Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against SunX+0.063%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$790.791% of the position

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.219%+$22 on $10k

Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.063%, 7d avg +0.034%

Together, before fees+0.245%+$24 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: Bitget is 0.028% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNDK-USDT	1,786.4	0	get 0.0000% / 8h	5h 34m	$414	$3.6M	20x
Short	Bitget SNDKUSDT	1,787.5	0	get 0.0000% / 8h	5h 34m	$43.8M	$161.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now +0.063%Rate

Funding earned: $0
Price spread: +0.063% → +0.034%: $2.83
Slippage, 4 orders: −$59.06
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$76.22
Costs to cover: 0.791%
Break-even: never at this rate

Slippage from SunX: live order book, 4 min ago; Bitget: 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 SunX live order book, 4 min ago	28.07 bp	32.1 bp −$32	61.1 bp −$611	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	0.31 bp	7.4 bp −$7	11.5 bp −$115	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	1,787.1	+0.041%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,786.4	0.000%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0055%	1h	1,786.6	+0.011%	$4.9M	$20.2M	10x	as long as short
Nado SNDK-PERP	−0.0037%	1h	1,787.7	+0.072%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,787	+0.033%	$1.5M	$14.8M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,787.5	+0.063%	$21.8M	$37.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,788.4	+0.111%	$286.2M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,788.7	+0.126%	$32.1M	$99.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,788.4	+0.112%	$85.2M	$823.5M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,788	+0.090%	$170K	$1.8M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,788.2	+0.100%	$180.4M	$230.7M	75x	as long as short
Bitget SNDKUSDTshort	0.0000%	8h	1,787.5	+0.063%	$43.8M	$161.4M	75x
Variational Omni SNDK	0.0000%	8h	1,787.2	+0.046%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,787.3	+0.051%	$18K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,787.5	+0.060%	$14K	$291K	10x	as long as short
SunX SNDK-USDTlong	0.0000%	8h	1,786.4	long leg	$414	$3.6M	20x
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,787.4	+0.058%	$51K	$338K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786.8	+0.024%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,788.1	+0.095%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,787.3	+0.050%	$665	$38K	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.039%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,788.2	+0.100%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,788.5	+0.119%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,787.5	+0.062%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.759%	$36	$9K	12x	as long as short
tradeXYZ xyz:SNDK	+0.0036%	1h	1,788	+0.090%	$114.5M	$145.6M	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,785.7	−0.041%	$313K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,786.8	+0.023%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,787.5	+0.062%	$246K	$646K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,787.1	+0.039%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,787	+0.034%	$187K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,787.4	+0.054%	$731K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.6	+0.011%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,787.8	+0.076%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,787	+0.031%	$1K	—	10x	as long as short
KuCoin SNDKUSDTM	+0.0092%	8h	1,787.2	+0.047%	$6.1M	$21.7M	20x	as long as short
Pacifica SNDK	+0.0094%	1h	1,787.3	+0.051%	$199K	$292K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787.9	+0.082%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.5	+0.006%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0751%	4h	1,786.8	+0.025%	$567K	$352K	10x	as long as short