Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.017%

Price spread now: Extended against Binance+0.042%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$200.199% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$7 on $10k

Price spread, last 2 days (all we have)−0.115%−$11 · spread now +0.042%, 7d avg −0.020%

Together, before fees−0.190%+ Points / potential airdropExtended: Active · farm board−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.061% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 7 days funding on this pair cost −0.075%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SNDKUSDT	1,782.9	0	get 0.0000% / 8h	6h 38m	$285.9M	$1.82B	75x
Short	Extended SNDK_24_5-USD	1,783.6	0.0032	get 0.0004% / 1h	38m 50s	$470K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.042%Rate

Funding earned: $6.72
Price spread: +0.042% → −0.020%: $6.11
Slippage, 4 orders: −$4.87
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$7.03
Costs to cover: 0.199%
Break-even: 14.3 days

Slippage from Binance: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago	0.03 bp	5.0 bp −$5	5.5 bp −$55	13.8 bp −$1,377	doesn't fit
Sell Extended live order book, 5 min ago	0.39 bp	6.0 bp −$6	12.3 bp −$123	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
Deribit SNDK_USDC-PERPETUAL	−0.0154%	1h	1,783.5	+0.036%	$51K	$328K	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,788	+0.288%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0102%	1h	1,784.8	+0.108%	$4.9M	$20.3M	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,786.8	+0.220%	$278K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,783.2	+0.020%	$1.8M	$17.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,784.4	+0.088%	$21.7M	$39.9M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,782.9	long leg	$285.9M	$1.82B	75x
Bybit SNDKUSDT	0.0000%	8h	1,783.2	+0.019%	$32.0M	$100.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,783.3	+0.024%	$85.6M	$829.8M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,782.9	0.000%	$180.3M	$231.3M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,783	+0.007%	$45.4M	$167.3M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,786.9	+0.227%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,787.3	+0.250%	$15K	$1.1M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,783.4	+0.031%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,782.6	−0.016%	$856	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,783	+0.004%	$1.5M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,783.2	+0.016%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0002%	1h	1,784.5	+0.090%	$360K	$1.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,787.3	+0.248%	$671	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0006%	1h	1,782.4	−0.026%	$114.1M	$146.4M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,783.3	+0.025%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,783.8	+0.052%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USDshort	+0.0032%	1h	1,783.6	+0.042%	$470K	$1.7M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.959%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,785.6	+0.153%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,783.6	+0.040%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,783.2	+0.019%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,783.7	+0.045%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,783	+0.007%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,783.5	+0.033%	$729K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,783.3	+0.024%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,783	+0.009%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,783.4	+0.030%	$436K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,783.6	+0.043%	$198K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,784	+0.065%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787.9	+0.282%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,782.6	−0.013%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,783.4	+0.029%	$130K	$364K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,784.1	+0.069%	$171K	$1.8M	20x	as long as short
edgeX SNDKUSDC	+0.0279%	4h	1,787.4	+0.252%	$568K	$351K	10x	as long as short