Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h +0.030%

Price spread now: Orderly against Aftermath Perps−0.099%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 Orderly

What this pair did over the last

the charts below follow

Funding, last 4 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. Orderly is 0.099% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.099% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.8 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SNDKUSD	1,756.6	0.0014	pay 0.0002% / 1h	46m 42s	$671	$38K	5x
Short	Orderly PERP_SNDK_USDC_mythos	1,754.9	0.0100	get 0.0100% / 8h	7h 46m	$8K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.099%Rate

Funding earned: $17.97
Price spread: −0.099% → 0.000%: −$9.86
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$6.89
Costs to cover: 0.150%
Break-even: 9.7 days

Slippage unknown: Aftermath Perps: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample	—	—	—	—	—

Aftermath Perps and Orderly: 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
GRVT SNDK_USDT_Perp	−0.0516%	8h	1,756.1	−0.030%	$23K	$2.2M	10x	as long as short
HTX SNDK-USDT	−0.0455%	8h	1,754.1	−0.144%	$1.4M	$10.5M	50x	as long as short
Bitget SNDKUSDT	−0.0241%	8h	1,754.5	−0.120%	$49.3M	$166.4M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0132%	1h	1,754.7	−0.111%	$50K	$359K	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,754.5	−0.121%	$3.9M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0111%	1h	1,755	−0.093%	$4.6M	$19.5M	10x	as long as short
Nado SNDK-PERP	−0.0082%	1h	1,755.9	−0.044%	$333K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0021%	8h	1,755.4	−0.070%	$6.0M	$22.5M	20x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,754.7	−0.110%	$1.4M	$9.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,755.9	−0.041%	$21.4M	$32.7M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SNDKUSDT	0.0000%	8h	1,754.5	−0.120%	$280.4M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,754.8	−0.104%	$31.5M	$103.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,754.8	−0.104%	$82.5M	$823.5M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,756	−0.037%	$136K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,753.7	−0.165%	$178.6M	$217.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.7	+0.120%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,754.7	−0.110%	$273K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,754.4	−0.127%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,754.9	−0.097%	$835	$3.4M	20x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,754.4	−0.129%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0011%	1h	1,752.6	−0.230%	—	$570K	10x	as long as short
Aftermath Perps SNDKUSDlong	+0.0014%	1h	1,756.6	long leg	$671	$38K	5x
Lighter SNDK	+0.0032%	1h	1,755.1	−0.088%	$1.7M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,754.9	−0.099%	$1.2M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,755.3	−0.078%	$452K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.467%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,754.3	−0.132%	$255K	$1.5M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0046%	8h	1,754.7	−0.113%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,754.6	−0.116%	$241K	$628K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,754.7	−0.110%	$119.4M	$157.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,755.4	−0.070%	$184K	$127K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,754.8	−0.106%	$718K	$521K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,755.7	−0.053%	$1.3M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,754.5	−0.121%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,754.6	−0.114%	$197K	$310K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,757.3	+0.039%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythosshort	+0.0100%	8h	1,754.9	−0.099%	$8K	$3K	20x
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,755.9	−0.043%	$426K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0285%	1h	1,754.8	−0.102%	$128K	$344K	20x	as long as short
edgeX SNDKUSDC	+0.0855%	4h	1,755.1	−0.086%	$558K	$351K	10x	as long as short