Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.013%

Price spread now: Pacifica against SunX+0.011%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$148as in the Price arb table

costs, in and out, $10k−$1461.457% of the position

Long on SunX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 3 days (all we have)+0.051%+$5 · spread now +0.011%, 7d avg +0.033%

Together, before fees+0.156%+ Points / potential airdropPacifica: Active · farm board+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.021% cheaper against SunX than usual: you would sell low and buy high (spread +0.011% now, against its 7-day average of +0.033%). If the spread goes back, that is −$2 on $10k: about 17 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNDK-USDT	1,785.1	0	get 0.0000% / 8h	6h 16m	$1K	$3.7M	20x
Short	Pacifica SNDK	1,785.3	0.0100	get 0.0013% / 1h	16m 31s	$199K	$292K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against SunX. 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 SunXbpFee PacificabpOrdersPrice spread, now +0.011%Rate

Funding earned: $21
Price spread: +0.011% → +0.033%: −$2.13
Slippage, 4 orders: −$129.66
Fee SunX: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$126.78
Costs to cover: 1.457%
Break-even: 49.3 days

Slippage from SunX: live order book, 11 min ago; Pacifica: live order book, 52 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 SunX live order book, 11 min ago	62.71 bp	66.7 bp −$67	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 52 min ago	0.28 bp	5.2 bp −$5	doesn't fit	doesn't fit	doesn't fit

SNDK on 39 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
Deribit SNDK_USDC-PERPETUAL	−0.0237%	1h	1,785.6	+0.031%	$51K	$331K	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,785.1	+0.001%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0036%	1h	1,785.6	+0.029%	$4.9M	$20.5M	10x	as long as short
Nado SNDK-PERP	−0.0026%	1h	1,786.4	+0.076%	$360K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,784.9	−0.012%	$1.7M	$16.4M	10x	as long as short
tradeXYZ xyz:SNDK	−0.0011%	1h	1,785.1	+0.001%	$114.4M	$146.1M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.6	+0.085%	$21.8M	$36.8M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,785.2	+0.006%	$285.9M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,785.6	+0.029%	$32.1M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.2	+0.006%	$85.5M	$828.4M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,785.1	0.000%	$180.8M	$232.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,785.1	0.000%	$44.0M	$164.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	−0.056%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,784.3	−0.045%	$16K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,785.8	+0.040%	$13K	$291K	10x	as long as short
SunX SNDK-USDTlong	0.0000%	8h	1,785.1	long leg	$1K	$3.7M	20x
HTX SNDK-USDT	0.0000%	8h	1,785.3	+0.014%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,785.7	+0.034%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,786.1	+0.055%	$701	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,786.1	+0.057%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,786	+0.049%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.1	+0.057%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.833%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784	−0.061%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.3	+0.012%	—	$584K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,785.1	+0.003%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,784.9	−0.011%	$245K	$645K	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.4	+0.017%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,785.7	+0.034%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.7	−0.022%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785.3	+0.013%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,786.2	+0.064%	$437K	$2.3M	10x	as long as short
Pacifica SNDKshort	+0.0100%	1h	1,785.3	+0.011%	$199K	$292K	10x
KuCoin SNDKUSDTM	+0.0100%	8h	1,784.9	−0.013%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,785.3	+0.014%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,784.6	−0.026%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,786.1	+0.058%	$130K	$357K	20x	as long as short
edgeX SNDKUSDC	+0.0227%	4h	1,783.9	−0.068%	$567K	$353K	10x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,786	+0.049%	$170K	$1.8M	20x	as long as short