Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.002%

Price spread now: Arcus against Binance−0.029%7-day average −0.089% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$260.262% of the position

Long on Binance Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.019%−$2 on $10k

Price spread, last 7 days+0.005%$0 · spread now −0.029%, 7d avg −0.089%

Together, before fees−0.015%−$1 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 0.060% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.089%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SNDKUSDT	1,789.1	0	get 0.0000% / 8h	4h 37m	$287.1M	$1.80B	75x
Short	Arcus SNDK-USD	1,788.6	0.0040	get 0.0005% / 1h	37m 29s	$273K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Binance. 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 BinancebpFee ArcusbpOrdersPrice spread, now −0.029%Rate

Funding earned: $8.46
Price spread: −0.029% → −0.089%: $6.04
Slippage, 4 orders: −$11.66
Fee Binance: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$11.65
Costs to cover: 0.262%
Break-even: 16.6 days

Slippage from Binance: live order book, 7 min ago; Arcus: live order book, 1 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 Binance live order book, 7 min ago	0.03 bp	5.3 bp −$5	6.6 bp −$66	12.2 bp −$1,216	doesn't fit
Sell Arcus live order book, 1 min ago	1.04 bp	9.3 bp −$9	12.5 bp −$125	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	1,789.4	+0.016%	$4.1M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0106%	1h	1,789.2	+0.007%	$4.9M	$19.9M	10x	as long as short
Nado SNDK-PERP	−0.0106%	1h	1,790.4	+0.077%	$311K	$1.5M	10x	as long as short
Phoenix SNDK	−0.0089%	1h	1,789.4	+0.018%	$279K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,789	−0.002%	$1.5M	$13.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.189%	$439K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.4	+0.019%	$21.8M	$37.1M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,789.1	long leg	$287.1M	$1.80B	75x
Bybit SNDKUSDT	0.0000%	8h	1,789.6	+0.026%	$32.6M	$100.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,788.7	−0.021%	$84.8M	$826.1M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,790.5	+0.081%	$170K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.5	+0.024%	$180.1M	$230.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,788.8	−0.017%	$43.8M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.7	+0.037%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790	+0.053%	$20K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,788.8	−0.015%	$15K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.1	−0.057%	$781	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.2	+0.007%	$51K	$344K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.6	−0.029%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789	−0.005%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,789.5	+0.025%	$666	$38K	5x	as long as short
KuCoin SNDKUSDTM	+0.0013%	8h	1,788.1	−0.055%	$6.1M	$22.3M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.7	+0.088%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.3	+0.068%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.6	+0.031%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.608%	$36	$9K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,788.6	−0.029%	$273K	$1.4M	10x
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,789.5	+0.026%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,788.9	−0.009%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.2	+0.007%	$246K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789.6	+0.029%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,789.1	+0.001%	$115.2M	$146.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,788.4	−0.038%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789	−0.004%	$731K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.1	+0.001%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.7	−0.020%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,789.6	+0.031%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.4	+0.020%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.1	−0.056%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0610%	4h	1,789	−0.004%	$568K	$352K	10x	as long as short