Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.038%

Price spread now: OKX against ApeX Omni−0.029%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$370.366% of the position

Long on ApeX Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.118%−$12 on $10k

Price spread, last 3 days (all we have)+0.008%+$1 · spread now −0.029%, 7d avg −0.031%

Together, before fees−0.109%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SNDKUSDT	1,779.6	0.0100	pay 0.0013% / 1h	45m 25s	$68K	$268K	50x
Short	OKX SNDK-USDT-SWAP	1,779.1	0	get 0.0000% / 8h	45m 25s	$87.4M	$845.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against ApeX Omni. 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 ApeX OmnibpFee OKXbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$21
Price spread: −0.029% → −0.031%: $0.28
Slippage, 4 orders: −$16.64
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$57.36
Costs to cover: 0.366%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 32 min ago; OKX: live order book, 4 min ago.

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 ApeX Omni live order book, 32 min ago	7.95 bp	12.9 bp −$13	33.8 bp −$338	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.28 bp	5.3 bp −$5	6.4 bp −$64	13.0 bp −$1,299	doesn't fit

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	1,779.3	−0.019%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0037%	1h	1,778.1	−0.085%	$4.5M	$20.5M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,779	−0.035%	$2.2M	$21.8M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,779.5	−0.004%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,778.8	−0.044%	$284.5M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,779	−0.032%	$31.9M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,779.1	−0.029%	$87.4M	$845.0M	75x
Gate SNDK_USDT	0.0000%	8h	1,779.2	−0.025%	$184.3M	$239.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,779.1	−0.027%	$49.7M	$170.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,777.9	−0.099%	$2.6M	$4.7M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,779.2	−0.021%	$15K	$1.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.7	−0.051%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,779.1	−0.029%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,779.2	−0.021%	$984	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,778.9	−0.040%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,779.5	−0.007%	$2.8M	$1.0M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,778.6	−0.055%	$703	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,780.2	+0.033%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.4	−0.010%	$1.3M	$9.9M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,778.6	−0.057%	$410K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.144%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,778.9	−0.040%	$285K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.8	−0.045%	—	$670K	10x	as long as short
edgeX SNDKUSDC	+0.0048%	4h	1,778.5	−0.061%	$565K	$355K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779.1	−0.029%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,778.9	−0.040%	$113.3M	$151.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,778.9	−0.040%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,779.4	−0.010%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,779.2	−0.022%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,779.1	−0.029%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,779.1	−0.028%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,779.4	−0.012%	$442K	$2.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,779	−0.034%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,778.5	−0.060%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDTlong	+0.0100%	1h	1,779.6	long leg	$68K	$268K	50x
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,778.4	−0.066%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0184%	1h	1,780.2	+0.034%	$1.6M	$16.2M	20x	as long as short
Nado SNDK-PERP	+0.0200%	1h	1,778.9	−0.039%	$387K	$1.4M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0323%	1h	1,779.8	+0.011%	$50K	$276K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,780.2	+0.034%	$130K	$407K	20x	as long as short