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 −0.008%

Price spread now: OKX against Gate+0.041%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

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

costs, in and out, $10k−$340.336% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.074%+$7 on $10k

Price spread, last 7 days−0.068%−$7 · spread now +0.041%, 7d avg −0.010%

Together, before fees+0.006%+$1 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: OKX is 0.051% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,761.1	0	get 0.0000% / 8h	1h 52m	$176.5M	$230.2M	75x
Short	OKX SNDK-USDT-SWAP	1,761.8	0	get 0.0000% / 8h	1h 52m	$82.2M	$833.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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 GatebpFee OKXbpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → −0.010%: $5.11
Slippage, 4 orders: −$8.57
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$28.46
Costs to cover: 0.336%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; OKX: live order book, 2 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 Gate live order book, 2 min ago	0.60 bp	10.8 bp −$11	17.2 bp −$172	35.7 bp −$3,573	62.2 bp −$31.1K
Sell OKX live order book, 2 min ago	0.28 bp	5.3 bp −$5	6.0 bp −$60	12.3 bp −$1,228	64.7 bp −$32.3K

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	−0.0242%	8h	1,761.5	+0.022%	$47.3M	$165.4M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762	+0.052%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0016%	8h	1,761.5	+0.022%	$6.0M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,761.6	+0.030%	$1.4M	$10.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.3	+0.069%	$21.5M	$33.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,761.5	+0.023%	$279.8M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,761.8	+0.039%	$31.7M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,761.8	+0.041%	$82.2M	$833.7M	75x
RISEx SNDK/USDC	0.0000%	1h	1,763.1	+0.117%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,761.1	long leg	$176.5M	$230.2M	75x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,761.3	+0.013%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,761.9	+0.050%	$12K	$1.9M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761.2	+0.007%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,761.5	+0.024%	$14K	$286K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,761.5	+0.023%	$875	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.2	+0.005%	$51K	$350K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.4	+0.018%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,761.4	+0.016%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,763.3	+0.126%	$656	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0016%	1h	1,759.3	−0.098%	—	$581K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,761.3	+0.015%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,760.9	−0.009%	$492K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.208%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,762	+0.052%	$1.8M	$16.2M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,761.4	+0.016%	$255K	$1.5M	10x	as long as short
Nado SNDK-PERP	+0.0041%	1h	1,762.7	+0.093%	$327K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.9	+0.047%	$242K	$675K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,760.9	−0.010%	$118.6M	$158.4M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,762.6	+0.087%	$4.7M	$19.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760.6	−0.027%	$184K	$131K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,761.1	−0.001%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,762.3	+0.073%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.3	+0.013%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,761	−0.004%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,762.4	+0.076%	$196K	$303K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,763.9	+0.161%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,760.6	−0.029%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,766.2	+0.292%	$432K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0309%	4h	1,761.9	+0.048%	$560K	$352K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0401%	1h	1,761.9	+0.048%	$127K	$347K	20x	as long as short