Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h +0.008%

Price spread now: KuCoin against Arcus+0.112%7-day average +0.043% · 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−$400.405% of the position

Long on Arcus Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.034%+$3 on $10k

Price spread, last 7 days−0.117%−$12 · spread now +0.112%, 7d avg +0.043%

Together, before fees−0.083%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.069% dearer against Arcus than usual: you sell high and buy low (spread +0.112% now, against its 7-day average of +0.043%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,765.9	0.0040	pay 0.0005% / 1h	4m 04s	$262K	$1.5M	10x
Short	KuCoin SNDKUSDTM	1,767.9	−0.0046	pay 0.0046% / 8h	3h 04m	$6.1M	$22.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.112%Rate

Funding earned: −$18.12
Price spread: +0.112% → +0.043%: $6.95
Slippage, 4 orders: −$23.99
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$51.67
Costs to cover: 0.405%
Break-even: never at this rate

Slippage from Arcus: live order book, 5 min ago; KuCoin: live order book, 10 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, 5 min ago	1.05 bp	6.6 bp −$7	12.5 bp −$125	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	1.55 bp	12.0 bp −$12	41.4 bp −$414	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
BloFin SNDK-USDT	−0.0120%	8h	1,766.5	+0.034%	$3.9M	$4.4M	75x	as long as short
KuCoin SNDKUSDTMshort	−0.0046%	8h	1,767.9	+0.112%	$6.1M	$22.1M	20x
Entropy io:SNDK	−0.0029%	1h	1,766.4	+0.029%	$4.8M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,766.9	+0.058%	$1.4M	$11.9M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,767.2	+0.075%	$433K	$2.3M	10x	as long as short
Nado SNDK-PERP	−0.0002%	1h	1,767.8	+0.110%	$340K	$1.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,768.6	+0.151%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,768.1	+0.127%	$280.4M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,768.1	+0.124%	$31.8M	$102.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,767.3	+0.080%	$81.9M	$828.2M	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	1,768.4	+0.140%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,768.4	+0.142%	$177.3M	$231.9M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,767.7	+0.105%	$44.2M	$162.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,767.8	+0.108%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,765.5	−0.025%	$10K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,767.6	+0.097%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,768	+0.120%	$14K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,767.4	+0.084%	$774	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,767.8	+0.106%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,768.4	+0.143%	$2.8M	$1.1M	50x	as long as short
edgeX SNDKUSDC	+0.0008%	4h	1,764.2	−0.093%	$560K	$352K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,767.8	+0.106%	$658	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0022%	1h	1,764.3	−0.091%	—	$591K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,769.1	+0.181%	$1.8M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,768.5	+0.145%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,768.3	+0.136%	$424K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.929%	$36	$9K	12x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,765.9	long leg	$262K	$1.5M	10x
Popdex SNDKUSDT	+0.0048%	1h	1,767.5	+0.091%	$244K	$654K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,766.9	+0.056%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,768	+0.119%	$117.3M	$153.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,767.3	+0.080%	$185K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,767.3	+0.082%	$722K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,766.9	+0.057%	$1.4M	$5.1M	5x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0078%	1h	1,768.3	+0.139%	$51K	$346K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,767.9	+0.112%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,767	+0.063%	$197K	$296K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,765.9	+0.001%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,767.1	+0.070%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,768.4	+0.140%	$128K	$355K	20x	as long as short