Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.029%

Price spread now: Aster against Aevo+0.002%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SNDK-PERP	1,787.4	0.0080	pay 0.0010% / 1h	36m 54s	$1K	—	10x
Short	Aster SNDKUSD1	1,787.5	0	get 0.0000% / 8h	5h 36m	$21.8M	$37.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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 AevobpFee AsterbpOrdersPrice spread, now +0.002%Rate

Funding earned: −$16.8
Price spread: +0.002% → 0.000%: $0.25
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: −$40.55
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Aster: live order book, 2 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 Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 2 min ago	1.20 bp	6.4 bp −$6	9.6 bp −$96	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,787.7	+0.013%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,786.4	−0.058%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0071%	1h	1,786.2	−0.069%	$4.9M	$20.2M	10x	as long as short
Nado SNDK-PERP	−0.0047%	1h	1,788.1	+0.036%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,786.8	−0.038%	$1.5M	$14.9M	10x	as long as short
Aster SNDKUSD1short	0.0000%	8h	1,787.5	+0.002%	$21.8M	$37.5M	20x
Binance SNDKUSDT	0.0000%	8h	1,787.4	−0.001%	$286.2M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,788	+0.030%	$32.1M	$99.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,787.7	+0.015%	$85.2M	$823.1M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,788.2	+0.043%	$170K	$1.8M	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	1,787.7	+0.015%	$180.4M	$230.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,787.4	−0.002%	$43.8M	$161.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.6	−0.159%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.5	−0.051%	$18K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,787.6	+0.009%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.8	−0.093%	$575	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,787.6	+0.008%	$51K	$338K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,787.5	+0.001%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,787.7	+0.016%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,786.3	−0.064%	$665	$37K	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.097%	$439K	$2.3M	10x	as long as short
tradeXYZ xyz:SNDK	+0.0025%	1h	1,787.7	+0.015%	$114.5M	$145.6M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,788.6	+0.064%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,788.1	+0.039%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,787.3	−0.008%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.701%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.8	−0.147%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,786.8	−0.036%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,787.6	+0.009%	$246K	$644K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,786.8	−0.033%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,787.6	+0.009%	$188K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,786.7	−0.042%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.6	−0.047%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,788	+0.029%	$130K	$352K	20x	as long as short
Aevo SNDK-PERPlong	+0.0080%	1h	1,787.4	long leg	$1K	—	10x
KuCoin SNDKUSDTM	+0.0093%	8h	1,786.6	−0.046%	$6.1M	$21.6M	20x	as long as short
Pacifica SNDK	+0.0094%	1h	1,787	−0.024%	$199K	$292K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787	−0.027%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,787.1	−0.018%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0530%	4h	1,785.1	−0.131%	$567K	$352K	10x	as long as short