Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Extended against Bybit−0.002%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$240.236% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days−0.006%−$1 · spread now −0.002%, 7d avg −0.040%

Together, before fees0.000%+ Points / potential airdropExtended: Active · farm board$0 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 0.039% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SNDKUSDT	1,790.1	0	get 0.0000% / 8h	5h 03m	$32.5M	$99.9M	100x
Short	Extended SNDK_24_5-USD	1,790.1	0.0032	get 0.0004% / 1h	3m 14s	$450K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.002%Rate

Funding earned: $6.72
Price spread: −0.002% → −0.040%: $3.87
Slippage, 4 orders: −$7.59
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$13
Costs to cover: 0.236%
Break-even: 20.5 days

Slippage from Bybit: live order book, 1 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 Bybit live order book, 1 min ago	0.08 bp	9.6 bp −$10	11.2 bp −$112	32.1 bp −$3,206	doesn't fit
Sell Extended live order book, 5 min ago	1.03 bp	3.6 bp −$4	9.6 bp −$96	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	1,789.4	−0.037%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,789.9	−0.011%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0049%	1h	1,790.2	+0.006%	$360K	$1.4M	10x	as long as short
Entropy io:SNDK	−0.0047%	1h	1,789.7	−0.022%	$4.9M	$20.0M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0040%	1h	1,789.9	−0.009%	$51K	$342K	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,788.6	−0.087%	$1.5M	$14.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.6	−0.025%	$21.8M	$35.8M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.6	−0.031%	$286.9M	$1.80B	75x	as long as short
Bybit SNDKUSDTlong	0.0000%	8h	1,790.1	long leg	$32.5M	$99.9M	100x
OKX SNDK-USDT-SWAP	0.0000%	8h	1,789.4	−0.039%	$84.9M	$825.1M	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	1,790.1	+0.001%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.4	−0.039%	$180.2M	$231.6M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789	−0.060%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.6	−0.028%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790.1	+0.001%	$19K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.4	−0.038%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,787.8	−0.131%	$720	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.1	−0.110%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.6	−0.030%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,790.3	+0.013%	$666	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0010%	1h	1,789.5	−0.034%	$114.8M	$145.8M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.246%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.8	+0.041%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.3	+0.012%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USDshort	+0.0032%	1h	1,790.1	−0.002%	$450K	$1.7M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.551%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.6	−0.085%	$313K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789.5	−0.031%	—	$581K	10x	as long as short
KuCoin SNDKUSDTM	+0.0047%	8h	1,788.9	−0.068%	$6.1M	$22.1M	20x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.1	−0.056%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,788.9	−0.068%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,788.9	−0.067%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.5	−0.036%	$731K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.8	−0.017%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,789.5	−0.031%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789	−0.062%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,788.8	−0.073%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,791	+0.050%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789	−0.062%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0142%	4h	1,789.8	−0.018%	$568K	$353K	10x	as long as short