Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against GRVT+0.061%101s7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as 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−$220.224% of the position

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.046%−$5 on $10k

Price spread, last 7 days−0.032%−$3 · spread now +0.061%, 7d avg −0.011%

Together, before fees−0.078%+ Points / potential airdropGRVT: Active · farm board−$8 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: OKX is 0.072% dearer against GRVT than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.011%. The two prices were read 101 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	1,771	0	get 0.0000% / 8h	5h 07m	$25K	$2.6M	10x
Short	OKX SNDK-USDT-SWAP	1,772.1	0	get 0.0000% / 8h	5h 07m	$81.0M	$842.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.061%Rate

Funding earned: $0
Price spread: +0.061% → −0.011%: $7.21
Slippage, 4 orders: −$3.39
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$15.18
Costs to cover: 0.224%
Break-even: never at this rate

Slippage from GRVT: live order book, 4 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 GRVT live order book, 4 min ago	0.68 bp	6.4 bp −$6	9.4 bp −$94	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.28 bp	5.3 bp −$5	5.4 bp −$54	10.2 bp −$1,019	59.0 bp −$29.5K

SNDK on 40 exchanges

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
Kraken Futures PF_SNDKUSD	−0.0258%	1h	1,771.4	+0.021%	$168K	$378K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,772.4	+0.080%	$3.9M	$4.7M	75x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,771.7	+0.038%	$1.5M	$9.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,772.4	+0.076%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,772.1	+0.061%	$282.3M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,771.9	+0.050%	$31.8M	$107.1M	100x	as long as short
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,772.1	+0.061%	$81.0M	$842.4M	75x
Gate SNDK_USDT	0.0000%	8h	1,771.7	+0.039%	$181.4M	$221.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,772.1	+0.062%	$48.7M	$172.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,770.5	−0.029%	$2.7M	$4.5M	—	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perplong	0.0000%	8h	1,771	long leg	$25K	$2.6M	10x
Phoenix SNDK	0.0000%	1h	1,770.3	−0.041%	$276K	$188K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,772.1	+0.061%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,771.6	+0.032%	$735	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,771.4	+0.023%	$19K	$440K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,771.3	+0.018%	$1.5M	$9.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,772.3	+0.071%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0021%	1h	1,771.1	+0.005%	$723	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,772.3	+0.070%	$1.3M	$9.8M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,771.3	+0.018%	$410K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.634%	$36	$4K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,771	+0.001%	$257K	$1.3M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,771.8	+0.041%	—	$574K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,772.1	+0.061%	$244K	$698K	20x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,771	−0.001%	$4.5M	$19.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,771.7	+0.038%	$188K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,772.2	+0.066%	$726K	$523K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,771.8	+0.044%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,771.6	+0.032%	—	—	5x	as long as short
Nado SNDK-PERP	+0.0051%	1h	1,771.9	+0.049%	$324K	$1.5M	10x	as long as short
tradeXYZ xyz:SNDK	+0.0052%	1h	1,772	+0.055%	$122.2M	$151.0M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,771.8	+0.041%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,772	+0.055%	$193K	$310K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,771	−0.003%	$6.1M	$23.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,770.7	−0.018%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,771.8	+0.046%	$8K	$3K	20x	as long as short
Lighter SNDK	+0.0152%	1h	1,773	+0.112%	$1.8M	$16.8M	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0152%	1h	1,770.1	−0.051%	$448K	$2.2M	10x	as long as short
edgeX SNDKUSDC	+0.0446%	4h	1,770.4	−0.036%	$562K	$337K	10x	as long as short
RISEx SNDK/USDC	+0.0898%	1h	1,772.7	+0.097%	$146K	$1.5M	20x	as long as short