Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Extended against Gate−0.063%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.092%+$9 on $10k

Price spread, last 7 days+0.019%+$2 · spread now −0.063%, 7d avg −0.036%

Together, before fees+0.111%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.027% cheaper against Gate than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.036%). If the spread goes back, that is −$3 on $10k: about 2.8 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,758.8	0	get 0.0000% / 8h	56m 01s	$177.1M	$227.9M	75x
Short	Extended SNDK_24_5-USD	1,757.7	0.0032	get 0.0004% / 1h	56m 01s	$490K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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 GatebpFee ExtendedbpOrdersPrice spread, now −0.063%Rate

Funding earned: $6.72
Price spread: −0.063% → −0.036%: −$2.69
Slippage, 4 orders: −$12.81
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$28.78
Costs to cover: 0.328%
Break-even: 37.0 days

Slippage from Gate: live order book, 3 min ago; Extended: live order book, 3 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 Gate live order book, 3 min ago	0.46 bp	10.9 bp −$11	23.8 bp −$238	39.3 bp −$3,926	60.6 bp −$30.3K
Sell Extended live order book, 3 min ago	2.13 bp	4.9 bp −$5	10.9 bp −$109	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
Bitget SNDKUSDT	−0.0298%	8h	1,758.8	+0.002%	$48.3M	$167.4M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0131%	1h	1,758.4	−0.019%	$51K	$351K	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,758.3	−0.027%	$3.9M	$4.6M	75x	as long as short
Nado SNDK-PERP	−0.0074%	1h	1,759	+0.015%	$327K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0009%	8h	1,758.5	−0.015%	$6.0M	$22.3M	20x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,758.4	−0.023%	$1.4M	$10.1M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,759.6	+0.045%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,758.1	−0.039%	$278.6M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,758.4	−0.019%	$31.9M	$103.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,758	−0.044%	$82.2M	$833.7M	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	1,759.8	+0.058%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,758.8	long leg	$177.1M	$227.9M	75x
Variational Omni SNDK	0.0000%	8h	1,759.8	+0.058%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759.9	+0.063%	$20K	$2.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,758.8	+0.002%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,758.6	−0.010%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,758.8	+0.004%	$704	$3.5M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,758.4	−0.022%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,759	+0.015%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,760.2	+0.081%	$673	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,756.3	−0.143%	—	$579K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,759.6	+0.047%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,758.9	+0.009%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USDshort	+0.0032%	1h	1,757.7	−0.063%	$490K	$2.0M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.342%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.4	−0.022%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,759.1	+0.019%	$242K	$654K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,758.5	−0.015%	$118.8M	$159.2M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,759.4	+0.036%	$4.6M	$19.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,757.6	−0.067%	$185K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,758.7	−0.005%	$719K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,758.3	−0.025%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,758.6	−0.010%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,758.6	−0.010%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,758.6	−0.012%	$197K	$305K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760.6	+0.106%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,758.1	−0.036%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,759.6	+0.049%	$431K	$2.2M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,759	+0.015%	$126K	$340K	20x	as long as short
edgeX SNDKUSDC	+0.0480%	4h	1,759.2	+0.023%	$559K	$349K	10x	as long as short