Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0016%/8h= +1.7% APRpaid last 24h 0.000%

Price spread now: Aftermath Perps against OKX+0.158%7-day average — · you sell dearer than you buy

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

Long on OKX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aftermath Perps is 0.158% dearer against OKX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SNDK-USDT-SWAP	1,755.8	0	get 0.0000% / 8h	6h 54m	$81.9M	$826.8M	75x
Short	Aftermath Perps SNDKUSD	1,758.6	0.0016	get 0.0002% / 1h	54m 50s	$673	$39K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against OKX. 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 OKXbpFee Aftermath PerpsbpOrdersPrice spread, now +0.158%Rate

Funding earned: $3.33
Price spread: +0.158% → 0.000%: $15.8
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $0.14
Costs to cover: 0.190%
Break-even: 6.7 days

Slippage unknown: OKX: live order book, 4 min ago; Aftermath Perps: 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 OKX live order book, 4 min ago	0.28 bp	5.3 bp −$5	6.4 bp −$64	9.3 bp −$934	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	1,756.6	+0.043%	$3.9M	$4.6M	75x	as long as short
Bitget SNDKUSDT	−0.0119%	8h	1,755.6	−0.011%	$49.6M	$168.4M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,756.6	+0.045%	$21.4M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,755.8	−0.002%	$278.5M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,756.6	+0.044%	$32.0M	$105.3M	100x	as long as short
OKX SNDK-USDT-SWAPlong	0.0000%	8h	1,755.8	long leg	$81.9M	$826.8M	75x
RISEx SNDK/USDC	0.0000%	1h	1,758	+0.127%	$136K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,756	+0.011%	$180.9M	$216.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,759.7	+0.220%	$2.6M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759.8	+0.227%	$18K	$2.3M	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	1,759.4	+0.205%	$274K	$189K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,757.4	+0.091%	$13K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,757.7	+0.107%	$738	$3.2M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,756.9	+0.060%	$51K	$358K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,755.9	+0.006%	$1.4M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,757.1	+0.076%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	0.0000%	1h	1,757.5	+0.098%	$1.4M	$9.4M	10x	as long as short
Aftermath Perps SNDKUSDshort	+0.0016%	1h	1,758.6	+0.158%	$673	$39K	5x
KuCoin SNDKUSDTM	+0.0030%	8h	1,756.5	+0.039%	$6.0M	$22.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,757	+0.066%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,756.7	+0.051%	$390K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.515%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,757.6	+0.104%	$270K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,757.9	+0.120%	—	$572K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,757.4	+0.091%	$242K	$665K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,756.3	+0.028%	$119.3M	$158.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,757.2	+0.080%	$4.5M	$19.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,756.9	+0.063%	$185K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,756.6	+0.046%	$718K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,758.4	+0.148%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0052%	8h	1,758.7	+0.166%	—	—	5x	as long as short
Nado SNDK-PERP	+0.0067%	1h	1,759.4	+0.207%	$336K	$1.5M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,757.8	+0.115%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,758.2	+0.139%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760.2	+0.253%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,756.6	+0.043%	$8K	$3K	20x	as long as short
Lighter SNDK	+0.0136%	1h	1,757	+0.068%	$1.7M	$16.6M	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0136%	1h	1,757.1	+0.076%	$440K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0203%	4h	1,758.9	+0.176%	$559K	$338K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0554%	1h	1,757.3	+0.084%	$128K	$333K	20x	as long as short