Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0286%/8h= +31.3% APRpaid last 24h +0.082%

Price spread now: Kraken Futures against Aster+0.012%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs+$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$500.498% of the position

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.732%+$73 on $10k

Price spread, last 4 days (all we have)−0.199%−$20 · spread now +0.012%, 7d avg −0.001%

Together, before fees+0.533%+ Points / potential airdropAster: Stage 5 · farm board+$53 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SNDKUSD1	1,747.9	0	get 0.0000% / 8h	7h 32m	$21.3M	$32.6M	20x
Short	Kraken Futures PF_SNDKUSD	1,748.1	0.0286	get 0.0036% / 1h	32m 54s	$127K	$345K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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 AsterbpFee Kraken FuturesbpOrdersPrice spread, now +0.012%Rate

Funding earned: $60.01
Price spread: +0.012% → −0.001%: $1.34
Slippage, 4 orders: −$31.84
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $11.52
Costs to cover: 0.498%
Break-even: 5.7 days

Slippage from Aster: live order book, 6 min ago; Kraken Futures: live order book, 65 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 Aster live order book, 6 min ago	1.54 bp	10.2 bp −$10	16.3 bp −$163	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 65 min ago	2.55 bp	18.0 bp −$18	41.8 bp −$418	doesn't fit	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
GRVT SNDK_USDT_Perp	−0.0530%	8h	1,749.5	+0.096%	$21K	$2.2M	10x	as long as short
HTX SNDK-USDT	−0.0322%	8h	1,747.5	−0.022%	$1.4M	$10.6M	50x	as long as short
Bitget SNDKUSDT	−0.0244%	8h	1,746.8	−0.061%	$49.3M	$167.4M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,748.1	+0.015%	$4.0M	$4.5M	75x	as long as short
Nado SNDK-PERP	−0.0072%	1h	1,748.5	+0.034%	$331K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0046%	8h	1,747.3	−0.033%	$6.0M	$22.6M	20x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,747.5	−0.022%	$1.4M	$9.6M	10x	as long as short
Aster SNDKUSD1long	0.0000%	8h	1,747.9	long leg	$21.3M	$32.6M	20x
Binance SNDKUSDT	0.0000%	8h	1,747	−0.051%	$279.7M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,746.9	−0.055%	$31.5M	$104.4M	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	1,746.5	−0.078%	$81.9M	$821.2M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,748.7	+0.049%	$135K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,747.3	−0.030%	$178.4M	$218.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,748.8	+0.055%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,749	+0.065%	$272K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,747.7	−0.011%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,748	+0.009%	$701	$3.3M	20x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,748.8	+0.056%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0006%	1h	1,745.4	−0.138%	—	$577K	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0007%	1h	1,748.5	+0.037%	$50K	$360K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,750.9	+0.174%	$766	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,748.7	+0.049%	$1.7M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,748.6	+0.042%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,747.4	−0.027%	$444K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.981%	$36	$9K	12x	as long as short
Entropy io:SNDK	+0.0039%	1h	1,749.3	+0.082%	$4.5M	$19.5M	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,747.1	−0.046%	$249K	$1.5M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0047%	8h	1,747.2	−0.040%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,748.1	+0.014%	$240K	$631K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,747.6	−0.015%	$118.4M	$158.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,747.4	−0.026%	$184K	$127K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,748.1	+0.015%	$715K	$521K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,750.1	+0.128%	$1.3M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,747.1	−0.045%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,747.9	+0.002%	$196K	$310K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,751.6	+0.213%	$67K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,747.6	−0.017%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,749.6	+0.101%	$425K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSDshort	+0.0286%	1h	1,748.1	+0.012%	$127K	$345K	20x
edgeX SNDKUSDC	+0.0695%	4h	1,749.3	+0.083%	$556K	$351K	10x	as long as short