 54m	$279.7M	$1.85B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against RISEx. 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 RISExbpFee BinancebpOrdersPrice spread, now −0.003%Rate

Funding earned: $0
Price spread: −0.003% → +0.012%: −$1.5
Slippage, 4 orders: −$2.33
Fee RISEx: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$19.84
Costs to cover: 0.183%
Break-even: never at this rate

Slippage from RISEx: live order book, 5 min ago; Binance: live order book, 5 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 RISEx live order book, 5 min ago	0.65 bp	3.6 bp −$4	5.2 bp −$52	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.03 bp	5.1 bp −$5	6.3 bp −$63	13.4 bp −$1,340	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	−0.0229%	8h	1,760.5	−0.020%	$47.2M	$165.4M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762.1	+0.067%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0018%	8h	1,761	+0.005%	$6.0M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,759.3	−0.089%	$1.3M	$10.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,761.7	+0.043%	$21.5M	$33.3M	20x	as long as short
Binance SNDKUSDTshort	0.0000%	8h	1,760.8	−0.003%	$279.7M	$1.85B	75x
Bybit SNDKUSDT	0.0000%	8h	1,761	+0.004%	$31.7M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,760.5	−0.022%	$82.1M	$832.7M	75x	as long as short
RISEx SNDK/USDClong	0.0000%	1h	1,760.9	long leg	$121K	$1.6M	20x
Gate SNDK_USDT	0.0000%	8h	1,760.4	−0.028%	$176.6M	$230.0M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,761.3	+0.024%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,763.4	+0.140%	$14K	$1.9M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,766.7	+0.330%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,760.7	−0.011%	$14K	$286K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,759.7	−0.067%	$1K	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.2	+0.020%	$51K	$350K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,760.6	−0.018%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,761.1	+0.011%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,764.1	+0.185%	$656	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0017%	1h	1,758.1	−0.157%	—	$581K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,760.8	−0.007%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,760.2	−0.038%	$489K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.219%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,762.1	+0.066%	$256K	$1.5M	10x	as long as short
Nado SNDK-PERP	+0.0045%	1h	1,760.7	−0.012%	$328K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,760	−0.051%	$242K	$675K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,760.4	−0.028%	$118.5M	$158.4M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,762.4	+0.086%	$4.7M	$19.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,759.6	−0.073%	$184K	$131K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,760.8	−0.008%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,759.9	−0.056%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,760.5	−0.022%	$1.4M	$5.1M	5x	as long as short
Lighter SNDK	+0.0056%	1h	1,761.8	+0.054%	$1.8M	$16.2M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,760.6	−0.015%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,760.2	−0.040%	$196K	$303K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,763.9	+0.171%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,760.7	−0.010%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,766.2	+0.302%	$432K	$2.3M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0401%	1h	1,760.7	−0.010%	$127K	$347K	20x	as long as short
edgeX SNDKUSDC	+0.0883%	4h	1,766	+0.288%	$561K	$351K	10x	as long as short