Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0078%/8h= +8.5% APRpaid last 24h +0.010%

Price spread now: Extended against KuCoin+0.039%7-day average −0.004% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$350.349% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 7 days−0.027%−$3 · spread now +0.039%, 7d avg −0.004%

Together, before fees−0.069%+ Points / potential airdropExtended: Active · farm board−$7 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 Extended is 0.042% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SNDKUSDTM	1,773.4	−0.0046	get 0.0046% / 8h	3h 38m	$6.1M	$22.1M	20x
Short	Extended SNDK_24_5-USD	1,774.1	0.0032	get 0.0004% / 1h	38m 50s	$435K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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 KuCoinbpFee ExtendedbpOrdersPrice spread, now +0.039%Rate

Funding earned: $16.38
Price spread: +0.039% → −0.004%: $4.24
Slippage, 4 orders: −$17.94
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$14.32
Costs to cover: 0.349%
Break-even: 13.1 days

Slippage from KuCoin: live order book, 5 min ago; Extended: live order book, 5 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 KuCoin live order book, 5 min ago	0.81 bp	12.9 bp −$13	56.6 bp −$566	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	1.80 bp	5.5 bp −$5	11.7 bp −$117	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	1,773.6	+0.006%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0101%	1h	1,775.5	+0.116%	$4.8M	$19.8M	10x	as long as short
Nado SNDK-PERP	−0.0046%	1h	1,775.5	+0.116%	$345K	$1.5M	10x	as long as short
KuCoin SNDKUSDTMlong	−0.0046%	8h	1,773.4	long leg	$6.1M	$22.1M	20x
QFEX SNDK-USD	−0.0019%	1h	1,773.9	+0.024%	$1.4M	$12.2M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,775.7	+0.125%	$432K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,774.3	+0.048%	$21.6M	$32.8M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,773.6	+0.011%	$282.6M	$1.81B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,774.1	+0.035%	$32.1M	$101.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,773.3	−0.008%	$82.6M	$824.2M	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	1,775.3	+0.106%	$169K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,773.9	+0.024%	$178.3M	$229.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,773.4	−0.005%	$43.5M	$162.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,777.2	+0.211%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,777.2	+0.210%	$14K	$1.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.2	+0.268%	$277K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,772.9	−0.030%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,771.3	−0.121%	$964	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,773	−0.027%	$51K	$346K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,772.7	−0.040%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,773.9	+0.026%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0006%	1h	1,779.5	+0.342%	$662	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,773.7	+0.012%	$1.7M	$15.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,773.5	+0.002%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USDshort	+0.0032%	1h	1,774.1	+0.039%	$435K	$1.9M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.495%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,777.3	+0.217%	$265K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,772.8	−0.034%	—	$580K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,774.6	+0.065%	$244K	$651K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,774.2	+0.041%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,773.2	−0.014%	$117.0M	$151.1M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,773.6	+0.009%	$186K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,773	−0.028%	$725K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,774.8	+0.077%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,772.7	−0.041%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,774.4	+0.052%	$197K	$288K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,780.5	+0.400%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,772	−0.083%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,773.4	−0.001%	$129K	$352K	20x	as long as short
edgeX SNDKUSDC	+0.0813%	4h	1,778.6	+0.290%	$565K	$351K	10x	as long as short