Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.022%

Price spread now: Binance against Polymarket Perps+0.022%7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$250.245% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.185%+$18 on $10k

Price spread, last 7 days+0.022%+$2 · spread now +0.022%, 7d avg +0.102%

Together, before fees+0.206%+$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.080% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.102%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.185%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SNDK-USD	1,779.4	0.0050	pay 0.0006% / 1h	43m 11s	$187K	$128K	10x
Short	Binance SNDKUSDT	1,779.8	0	get 0.0000% / 8h	3h 43m	$283.5M	$1.80B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. 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 Polymarket PerpsbpFee BinancebpOrdersPrice spread, now +0.022%Rate

Funding earned: −$10.5
Price spread: +0.022% → +0.102%: −$8
Slippage, 4 orders: −$6.54
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$43.04
Costs to cover: 0.245%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 9 min ago; Binance: live order book, 16 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 Polymarket Perps live order book, 9 min ago	1.96 bp	6.0 bp −$6	6.9 bp −$69	8.9 bp −$890	doesn't fit
Sell Binance live order book, 16 min ago	0.03 bp	5.0 bp −$5	5.8 bp −$58	13.2 bp −$1,319	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	1,779.6	+0.010%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0107%	1h	1,780.8	+0.079%	$4.8M	$19.9M	10x	as long as short
Nado SNDK-PERP	−0.0046%	1h	1,780.1	+0.037%	$346K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0042%	8h	1,780.4	+0.055%	$6.1M	$22.1M	20x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,779.1	−0.020%	$1.4M	$12.3M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,780.1	+0.038%	$433K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,781.2	+0.103%	$21.8M	$33.5M	20x	as long as short
Binance SNDKUSDTshort	0.0000%	8h	1,779.8	+0.022%	$283.5M	$1.80B	75x
Bybit SNDKUSDT	0.0000%	8h	1,780.2	+0.043%	$32.4M	$101.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,780.2	+0.045%	$83.4M	$824.4M	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	1,780.9	+0.083%	$170K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,779.7	+0.014%	$179.5M	$229.0M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,779.6	+0.011%	$43.8M	$162.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,782.2	+0.158%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,780.4	+0.056%	$17K	$1.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,782.2	+0.157%	$278K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,779.6	+0.011%	$13K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,777.9	−0.082%	$736	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,779.6	+0.011%	$51K	$345K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,779	−0.024%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,779.9	+0.029%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0006%	1h	1,781.8	+0.137%	$663	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,780	+0.036%	$1.7M	$15.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.7	+0.015%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,779.5	+0.008%	$435K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.155%	$36	$9K	12x	as long as short
edgeX SNDKUSDC	+0.0036%	4h	1,782	+0.148%	$566K	$353K	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,780.1	+0.040%	$265K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.2	−0.070%	—	$580K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779.6	+0.011%	$245K	$650K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.6	−0.043%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,779.5	+0.006%	$117.5M	$150.6M	10x	as long as short
Polymarket Perps SNDK-USDlong	+0.0050%	1h	1,779.4	long leg	$187K	$128K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,779.7	+0.016%	$727K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778.7	−0.039%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,779.1	−0.017%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,779.4	0.000%	$198K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,780.6	+0.070%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,779	−0.025%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,780	+0.032%	$130K	$352K	20x	as long as short