Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.021%

Price spread now: SunX against Pacifica+0.029%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$780.775% of the position

Long on Pacifica Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.029%, 7d avg −0.033%

Together, before fees−0.196%+ Points / potential airdropPacifica: Active · farm board−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.062% dearer against Pacifica than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.033%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.104% in total) that is about 4.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SNDK	1,758.7	0.0100	pay 0.0013% / 1h	58m 32s	$197K	$305K	10x
Short	SunX SNDK-USDT	1,759.2	0	get 0.0000% / 8h	58m 32s	$927	$3.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Pacifica. 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 PacificabpFee SunXbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$21
Price spread: +0.029% → −0.033%: $6.2
Slippage, 4 orders: −$61.53
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$92.33
Costs to cover: 0.775%
Break-even: never at this rate

Slippage from Pacifica: live order book, 45 min ago; SunX: live order book, 9 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 Pacifica live order book, 45 min ago	0.57 bp	7.5 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	28.04 bp	32.0 bp −$32	61.6 bp −$616	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
Bitget SNDKUSDT	−0.0284%	8h	1,758.6	−0.006%	$48.3M	$167.5M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,759.2	+0.029%	$3.9M	$4.6M	75x	as long as short
Nado SNDK-PERP	−0.0045%	1h	1,759.4	+0.037%	$327K	$1.5M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0028%	1h	1,759.8	+0.062%	$51K	$351K	10x	as long as short
KuCoin SNDKUSDTM	−0.0005%	8h	1,759.5	+0.041%	$6.0M	$22.3M	20x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,758.1	−0.035%	$1.4M	$10.1M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,759.7	+0.055%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,758.2	−0.032%	$278.6M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,758.5	−0.014%	$32.0M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,757.8	−0.052%	$82.2M	$833.9M	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	1,759.2	+0.026%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,758.5	−0.013%	$177.2M	$227.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,759.8	+0.061%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759.9	+0.066%	$20K	$2.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761	+0.129%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,759.8	+0.061%	$13K	$289K	10x	as long as short
SunX SNDK-USDTshort	0.0000%	8h	1,759.2	+0.029%	$927	$3.5M	20x
HTX SNDK-USDT	0.0000%	8h	1,759	+0.013%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,760.1	+0.078%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,760.9	+0.121%	$673	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0015%	1h	1,756.3	−0.141%	—	$579K	10x	as long as short
Polymarket Perps SNDK-USD	+0.0031%	1h	1,757.2	−0.087%	$185K	$130K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,758.9	+0.012%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,758.8	+0.003%	$490K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.345%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,759.3	+0.032%	$254K	$1.5M	10x	as long as short
Lighter SNDK	+0.0048%	1h	1,759.7	+0.054%	$1.7M	$16.2M	20x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,758.2	−0.030%	$242K	$654K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,758.8	+0.004%	$118.7M	$159.1M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,759.9	+0.067%	$4.6M	$19.6M	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,759.9	+0.065%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,758.7	−0.001%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,759	+0.016%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,759.6	+0.047%	$1K	—	10x	as long as short
Pacifica SNDKlong	+0.0100%	1h	1,758.7	long leg	$197K	$305K	10x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760.6	+0.109%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,759.4	+0.039%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,759.6	+0.052%	$431K	$2.2M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,759.8	+0.064%	$126K	$340K	20x	as long as short
edgeX SNDKUSDC	+0.0347%	4h	1,759.9	+0.067%	$559K	$353K	10x	as long as short