Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: OKX against Bybit−0.009%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$2 on $10k

Price spread, last 7 days−0.002%$0 · spread now −0.009%, 7d avg −0.014%

Together, before fees−0.018%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SNDKUSDT	1,790.1	0	get 0.0000% / 8h	4h 16m	$32.6M	$100.2M	100x
Short	OKX SNDK-USDT-SWAP	1,789.9	0	get 0.0000% / 8h	4h 16m	$84.2M	$826.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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 BybitbpFee OKXbpOrdersPrice spread, now −0.009%Rate

Funding earned: $0
Price spread: −0.009% → −0.014%: $0.54
Slippage, 4 orders: −$3.83
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$24.29
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; OKX: 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 Bybit live order book, 2 min ago	0.17 bp	7.0 bp −$7	9.8 bp −$98	30.4 bp −$3,036	doesn't fit
Sell OKX live order book, 3 min ago	0.28 bp	5.3 bp −$5	5.3 bp −$53	10.3 bp −$1,028	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	1,789.9	−0.007%	$4.0M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0089%	1h	1,790	−0.003%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0081%	1h	1,790.5	+0.023%	$347K	$1.5M	10x	as long as short
Entropy io:SNDK	−0.0070%	1h	1,789.7	−0.020%	$4.9M	$19.9M	10x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,789.4	−0.036%	$1.4M	$13.2M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.244%	$439K	$2.3M	10x	as long as short
KuCoin SNDKUSDTM	−0.0013%	8h	1,789	−0.061%	$6.1M	$22.3M	20x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.9	−0.010%	$21.8M	$36.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.7	−0.019%	$285.8M	$1.79B	75x	as long as short
Bybit SNDKUSDTlong	0.0000%	8h	1,790.1	long leg	$32.6M	$100.2M	100x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,789.9	−0.009%	$84.2M	$826.7M	75x
RISEx SNDK/USDC	0.0000%	1h	1,790.8	+0.042%	$171K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.6	−0.025%	$180.3M	$231.0M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.8	−0.016%	$43.9M	$161.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,790.2	+0.010%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.9	−0.007%	$16K	$1.4M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.8	−0.015%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.9	−0.068%	$832	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,790.2	+0.007%	$51K	$345K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.3	−0.045%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.9	−0.010%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,790.2	+0.007%	$666	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.7	+0.037%	$1.7M	$15.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.5	+0.023%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.9	−0.011%	$481K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.553%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.7	−0.078%	$278K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,790.3	+0.013%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789.6	−0.025%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.4	−0.037%	$246K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,789.7	−0.021%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,790.1	+0.002%	$115.3M	$146.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.5	−0.031%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.9	−0.007%	$732K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,790.1	+0.002%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.5	−0.034%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,789.9	−0.010%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,790.6	+0.027%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789.5	−0.033%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0903%	4h	1,789.6	−0.024%	$568K	$353K	10x	as long as short