Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.008%

Price spread now: tradeXYZ against Binance−0.163%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$290.290% of the position

Long on Binance Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.116%−$12 on $10k

Price spread, last 7 days+0.112%+$11 · spread now −0.163%, 7d avg −0.068%

Together, before fees−0.004%+ Points / potential airdroptradeXYZ: Active · farm board$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.095% cheaper against Binance than usual: you would sell low and buy high (spread −0.163% now, against its 7-day average of −0.068%). If the spread goes back, that is −$10 on $10k: about 6.4 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.116%, 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	1,749.4	0	get 0.0000% / 8h	7h 34m	$279.7M	$1.86B	75x
Short	tradeXYZ xyz:SNDK	1,746.5	0.0050	get 0.0006% / 1h	34m 15s	$118.3M	$158.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.163%Rate

Funding earned: $10.5
Price spread: −0.163% → −0.068%: −$9.54
Slippage, 4 orders: −$1.01
Fee Binance: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$28.05
Costs to cover: 0.290%
Break-even: 25.7 days

Slippage from Binance: live order book, 10 min ago; tradeXYZ: 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, 10 min ago	0.03 bp	5.1 bp −$5	6.1 bp −$61	14.5 bp −$1,449	doesn't fit
Sell tradeXYZ live order book, 4 min ago	0.29 bp	9.5 bp −$9	10.8 bp −$108	14.9 bp −$1,486	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
GRVT SNDK_USDT_Perp	−0.0845%	8h	1,750.4	+0.060%	$21K	$2.2M	10x	as long as short
HTX SNDK-USDT	−0.0359%	8h	1,750	+0.035%	$1.4M	$10.6M	50x	as long as short
Bitget SNDKUSDT	−0.0245%	8h	1,749	−0.019%	$49.3M	$167.1M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,749.5	+0.006%	$4.0M	$4.5M	75x	as long as short
Nado SNDK-PERP	−0.0075%	1h	1,749.8	+0.028%	$332K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0044%	8h	1,748.5	−0.048%	$6.0M	$22.5M	20x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,747	−0.135%	$1.4M	$9.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,750.6	+0.071%	$21.3M	$32.6M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,749.4	long leg	$279.7M	$1.86B	75x
Bybit SNDKUSDT	0.0000%	8h	1,749.3	−0.002%	$31.6M	$104.3M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,749.2	−0.009%	$81.8M	$822.2M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,748.5	−0.050%	$135K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,748.4	−0.057%	$178.4M	$218.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,748.8	−0.030%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,751.1	+0.100%	$273K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,747.6	−0.100%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,747.8	−0.091%	$790	$3.3M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,751.1	+0.099%	$50K	$360K	10x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,750.3	+0.053%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0006%	1h	1,745.4	−0.225%	—	$577K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,751.5	+0.122%	$727	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,749.8	+0.025%	$1.7M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,749.3	−0.003%	$1.3M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,749.6	+0.016%	$442K	$2.0M	10x	as long as short
Entropy io:SNDK	+0.0032%	1h	1,750	+0.037%	$4.5M	$19.5M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.893%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,746.4	−0.167%	$249K	$1.5M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0047%	8h	1,748.9	−0.027%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,747	−0.134%	$240K	$630K	20x	as long as short
tradeXYZ xyz:SNDKshort	+0.0050%	1h	1,746.5	−0.163%	$118.3M	$158.6M	10x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,746.5	−0.163%	$183K	$127K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,748.7	−0.035%	$715K	$521K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,749.3	−0.003%	$1.3M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,747.4	−0.110%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,748.7	−0.039%	$196K	$310K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,751.6	+0.127%	$67K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,749.5	+0.009%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,749.6	+0.016%	$425K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0127%	4h	1,751.2	+0.105%	$556K	$350K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0286%	1h	1,749	−0.021%	$127K	$344K	20x	as long as short