Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.022%

Price spread now: GRVT against RISEx−0.123%7-day average −0.029% · 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−$30as in the Price arb table

costs, in and out, $10k−$210.210% of the position

Long on RISEx Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.019%−$2 on $10k

Price spread, last 3 days (all we have)+0.122%+$12 · spread now −0.123%, 7d avg −0.029%

Together, before fees+0.102%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.094% cheaper against RISEx than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SNDK/USDC	1,784.5	0.0004	pay 0.0000% / 1h	51m 00s	$174K	$1.8M	20x
Short	GRVT SNDK_USDT_Perp	1,782.4	0	get 0.0000% / 8h	7h 51m	$9K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.123%Rate

Funding earned: −$0.84
Price spread: −0.123% → −0.029%: −$9.36
Slippage, 4 orders: −$6.01
Fee RISEx: 3 bp × 2 orders: −$6
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$31.21
Costs to cover: 0.210%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 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 RISEx live order book, 3 min ago	1.43 bp	4.4 bp −$4	5.9 bp −$59	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	1.12 bp	5.8 bp −$6	7.9 bp −$79	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	1,783.9	−0.036%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,783.8	−0.040%	$21.9M	$46.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,783.5	−0.059%	$285.6M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,784.4	−0.010%	$32.2M	$100.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,784.1	−0.025%	$86.4M	$836.5M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,783.9	−0.037%	$182.7M	$232.6M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,784.1	−0.025%	$48.2M	$169.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	−0.025%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perpshort	0.0000%	8h	1,782.4	−0.123%	$9K	$1.1M	10x
Phoenix SNDK	0.0000%	1h	1,782.8	−0.097%	$278K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNDK-USDT	0.0000%	8h	1,783.3	−0.068%	$603	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,784.2	−0.017%	$50K	$310K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,783.7	−0.050%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,783.9	−0.037%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,783.8	−0.044%	$2.2M	$20.8M	10x	as long as short
RISEx SNDK/USDClong	+0.0004%	1h	1,784.5	long leg	$174K	$1.8M	20x
Aftermath Perps SNDKUSD	+0.0012%	1h	1,780.7	−0.212%	$789	$37K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,784.5	−0.002%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,784.5	−0.002%	$419K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.864%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,784.8	+0.012%	$1.6M	$16.0M	20x	as long as short
Nado SNDK-PERP	+0.0040%	1h	1,784.4	−0.009%	$354K	$1.4M	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,780.7	−0.218%	$285K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,783.8	−0.043%	—	$675K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,784.3	−0.013%	$246K	$660K	20x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,781.4	−0.176%	$4.7M	$19.9M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,784.5	−0.003%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,783.4	−0.064%	$1.4M	$4.9M	5x	as long as short
Polymarket Perps SNDK-USD	+0.0053%	1h	1,784.2	−0.019%	$186K	$139K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,783.7	−0.047%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,784.4	−0.008%	$212K	$279K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,783.5	−0.060%	$6.1M	$22.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.4	−0.066%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,782.9	−0.090%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,784.7	+0.007%	$442K	$2.4M	10x	as long as short
Bullet SNDK-USD	+0.0220%	1h	1,784.4	−0.007%	$13K	$290K	10x	as long as short
tradeXYZ xyz:SNDK	+0.0249%	1h	1,784.1	−0.025%	$114.6M	$149.8M	10x	as long as short
SoDEX SNDK-USD	+0.0488%	1h	1,783.8	−0.043%	$729K	$527K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0662%	1h	1,784.6	+0.005%	$130K	$399K	20x	as long as short
edgeX SNDKUSDC	+0.0902%	4h	1,781.7	−0.158%	$566K	$354K	10x	as long as short