Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.002%

Price spread now: Binance against Arcus+0.013%7-day average +0.089% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$260.261% of the position

Long on Arcus Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.020%+$2 on $10k

Price spread, last 7 days+0.006%+$1 · spread now +0.013%, 7d avg +0.089%

Together, before fees+0.025%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.075% cheaper against Arcus than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.089%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,785.4	0.0040	pay 0.0005% / 1h	26m 59s	$312K	$1.6M	10x
Short	Binance SNDKUSDT	1,785.7	0	get 0.0000% / 8h	5h 26m	$285.3M	$1.80B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Arcus. 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 ArcusbpFee BinancebpOrdersPrice spread, now +0.013%Rate

Funding earned: −$8.46
Price spread: +0.013% → +0.089%: −$7.55
Slippage, 4 orders: −$11.58
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$42.09
Costs to cover: 0.261%
Break-even: never at this rate

Slippage from Arcus: live order book, 2 min ago; Binance: live order book, 2 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 Arcus live order book, 2 min ago	1.04 bp	6.7 bp −$7	12.5 bp −$125	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.03 bp	5.0 bp −$5	6.0 bp −$60	14.8 bp −$1,476	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
Deribit SNDK_USDC-PERPETUAL	−0.0159%	1h	1,785.9	+0.025%	$51K	$338K	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,785.5	+0.005%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,786.2	+0.044%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0052%	1h	1,786.6	+0.067%	$4.9M	$20.3M	10x	as long as short
Nado SNDK-PERP	−0.0038%	1h	1,786.9	+0.083%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,785.2	−0.014%	$1.5M	$14.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.3	+0.050%	$21.8M	$37.2M	20x	as long as short
Binance SNDKUSDTshort	0.0000%	8h	1,785.7	+0.013%	$285.3M	$1.80B	75x
Bybit SNDKUSDT	0.0000%	8h	1,786.3	+0.048%	$32.1M	$99.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.8	+0.022%	$85.0M	$822.3M	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	1,786.9	+0.085%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,785.8	+0.022%	$180.1M	$230.9M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,785.5	+0.005%	$43.8M	$161.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,787.9	+0.138%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.2	+0.045%	$10K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,785.7	+0.015%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,784.5	−0.050%	$894	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,785.4	+0.001%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,785.7	+0.015%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,787.2	+0.100%	$665	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0021%	1h	1,785.7	+0.016%	$114.4M	$145.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	+0.016%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,787	+0.087%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,786.4	+0.056%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.3	+0.047%	$461K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.815%	$36	$9K	12x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,785.4	long leg	$312K	$1.6M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.5	+0.003%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,785.4	−0.001%	$246K	$646K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,785.8	+0.022%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.4	−0.001%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,785.7	+0.014%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.5	+0.061%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,786.2	+0.043%	$130K	$352K	20x	as long as short
KuCoin SNDKUSDTM	+0.0078%	8h	1,786	+0.031%	$6.1M	$21.8M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785.2	−0.011%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,785.9	+0.029%	$199K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,788.4	+0.165%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.2	−0.010%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0780%	4h	1,786.5	+0.062%	$567K	$351K	10x	as long as short