Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.015%

Price spread now: Pacifica against SunX+0.155%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$780.780% of the position

Long on SunX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 3 days (all we have)−0.093%−$9 · spread now +0.155%, 7d avg +0.032%

Together, before fees+0.013%+ Points / potential airdropPacifica: Active · farm board+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.123% dearer against SunX than usual: you sell high and buy low: +$12 more if the spread 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	1,787.1	0	get 0.0000% / 8h	7h 08m	$1K	$3.7M	20x
Short	Pacifica SNDK	1,789.9	0.0100	get 0.0013% / 1h	8m 40s	$199K	$292K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.155%Rate

Funding earned: $21
Price spread: +0.155% → +0.032%: $12.33
Slippage, 4 orders: −$62
Fee SunX: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$44.66
Costs to cover: 0.780%
Break-even: 21.9 days

Slippage from SunX: live order book, 9 min ago; Pacifica: live order book, 65 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, 9 min ago	28.08 bp	32.1 bp −$32	61.1 bp −$611	doesn't fit	doesn't fit
Sell Pacifica live order book, 65 min ago	0.56 bp	7.8 bp −$8	doesn't fit	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	1,788.9	+0.097%	$4.1M	$4.5M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0057%	1h	1,788.6	+0.083%	$51K	$326K	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.6	+0.137%	$21.8M	$42.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.7	+0.141%	$287.0M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790.4	+0.180%	$32.0M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,790.3	+0.177%	$86.8M	$832.9M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.7	+0.146%	$182.2M	$235.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,790.2	+0.169%	$47.9M	$164.3M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,788.4	+0.071%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.6	+0.138%	$21K	$1.1M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,788.7	+0.088%	$279K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,788.4	+0.072%	$14K	$290K	10x	as long as short
SunX SNDK-USDTlong	0.0000%	8h	1,787.1	long leg	$1K	$3.7M	20x
HTX SNDK-USDT	0.0000%	8h	1,788.1	+0.053%	$1.5M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789	+0.105%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,788.4	+0.069%	$1.9M	$18.7M	10x	as long as short
Nado SNDK-PERP	+0.0002%	1h	1,790	+0.160%	$347K	$1.4M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,791	+0.219%	$171K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0007%	1h	1,789.9	+0.155%	$784	$37K	5x	as long as short
edgeX SNDKUSDC	+0.0017%	4h	1,788	+0.051%	$568K	$353K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,791.3	+0.234%	$1.7M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.4	+0.185%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,790	+0.158%	$450K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.718%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.6	+0.084%	$305K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,788.5	+0.074%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,788.6	+0.082%	$246K	$648K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,790.1	+0.164%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,790.1	+0.166%	$114.9M	$146.3M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,789.1	+0.110%	$4.8M	$20.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,788.1	+0.054%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,788.7	+0.086%	$731K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,790.2	+0.172%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788	+0.051%	$1K	—	10x	as long as short
Pacifica SNDKshort	+0.0100%	1h	1,789.9	+0.155%	$199K	$292K	10x
KuCoin SNDKUSDTM	+0.0100%	8h	1,789.1	+0.112%	$6.1M	$21.9M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,788.9	+0.097%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,787.6	+0.026%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,792.4	+0.294%	$442K	$2.3M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0660%	1h	1,789.1	+0.109%	$130K	$367K	20x	as long as short