Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against SunX+0.014%46s7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as 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−$780.778% of the position

Long on SunX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.159%+$16 on $10k

Price spread, last 4 days (all we have)+0.134%+$13 · spread now +0.014%, 7d avg +0.031%

Together, before fees+0.293%+ Points / potential airdropGRVT: Active · farm board+$29 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNDK-USDT	1,758.5	0	get 0.0000% / 8h	7h 01m	$883	$3.2M	20x
Short	GRVT SNDK_USDT_Perp	1,758.7	0	get 0.0000% / 8h	7h 01m	$21K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → +0.031%: −$1.75
Slippage, 4 orders: −$60.77
Fee SunX: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$79.51
Costs to cover: 0.778%
Break-even: never at this rate

Slippage from SunX: live order book, 6 min ago; GRVT: live order book, 7 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, 6 min ago	28.07 bp	32.1 bp −$32	61.1 bp −$611	doesn't fit	doesn't fit
Sell GRVT live order book, 7 min ago	0.77 bp	5.9 bp −$6	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
Bitget SNDKUSDT	−0.0142%	8h	1,759.8	+0.074%	$49.5M	$168.1M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,758.4	−0.006%	$3.9M	$4.6M	75x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,759.7	+0.067%	$1.4M	$9.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,759.4	+0.052%	$21.4M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,759.5	+0.057%	$279.5M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,760.1	+0.092%	$31.9M	$105.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,759.4	+0.051%	$82.2M	$826.2M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,759	+0.027%	$136K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,759.8	+0.074%	$180.3M	$222.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.4	−0.006%	$2.5M	$4.8M	—	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	1,758.7	+0.014%	$21K	$2.3M	10x
Phoenix SNDK	0.0000%	1h	1,757.5	−0.057%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,759.4	+0.051%	$13K	$291K	10x	as long as short
SunX SNDK-USDTlong	0.0000%	8h	1,758.5	long leg	$883	$3.2M	20x
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,758.2	−0.015%	$51K	$356K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,757.3	−0.069%	$1.4M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,758.1	−0.020%	$2.8M	$1.1M	50x	as long as short
KuCoin SNDKUSDTM	+0.0013%	8h	1,758.2	−0.016%	$6.0M	$22.6M	20x	as long as short
Nado SNDK-PERP	+0.0013%	1h	1,759	+0.027%	$336K	$1.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,757.8	−0.037%	$672	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,760.4	+0.106%	$1.7M	$16.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,759.7	+0.067%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,756.5	−0.114%	$389K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.358%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.9	+0.025%	$270K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0040%	1h	1,759.2	+0.042%	—	$573K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,760.1	+0.091%	$242K	$666K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,759.9	+0.080%	$119.4M	$159.3M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,758.6	+0.006%	$4.5M	$19.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,759.4	+0.051%	$186K	$130K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,757.6	−0.051%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,759	+0.031%	—	—	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,757.9	−0.036%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,759.4	+0.054%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.6	+0.064%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,757.2	−0.076%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,758.7	+0.012%	$440K	$2.1M	10x	as long as short
SoDEX SNDK-USD	+0.0139%	1h	1,757.7	−0.046%	$719K	$515K	10x	as long as short
edgeX SNDKUSDC	+0.0256%	4h	1,759.1	+0.032%	$559K	$349K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0284%	1h	1,758.5	−0.002%	$128K	$336K	20x	as long as short