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 −0.006%

Price spread now: Aster against Gate+0.116%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

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

costs, in and out, $10k−$360.355% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 7 days−0.131%−$13 · spread now +0.116%, 7d avg −0.003%

Together, before fees−0.062%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.119% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,786.5	0	get 0.0000% / 8h	4h 48m	$179.7M	$230.6M	75x
Short	Aster SNDKUSD1	1,788.6	0	get 0.0000% / 8h	4h 48m	$21.8M	$36.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now +0.116%Rate

Funding earned: $0
Price spread: +0.116% → −0.003%: $11.94
Slippage, 4 orders: −$12.53
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$23.6
Costs to cover: 0.355%
Break-even: never at this rate

Slippage from Gate: live order book, 6 min ago; Aster: live order book, 6 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 Gate live order book, 6 min ago	0.70 bp	10.0 bp −$10	17.1 bp −$171	40.9 bp −$4,090	63.9 bp −$31.9K
Sell Aster live order book, 6 min ago	1.59 bp	7.8 bp −$8	13.4 bp −$134	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
Deribit SNDK_USDC-PERPETUAL	−0.0203%	1h	1,787.2	+0.041%	$51K	$343K	10x	as long as short
Entropy io:SNDK	−0.0133%	1h	1,788	+0.085%	$4.9M	$19.9M	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,786.8	+0.018%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0089%	1h	1,789.3	+0.158%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0088%	1h	1,788.1	+0.093%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,786.6	+0.004%	$1.5M	$14.0M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.044%	$439K	$2.3M	10x	as long as short
Aster SNDKUSD1short	0.0000%	8h	1,788.6	+0.116%	$21.8M	$36.6M	20x
Binance SNDKUSDT	0.0000%	8h	1,786.7	+0.012%	$286.8M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,787.2	+0.038%	$32.4M	$99.9M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,786.4	−0.004%	$84.7M	$823.6M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,787.7	+0.071%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,786.5	long leg	$179.7M	$230.6M	75x
Bitget SNDKUSDT	0.0000%	8h	1,786.6	+0.005%	$43.8M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,787.7	+0.069%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789	+0.143%	$14K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786.5	−0.002%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.4	−0.058%	$789	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786.3	−0.010%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.6	+0.005%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,789.1	+0.145%	$666	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0004%	1h	1,786.7	+0.012%	$114.9M	$146.1M	10x	as long as short
Popdex SNDKUSDT	+0.0008%	1h	1,786.6	+0.007%	$246K	$647K	20x	as long as short
KuCoin SNDKUSDTM	+0.0022%	8h	1,787.5	+0.055%	$6.1M	$22.3M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,787.8	+0.076%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,787.7	+0.067%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,787	+0.029%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.755%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,786.9	+0.021%	$313K	$1.5M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,787	+0.028%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,786.9	+0.026%	—	$581K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,787.2	+0.038%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,786.1	−0.021%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,786.4	−0.004%	$730K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.6	+0.007%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,786.1	−0.024%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,786.9	+0.021%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,788.7	+0.123%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.6	+0.004%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0773%	4h	1,789	+0.143%	$568K	$352K	10x	as long as short