Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.004%

Price spread now: KuCoin against Aevo−0.025%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on KuCoin

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

Funding pays, the price is against you. KuCoin is 0.025% cheaper against Aevo than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 4.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SNDK-PERP	1,763.7	0.0080	pay 0.0010% / 1h	46m 36s	$1K	—	10x
Short	KuCoin SNDKUSDTM	1,763.2	0.0100	get 0.0100% / 8h	4h 46m	$6.1M	$23.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.025%Rate

Funding earned: $4.2
Price spread: −0.025% → 0.000%: −$2.48
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$26.28
Costs to cover: 0.280%
Break-even: 50.8 days

Slippage unknown: Aevo: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago	0.82 bp	11.4 bp −$11	61.8 bp −$618	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 exchanges

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
Kraken Futures PF_SNDKUSD	−0.0127%	1h	1,763.6	−0.003%	$166K	$378K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,763.4	−0.018%	$3.9M	$4.7M	75x	as long as short
Entropy io:SNDK	−0.0005%	1h	1,763.2	−0.026%	$4.5M	$19.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,764	+0.020%	$21.5M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,763.2	−0.027%	$280.8M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,763.7	+0.003%	$31.4M	$107.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,763.9	+0.013%	$79.2M	$842.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,763.3	−0.019%	$146K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,763.6	−0.003%	$180.7M	$210.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,763.3	−0.021%	$48.5M	$172.3M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,765.2	+0.087%	$2.7M	$4.4M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,762.6	−0.061%	$22K	$2.7M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,765	+0.076%	$13K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,764.4	+0.042%	$928	$3.1M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,763.3	−0.021%	$1.5M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,764.1	+0.026%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0004%	1h	1,763.4	−0.017%	$1.5M	$9.3M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0024%	1h	1,765.3	+0.091%	$674	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,763.3	−0.019%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.8	−0.105%	$421K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.058%	$36	$4K	12x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0039%	1h	1,764.2	+0.030%	$19K	$450K	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,762.8	−0.049%	$260K	$1.4M	10x	as long as short
Phoenix SNDK	+0.0045%	1h	1,761.4	−0.129%	$274K	$178K	15x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,763.3	−0.021%	—	$570K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,763.6	−0.004%	$243K	$700K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,763	−0.038%	$122.5M	$151.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,764.5	+0.047%	$193K	$166K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,763.6	−0.007%	$722K	$529K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,764.1	+0.025%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,762.6	−0.059%	—	—	5x	as long as short
Nado SNDK-PERP	+0.0069%	1h	1,763.1	−0.032%	$321K	$1.5M	10x	as long as short
Aevo SNDK-PERPlong	+0.0080%	1h	1,763.7	long leg	$1K	—	10x
Pacifica SNDK	+0.0100%	1h	1,763.3	−0.021%	$192K	$305K	10x	as long as short
KuCoin SNDKUSDTMshort	+0.0100%	8h	1,763.2	−0.025%	$6.1M	$23.0M	20x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,762.7	−0.054%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,762.7	−0.053%	$9K	$6K	20x	as long as short
Lighter SNDK	+0.0104%	1h	1,763.9	+0.011%	$1.8M	$16.5M	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0176%	1h	1,761.9	−0.102%	$446K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0947%	4h	1,761.7	−0.113%	$560K	$339K	10x	as long as short