Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.031%

Price spread now: Gate against Variational Omni−0.052%7-day average +0.002% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.031%−$3 on $10k

Price spread, last 7 days+0.073%+$7 · spread now −0.052%, 7d avg +0.002%

Together, before fees+0.043%+ Points / potential airdropVariational Omni: Active · farm board+$4 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 0.054% cheaper against Variational Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SNDK	1,771.6	0	get 0.0000% / 8h	1h 46m	$2.6M	$4.7M	—
Short	Gate SNDK_USDT	1,770.7	0	get 0.0000% / 8h	1h 46m	$183.2M	$241.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. 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 Variational OmnibpFee GatebpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → +0.002%: −$5.35
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$20.35
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Gate: live order book, 3 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 3 min ago	2.40 bp	doesn't fit	7.9 bp −$79	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	0.96 bp	10.7 bp −$11	17.7 bp −$177	35.9 bp −$3,588	60.9 bp −$30.5K

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	1,770.1	−0.088%	$4.1M	$4.5M	75x	as long as short
QFEX SNDK-USD	−0.0007%	1h	1,770	−0.091%	$2.2M	$21.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,771.2	−0.022%	$21.8M	$39.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,770.9	−0.041%	$286.3M	$1.89B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,770.9	−0.042%	$31.7M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,771	−0.035%	$87.7M	$845.6M	75x	as long as short
Gate SNDK_USDTshort	0.0000%	8h	1,770.7	−0.052%	$183.2M	$241.3M	75x
Bitget SNDKUSDT	0.0000%	8h	1,770.8	−0.044%	$49.6M	$171.0M	75x	as long as short
Variational Omni SNDKlong	0.0000%	8h	1,771.6	long leg	$2.6M	$4.7M	—
GRVT SNDK_USDT_Perp	0.0000%	8h	1,771.6	+0.001%	$20K	$1.0M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,771.4	−0.012%	$276K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,770.3	−0.074%	$13K	$294K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,770.1	−0.086%	$818	$4.0M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,770.7	−0.052%	$49K	$242K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,770.2	−0.079%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,770.8	−0.047%	$2.8M	$962K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0007%	1h	1,770.8	−0.045%	$755	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0015%	1h	1,771.5	−0.008%	$162K	$1.8M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,771.3	−0.016%	$1.5M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,770.9	−0.041%	$1.4M	$10.2M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,770.5	−0.063%	$410K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.600%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,769.8	−0.100%	$282K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,769.6	−0.114%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,770.3	−0.074%	$244K	$672K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,770.7	−0.052%	$112.7M	$152.3M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,770.1	−0.085%	$4.5M	$20.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,770.2	−0.080%	$196K	$90K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,770.6	−0.058%	$724K	$550K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,770.9	−0.040%	$1.4M	$4.8M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,770.1	−0.087%	—	—	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0056%	1h	1,773.3	+0.095%	$438K	$2.4M	10x	as long as short
Nado SNDK-PERP	+0.0065%	1h	1,770.8	−0.047%	$309K	$1.3M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,770.5	−0.064%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,770.4	−0.069%	$213K	$291K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,770.4	−0.066%	$6.0M	$22.8M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,771.5	−0.004%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,769.8	−0.102%	$8K	$2K	20x	as long as short
edgeX SNDKUSDC	+0.0202%	4h	1,771.5	−0.008%	$563K	$355K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0386%	1h	1,771.2	−0.022%	$129K	$415K	20x	as long as short