Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0091%/8h= +10.0% APRpaid last 24h +0.004%

Price spread now: KuCoin against Aftermath Perps+0.264%45s7-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 KuCoin

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.264% dearer against Aftermath Perps than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SNDKUSD	1,788.2	0.0009	pay 0.0001% / 1h	26m 43s	$715	$37K	5x
Short	KuCoin SNDKUSDTM	1,792.9	0.0100	get 0.0100% / 8h	7h 26m	$6.1M	$21.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.264%Rate

Funding earned: $19.21
Price spread: +0.264% → 0.000%: $26.38
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $24.58
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; KuCoin: 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 KuCoin live order book, 2 min ago	0.98 bp	12.5 bp −$13	57.1 bp −$571	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	1,792.2	+0.227%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,793.3	+0.289%	$21.8M	$44.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,792.6	+0.246%	$286.6M	$1.84B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,794	+0.325%	$32.1M	$100.2M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,793.5	+0.298%	$86.6M	$837.4M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,793.5	+0.297%	$182.8M	$235.0M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,793.5	+0.299%	$48.1M	$169.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,786.6	−0.087%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,787	−0.068%	$22K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,787.7	−0.026%	$278K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SNDK-USD	0.0000%	1h	1,792.2	+0.225%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,790.9	+0.154%	$1K	$3.8M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,792.6	+0.247%	$50K	$314K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,792.2	+0.227%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,793.1	+0.273%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,791.8	+0.201%	$2.0M	$19.8M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,792.7	+0.255%	$171K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSDlong	+0.0009%	1h	1,788.2	long leg	$715	$37K	5x
Nado SNDK-PERP	+0.0009%	1h	1,792.4	+0.236%	$347K	$1.4M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,794.2	+0.339%	$1.7M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,794	+0.323%	$1.4M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,794.1	+0.333%	$436K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.659%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.1	−0.002%	$304K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,791.1	+0.165%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,792.3	+0.231%	$246K	$647K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,793.3	+0.287%	$115.5M	$148.6M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,790.2	+0.113%	$4.9M	$20.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,792	+0.214%	$188K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,793.6	+0.306%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787	−0.066%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,791.8	+0.204%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,792.7	+0.253%	$199K	$291K	10x	as long as short
KuCoin SNDKUSDTMshort	+0.0100%	8h	1,792.9	+0.264%	$6.1M	$21.9M	20x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,790.5	+0.128%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,791.3	+0.176%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,793.7	+0.309%	$443K	$2.3M	10x	as long as short
SoDEX SNDK-USD	+0.0190%	1h	1,791.1	+0.162%	$732K	$515K	10x	as long as short
edgeX SNDKUSDC	+0.0623%	4h	1,787.8	−0.018%	$568K	$353K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0659%	1h	1,793.1	+0.274%	$130K	$379K	20x	as long as short