Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0277%/8h= −30.4% APRpaid last 24h +0.009%

Price spread now: Bitget against Arcus+0.056%7-day average +0.073% · 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−$32as in the Price arb table

costs, in and out, $10k−$300.301% of the position

Long on Arcus Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.002%$0 on $10k

Price spread, last 7 days−0.002%$0 · spread now +0.056%, 7d avg +0.073%

Together, before fees0.000%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.073%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.002% in total (about 0.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,765.5	0.0040	pay 0.0005% / 1h	2m 09s	$260K	$1.4M	10x
Short	Bitget SNDKUSDT	1,766.5	−0.0237	pay 0.0237% / 8h	2h 02m	$47.3M	$164.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$58.23
Price spread: +0.056% → +0.073%: −$1.72
Slippage, 4 orders: −$13.65
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$90.09
Costs to cover: 0.301%
Break-even: never at this rate

Slippage from Arcus: live order book, 2 min ago; Bitget: 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	0.37 bp	3.1 bp −$3	10.9 bp −$109	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	0.37 bp	7.6 bp −$8	12.0 bp −$120	doesn't fit	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
Bitget SNDKUSDTshort	−0.0237%	8h	1,766.5	+0.056%	$47.3M	$164.7M	75x
BloFin SNDK-USDT	−0.0120%	8h	1,767.1	+0.089%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0025%	8h	1,766.2	+0.036%	$6.1M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,766.4	+0.048%	$1.4M	$10.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,766.3	+0.044%	$21.6M	$33.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,766.7	+0.067%	$280.2M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,766.7	+0.069%	$31.7M	$103.4M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,767.2	+0.095%	$82.2M	$834.5M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,767.8	+0.130%	$122K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,766.6	+0.059%	$177.0M	$232.2M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,767.8	+0.127%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,768.5	+0.169%	$20K	$1.8M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,768.3	+0.157%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,766.4	+0.048%	$13K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,766.1	+0.030%	$1K	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,766.2	+0.039%	$51K	$350K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,765.8	+0.017%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,766.1	+0.035%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0014%	1h	1,767.3	+0.102%	$328K	$1.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,766.8	+0.075%	$657	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0017%	1h	1,764.8	−0.042%	—	$581K	10x	as long as short
Pacifica SNDK	+0.0024%	1h	1,766.7	+0.068%	$196K	$303K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,766.6	+0.063%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,765.9	+0.019%	$462K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.951%	$36	$9K	12x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,765.5	long leg	$260K	$1.4M	10x
Popdex SNDKUSDT	+0.0048%	1h	1,766.6	+0.061%	$243K	$666K	20x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,766.8	+0.072%	$4.7M	$19.8M	10x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,766.3	+0.044%	$118.9M	$158.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,765.4	−0.007%	$185K	$131K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,766.7	+0.066%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,767	+0.084%	$1.4M	$5.1M	5x	as long as short
SoDEX SNDK-USD	+0.0054%	1h	1,766.2	+0.036%	$722K	$520K	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,770.1	+0.261%	$437K	$2.3M	10x	as long as short
Lighter SNDK	+0.0080%	1h	1,767.3	+0.103%	$1.8M	$16.4M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,765.9	+0.020%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,766.6	+0.059%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,766.3	+0.043%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,766.8	+0.075%	$127K	$347K	20x	as long as short
edgeX SNDKUSDC	+0.0463%	4h	1,767.6	+0.116%	$561K	$353K	10x	as long as short