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 +0.002%

Price spread now: Aster against OKX−0.016%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$250.251% of the position

Long on OKX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 7 days+0.025%+$2 · spread now −0.016%, 7d avg +0.007%

Together, before fees+0.019%+ Points / potential airdropAster: Stage 5 · farm board+$2 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 0.022% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SNDK-USDT-SWAP	1,789.8	0	get 0.0000% / 8h	4h 42m	$84.7M	$825.7M	75x
Short	Aster SNDKUSD1	1,789.5	0	get 0.0000% / 8h	4h 42m	$21.8M	$37.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now −0.016%Rate

Funding earned: $0
Price spread: −0.016% → +0.007%: −$2.25
Slippage, 4 orders: −$7.07
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$27.32
Costs to cover: 0.251%
Break-even: never at this rate

Slippage from OKX: live order book, 2 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 OKX live order book, 2 min ago	0.28 bp	5.3 bp −$5	6.7 bp −$67	9.7 bp −$969	39.3 bp −$19.7K
Sell Aster live order book, 2 min ago	1.59 bp	6.2 bp −$6	11.0 bp −$110	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	1,789.3	−0.027%	$4.1M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0111%	1h	1,788.9	−0.050%	$4.9M	$19.9M	10x	as long as short
Nado SNDK-PERP	−0.0106%	1h	1,790.4	+0.034%	$310K	$1.5M	10x	as long as short
Phoenix SNDK	−0.0089%	1h	1,788.5	−0.073%	$279K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,789.2	−0.033%	$1.5M	$13.8M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.229%	$439K	$2.3M	10x	as long as short
Aster SNDKUSD1short	0.0000%	8h	1,789.5	−0.016%	$21.8M	$37.4M	20x
Binance SNDKUSDT	0.0000%	8h	1,789.6	−0.011%	$287.1M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790.3	+0.028%	$32.5M	$100.0M	100x	as long as short
OKX SNDK-USDT-SWAPlong	0.0000%	8h	1,789.8	long leg	$84.7M	$825.7M	75x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,790.4	+0.032%	$170K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.6	−0.010%	$180.1M	$230.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.3	−0.028%	$43.8M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,787.3	−0.141%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,787.7	−0.120%	$12K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.7	−0.006%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.5	−0.073%	$943	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.9	+0.008%	$51K	$344K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.4	−0.079%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.4	−0.024%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,789.4	−0.020%	$666	$37K	5x	as long as short
KuCoin SNDKUSDTM	+0.0019%	8h	1,788.8	−0.058%	$6.1M	$22.3M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.5	+0.040%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.1	+0.018%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.7	−0.005%	$450K	$1.7M	10x	as long as short
tradeXYZ xyz:SNDK	+0.0032%	1h	1,789.8	0.000%	$115.1M	$146.3M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.568%	$36	$9K	12x	as long as short
Popdex SNDKUSDT	+0.0040%	1h	1,789.4	−0.022%	$246K	$647K	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,786.9	−0.165%	$313K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,790.1	+0.017%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789.5	−0.018%	—	$581K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789.6	−0.013%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.2	−0.034%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,788.7	−0.060%	$731K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,788	−0.101%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.9	−0.050%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,789.4	−0.021%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,788.1	−0.098%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.6	−0.066%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0668%	4h	1,786.9	−0.160%	$568K	$353K	10x	as long as short