Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0087%/8h= +9.6% APRpaid last 24h −0.008%

Price spread now: Arcus against KuCoin−0.058%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$400.405% of the position

Long on KuCoin Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.034%−$3 on $10k

Price spread, last 7 days+0.063%+$6 · spread now −0.058%, 7d avg −0.043%

Together, before fees+0.029%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SNDKUSDTM	1,766.9	−0.0047	get 0.0047% / 8h	3h 04m	$6.1M	$22.1M	20x
Short	Arcus SNDK-USD	1,765.8	0.0040	get 0.0005% / 1h	4m 55s	$262K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against KuCoin. 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 KuCoinbpFee ArcusbpOrdersPrice spread, now −0.058%Rate

Funding earned: $18.33
Price spread: −0.058% → −0.043%: −$1.51
Slippage, 4 orders: −$23.99
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$23.67
Costs to cover: 0.405%
Break-even: 16.0 days

Slippage from KuCoin: live order book, 9 min ago; Arcus: live order book, 4 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 KuCoin live order book, 9 min ago	1.55 bp	12.5 bp −$13	39.4 bp −$394	doesn't fit	doesn't fit
Sell Arcus live order book, 4 min ago	1.05 bp	9.3 bp −$9	13.2 bp −$132	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	1,766.5	−0.021%	$3.9M	$4.4M	75x	as long as short
KuCoin SNDKUSDTMlong	−0.0047%	8h	1,766.9	long leg	$6.1M	$22.1M	20x
Entropy io:SNDK	−0.0031%	1h	1,766.6	−0.015%	$4.8M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,765.9	−0.054%	$1.4M	$11.9M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,766.8	−0.002%	$433K	$2.3M	10x	as long as short
Nado SNDK-PERP	−0.0004%	1h	1,766.7	−0.006%	$340K	$1.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,767.2	+0.019%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,766.7	−0.008%	$280.2M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,767.3	+0.023%	$31.7M	$102.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,766.8	−0.003%	$81.9M	$827.8M	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	1,767.2	+0.019%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,766.5	−0.023%	$177.2M	$231.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,766.9	+0.005%	$44.2M	$162.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,767.8	+0.053%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,765.5	−0.080%	$10K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,767.6	+0.042%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,766.9	+0.002%	$14K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,765.9	−0.053%	$720	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,766.4	−0.025%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,766.5	−0.022%	$2.8M	$1.1M	50x	as long as short
edgeX SNDKUSDC	+0.0008%	4h	1,764.2	−0.148%	$560K	$352K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,767.2	+0.020%	$658	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0023%	1h	1,763	−0.221%	—	$582K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,767.6	+0.040%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,767	+0.005%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,766.4	−0.023%	$424K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.873%	$36	$9K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,765.8	−0.058%	$262K	$1.5M	10x
Popdex SNDKUSDT	+0.0048%	1h	1,766.8	−0.003%	$243K	$654K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,766.7	−0.010%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,767.4	+0.031%	$117.2M	$153.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,766.2	−0.037%	$185K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,766.2	−0.038%	$722K	$514K	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0050%	1h	1,766.6	−0.014%	$51K	$346K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,766.6	−0.015%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,766.3	−0.034%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,767	+0.007%	$197K	$296K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,765.9	−0.054%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,765.4	−0.081%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,766.9	−0.001%	$128K	$355K	20x	as long as short