Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.001%

Price spread now: OKX against Arcus+0.071%7-day average +0.066% · 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−$22as in the Price arb table

costs, in and out, $10k−$220.221% of the position

Long on Arcus Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.045%−$5 on $10k

Price spread, last 7 days0.000%$0 · spread now +0.071%, 7d avg +0.066%

Together, before fees−0.045%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,763.5	0.0040	pay 0.0005% / 1h	43m 19s	$261K	$1.4M	10x
Short	OKX SNDK-USDT-SWAP	1,764.8	0	get 0.0000% / 8h	4h 43m	$79.2M	$843.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.071%Rate

Funding earned: −$8.46
Price spread: +0.071% → +0.066%: $0.53
Slippage, 4 orders: −$7.57
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$30
Costs to cover: 0.221%
Break-even: never at this rate

Slippage from Arcus: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago	1.02 bp	5.0 bp −$5	8.8 bp −$88	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.28 bp	5.3 bp −$5	7.8 bp −$78	14.3 bp −$1,429	74.0 bp −$37.0K

SNDK on 40 exchanges

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
Kraken Futures PF_SNDKUSD	−0.0127%	1h	1,764	+0.027%	$166K	$378K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,763.8	+0.016%	$3.9M	$4.7M	75x	as long as short
Entropy io:SNDK	−0.0002%	1h	1,764.1	+0.032%	$4.5M	$19.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,764.9	+0.078%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,764.6	+0.059%	$281.2M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,764.6	+0.061%	$31.4M	$107.6M	100x	as long as short
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,764.8	+0.071%	$79.2M	$843.5M	75x
RISEx SNDK/USDC	0.0000%	1h	1,764.5	+0.057%	$146K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,764.6	+0.061%	$180.8M	$210.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,764.6	+0.059%	$48.5M	$172.2M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,762.6	−0.051%	$2.7M	$4.4M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,764.4	+0.047%	$22K	$2.7M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,764.9	+0.077%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,764.4	+0.048%	$713	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,764.6	+0.058%	$19K	$452K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,764.3	+0.040%	$1.5M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,764.5	+0.057%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0004%	1h	1,764.6	+0.057%	$1.5M	$9.3M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0023%	1h	1,764.5	+0.054%	$674	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,764.6	+0.058%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,763.3	−0.016%	$421K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.065%	$36	$4K	12x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,763.5	long leg	$261K	$1.4M	10x
Phoenix SNDK	+0.0045%	1h	1,763.8	+0.015%	$275K	$178K	15x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,763.5	−0.002%	—	$570K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,764.8	+0.071%	$243K	$700K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,764.4	+0.049%	$122.6M	$151.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,764.2	+0.037%	$211K	$201K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,764.2	+0.039%	$723K	$529K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,764.1	+0.032%	$1.4M	$5.4M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,764	+0.027%	—	—	5x	as long as short
Nado SNDK-PERP	+0.0063%	1h	1,764.4	+0.046%	$320K	$1.5M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,764.7	+0.063%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,764.3	+0.043%	$193K	$305K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,763.8	+0.013%	$6.1M	$23.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,764.2	+0.036%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,763.4	−0.011%	$9K	$6K	20x	as long as short
Lighter SNDK	+0.0104%	1h	1,765.3	+0.098%	$1.8M	$16.5M	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0176%	1h	1,765	+0.082%	$443K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0894%	4h	1,763	−0.033%	$560K	$340K	10x	as long as short