Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.003%

Price spread now: tradeXYZ against Bitget−0.003%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$330.329% of the position

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.124%−$12 on $10k

Price spread, last 7 days−0.064%−$6 · spread now −0.003%, 7d avg −0.053%

Together, before fees−0.188%+ Points / potential airdroptradeXYZ: Active · farm board−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.050% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 7 days funding on this pair cost −0.124%, 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	Bitget SNDKUSDT	1,773	0	get 0.0000% / 8h	3h 37m	$43.7M	$162.5M	75x
Short	tradeXYZ xyz:SNDK	1,772.9	0.0050	get 0.0006% / 1h	37m 41s	$117.0M	$151.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Bitget. 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 BitgetbpFee tradeXYZbpOrdersPrice spread, now −0.003%Rate

Funding earned: $10.5
Price spread: −0.003% → −0.053%: $4.98
Slippage, 4 orders: −$2.85
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$17.37
Costs to cover: 0.329%
Break-even: 18.6 days

Slippage from Bitget: live order book, 1 min ago; tradeXYZ: live order book, 12 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 Bitget live order book, 1 min ago	0.22 bp	6.8 bp −$7	9.7 bp −$97	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 12 min ago	0.28 bp	9.3 bp −$9	9.9 bp −$99	13.6 bp −$1,364	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	1,773.6	+0.034%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0092%	1h	1,774.7	+0.099%	$4.8M	$19.8M	10x	as long as short
KuCoin SNDKUSDTM	−0.0045%	8h	1,773.2	+0.015%	$6.1M	$22.1M	20x	as long as short
Nado SNDK-PERP	−0.0045%	1h	1,774.5	+0.087%	$345K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,773	+0.001%	$1.4M	$12.2M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,775.7	+0.152%	$432K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,773.7	+0.044%	$21.6M	$32.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,773	+0.005%	$281.5M	$1.81B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,773.4	+0.023%	$32.1M	$101.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,773.4	+0.025%	$82.6M	$824.4M	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	1,774.2	+0.070%	$169K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,772.9	−0.003%	$178.2M	$229.6M	75x	as long as short
Bitget SNDKUSDTlong	0.0000%	8h	1,773	long leg	$43.7M	$162.5M	75x
Variational Omni SNDK	0.0000%	8h	1,777.2	+0.238%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,777.2	+0.238%	$14K	$1.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.2	+0.296%	$277K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,774.1	+0.064%	$13K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,772	−0.056%	$822	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,773.9	+0.055%	$51K	$346K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,772.6	−0.020%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,773.6	+0.037%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0006%	1h	1,778.4	+0.305%	$662	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,773.4	+0.024%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,773.1	+0.006%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,773	+0.001%	$435K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.523%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,775.8	+0.161%	$265K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,771.7	−0.073%	—	$580K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,773.6	+0.037%	$244K	$651K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,772.8	−0.006%	—	—	5x	as long as short
tradeXYZ xyz:SNDKshort	+0.0050%	1h	1,772.9	−0.003%	$117.0M	$151.2M	10x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,773.2	+0.014%	$186K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,773.9	+0.055%	$725K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,774	+0.059%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,773.6	+0.034%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,773	+0.001%	$197K	$288K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,780.5	+0.428%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,773.5	+0.029%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,774	+0.060%	$129K	$352K	20x	as long as short
edgeX SNDKUSDC	+0.0813%	4h	1,778.6	+0.317%	$565K	$351K	10x	as long as short