Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.021%

Price spread now: Coinbase International against Binance−0.101%7-day average +0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$270.272% of the position

Long on Binance Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.101%, 7d avg +0.038%

Together, before fees+0.124%+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.139% cheaper against Binance than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of +0.038%). If the spread goes back, that is −$14 on $10k: about 4.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SNDKUSDT	1,761.4	0	get 0.0000% / 8h	50m 10s	$279.7M	$1.87B	75x
Short	Coinbase International SNDK-PERP-INTX	1,759.6	0.0112	get 0.0014% / 1h	50m 10s	$431K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Binance. 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 BinancebpFee Coinbase InternationalbpOrdersPrice spread, now −0.101%Rate

Funding earned: $23.52
Price spread: −0.101% → +0.038%: −$13.94
Slippage, 4 orders: −$7.22
Fee Binance: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$17.64
Costs to cover: 0.272%
Break-even: 12.2 days

Slippage from Binance: live order book, 9 min ago; Coinbase International: 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 Binance live order book, 9 min ago	0.03 bp	5.0 bp −$5	5.0 bp −$50	11.1 bp −$1,110	doesn't fit
Sell Coinbase International live order book, 4 min ago	2.59 bp	7.9 bp −$8	11.6 bp −$116	33.1 bp −$3,306	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 SNDKUSDT	−0.0323%	8h	1,761.1	−0.018%	$48.4M	$166.3M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,758.8	−0.147%	$3.9M	$4.6M	75x	as long as short
Nado SNDK-PERP	−0.0033%	1h	1,759.7	−0.097%	$326K	$1.5M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0017%	1h	1,759.9	−0.085%	$51K	$351K	10x	as long as short
KuCoin SNDKUSDTM	−0.0014%	8h	1,758.9	−0.142%	$6.0M	$22.3M	20x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,759.2	−0.123%	$1.4M	$10.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,761.4	+0.002%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,761.4	long leg	$279.7M	$1.87B	75x
Bybit SNDKUSDT	0.0000%	8h	1,760.9	−0.032%	$31.7M	$103.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,760.9	−0.029%	$82.4M	$834.2M	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	1,760.3	−0.065%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,760.8	−0.036%	$177.2M	$228.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.6	−0.162%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,758.8	−0.150%	$21K	$2.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,758.5	−0.165%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,759.8	−0.092%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,759.5	−0.111%	$1K	$3.5M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,760.1	−0.073%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,760.7	−0.042%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,759.5	−0.107%	$740	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0013%	1h	1,756.9	−0.259%	—	$579K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,761.1	−0.018%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,760.5	−0.050%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,759.9	−0.088%	$490K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.188%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.4	−0.173%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,759.5	−0.109%	$242K	$653K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,761.2	−0.012%	$119.0M	$159.2M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,759.1	−0.131%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,758.4	−0.171%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,759.3	−0.122%	$719K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,759.1	−0.129%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,759.1	−0.131%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,759.9	−0.086%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,759.3	−0.119%	$197K	$305K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.9	−0.086%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,759.4	−0.117%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTXshort	+0.0112%	1h	1,759.6	−0.101%	$431K	$2.2M	10x
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,760.3	−0.065%	$127K	$340K	20x	as long as short
edgeX SNDKUSDC	+0.0993%	4h	1,759	−0.138%	$559K	$351K	10x	as long as short