Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.015%

Price spread now: Aster against Extended+0.056%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$250.253% of the position

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 7 days−0.028%−$3 · spread now +0.056%, 7d avg +0.033%

Together, before fees−0.053%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.023% dearer against Extended than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.033%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.026% in total) that is about 6.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SNDK_24_5-USD	1,762	0.0032	pay 0.0004% / 1h	14m 43s	$428K	$1.9M	10x
Short	Aster SNDKUSD1	1,763	0	get 0.0000% / 8h	2h 14m	$21.5M	$33.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$6.72
Price spread: +0.056% → +0.033%: $2.26
Slippage, 4 orders: −$12.27
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$29.72
Costs to cover: 0.253%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; Aster: live order book, 4 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 Extended live order book, 4 min ago	2.52 bp	8.7 bp −$9	15.2 bp −$152	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	1.02 bp	5.9 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
Bitget SNDKUSDT	−0.0338%	8h	1,762.7	+0.039%	$46.3M	$164.0M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,761.1	−0.053%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0035%	8h	1,761.5	−0.027%	$6.0M	$22.1M	20x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,760	−0.114%	$1.4M	$10.6M	10x	as long as short
Aster SNDKUSD1short	0.0000%	8h	1,763	+0.056%	$21.5M	$33.4M	20x
Binance SNDKUSDT	0.0000%	8h	1,762.3	+0.017%	$279.9M	$1.84B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.3	+0.016%	$31.8M	$103.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,763.3	+0.073%	$81.9M	$829.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,761.2	−0.048%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,762.1	+0.006%	$176.0M	$231.4M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,759.7	−0.130%	$2.5M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,763.2	+0.068%	$13K	$1.8M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761	−0.058%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,760.4	−0.092%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,760.2	−0.102%	$868	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,760.3	−0.099%	$51K	$347K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,760.2	−0.106%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,761	−0.061%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0006%	1h	1,760.5	−0.089%	$327K	$1.5M	10x	as long as short
edgeX SNDKUSDC	+0.0007%	4h	1,762.9	+0.047%	$560K	$353K	10x	as long as short
Vest SNDK-USD-PERP	+0.0008%	1h	1,758.2	−0.216%	—	$581K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,761.2	−0.045%	$655	$37K	5x	as long as short
Pacifica SNDK	+0.0024%	1h	1,762.3	+0.016%	$196K	$303K	10x	as long as short
Entropy io:SNDK	+0.0027%	1h	1,761.4	−0.035%	$4.7M	$19.8M	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,761.9	−0.005%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USDlong	+0.0032%	1h	1,762	long leg	$428K	$1.9M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.153%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,760.3	−0.099%	$262K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,760.3	−0.098%	$242K	$665K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,761.6	−0.024%	$118.6M	$157.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,759.2	−0.160%	$184K	$131K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,761	−0.061%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,762.1	+0.002%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,762.4	+0.022%	$1.3M	$5.1M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,763.3	+0.072%	$435K	$2.3M	10x	as long as short
Lighter SNDK	+0.0080%	1h	1,762.6	+0.033%	$1.7M	$16.3M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,760.1	−0.110%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,761.2	−0.045%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,760	−0.114%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,760.5	−0.084%	$127K	$347K	20x	as long as short