Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.025%

Price spread now: Aevo against Gate−0.108%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.108% cheaper against Gate than usual: you would sell low and buy high (spread −0.108% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 4.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,779	0	get 0.0000% / 8h	7h 56m	$183.1M	$232.0M	75x
Short	Aevo SNDK-PERP	1,777.1	0.0080	get 0.0010% / 1h	56m 30s	$1K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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 GatebpFee AevobpOrdersPrice spread, now −0.108%Rate

Funding earned: $16.8
Price spread: −0.108% → 0.000%: −$10.76
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$24.96
Costs to cover: 0.310%
Break-even: 17.4 days

Slippage unknown: Gate: live order book, 3 min ago; Aevo: no order-book sample. Net counts fees only.

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 Gate live order book, 3 min ago	1.24 bp	13.0 bp −$13	29.0 bp −$290	45.5 bp −$4,555	64.7 bp −$32.4K
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,780.1	+0.060%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0026%	1h	1,777.9	−0.064%	$4.7M	$20.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,779.7	+0.035%	$21.9M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,780.7	+0.091%	$284.2M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,779.5	+0.023%	$32.0M	$101.4M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,779.7	+0.037%	$86.7M	$836.1M	75x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,779	long leg	$183.1M	$232.0M	75x
Bitget SNDKUSDT	0.0000%	8h	1,779.7	+0.038%	$47.8M	$169.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,776.2	−0.162%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,776.9	−0.120%	$19K	$1.1M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,777.9	−0.064%	$277K	$195K	15x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,777.5	−0.088%	$949	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,779.5	+0.024%	$50K	$310K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,779.6	+0.033%	$1.5M	$11.0M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,780.2	+0.065%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,779.3	+0.015%	$2.2M	$21.4M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,780.3	+0.071%	$175K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,777.4	−0.095%	$751	$37K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.9	+0.048%	$1.3M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,775.8	−0.180%	$419K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.176%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,777	−0.116%	$285K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,779.4	+0.017%	—	$670K	10x	as long as short
Lighter SNDK	+0.0048%	1h	1,780.8	+0.099%	$1.5M	$15.9M	20x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779.5	+0.026%	$246K	$663K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,779.1	+0.005%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,777.3	−0.098%	$1.4M	$4.9M	5x	as long as short
Polymarket Perps SNDK-USD	+0.0065%	1h	1,777.8	−0.070%	$186K	$142K	10x	as long as short
Nado SNDK-PERP	+0.0075%	1h	1,779.6	+0.032%	$353K	$1.4M	10x	as long as short
Aevo SNDK-PERPshort	+0.0080%	1h	1,777.1	−0.108%	$1K	—	10x
Pacifica SNDK	+0.0100%	1h	1,778.7	−0.019%	$212K	$279K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,778.3	−0.040%	$6.1M	$22.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,777.1	−0.110%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,778.8	−0.013%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,779.9	+0.049%	$440K	$2.4M	10x	as long as short
SoDEX SNDK-USD	+0.0132%	1h	1,778.1	−0.055%	$727K	$527K	10x	as long as short
edgeX SNDKUSDC	+0.0237%	4h	1,776.3	−0.153%	$564K	$353K	10x	as long as short
Bullet SNDK-USD	+0.0322%	1h	1,780.6	+0.088%	$14K	$290K	10x	as long as short
tradeXYZ xyz:SNDK	+0.0356%	1h	1,777.9	−0.064%	$114.1M	$152.9M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0663%	1h	1,779.9	+0.046%	$129K	$400K	20x	as long as short