Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h −0.001%

Price spread now: Gate against tradeXYZ−0.001%7-day average +0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$400.403% of the position

Long on tradeXYZ Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days+0.048%+$5 · spread now −0.001%, 7d avg +0.055%

Together, before fees−0.011%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.056% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.001% now, against its 7-day average of +0.055%). If the spread goes back, that is −$6 on $10k: about 3.6 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SNDK	1,788.6	−0.0052	get 0.0006% / 1h	59m 11s	$114.9M	$146.5M	10x
Short	Gate SNDK_USDT	1,788.6	0	get 0.0000% / 8h	6h 59m	$182.1M	$230.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against tradeXYZ. 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 tradeXYZbpFee GatebpOrdersPrice spread, now −0.001%Rate

Funding earned: $10.91
Price spread: −0.001% → +0.055%: −$5.6
Slippage, 4 orders: −$7.33
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$35.01
Costs to cover: 0.403%
Break-even: 29.5 days

Slippage from tradeXYZ: live order book, 11 min ago; Gate: live order book, 5 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 tradeXYZ live order book, 11 min ago	0.28 bp	9.3 bp −$9	10.7 bp −$107	14.9 bp −$1,486	doesn't fit
Sell Gate live order book, 5 min ago	0.70 bp	10.3 bp −$10	22.4 bp −$224	37.4 bp −$3,743	63.8 bp −$31.9K

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
Entropy io:SNDK	−0.0263%	1h	1,789.5	+0.050%	$4.8M	$20.4M	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,788.9	+0.015%	$4.1M	$4.5M	75x	as long as short
tradeXYZ xyz:SNDKlong	−0.0052%	1h	1,788.6	long leg	$114.9M	$146.5M	10x
Popdex SNDKUSDT	−0.0032%	1h	1,789.2	+0.034%	$246K	$644K	20x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,788.8	+0.011%	$1.9M	$18.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.8	+0.067%	$21.8M	$42.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,788.7	+0.007%	$287.0M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789.3	+0.037%	$32.1M	$99.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,788.6	0.000%	$86.7M	$831.9M	75x	as long as short
Gate SNDK_USDTshort	0.0000%	8h	1,788.6	−0.001%	$182.1M	$230.1M	75x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,788.7	+0.005%	$47.8M	$164.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.2	+0.035%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,788.9	+0.015%	$21K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,789.8	+0.067%	$279K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.2	+0.034%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,787.6	−0.058%	$593	$3.7M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.2	+0.031%	$51K	$328K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.2	+0.031%	$1.5M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,788.5	−0.006%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0005%	1h	1,790.2	+0.087%	$348K	$1.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0006%	1h	1,790.3	+0.094%	$746	$37K	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0010%	1h	1,788.5	−0.006%	$1.4M	$5.1M	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,790	+0.075%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.6	+0.054%	$1.3M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.6	+0.056%	$457K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.635%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,789	+0.024%	$306K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789.1	+0.025%	—	$585K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,789.2	+0.035%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,788.8	+0.011%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,788.8	+0.009%	$731K	$515K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.7	+0.004%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,792.4	+0.211%	$442K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,789.3	+0.038%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,789	+0.021%	$6.1M	$21.8M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.1	+0.027%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.8	+0.013%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0131%	1h	1,789.4	+0.047%	$130K	$366K	20x	as long as short
edgeX SNDKUSDC	+0.0164%	4h	1,789.4	+0.045%	$568K	$354K	10x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,790.1	+0.082%	$171K	$1.8M	20x	as long as short