Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.020%

Price spread now: Polymarket Perps against Binance−0.002%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$210.210% of the position

Long on Binance Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.185%−$18 on $10k

Price spread, last 2 days (all we have)−0.047%−$5 · spread now −0.002%, 7d avg −0.021%

Together, before fees−0.231%−$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.185%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SNDKUSDT	1,788.1	0	get 0.0000% / 8h	7h 48m	$286.4M	$1.86B	75x
Short	Polymarket Perps SNDK-USD	1,788.1	0.0050	get 0.0006% / 1h	48m 05s	$187K	$135K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.002%Rate

Funding earned: $10.5
Price spread: −0.002% → −0.021%: $1.89
Slippage, 4 orders: −$2.95
Fee Binance: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$8.57
Costs to cover: 0.210%
Break-even: 12.7 days

Slippage from Binance: live order book, 11 min ago; Polymarket Perps: live order book, 24 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, 11 min ago	0.03 bp	5.8 bp −$6	7.5 bp −$75	15.3 bp −$1,535	doesn't fit
Sell Polymarket Perps live order book, 24 min ago	0.28 bp	4.9 bp −$5	5.5 bp −$55	8.1 bp −$810	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	1,786.4	−0.097%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,787.2	−0.050%	$21.8M	$46.6M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,788.1	long leg	$286.4M	$1.86B	75x
Bybit SNDKUSDT	0.0000%	8h	1,789	+0.047%	$32.3M	$100.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,788.9	+0.043%	$86.8M	$837.6M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,788.2	+0.003%	$182.9M	$232.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,788.4	+0.013%	$48.4M	$168.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	−0.226%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,782.4	−0.324%	$9K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,782.8	−0.298%	$278K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNDK-USDT	0.0000%	8h	1,786.8	−0.072%	$758	$3.8M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.1	+0.053%	$50K	$311K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,787.7	−0.026%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,788.2	+0.006%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,787.7	−0.024%	$2.2M	$20.8M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,787.7	−0.024%	$175K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,783.1	−0.280%	$821	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,789.3	+0.067%	$1.6M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,788.9	+0.040%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,788.8	+0.037%	$424K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.661%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783.6	−0.256%	$299K	$1.6M	10x	as long as short
Nado SNDK-PERP	+0.0041%	1h	1,788.4	+0.013%	$355K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,787.9	−0.015%	—	$674K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,787.5	−0.036%	$247K	$654K	20x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,783.8	−0.242%	$4.7M	$20.0M	10x	as long as short
Polymarket Perps SNDK-USDshort	+0.0050%	1h	1,788.1	−0.002%	$187K	$135K	10x
Paradex SNDK-USD-PERP	+0.0050%	8h	1,788.3	+0.007%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.2	−0.108%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.1	−0.003%	$1K	—	10x	as long as short
Bullet SNDK-USD	+0.0089%	1h	1,788.3	+0.006%	$14K	$291K	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,787.4	−0.041%	$199K	$293K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,787.4	−0.041%	$6.1M	$22.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.5	−0.259%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.7	−0.081%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,784.7	−0.194%	$442K	$2.3M	10x	as long as short
tradeXYZ xyz:SNDK	+0.0138%	1h	1,788.9	+0.043%	$115.0M	$150.1M	10x	as long as short
SoDEX SNDK-USD	+0.0629%	1h	1,787.1	−0.061%	$730K	$521K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0660%	1h	1,788.8	+0.039%	$130K	$389K	20x	as long as short
edgeX SNDKUSDC	+0.0902%	4h	1,781.7	−0.359%	$566K	$354K	10x	as long as short