Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.009%

Price spread now: Arcus against SunX+0.045%7-day average −0.009% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$840.836% of the position

Long on SunX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.045%, 7d avg −0.009%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.054% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNDK-USDT	1,768.7	0	get 0.0000% / 8h	2h 46m	$814	$3.5M	20x
Short	Arcus SNDK-USD	1,769.4	0.0040	get 0.0005% / 1h	46m 56s	$263K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against SunX. 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 SunXbpFee ArcusbpOrdersPrice spread, now +0.045%Rate

Funding earned: $8.46
Price spread: +0.045% → −0.009%: $5.37
Slippage, 4 orders: −$71.07
Fee SunX: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$69.74
Costs to cover: 0.836%
Break-even: 64.7 days

Slippage from SunX: live order book, 11 min ago; Arcus: 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 SunX live order book, 11 min ago	28.06 bp	32.1 bp −$32	61.1 bp −$611	doesn't fit	doesn't fit
Sell Arcus live order book, 2 min ago	1.04 bp	12.5 bp −$13	14.3 bp −$143	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	1,768.8	+0.006%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0044%	8h	1,769.5	+0.050%	$6.1M	$22.1M	20x	as long as short
Nado SNDK-PERP	−0.0021%	1h	1,769.3	+0.035%	$336K	$1.5M	10x	as long as short
Bitget SNDKUSDT	−0.0016%	8h	1,769.9	+0.068%	$44.6M	$162.6M	75x	as long as short
Entropy io:SNDK	−0.0006%	1h	1,769.1	+0.025%	$4.7M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,768.1	−0.032%	$1.4M	$11.2M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,770	+0.077%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,769.8	+0.067%	$279.6M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,770.2	+0.088%	$31.7M	$103.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,769.6	+0.054%	$82.5M	$830.3M	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	1,769.6	+0.054%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,769.7	+0.059%	$177.5M	$228.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,772.2	+0.202%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,772.5	+0.219%	$22K	$1.7M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,770.1	+0.082%	$276K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,767.8	−0.048%	$15K	$285K	10x	as long as short
SunX SNDK-USDTlong	0.0000%	8h	1,768.7	long leg	$814	$3.5M	20x
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,767.8	−0.049%	$51K	$347K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,767.3	−0.074%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,768	−0.038%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,770.3	+0.095%	$686	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,767.2	−0.080%	—	$586K	10x	as long as short
Pacifica SNDK	+0.0024%	1h	1,768.5	−0.009%	$197K	$304K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,768.3	−0.018%	$1.3M	$9.3M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,769.4	+0.042%	$423K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.770%	$36	$9K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,769.4	+0.045%	$263K	$1.4M	10x
Popdex SNDKUSDT	+0.0048%	1h	1,768.7	+0.003%	$244K	$653K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,768.4	−0.015%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,769.4	+0.042%	$117.8M	$154.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,767.7	−0.054%	$185K	$132K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768.4	−0.014%	$1.4M	$5.1M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,773.7	+0.287%	$435K	$2.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,767.7	−0.055%	$1K	—	10x	as long as short
Lighter SNDK	+0.0096%	1h	1,769.2	+0.031%	$1.7M	$15.8M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,772.7	+0.227%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,767.5	−0.065%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,768.3	−0.017%	$128K	$355K	20x	as long as short
edgeX SNDKUSDC	+0.0156%	4h	1,771.9	+0.183%	$563K	$353K	10x	as long as short
SoDEX SNDK-USD	+0.0214%	1h	1,768.1	−0.030%	$723K	$513K	10x	as long as short