Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bullet against SunX+0.053%7-day average +0.041% · 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−$79as in the Price arb table

costs, in and out, $10k−$800.797% of the position

Long on SunX Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.018%−$2 on $10k

Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.053%, 7d avg +0.041%

Together, before fees−0.013%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNDK-USDT	1,761.3	0	get 0.0000% / 8h	1h 51m	$914	$3.5M	20x
Short	Bullet SNDK-USD	1,762.2	0	get 0.0000% / 1h	51m 21s	$14K	$286K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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 BulletbpOrdersPrice spread, now +0.053%Rate

Funding earned: $0
Price spread: +0.053% → +0.041%: $1.14
Slippage, 4 orders: −$63.72
Fee SunX: 4 bp × 2 orders: −$8
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$78.58
Costs to cover: 0.797%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; Bullet: live order book, 58 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, 7 min ago	28.06 bp	32.1 bp −$32	61.1 bp −$611	doesn't fit	doesn't fit
Sell Bullet live order book, 58 min ago	1.70 bp	8.3 bp −$8	20.7 bp −$207	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	−0.0247%	8h	1,762.4	+0.061%	$47.3M	$165.4M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762	+0.040%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0015%	8h	1,761.3	+0.004%	$6.0M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,760.8	−0.024%	$1.4M	$10.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.6	+0.077%	$21.5M	$33.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,761.9	+0.037%	$279.9M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.2	+0.055%	$31.7M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,762.1	+0.047%	$82.2M	$834.3M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,762.1	+0.050%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,762.2	+0.052%	$176.6M	$230.3M	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	1,761.3	+0.002%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,762.6	+0.077%	$12K	$1.9M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761.2	−0.004%	$274K	$193K	15x	as long as short
Bullet SNDK-USDshort	0.0000%	1h	1,762.2	+0.053%	$14K	$286K	10x
SunX SNDK-USDTlong	0.0000%	8h	1,761.3	long leg	$914	$3.5M	20x
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,762.1	+0.048%	$51K	$350K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.4	+0.007%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,761.4	+0.005%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,762.9	+0.091%	$656	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0016%	1h	1,759.2	−0.120%	—	$581K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,761.5	+0.012%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.2	−0.003%	$495K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.197%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,761.1	−0.007%	$255K	$1.5M	10x	as long as short
Nado SNDK-PERP	+0.0043%	1h	1,761.5	+0.012%	$327K	$1.5M	10x	as long as short
Lighter SNDK	+0.0048%	1h	1,762.2	+0.054%	$1.8M	$16.2M	20x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.8	+0.030%	$242K	$675K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,761.8	+0.030%	$118.6M	$158.4M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,761.8	+0.030%	$4.7M	$19.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760.8	−0.027%	$184K	$131K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,761.3	+0.001%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,761	−0.017%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.3	+0.002%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,761.8	+0.029%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.5	+0.010%	$196K	$303K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,762.4	+0.066%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,761.6	+0.020%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,766.2	+0.280%	$432K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0148%	4h	1,761.1	−0.009%	$559K	$352K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0401%	1h	1,762.2	+0.052%	$127K	$347K	20x	as long as short