Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Aster−0.007%47s7-day average −0.015% · you buy dearer than you sell

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

Long on Aster Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 7 days−0.426%−$43 · spread now −0.007%, 7d avg −0.015%

Together, before fees−0.456%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board−$46 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 47 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	Aster SNDKUSD1	1,758.6	0	get 0.0000% / 8h	7h 01m	$21.4M	$32.5M	20x
Short	Ondo Perps SNDK-USD.P	1,758.5	0.0050	get 0.0006% / 1h	1m 47s	$1.4M	$5.3M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.007%Rate

Funding earned: $10.58
Price spread: −0.007% → −0.015%: $0.8
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$1.62
Costs to cover: 0.130%
Break-even: 8.1 days

Slippage unknown: Aster: live order book, 2 min ago; Ondo Perps: 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 Aster live order book, 2 min ago	1.11 bp	8.4 bp −$8	15.9 bp −$159	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo 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
Bitget SNDKUSDT	−0.0146%	8h	1,759.5	+0.048%	$49.5M	$168.1M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,758.4	−0.013%	$3.9M	$4.6M	75x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,758	−0.036%	$1.4M	$9.4M	10x	as long as short
Aster SNDKUSD1long	0.0000%	8h	1,758.6	long leg	$21.4M	$32.5M	20x
Binance SNDKUSDT	0.0000%	8h	1,758.4	−0.012%	$279.3M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,758.8	+0.013%	$31.9M	$105.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,759.6	+0.056%	$82.1M	$826.6M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,759	+0.020%	$136K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,759.3	+0.036%	$180.3M	$222.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.4	−0.013%	$2.5M	$4.8M	—	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	1,758.7	+0.007%	$21K	$2.3M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,758.5	−0.007%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,757.8	−0.047%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,758.5	−0.007%	$883	$3.2M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,758.2	−0.022%	$51K	$356K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,757.3	−0.076%	$1.4M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,758.1	−0.027%	$2.8M	$1.1M	50x	as long as short
KuCoin SNDKUSDTM	+0.0013%	8h	1,758.2	−0.026%	$6.0M	$22.6M	20x	as long as short
Nado SNDK-PERP	+0.0013%	1h	1,758.7	+0.003%	$336K	$1.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,757.8	−0.044%	$672	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,758.9	+0.018%	$1.7M	$16.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,758.4	−0.013%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,756.5	−0.122%	$389K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.351%	$36	$9K	12x	as long as short
Vest SNDK-USD-PERP	+0.0039%	1h	1,758.3	−0.018%	—	$573K	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,757.7	−0.051%	$270K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,758.4	−0.013%	$242K	$666K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,758.2	−0.024%	$119.3M	$159.3M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,758.4	−0.013%	$4.5M	$19.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,757.6	−0.058%	$185K	$130K	10x	as long as short
Ondo Perps SNDK-USD.Pshort	+0.0050%	1h	1,758.5	−0.007%	$1.4M	$5.3M	5x
Paradex SNDK-USD-PERP	+0.0051%	8h	1,758.4	−0.010%	—	—	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,757.9	−0.042%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,758.2	−0.024%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.6	+0.057%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,757.2	−0.082%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,758.7	+0.005%	$440K	$2.1M	10x	as long as short
SoDEX SNDK-USD	+0.0139%	1h	1,757.7	−0.053%	$719K	$515K	10x	as long as short
edgeX SNDKUSDC	+0.0256%	4h	1,759.1	+0.025%	$559K	$349K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0284%	1h	1,758.5	−0.009%	$128K	$336K	20x	as long as short