Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.021%

Price spread now: Pacifica against Gate−0.053%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$350.354% of the position

Long on Gate Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.053%, 7d avg −0.002%

Together, before fees+0.088%+ Points / potential airdropPacifica: Active · farm board+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.051% cheaper against Gate than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.002%). If the spread goes back, that is −$5 on $10k: about 41 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.066% in total) that is about 5.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,764.3	0	get 0.0000% / 8h	1h 13m	$177.6M	$231.5M	75x
Short	Pacifica SNDK	1,763.3	0.0100	get 0.0013% / 1h	13m 02s	$198K	$304K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.053%Rate

Funding earned: $21
Price spread: −0.053% → −0.002%: −$5.11
Slippage, 4 orders: −$12.41
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$19.52
Costs to cover: 0.354%
Break-even: 13.5 days

Slippage from Gate: live order book, 6 min ago; Pacifica: live order book, 30 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, 6 min ago	0.48 bp	10.2 bp −$10	28.3 bp −$283	39.7 bp −$3,968	61.8 bp −$30.9K
Sell Pacifica live order book, 30 min ago	0.57 bp	6.0 bp −$6	doesn't fit	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	−0.0303%	8h	1,764.2	−0.003%	$48.6M	$167.0M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,764.4	+0.009%	$3.9M	$4.6M	75x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,763.1	−0.063%	$1.4M	$10.2M	10x	as long as short
KuCoin SNDKUSDTM	−0.0003%	8h	1,763.8	−0.029%	$6.1M	$22.2M	20x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,765	+0.041%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,764.9	+0.036%	$280.2M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,765	+0.040%	$31.7M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,764.8	+0.031%	$82.3M	$837.9M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,764.5	+0.011%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,764.3	long leg	$177.6M	$231.5M	75x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,761.9	−0.132%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,762.1	−0.125%	$19K	$2.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761.6	−0.151%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,763.7	−0.032%	$13K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,763.8	−0.029%	$780	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,763.8	−0.027%	$51K	$351K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,763	−0.074%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,764.3	+0.004%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,763.3	−0.053%	$674	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0017%	1h	1,761.5	−0.159%	—	$579K	10x	as long as short
Nado SNDK-PERP	+0.0028%	1h	1,763.6	−0.037%	$328K	$1.5M	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,764.7	+0.023%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,764	−0.013%	$491K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.024%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,761.9	−0.136%	$254K	$1.5M	10x	as long as short
Lighter SNDK	+0.0048%	1h	1,765.5	+0.072%	$1.8M	$16.3M	20x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,763.6	−0.037%	$242K	$667K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,764.9	+0.036%	$118.9M	$159.1M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,763.3	−0.054%	$4.7M	$19.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,762.6	−0.094%	$185K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,763.5	−0.044%	$721K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,763.1	−0.065%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,765.3	+0.059%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,763.7	−0.031%	$1K	—	10x	as long as short
Pacifica SNDKshort	+0.0100%	1h	1,763.3	−0.053%	$198K	$304K	10x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,762	−0.128%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,763.5	−0.042%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,761	−0.186%	$431K	$2.3M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0400%	1h	1,764.2	−0.001%	$127K	$343K	20x	as long as short
edgeX SNDKUSDC	+0.0909%	4h	1,761.6	−0.149%	$560K	$354K	10x	as long as short