Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.013%

Price spread now: Pacifica against Gate+0.067%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$300.304% of the position

Long on Gate Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.067%, 7d avg −0.001%

Together, before fees−0.174%+ Points / potential airdropPacifica: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.069% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,789	0	get 0.0000% / 8h	5h 03m	$180.2M	$231.6M	75x
Short	Pacifica SNDK	1,790.2	0.0094	get 0.0012% / 1h	3m 45s	$199K	$287K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.067%Rate

Funding earned: $19.67
Price spread: +0.067% → −0.001%: $6.88
Slippage, 4 orders: −$7.38
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$3.83
Costs to cover: 0.304%
Break-even: 8.4 days

Slippage from Gate: live order book, 5 min ago; Pacifica: live order book, 59 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, 5 min ago	0.56 bp	8.4 bp −$8	16.7 bp −$167	37.2 bp −$3,722	59.3 bp −$29.6K
Sell Pacifica live order book, 59 min ago	0.28 bp	5.3 bp −$5	doesn't fit	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	1,790.2	+0.066%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,790.7	+0.093%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0048%	1h	1,791	+0.108%	$361K	$1.4M	10x	as long as short
Entropy io:SNDK	−0.0047%	1h	1,789.7	+0.037%	$4.9M	$20.0M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,789.7	+0.038%	$1.5M	$14.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.2	+0.009%	$21.8M	$35.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,788.7	−0.018%	$286.7M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789.5	+0.024%	$32.5M	$99.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,788.6	−0.024%	$84.9M	$824.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,791	+0.110%	$170K	$1.8M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDTlong	0.0000%	8h	1,789	long leg	$180.2M	$231.6M	75x
Bitget SNDKUSDT	0.0000%	8h	1,788.7	−0.021%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.6	+0.032%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790.1	+0.061%	$19K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.7	+0.037%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.8	−0.016%	$801	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.8	+0.044%	$51K	$342K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.9	−0.008%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.2	+0.011%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,790.6	+0.089%	$666	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0010%	1h	1,788.8	−0.013%	$114.7M	$145.8M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.186%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,790	+0.054%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.4	+0.023%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.7	+0.038%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.611%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.9	−0.009%	$313K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.2	+0.067%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.7	+0.037%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,790	+0.054%	—	—	5x	as long as short
KuCoin SNDKUSDTM	+0.0049%	8h	1,789	−0.002%	$6.1M	$22.1M	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.6	+0.032%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.5	+0.026%	$732K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.9	+0.049%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,790.1	+0.058%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.1	+0.005%	$1K	—	10x	as long as short
Pacifica SNDKshort	+0.0094%	1h	1,790.2	+0.067%	$199K	$287K	10x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.9	+0.049%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789.1	+0.001%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0650%	4h	1,789.5	+0.025%	$568K	$352K	10x	as long as short