Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: Binance against Bybit−0.012%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$260.263% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 7 days+0.017%+$2 · spread now −0.012%, 7d avg +0.009%

Together, before fees+0.097%+$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.021% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SNDKUSDT	1,762.7	0	get 0.0000% / 8h	3m 47s	$31.8M	$103.5M	100x
Short	Binance SNDKUSDT	1,762.4	0	get 0.0000% / 8h	3m 47s	$279.9M	$1.86B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.012%Rate

Funding earned: $0
Price spread: −0.012% → +0.009%: −$2.13
Slippage, 4 orders: −$5.3
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$28.42
Costs to cover: 0.263%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 10 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 Bybit live order book, 5 min ago	0.40 bp	7.2 bp −$7	11.0 bp −$110	33.3 bp −$3,333	doesn't fit
Sell Binance live order book, 10 min ago	0.03 bp	5.6 bp −$6	7.1 bp −$71	18.4 bp −$1,837	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	−0.0246%	8h	1,762.6	−0.003%	$50.0M	$166.6M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,761.7	−0.057%	$4.0M	$4.6M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0039%	1h	1,762.2	−0.025%	$51K	$356K	10x	as long as short
Nado SNDK-PERP	−0.0004%	1h	1,762.6	−0.005%	$330K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0003%	8h	1,761.5	−0.064%	$6.0M	$22.6M	20x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,761.7	−0.052%	$1.4M	$9.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.4	−0.015%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDTshort	0.0000%	8h	1,762.4	−0.012%	$279.9M	$1.86B	75x
Bybit SNDKUSDTlong	0.0000%	8h	1,762.7	long leg	$31.8M	$103.5M	100x
OKX SNDK-USDT-SWAP	0.0000%	8h	1,762.4	−0.014%	$82.4M	$833.3M	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	1,763	+0.022%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,762.4	−0.017%	$179.1M	$229.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,761.1	−0.090%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,761	−0.091%	$20K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761.4	−0.071%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762.5	−0.010%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,761.9	−0.041%	$722	$3.4M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.7	−0.054%	$1.4M	$10.5M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.4	−0.015%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,759.8	−0.164%	—	$579K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0017%	1h	1,762.2	−0.023%	$673	$38K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.8	+0.008%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.7	−0.055%	$493K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.117%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,763.4	+0.041%	$1.8M	$16.4M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,760.3	−0.136%	$256K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.4	−0.014%	$242K	$651K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,762.8	+0.009%	$120.0M	$157.6M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,761.2	−0.082%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,761.2	−0.082%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,761.8	−0.049%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,761.6	−0.057%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.6	−0.060%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,762	−0.036%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.8	−0.046%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,761.2	−0.083%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,761.8	−0.047%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,762	−0.038%	$429K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,762.7	+0.005%	$126K	$340K	20x	as long as short
edgeX SNDKUSDC	+0.0436%	4h	1,760.7	−0.113%	$559K	$351K	10x	as long as short