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 +0.024%

Price spread now: Pacifica against Variational Omni+0.089%7-day average −0.028% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.048%−$5 on $10k

Price spread, last 4 days (all we have)−0.414%−$41 · spread now +0.089%, 7d avg −0.028%

Together, before fees−0.461%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board−$46 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.117% dearer against Variational Omni than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SNDK	1,760.4	0	get 0.0000% / 8h	17m 21s	$2.5M	$4.7M	—
Short	Pacifica SNDK	1,762	0.0100	get 0.0013% / 1h	17m 21s	$197K	$307K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Variational Omni. 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 Variational OmnibpFee PacificabpOrdersPrice spread, now +0.089%Rate

Funding earned: $21
Price spread: +0.089% → −0.028%: $11.71
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $24.71
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Pacifica: live order book, 21 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 2 min ago	2.41 bp	doesn't fit	6.2 bp −$62	doesn't fit	doesn't fit
Sell Pacifica live order book, 21 min ago	0.28 bp	5.5 bp −$5	doesn't fit	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	−0.0267%	8h	1,762.2	+0.100%	$48.2M	$165.9M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,761.6	+0.064%	$4.0M	$4.6M	75x	as long as short
KuCoin SNDKUSDTM	−0.0010%	8h	1,761.5	+0.059%	$6.0M	$22.5M	20x	as long as short
Nado SNDK-PERP	−0.0008%	1h	1,762.1	+0.092%	$330K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,761.8	+0.078%	$1.4M	$9.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.2	+0.100%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,762	+0.089%	$280.2M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.2	+0.099%	$31.8M	$103.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,761.9	+0.083%	$82.3M	$833.6M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,762.9	+0.139%	$120K	$1.6M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,762.1	+0.093%	$179.3M	$229.4M	75x	as long as short
Variational Omni SNDKlong	0.0000%	8h	1,760.4	long leg	$2.5M	$4.7M	—
GRVT SNDK_USDT_Perp	0.0000%	8h	1,762.2	+0.099%	$26K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761.9	+0.083%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762	+0.088%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,762	+0.087%	$888	$3.4M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.8	+0.077%	$51K	$355K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.6	+0.064%	$1.4M	$10.5M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.1	+0.092%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,761.6	+0.065%	$673	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0016%	1h	1,760	−0.025%	—	$579K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,762.8	+0.134%	$1.8M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.3	+0.106%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.5	+0.061%	$495K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.244%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,760.4	−0.002%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.1	+0.094%	$242K	$651K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,762.1	+0.094%	$119.8M	$157.8M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,761.4	+0.054%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,761.1	+0.037%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,761.9	+0.080%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,761.6	+0.066%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,762	+0.088%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,761.4	+0.057%	$1K	—	10x	as long as short
Pacifica SNDKshort	+0.0100%	1h	1,762	+0.089%	$197K	$307K	10x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,762.5	+0.117%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,761.4	+0.055%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,760.1	−0.023%	$428K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,762.3	+0.105%	$127K	$338K	20x	as long as short
edgeX SNDKUSDC	+0.0479%	4h	1,761.8	+0.077%	$560K	$351K	10x	as long as short