Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0100%/8hpaid last 24h −0.040%

Price spread now: OKX against Pacifica+0.063%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on Pacifica Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 3 days (all we have)−0.078%−$8 · spread now +0.063%, 7d avg −0.003%

Together, before fees−0.071%+ Points / potential airdropPacifica: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.066% dearer against Pacifica than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of −0.003%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SNDK	1,747.5	0.0100	pay 0.0013% / 1h	22m 59s	$193K	$235K	10x
Short	OKX SNDK-USDT-SWAP	1,748.6	0	get 0.0000% / 8h	4h 22m	$88.8M	$800.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Pacifica. 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 PacificabpFee OKXbpOrdersPrice spread, now +0.063%Rate

Funding earned: −$21
Price spread: +0.063% → −0.003%: $6.63
Slippage, 4 orders: −$7.99
Fee Pacifica: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$40.36
Costs to cover: 0.260%
Break-even: never at this rate

Slippage from Pacifica: live order book, 9 min ago; OKX: 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 Pacifica live order book, 9 min ago	1.71 bp	6.6 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 6 min ago	0.29 bp	5.3 bp −$5	5.9 bp −$59	9.3 bp −$933	28.4 bp −$14.2K

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	1,747.9	+0.021%	$4.3M	$4.3M	75x	as long as short
Phoenix SNDK	−0.0045%	1h	1,746	−0.086%	$273K	$162K	15x	as long as short
Entropy io:SNDK	−0.0023%	1h	1,747.3	−0.011%	$4.5M	$19.9M	10x	as long as short
QFEX SNDK-USD	−0.0009%	1h	1,748.1	+0.035%	$2.2M	$22.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,748	+0.028%	$21.6M	$40.1M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,748.3	+0.043%	$284.3M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,748.5	+0.058%	$32.0M	$100.2M	100x	as long as short
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,748.6	+0.063%	$88.8M	$800.7M	75x
RISEx SNDK/USDC	0.0000%	1h	1,748.2	+0.038%	$126K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,747.8	+0.018%	$189.1M	$237.9M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,748.6	+0.060%	$50.3M	$164.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,744.9	−0.147%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,746.5	−0.058%	$11K	$826K	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,747.8	+0.017%	$14K	$293K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,747.5	+0.001%	$910	$4.0M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,747.5	+0.002%	$1.4M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,748.5	+0.057%	$2.8M	$811K	50x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0019%	1h	1,748	+0.030%	$48K	$188K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,748.2	+0.037%	$1.8M	$15.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,747.9	+0.023%	$1.3M	$10.0M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,748.2	+0.041%	$395K	$1.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0032%	1h	1,746.6	−0.052%	$430K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+3.002%	$36	$19K	12x	as long as short
Aftermath Perps SNDKUSD	+0.0036%	1h	1,748.3	+0.045%	$650	$36K	5x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,747.4	−0.008%	$295K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,747	−0.031%	—	$639K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,748.4	+0.052%	$241K	$636K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,747.1	−0.025%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,747.7	+0.011%	$109.3M	$143.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,747.9	+0.023%	$194K	$183K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,747.9	+0.025%	$715K	$502K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,746	−0.086%	$1.4M	$4.2M	5x	as long as short
Nado SNDK-PERP	+0.0052%	1h	1,746.8	−0.040%	$350K	$1.2M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,747.7	+0.013%	$1K	—	10x	as long as short
edgeX SNDKUSDC	+0.0094%	4h	1,747.2	−0.015%	$553K	$344K	10x	as long as short
Pacifica SNDKlong	+0.0100%	1h	1,747.5	long leg	$193K	$235K	10x
KuCoin SNDKUSDTM	+0.0100%	8h	1,747.8	+0.018%	$6.1M	$21.3M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,746.2	−0.077%	$67K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,747.6	+0.003%	$8K	$1K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0481%	1h	1,748.5	+0.059%	$129K	$381K	20x	as long as short