Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h −0.014%

Price spread now: Aster against Coinbase International+0.102%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

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

costs, in and out, $10k−$310.309% of the position

Long on Coinbase International Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.102%, 7d avg −0.013%

Together, before fees+0.006%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.115% dearer against Coinbase International than usual: you sell high and buy low (spread +0.102% now, against its 7-day average of −0.013%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SNDK-PERP-INTX	1,785.7	0.0024	pay 0.0003% / 1h	36m 05s	$439K	$2.3M	10x
Short	Aster SNDKUSD1	1,787.5	0	get 0.0000% / 8h	5h 36m	$21.8M	$37.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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 Coinbase InternationalbpFee AsterbpOrdersPrice spread, now +0.102%Rate

Funding earned: −$5.04
Price spread: +0.102% → −0.013%: $11.49
Slippage, 4 orders: −$12.88
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$24.43
Costs to cover: 0.309%
Break-even: never at this rate

Slippage from Coinbase International: 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 Coinbase International live order book, 3 min ago	3.27 bp	8.3 bp −$8	10.1 bp −$101	31.3 bp −$3,133	doesn't fit
Sell Aster live order book, 3 min ago	1.20 bp	6.4 bp −$6	9.6 bp −$96	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
BloFin SNDK-USDT	−0.0120%	8h	1,787.7	+0.110%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,786.4	+0.039%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0065%	1h	1,786.6	+0.050%	$4.9M	$20.2M	10x	as long as short
Nado SNDK-PERP	−0.0044%	1h	1,788	+0.131%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,787.3	+0.087%	$1.5M	$14.9M	10x	as long as short
Aster SNDKUSD1short	0.0000%	8h	1,787.5	+0.102%	$21.8M	$37.5M	20x
Binance SNDKUSDT	0.0000%	8h	1,787.3	+0.091%	$286.0M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,787.5	+0.099%	$32.1M	$99.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,787.4	+0.095%	$85.2M	$823.0M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,788.4	+0.152%	$170K	$1.8M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,787.5	+0.101%	$180.4M	$230.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,787.4	+0.095%	$43.8M	$161.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,787.2	+0.085%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.5	+0.046%	$18K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,787.6	+0.106%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,786.5	+0.046%	$575	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,787.8	+0.119%	$51K	$338K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,787.3	+0.088%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,787.4	+0.096%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,787.1	+0.079%	$746	$37K	5x	as long as short
Coinbase International SNDK-PERP-INTXlong	+0.0024%	1h	1,785.7	long leg	$439K	$2.3M	10x
tradeXYZ xyz:SNDK	+0.0029%	1h	1,787.5	+0.101%	$114.5M	$145.6M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,788.6	+0.162%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,788	+0.128%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,787.5	+0.101%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.799%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,785.4	−0.017%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,787	+0.070%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,787.6	+0.106%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,787.4	+0.096%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,787	+0.073%	$187K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,787.2	+0.083%	$731K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.6	+0.050%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,788	+0.130%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,787.1	+0.079%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,787.6	+0.106%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0094%	8h	1,786.7	+0.054%	$6.1M	$21.7M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787	+0.071%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.6	+0.048%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0530%	4h	1,785.1	−0.034%	$567K	$352K	10x	as long as short