Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h −0.009%

Price spread now: Arcus against Bitget−0.092%7-day average −0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$350.355% of the position

Long on Bitget Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.003%$0 on $10k

Price spread, last 7 days+0.043%+$4 · spread now −0.092%, 7d avg −0.074%

Together, before fees+0.040%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SNDKUSDT	1,772.1	−0.0020	get 0.0020% / 8h	2h 50m	$44.7M	$162.8M	75x
Short	Arcus SNDK-USD	1,770.5	0.0040	get 0.0005% / 1h	50m 11s	$264K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Bitget. 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 BitgetbpFee ArcusbpOrdersPrice spread, now −0.092%Rate

Funding earned: $12.66
Price spread: −0.092% → −0.074%: −$1.85
Slippage, 4 orders: −$18.95
Fee Bitget: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$24.64
Costs to cover: 0.355%
Break-even: 20.6 days

Slippage from Bitget: live order book, 4 min ago; Arcus: 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 Bitget live order book, 4 min ago	0.42 bp	7.7 bp −$8	12.4 bp −$124	15.3 bp −$1,535	doesn't fit
Sell Arcus live order book, 4 min ago	1.02 bp	11.8 bp −$12	13.3 bp −$133	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	1,772	−0.004%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0043%	8h	1,772.4	+0.014%	$6.1M	$22.1M	20x	as long as short
Nado SNDK-PERP	−0.0022%	1h	1,773.3	+0.066%	$338K	$1.5M	10x	as long as short
Bitget SNDKUSDTlong	−0.0020%	8h	1,772.1	long leg	$44.7M	$162.8M	75x
QFEX SNDK-USD	−0.0004%	1h	1,772.6	+0.028%	$1.4M	$11.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,773.3	+0.071%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,772.5	+0.024%	$280.0M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,773	+0.049%	$31.9M	$102.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,772.3	+0.011%	$82.7M	$831.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,774	+0.106%	$121K	$1.6M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,772.5	+0.020%	$177.7M	$228.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,772.2	+0.006%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,772.7	+0.035%	$22K	$1.7M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,771.7	−0.023%	$276K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,772.5	+0.023%	$15K	$285K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,773.2	+0.060%	$982	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,772.8	+0.040%	$51K	$347K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,772.1	−0.002%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,772.3	+0.011%	$2.8M	$1.1M	50x	as long as short
Entropy io:SNDK	+0.0012%	1h	1,771.2	−0.051%	$4.8M	$19.7M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,770.7	−0.081%	$659	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0015%	1h	1,771.6	−0.030%	—	$586K	10x	as long as short
Pacifica SNDK	+0.0024%	1h	1,772.7	+0.034%	$197K	$298K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,773	+0.051%	$1.4M	$9.3M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,772.3	+0.013%	$424K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.572%	$36	$9K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,770.5	−0.092%	$264K	$1.4M	10x
Popdex SNDKUSDT	+0.0048%	1h	1,773.3	+0.068%	$244K	$654K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,772.5	+0.023%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,772.7	+0.034%	$118.0M	$153.9M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,772.1	0.000%	$185K	$132K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,772.3	+0.011%	$1.4M	$5.1M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,773.7	+0.092%	$435K	$2.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,772.2	+0.007%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,773	+0.048%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,771.5	−0.035%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,773.1	+0.056%	$128K	$355K	20x	as long as short
Lighter SNDK	+0.0128%	1h	1,773.7	+0.087%	$1.8M	$15.7M	20x	as long as short
SoDEX SNDK-USD	+0.0573%	1h	1,772.2	+0.006%	$724K	$513K	10x	as long as short
edgeX SNDKUSDC	+0.0742%	4h	1,771.1	−0.057%	$562K	$352K	10x	as long as short