Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0049%/8h= −5.4% APRpaid last 24h +0.002%

Price spread now: Bitget against Aftermath Perps+0.126%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Bitget

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—needs both histories

The price spread pays, funding is against you. Bitget is 0.126% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SNDKUSD	1,765.6	0.0012	pay 0.0002% / 1h	57m 14s	$688	$38K	5x
Short	Bitget SNDKUSDT	1,767.9	−0.0037	pay 0.0037% / 8h	2h 57m	$44.4M	$162.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.126%Rate

Funding earned: −$10.37
Price spread: +0.126% → 0.000%: $12.59
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$18.77
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Bitget: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	0.43 bp	6.9 bp −$7	10.5 bp −$105	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	1,768.1	+0.138%	$4.0M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0042%	8h	1,767.7	+0.115%	$6.1M	$22.1M	20x	as long as short
Bitget SNDKUSDTshort	−0.0037%	8h	1,767.9	+0.126%	$44.4M	$162.9M	75x
QFEX SNDK-USD	−0.0004%	1h	1,766.7	+0.060%	$1.4M	$11.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,768.9	+0.187%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,768.3	+0.151%	$279.1M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,768.6	+0.169%	$31.6M	$102.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,768.2	+0.146%	$82.6M	$830.6M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,768.1	+0.140%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,767.7	+0.115%	$176.6M	$227.6M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,763.1	−0.144%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,764.4	−0.072%	$22K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,763.4	−0.126%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,767.7	+0.117%	$14K	$285K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,767.9	+0.129%	$852	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,768.4	+0.158%	$51K	$346K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,767.3	+0.095%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,768.3	+0.149%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0003%	1h	1,767.1	+0.086%	$337K	$1.5M	10x	as long as short
Aftermath Perps SNDKUSDlong	+0.0012%	1h	1,765.6	long leg	$688	$38K	5x
Vest SNDK-USD-PERP	+0.0017%	1h	1,764.4	−0.069%	—	$592K	10x	as long as short
Pacifica SNDK	+0.0024%	1h	1,766.3	+0.035%	$196K	$298K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,768.6	+0.167%	$1.3M	$9.3M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,767.8	+0.126%	$422K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.945%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,763.9	−0.097%	$263K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,766.9	+0.072%	$244K	$655K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,766.2	+0.031%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,768	+0.134%	$117.6M	$153.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,765.2	−0.024%	$4.8M	$19.9M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,767.1	+0.083%	$185K	$132K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,765.2	−0.024%	$1.4M	$5.1M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,761.4	−0.242%	$432K	$2.3M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,767.5	+0.108%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,764.2	−0.079%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,767.6	+0.114%	$8K	$3K	20x	as long as short
SoDEX SNDK-USD	+0.0105%	1h	1,766.2	+0.030%	$722K	$513K	10x	as long as short
Lighter SNDK	+0.0120%	1h	1,769.3	+0.209%	$1.8M	$15.7M	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,768.4	+0.156%	$128K	$355K	20x	as long as short
edgeX SNDKUSDC	+0.0816%	4h	1,763	−0.149%	$560K	$353K	10x	as long as short