Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%

Price spread now: Aster against GRVT+0.059%110s7-day average +0.007% · 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—prices read too far apart to compare

costs, in and out, $10k−$230.232% of the position

Long on GRVT Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 3 days (all we have)+0.009%+$1 · spread now +0.059%, 7d avg +0.007%

Together, before fees−0.043%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$4 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 0.052% dearer against GRVT than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.007%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SNDK_USDT_Perp	1,772.3	0	get 0.0000% / 8h	1h 31m	$21K	$1.0M	10x
Short	Aster SNDKUSD1	1,773.4	0	get 0.0000% / 8h	1h 31m	$21.9M	$42.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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 GRVTbpFee AsterbpOrdersPrice spread, now +0.059%Rate

Funding earned: $0
Price spread: +0.059% → +0.007%: $5.24
Slippage, 4 orders: −$6.19
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$17.95
Costs to cover: 0.232%
Break-even: never at this rate

Slippage from GRVT: live order book, 1 min ago; Aster: live order book, 2 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 GRVT live order book, 1 min ago	1.18 bp	6.9 bp −$7	7.9 bp −$79	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	1.21 bp	5.2 bp −$5	9.2 bp −$92	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	1,773.2	+0.049%	$4.1M	$4.5M	75x	as long as short
QFEX SNDK-USD	−0.0007%	1h	1,773.2	+0.048%	$2.2M	$21.9M	10x	as long as short
Aster SNDKUSD1short	0.0000%	8h	1,773.4	+0.059%	$21.9M	$42.1M	20x
Binance SNDKUSDT	0.0000%	8h	1,773.2	+0.050%	$286.1M	$1.89B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,773.6	+0.072%	$31.8M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,773.5	+0.066%	$87.7M	$842.3M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,773.3	+0.054%	$183.3M	$241.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,773.4	+0.062%	$49.6M	$169.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,771.7	−0.039%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perplong	0.0000%	8h	1,772.3	long leg	$21K	$1.0M	10x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,771.5	−0.047%	$276K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,773.2	+0.050%	$13K	$293K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,773	+0.037%	$904	$4.0M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,773.6	+0.072%	$49K	$253K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,773.6	+0.071%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,773.5	+0.064%	$2.8M	$972K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0008%	1h	1,772.8	+0.025%	$682	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0015%	1h	1,774	+0.093%	$167K	$1.8M	20x	as long as short
Entropy io:SNDK	+0.0023%	1h	1,772.6	+0.015%	$4.5M	$20.5M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,774.1	+0.102%	$1.5M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,773.7	+0.075%	$1.4M	$10.2M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,773.1	+0.045%	$410K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.558%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,772.8	+0.027%	$284K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,773.1	+0.043%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,773.4	+0.060%	$245K	$671K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,773.4	+0.060%	$113.0M	$151.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,773	+0.037%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,773.2	+0.050%	$725K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,773.4	+0.059%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,772.8	+0.026%	$1.4M	$4.9M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0056%	1h	1,774.3	+0.111%	$441K	$2.4M	10x	as long as short
Nado SNDK-PERP	+0.0069%	1h	1,773.7	+0.075%	$316K	$1.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,773	+0.039%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,773.1	+0.043%	$213K	$290K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,772.4	+0.006%	$6.0M	$22.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,772.8	+0.027%	$68K	$268K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,772	−0.018%	$8K	$2K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0386%	1h	1,773.7	+0.078%	$129K	$415K	20x	as long as short
edgeX SNDKUSDC	+0.0972%	4h	1,771.6	−0.040%	$563K	$355K	10x	as long as short