Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.040%

Price spread now: Arcus against Variational Omni+0.038%7-day average −0.073% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.024%−$2 on $10k

Price spread, last 7 days−0.031%−$3 · spread now +0.038%, 7d avg −0.073%

Together, before fees−0.056%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.111% dearer against Variational Omni than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SNDK	1,773	0	get 0.0000% / 8h	1h 28m	$2.6M	$4.7M	—
Short	Arcus SNDK-USD	1,773.7	0.0040	get 0.0005% / 1h	28m 54s	$284K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Variational Omni. 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 Variational OmnibpFee ArcusbpOrdersPrice spread, now +0.038%Rate

Funding earned: $8.46
Price spread: +0.038% → −0.073%: $11.11
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $15.07
Costs to cover: 0.045%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, just now; Arcus: live order book, 5 min ago. Net counts fees only.

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 Variational Omni RFQ quote, just now	2.40 bp	doesn't fit	6.5 bp −$65	doesn't fit	doesn't fit
Sell Arcus live order book, 5 min ago	0.59 bp	6.5 bp −$7	9.3 bp −$93	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	1,774.8	+0.100%	$4.1M	$4.5M	75x	as long as short
QFEX SNDK-USD	−0.0007%	1h	1,774.2	+0.068%	$2.2M	$21.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,775.2	+0.121%	$21.9M	$43.1M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,775	+0.110%	$286.2M	$1.89B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,775.5	+0.141%	$31.9M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,775.1	+0.118%	$87.7M	$843.1M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,775	+0.114%	$183.3M	$241.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,775.3	+0.127%	$49.6M	$169.9M	75x	as long as short
Variational Omni SNDKlong	0.0000%	8h	1,773	long leg	$2.6M	$4.7M	—
GRVT SNDK_USDT_Perp	0.0000%	8h	1,773.3	+0.014%	$21K	$1.0M	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	1,773.7	+0.039%	$276K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,774.6	+0.090%	$14K	$293K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,774.8	+0.102%	$763	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,774.9	+0.108%	$49K	$255K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,774.6	+0.092%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,774.9	+0.109%	$2.8M	$973K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0009%	1h	1,773.4	+0.021%	$717	$37K	5x	as long as short
Entropy io:SNDK	+0.0013%	1h	1,772.9	−0.006%	$4.5M	$20.5M	10x	as long as short
RISEx SNDK/USDC	+0.0015%	1h	1,775.2	+0.123%	$167K	$1.8M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,775.5	+0.143%	$1.5M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,775	+0.114%	$1.4M	$10.2M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,774.7	+0.095%	$410K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.520%	$36	$15K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,773.7	+0.038%	$284K	$1.7M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,773.6	+0.034%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,774.6	+0.090%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,774.7	+0.096%	$113.1M	$151.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,774.3	+0.073%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,774.1	+0.059%	$725K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,773.7	+0.040%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,772.7	−0.017%	$1.4M	$4.9M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0056%	1h	1,774.3	+0.074%	$441K	$2.4M	10x	as long as short
Nado SNDK-PERP	+0.0073%	1h	1,773.7	+0.038%	$325K	$1.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,774.4	+0.079%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,773.9	+0.051%	$213K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,774.1	+0.064%	$6.0M	$22.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,772.9	−0.007%	$68K	$268K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,774.1	+0.061%	$8K	$2K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0385%	1h	1,775.4	+0.132%	$129K	$415K	20x	as long as short
edgeX SNDKUSDC	+0.0581%	4h	1,773.2	+0.010%	$563K	$355K	10x	as long as short