Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%

Price spread now: Aster against Bullet+0.066%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$250.254% of the position

Long on Bullet Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.023%+$2 on $10k

Price spread, last 4 days (all we have)+0.104%+$10 · spread now +0.066%, 7d avg +0.006%

Together, before fees+0.127%+ Points / potential airdropAster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.061% dearer against Bullet than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SNDK-USD	1,783.5	0	get 0.0000% / 1h	51m 05s	$14K	$288K	10x
Short	Aster SNDKUSD1	1,784.7	0	get 0.0000% / 8h	3h 51m	$21.8M	$34.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bullet. 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 BulletbpFee AsterbpOrdersPrice spread, now +0.066%Rate

Funding earned: $0
Price spread: +0.066% → +0.006%: $6.07
Slippage, 4 orders: −$9.36
Fee Bullet: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$19.29
Costs to cover: 0.254%
Break-even: never at this rate

Slippage from Bullet: live order book, 3 min ago; Aster: live order book, 3 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 Bullet live order book, 3 min ago	0.56 bp	6.3 bp −$6	20.8 bp −$208	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	1.65 bp	6.5 bp −$7	11.5 bp −$115	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
Entropy io:SNDK	−0.0138%	1h	1,784.3	+0.046%	$4.9M	$19.8M	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,783	−0.028%	$4.0M	$4.4M	75x	as long as short
Nado SNDK-PERP	−0.0059%	1h	1,784.2	+0.039%	$349K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0037%	8h	1,783.5	+0.003%	$6.1M	$22.1M	20x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,783.3	−0.009%	$1.4M	$12.6M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,785.5	+0.116%	$436K	$2.3M	10x	as long as short
Aster SNDKUSD1short	0.0000%	8h	1,784.7	+0.066%	$21.8M	$34.3M	20x
Binance SNDKUSDT	0.0000%	8h	1,782.3	−0.068%	$283.7M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,782.8	−0.037%	$32.3M	$100.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,782.8	−0.038%	$83.5M	$823.7M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,784.5	+0.057%	$171K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,783.1	−0.024%	$180.0M	$228.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,782.8	−0.039%	$43.8M	$161.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,783.1	−0.024%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785	+0.086%	$17K	$1.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,785.3	+0.102%	$278K	$193K	15x	as long as short
Bullet SNDK-USDlong	0.0000%	1h	1,783.5	long leg	$14K	$288K	10x
SunX SNDK-USDT	0.0000%	8h	1,782.2	−0.070%	$1K	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,784	+0.026%	$51K	$345K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,783.2	−0.018%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,782.9	−0.031%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,785.8	+0.133%	$701	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,784	+0.028%	$1.7M	$15.5M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,784	+0.028%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,783.5	+0.001%	$438K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.924%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.2	+0.038%	$277K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,782.9	−0.035%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,784	+0.029%	$246K	$648K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,783.4	−0.005%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,783.1	−0.021%	$118.0M	$149.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,783.6	+0.007%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,783.5	−0.002%	$729K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.6	+0.063%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,783.2	−0.018%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,783.7	+0.013%	$198K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,785	+0.085%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,782.5	−0.055%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,784	+0.030%	$130K	$352K	20x	as long as short
edgeX SNDKUSDC	+0.0187%	4h	1,784.5	+0.056%	$567K	$352K	10x	as long as short