Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.025%

Price spread now: Gate against Aevo+0.140%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 Gate

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—needs both histories

The price spread pays, funding is against you. Gate is 0.140% dearer against Aevo than usual: you sell high and buy low (spread +0.140% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SNDK-PERP	1,777.1	0.0080	pay 0.0010% / 1h	57m 00s	$1K	—	10x
Short	Gate SNDK_USDT	1,779.6	0	get 0.0000% / 8h	7h 57m	$183.2M	$231.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.140%Rate

Funding earned: −$16.8
Price spread: +0.140% → 0.000%: $14.03
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$33.77
Costs to cover: 0.310%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Gate: 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 Gate live order book, 2 min ago	1.24 bp	9.6 bp −$10	27.5 bp −$275	46.3 bp −$4,625	67.9 bp −$34.0K

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	1,780.1	+0.168%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0110%	1h	1,777	−0.007%	$4.6M	$20.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,779.6	+0.141%	$21.9M	$46.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,779.8	+0.151%	$284.1M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,780	+0.163%	$32.0M	$101.4M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,780.5	+0.190%	$86.7M	$838.8M	75x	as long as short
Gate SNDK_USDTshort	0.0000%	8h	1,779.6	+0.140%	$183.2M	$231.9M	75x
Bitget SNDKUSDT	0.0000%	8h	1,780	+0.163%	$47.8M	$169.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,776.2	−0.055%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,776.9	−0.013%	$19K	$1.1M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,777.9	+0.044%	$277K	$195K	15x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,777.5	+0.020%	$949	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,779.5	+0.131%	$50K	$310K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,779.6	+0.140%	$1.5M	$11.0M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,780.2	+0.172%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,778.6	+0.085%	$2.2M	$21.5M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,779.6	+0.139%	$175K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,776.8	−0.018%	$751	$37K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,780.4	+0.181%	$1.3M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,775.8	−0.073%	$419K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.285%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,776.3	−0.048%	$285K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.7	+0.086%	—	$670K	10x	as long as short
Lighter SNDK	+0.0048%	1h	1,780.7	+0.199%	$1.5M	$15.9M	20x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779.2	+0.117%	$246K	$663K	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,776.9	−0.013%	$186K	$142K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.3	+0.068%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,777.3	+0.010%	$1.4M	$4.9M	5x	as long as short
Nado SNDK-PERP	+0.0069%	1h	1,779.3	+0.125%	$354K	$1.4M	10x	as long as short
Aevo SNDK-PERPlong	+0.0080%	1h	1,777.1	long leg	$1K	—	10x
Pacifica SNDK	+0.0100%	1h	1,777.6	+0.027%	$212K	$279K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,778.1	+0.052%	$6.1M	$22.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,777.1	−0.002%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,778.8	+0.095%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,779.9	+0.157%	$440K	$2.4M	10x	as long as short
SoDEX SNDK-USD	+0.0132%	1h	1,778.1	+0.053%	$727K	$527K	10x	as long as short
Bullet SNDK-USD	+0.0139%	1h	1,779.2	+0.117%	$14K	$290K	10x	as long as short
edgeX SNDKUSDC	+0.0237%	4h	1,776.3	−0.046%	$564K	$353K	10x	as long as short
tradeXYZ xyz:SNDK	+0.0251%	1h	1,777.3	+0.010%	$114.0M	$152.8M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0663%	1h	1,779.9	+0.154%	$129K	$400K	20x	as long as short