Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0005%/8h= −0.6% APRpaid last 24h −0.004%

Price spread now: Aster against Aftermath Perps0.000%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SNDKUSD	1,788.4	0.0005	pay 0.0001% / 1h	57m 54s	$666	$38K	5x
Short	Aster SNDKUSD1	1,788.4	0	get 0.0000% / 8h	3h 57m	$21.8M	$35.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aftermath Perps. 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 Aftermath PerpsbpFee AsterbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$1.11
Price spread: 0.000% → 0.000%: −$0.02
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$18.14
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Aster: live order book, 6 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Aster live order book, 6 min ago	1.31 bp	5.4 bp −$5	9.8 bp −$98	doesn't fit	doesn't fit

Aftermath Perps: 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	−0.078%	$4.0M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0089%	1h	1,788.4	0.000%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0035%	1h	1,787.5	−0.050%	$349K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0028%	8h	1,787.5	−0.049%	$6.1M	$22.2M	20x	as long as short
Entropy io:SNDK	−0.0019%	1h	1,787.6	−0.045%	$4.9M	$19.9M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,787.3	−0.064%	$1.4M	$12.8M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,791.9	+0.193%	$437K	$2.3M	10x	as long as short
Aster SNDKUSD1short	0.0000%	8h	1,788.4	0.000%	$21.8M	$35.1M	20x
Binance SNDKUSDT	0.0000%	8h	1,787	−0.081%	$284.8M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,787.4	−0.059%	$32.4M	$100.8M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,786.4	−0.112%	$83.9M	$825.4M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,788.3	−0.005%	$171K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,786.8	−0.088%	$180.4M	$228.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,786.8	−0.092%	$43.8M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,788.1	−0.019%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,788	−0.022%	$12K	$1.5M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,787	−0.078%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.5	−0.160%	$711	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,787.1	−0.071%	$51K	$345K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786.5	−0.106%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,787	−0.081%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSDlong	+0.0005%	1h	1,788.4	long leg	$666	$38K	5x
Lighter SNDK	+0.0032%	1h	1,787.9	−0.028%	$1.7M	$15.5M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,787.6	−0.045%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,787.5	−0.049%	$441K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.647%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,786.6	−0.100%	$278K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,786.8	−0.089%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,787.3	−0.061%	$246K	$648K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,787.6	−0.046%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,787.4	−0.056%	$118.4M	$149.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,786.8	−0.089%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,787.2	−0.070%	$731K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.3	−0.117%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,786.8	−0.092%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,787.9	−0.027%	$199K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,788.2	−0.014%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.6	−0.103%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,787.8	−0.035%	$130K	$352K	20x	as long as short
edgeX SNDKUSDC	+0.0203%	4h	1,787.8	−0.031%	$568K	$353K	10x	as long as short