Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.031%

Price spread now: KuCoin against ApeX Omni+0.021%67s7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as 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−$500.496% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.054%−$5 on $10k

Price spread, last 4 days (all we have)+0.123%+$12 · spread now +0.021%, 7d avg −0.046%

Together, before fees+0.069%+$7 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: KuCoin is 0.066% dearer against ApeX Omni than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.046%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SNDKUSDT	1,785.3	0.0100	pay 0.0013% / 1h	14m 19s	$69K	$269K	50x
Short	KuCoin SNDKUSDTM	1,785.7	0.0100	get 0.0100% / 8h	6h 14m	$6.1M	$21.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against ApeX 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 ApeX OmnibpFee KuCoinbpOrdersPrice spread, now +0.021%Rate

Funding earned: $0
Price spread: +0.021% → −0.046%: $6.65
Slippage, 4 orders: −$27.59
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$42.94
Costs to cover: 0.496%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 53 min ago; KuCoin: live order book, 4 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 ApeX Omni live order book, 53 min ago	7.70 bp	12.7 bp −$13	35.8 bp −$358	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	0.42 bp	12.7 bp −$13	68.6 bp −$686	doesn't fit	doesn't fit

SNDK on 39 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
Deribit SNDK_USDC-PERPETUAL	−0.0186%	1h	1,786.7	+0.076%	$51K	$331K	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,785.5	+0.009%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0036%	1h	1,786	+0.037%	$4.9M	$20.5M	10x	as long as short
Nado SNDK-PERP	−0.0031%	1h	1,787.8	+0.139%	$360K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,786.4	+0.057%	$1.7M	$16.4M	10x	as long as short
tradeXYZ xyz:SNDK	−0.0014%	1h	1,786.9	+0.087%	$114.5M	$146.1M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.7	+0.076%	$21.8M	$36.8M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,786.8	+0.083%	$286.0M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,787.3	+0.110%	$32.1M	$99.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,787.1	+0.099%	$85.5M	$829.0M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,787	+0.091%	$181.0M	$232.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,786.7	+0.073%	$44.0M	$164.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,785.4	+0.001%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,784.3	−0.059%	$16K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786.9	+0.087%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,786	+0.039%	$723	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786.5	+0.063%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.6	+0.071%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,786.4	+0.057%	$665	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,787.9	+0.142%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,787.4	+0.114%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,787.2	+0.104%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.819%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.4	−0.052%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,786.3	+0.052%	—	$584K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0047%	8h	1,786.2	+0.049%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,786.6	+0.071%	$246K	$645K	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,786.3	+0.054%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,786.3	+0.053%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786	+0.037%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,786.4	+0.061%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,784.9	−0.024%	$436K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,786.5	+0.063%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTMshort	+0.0100%	8h	1,785.7	+0.021%	$6.1M	$21.6M	20x
ApeX Omni SNDKUSDTlong	+0.0100%	1h	1,785.3	long leg	$69K	$269K	50x
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.1	+0.041%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0131%	1h	1,787.4	+0.114%	$130K	$357K	20x	as long as short
edgeX SNDKUSDC	+0.0227%	4h	1,783.9	−0.082%	$567K	$353K	10x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,787.3	+0.111%	$170K	$1.8M	20x	as long as short