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: Gate against SunX−0.064%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$870.867% of the position

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.064%, 7d avg +0.032%

Together, before fees+0.152%+$15 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: Gate is 0.096% cheaper against SunX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNDK-USDT	1,761.6	0	get 0.0000% / 8h	2h 15m	$847	$3.5M	20x
Short	Gate SNDK_USDT	1,760.4	0	get 0.0000% / 8h	2h 15m	$175.8M	$231.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.064%Rate

Funding earned: $0
Price spread: −0.064% → +0.032%: −$9.55
Slippage, 4 orders: −$63.73
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$96.29
Costs to cover: 0.867%
Break-even: never at this rate

Slippage from SunX: live order book, 2 min ago; Gate: live order book, 3 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, 2 min ago	28.04 bp	32.0 bp −$32	61.1 bp −$611	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	0.88 bp	11.2 bp −$11	24.8 bp −$248	39.8 bp −$3,985	61.8 bp −$30.9K

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	−0.0336%	8h	1,760.5	−0.059%	$46.2M	$164.0M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,761.4	−0.009%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0035%	8h	1,760.5	−0.062%	$6.0M	$22.1M	20x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,760	−0.087%	$1.4M	$10.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,761.8	+0.014%	$21.5M	$33.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,760.2	−0.079%	$279.6M	$1.84B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,760.4	−0.066%	$31.8M	$103.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,760.2	−0.077%	$81.8M	$828.6M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,761.2	−0.021%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDTshort	0.0000%	8h	1,760.4	−0.064%	$175.8M	$231.3M	75x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,759.7	−0.104%	$2.5M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,763.2	+0.095%	$13K	$1.8M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,762.6	+0.060%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,760.3	−0.069%	$14K	$288K	10x	as long as short
SunX SNDK-USDTlong	0.0000%	8h	1,761.6	long leg	$847	$3.5M	20x
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,760.3	−0.073%	$51K	$347K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,759.4	−0.120%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,760.5	−0.061%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0005%	1h	1,762	+0.028%	$327K	$1.5M	10x	as long as short
edgeX SNDKUSDC	+0.0007%	4h	1,762.9	+0.074%	$560K	$353K	10x	as long as short
Vest SNDK-USD-PERP	+0.0008%	1h	1,759.4	−0.124%	—	$581K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,761.5	−0.003%	$749	$37K	5x	as long as short
Pacifica SNDK	+0.0024%	1h	1,760.3	−0.071%	$196K	$303K	10x	as long as short
Entropy io:SNDK	+0.0026%	1h	1,760.7	−0.048%	$4.7M	$19.8M	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,760.7	−0.051%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,760.5	−0.059%	$428K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.180%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,760.4	−0.066%	$262K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,760.3	−0.071%	$242K	$665K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,759.6	−0.111%	$118.5M	$157.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760.1	−0.082%	$184K	$131K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,760.8	−0.045%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,759.9	−0.092%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.1	−0.026%	$1.3M	$5.1M	5x	as long as short
Lighter SNDK	+0.0072%	1h	1,761.2	−0.019%	$1.7M	$16.3M	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,763.3	+0.098%	$435K	$2.3M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,760.2	−0.079%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,761.2	−0.019%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,760.3	−0.069%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,760.8	−0.043%	$127K	$347K	20x	as long as short