Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.017%

Price spread now: OKX against Extended−0.023%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

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

costs, in and out, $10k−$190.190% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 7 days+0.019%+$2 · spread now −0.023%, 7d avg +0.026%

Together, before fees−0.002%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.049% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.026%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SNDK_24_5-USD	1,790.7	0.0032	pay 0.0004% / 1h	4m 55s	$450K	$1.7M	10x
Short	OKX SNDK-USDT-SWAP	1,790.3	0	get 0.0000% / 8h	5h 04m	$85.0M	$825.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$6.72
Price spread: −0.023% → +0.026%: −$4.89
Slippage, 4 orders: −$4.03
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$30.64
Costs to cover: 0.190%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; OKX: 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, 3 min ago	1.03 bp	3.9 bp −$4	10.2 bp −$102	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.28 bp	5.3 bp −$5	5.8 bp −$58	12.0 bp −$1,203	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	1,790.2	−0.028%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,790.7	−0.001%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0048%	1h	1,790.9	+0.010%	$361K	$1.4M	10x	as long as short
Entropy io:SNDK	−0.0045%	1h	1,790	−0.040%	$4.9M	$20.0M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,789.7	−0.056%	$1.5M	$14.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,790	−0.040%	$21.8M	$35.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,790.1	−0.032%	$287.0M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790.7	+0.001%	$32.5M	$99.9M	100x	as long as short
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,790.3	−0.023%	$85.0M	$825.4M	75x
RISEx SNDK/USDC	0.0000%	1h	1,791.2	+0.025%	$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	1,790.2	−0.030%	$180.7M	$231.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,790.1	−0.035%	$44.0M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.6	−0.062%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790.1	−0.033%	$19K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,790.2	−0.030%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,789.1	−0.090%	$766	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,790.8	+0.003%	$51K	$342K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.7	−0.059%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,790.3	−0.026%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,790.8	+0.003%	$666	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0012%	1h	1,790.1	−0.034%	$114.8M	$145.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.280%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,791.5	+0.045%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,791	+0.018%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USDlong	+0.0032%	1h	1,790.7	long leg	$450K	$1.7M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.517%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.8	−0.106%	$313K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.4	−0.020%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,790.2	−0.028%	$247K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,790	−0.042%	—	—	5x	as long as short
KuCoin SNDKUSDTM	+0.0050%	8h	1,789.2	−0.085%	$6.1M	$22.1M	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.8	−0.051%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,790.2	−0.030%	$732K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.9	−0.045%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,790.7	+0.001%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.7	−0.058%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,790.2	−0.027%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.9	−0.045%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789.7	−0.057%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0650%	4h	1,789.5	−0.069%	$568K	$352K	10x	as long as short