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 −0.007%

Price spread now: Binance against SunX−0.008%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$750.746% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.208%+$21 on $10k

Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.008%, 7d avg +0.019%

Together, before fees+0.270%+$27 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: Binance is 0.026% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNDK-USDT	1,762.2	0	get 0.0000% / 8h	1h 15m	$885	$3.5M	20x
Short	Binance SNDKUSDT	1,762.1	0	get 0.0000% / 8h	1h 15m	$279.8M	$1.87B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.008%Rate

Funding earned: $0
Price spread: −0.008% → +0.019%: −$2.62
Slippage, 4 orders: −$56.62
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$77.24
Costs to cover: 0.746%
Break-even: never at this rate

Slippage from SunX: live order book, 3 min ago; Binance: live order book, 14 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, 3 min ago	28.03 bp	32.0 bp −$32	61.1 bp −$611	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	0.03 bp	5.5 bp −$6	6.9 bp −$69	16.4 bp −$1,641	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	−0.0308%	8h	1,762.1	−0.010%	$48.3M	$166.8M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762.2	−0.001%	$3.9M	$4.6M	75x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,760.9	−0.078%	$1.4M	$10.2M	10x	as long as short
KuCoin SNDKUSDTM	−0.0002%	8h	1,762	−0.013%	$6.0M	$22.2M	20x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.2	−0.001%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDTshort	0.0000%	8h	1,762.1	−0.008%	$279.8M	$1.87B	75x
Bybit SNDKUSDT	0.0000%	8h	1,762.2	−0.002%	$31.7M	$103.4M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,762	−0.014%	$82.3M	$836.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,762.6	+0.022%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,761.5	−0.041%	$177.3M	$231.5M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,761.9	−0.018%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,763.7	+0.080%	$11K	$2.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,763.8	+0.089%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762	−0.014%	$14K	$289K	10x	as long as short
SunX SNDK-USDTlong	0.0000%	8h	1,762.2	long leg	$885	$3.5M	20x
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.8	−0.023%	$51K	$351K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.2	−0.057%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.1	−0.007%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,762.6	+0.022%	$656	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0017%	1h	1,759.5	−0.155%	—	$579K	10x	as long as short
Nado SNDK-PERP	+0.0026%	1h	1,761.9	−0.018%	$326K	$1.5M	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.1	−0.011%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.5	−0.043%	$491K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.140%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,762.9	+0.036%	$1.8M	$16.3M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,762	−0.012%	$256K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.6	−0.036%	$242K	$668K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,761.3	−0.053%	$118.7M	$159.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,762.4	+0.009%	$4.7M	$19.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760.7	−0.087%	$185K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,762	−0.016%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,761.3	−0.051%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.5	−0.042%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,761.3	−0.053%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.8	−0.023%	$197K	$304K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,763.4	+0.068%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,761	−0.069%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,761	−0.072%	$431K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0186%	4h	1,763.5	+0.073%	$560K	$353K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0401%	1h	1,761.9	−0.017%	$127K	$345K	20x	as long as short