Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0032%/8hpaid last 24h −0.023%

Price spread now: Binance against Extended−0.039%7-day average +0.022% · 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−$32as in the Price arb table

costs, in and out, $10k−$260.256% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.079%+$8 on $10k

Price spread, last 1 day (all we have)+0.112%+$11 · spread now −0.039%, 7d avg +0.022%

Together, before fees+0.191%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.061% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.022%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.079%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SNDK_24_5-USD	1,759.3	0.0032	pay 0.0004% / 1h	4m 51s	$402K	$1.7M	10x
Short	Binance SNDKUSDT	1,758.6	0	get 0.0000% / 8h	4h 04m	$285.2M	$1.85B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now −0.039%Rate

Funding earned: −$6.72
Price spread: −0.039% → +0.022%: −$6.07
Slippage, 4 orders: −$10.57
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$38.36
Costs to cover: 0.256%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; Binance: live order book, 14 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 Extended live order book, 3 min ago	2.82 bp	6.9 bp −$7	21.3 bp −$213	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	0.03 bp	5.7 bp −$6	5.8 bp −$58	14.7 bp −$1,471	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	1,759.8	+0.029%	$4.2M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0045%	1h	1,758.5	−0.046%	$275K	$162K	15x	as long as short
QFEX SNDK-USD	−0.0009%	1h	1,759.2	−0.009%	$2.2M	$22.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,759.2	−0.007%	$21.7M	$40.1M	20x	as long as short
Binance SNDKUSDTshort	0.0000%	8h	1,758.6	−0.039%	$285.2M	$1.85B	75x
Bybit SNDKUSDT	0.0000%	8h	1,758.6	−0.041%	$32.2M	$101.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,758.4	−0.052%	$87.5M	$816.0M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,758.9	−0.026%	$127K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,757.9	−0.078%	$190.6M	$239.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,758.5	−0.046%	$50.9M	$167.2M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,758.7	−0.034%	$2.6M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759.2	−0.003%	$9K	$877K	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,758.7	−0.037%	$13K	$294K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,758.1	−0.069%	$888	$4.0M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,758.4	−0.051%	$48K	$188K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,759	−0.017%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,759.5	+0.009%	$2.8M	$832K	50x	as long as short
Entropy io:SNDK	+0.0025%	1h	1,758	−0.074%	$4.4M	$20.0M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,767	+0.435%	$1.7M	$15.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,767	+0.437%	$1.3M	$10.3M	10x	as long as short
Extended SNDK_24_5-USDlong	+0.0032%	1h	1,759.3	long leg	$402K	$1.7M	10x
Coinbase International SNDK-PERP-INTX	+0.0032%	1h	1,760.5	+0.069%	$434K	$2.3M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.311%	$36	$19K	12x	as long as short
Aftermath Perps SNDKUSD	+0.0038%	1h	1,757.7	−0.092%	$697	$36K	5x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,757.4	−0.110%	$294K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,758.4	−0.052%	—	$656K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,758.6	−0.040%	$242K	$649K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,757.9	−0.079%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,758.5	−0.046%	$110.9M	$146.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,758.7	−0.035%	$196K	$184K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,758.3	−0.057%	$719K	$529K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,755.6	−0.211%	$1.4M	$4.3M	5x	as long as short
Nado SNDK-PERP	+0.0057%	1h	1,758.3	−0.056%	$353K	$1.3M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,758.2	−0.064%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,757.5	−0.104%	$194K	$236K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,758.4	−0.053%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760.1	+0.047%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,758.4	−0.052%	$8K	$1K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0478%	1h	1,758.6	−0.040%	$128K	$399K	20x	as long as short
edgeX SNDKUSDC	+0.0873%	4h	1,761.2	+0.106%	$557K	$344K	10x	as long as short