Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: Gate against OKX−0.045%7-day average +0.010% · 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−$37as in the Price arb table

costs, in and out, $10k−$320.317% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 7 days+0.071%+$7 · spread now −0.045%, 7d avg +0.010%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.056% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SNDK-USDT-SWAP	1,789	0	get 0.0000% / 8h	7h 48m	$86.7M	$838.4M	75x
Short	Gate SNDK_USDT	1,788.2	0	get 0.0000% / 8h	7h 48m	$182.9M	$232.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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 OKXbpFee GatebpOrdersPrice spread, now −0.045%Rate

Funding earned: $0
Price spread: −0.045% → +0.010%: −$5.57
Slippage, 4 orders: −$6.74
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$37.31
Costs to cover: 0.317%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Gate: live order book, 6 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 OKX live order book, 1 min ago	0.28 bp	5.3 bp −$5	6.0 bp −$60	10.4 bp −$1,041	23.7 bp −$11.8K
Sell Gate live order book, 6 min ago	0.81 bp	10.7 bp −$11	20.5 bp −$205	40.1 bp −$4,008	65.8 bp −$32.9K

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	−0.145%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,787.4	−0.089%	$21.8M	$45.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,788.4	−0.036%	$286.4M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789.4	+0.021%	$32.3M	$100.6M	100x	as long as short
OKX SNDK-USDT-SWAPlong	0.0000%	8h	1,789	long leg	$86.7M	$838.4M	75x
Gate SNDK_USDTshort	0.0000%	8h	1,788.2	−0.045%	$182.9M	$232.8M	75x
Bitget SNDKUSDT	0.0000%	8h	1,788.7	−0.015%	$48.5M	$168.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	−0.274%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,782.4	−0.372%	$9K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,782.8	−0.347%	$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	−0.121%	$758	$3.8M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.1	+0.004%	$50K	$311K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,787.7	−0.074%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,788.2	−0.042%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,787.7	−0.073%	$2.2M	$20.8M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,787.7	−0.072%	$175K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,783.1	−0.328%	$821	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,789.3	+0.018%	$1.6M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,788.9	−0.008%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.5	+0.028%	$421K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.613%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783.6	−0.304%	$299K	$1.6M	10x	as long as short
Nado SNDK-PERP	+0.0041%	1h	1,788.4	−0.035%	$355K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,787.9	−0.064%	—	$674K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,787.5	−0.084%	$247K	$654K	20x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,783.8	−0.291%	$4.7M	$20.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,788.1	−0.050%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,788.3	−0.041%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.2	−0.157%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.1	−0.051%	$1K	—	10x	as long as short
Bullet SNDK-USD	+0.0089%	1h	1,788.3	−0.042%	$14K	$291K	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,787.4	−0.089%	$199K	$293K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,787.4	−0.089%	$6.1M	$22.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.5	−0.307%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.7	−0.130%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,784.7	−0.242%	$442K	$2.3M	10x	as long as short
tradeXYZ xyz:SNDK	+0.0138%	1h	1,788.9	−0.006%	$115.0M	$150.1M	10x	as long as short
SoDEX SNDK-USD	+0.0629%	1h	1,787.1	−0.109%	$730K	$521K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0660%	1h	1,788.8	−0.010%	$130K	$389K	20x	as long as short
edgeX SNDKUSDC	+0.0902%	4h	1,781.7	−0.407%	$566K	$354K	10x	as long as short