Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.009%

Price spread now: Gate against Extended−0.001%7-day average +0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$300.301% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$10 on $10k

Price spread, last 7 days+0.017%+$2 · spread now −0.001%, 7d avg +0.037%

Together, before fees−0.078%+ Points / potential airdropExtended: Active · farm board−$8 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 Gate is 0.037% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.037%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SNDK_24_5-USD	1,789.5	0.0032	pay 0.0004% / 1h	0m 52s	$460K	$1.6M	10x
Short	Gate SNDK_USDT	1,789.5	0	get 0.0000% / 8h	7h 00m	$182.3M	$236.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.001%Rate

Funding earned: −$6.72
Price spread: −0.001% → +0.037%: −$3.75
Slippage, 4 orders: −$10.12
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$40.58
Costs to cover: 0.301%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; Gate: live order book, 3 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	0.06 bp	2.6 bp −$3	9.9 bp −$99	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	0.70 bp	10.3 bp −$10	22.4 bp −$224	37.4 bp −$3,743	63.8 bp −$31.9K

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
Deribit SNDK_USDC-PERPETUAL	−0.0186%	1h	1,789.1	−0.020%	$51K	$328K	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,789.1	−0.020%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.7	+0.013%	$21.8M	$42.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.3	−0.010%	$287.1M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790.3	+0.046%	$32.1M	$99.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,789.8	+0.016%	$86.7M	$832.5M	75x	as long as short
Gate SNDK_USDTshort	0.0000%	8h	1,789.5	−0.001%	$182.3M	$236.0M	75x
Bitget SNDKUSDT	0.0000%	8h	1,788.9	−0.032%	$47.8M	$164.3M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.2	−0.016%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,791.4	+0.103%	$21K	$1.1M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,790.9	+0.078%	$279K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.6	+0.005%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.1	−0.079%	$926	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.6	−0.049%	$1.5M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.5	−0.001%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,789	−0.029%	$1.9M	$18.5M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,790.2	+0.037%	$171K	$1.8M	20x	as long as short
Nado SNDK-PERP	+0.0005%	1h	1,791.1	+0.087%	$348K	$1.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0006%	1h	1,790.6	+0.060%	$714	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.8	+0.075%	$1.7M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.3	+0.046%	$1.4M	$9.7M	10x	as long as short
Extended SNDK_24_5-USDlong	+0.0032%	1h	1,789.5	long leg	$460K	$1.6M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.584%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,789.4	−0.004%	$306K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789.3	−0.012%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.6	+0.005%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,790.4	+0.048%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,788.9	−0.034%	$114.9M	$146.5M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,789.6	+0.005%	$4.8M	$20.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.4	−0.006%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.6	+0.003%	$732K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,788.9	−0.034%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789	−0.031%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,790	+0.030%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,789.3	−0.014%	$6.1M	$21.8M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.1	−0.023%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.9	−0.033%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,792.4	+0.161%	$442K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0164%	4h	1,789.4	−0.005%	$568K	$354K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0660%	1h	1,790.1	+0.036%	$130K	$366K	20x	as long as short