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: Bybit against OKX−0.016%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$270.270% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$2 on $10k

Price spread, last 7 days+0.012%+$1 · spread now −0.016%, 7d avg +0.015%

Together, before fees+0.027%+$3 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: Bybit is 0.031% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SNDK-USDT-SWAP	1,759.8	0	get 0.0000% / 8h	6h 59m	$82.4M	$827.5M	75x
Short	Bybit SNDKUSDT	1,759.5	0	get 0.0000% / 8h	6h 59m	$32.0M	$105.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.016%Rate

Funding earned: $0
Price spread: −0.016% → +0.015%: −$3.14
Slippage, 4 orders: −$5.99
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$30.12
Costs to cover: 0.270%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Bybit: 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 OKX live order book, 4 min ago	0.28 bp	5.8 bp −$6	6.7 bp −$67	11.8 bp −$1,181	doesn't fit
Sell Bybit live order book, 4 min ago	0.65 bp	7.3 bp −$7	12.7 bp −$127	32.6 bp −$3,259	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
Bitget SNDKUSDT	−0.0133%	8h	1,759.6	−0.010%	$49.7M	$168.3M	75x	as long as short
Entropy io:SNDK	−0.0128%	1h	1,759.8	0.000%	$4.5M	$19.4M	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,758.3	−0.084%	$3.9M	$4.6M	75x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,759.2	−0.034%	$1.4M	$9.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,759.6	−0.009%	$21.4M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,759.6	−0.011%	$279.5M	$1.86B	75x	as long as short
Bybit SNDKUSDTshort	0.0000%	8h	1,759.5	−0.016%	$32.0M	$105.2M	100x
OKX SNDK-USDT-SWAPlong	0.0000%	8h	1,759.8	long leg	$82.4M	$827.5M	75x
RISEx SNDK/USDC	0.0000%	1h	1,759.6	−0.013%	$136K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,759.5	−0.016%	$180.3M	$222.9M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,758.2	−0.093%	$2.6M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,758.7	−0.060%	$21K	$2.3M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,757.5	−0.131%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,760.4	+0.034%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,758.1	−0.095%	$814	$3.2M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,759.2	−0.035%	$1.4M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,760.7	+0.052%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0014%	1h	1,758.5	−0.074%	$336K	$1.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,758.4	−0.078%	$673	$38K	5x	as long as short
KuCoin SNDKUSDTM	+0.0019%	8h	1,758.5	−0.075%	$6.0M	$22.6M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,760.5	+0.042%	$1.7M	$16.5M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,759.7	−0.006%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,759.7	−0.004%	$390K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.282%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,759.1	−0.041%	$270K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0042%	1h	1,759.6	−0.010%	—	$573K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,760.2	+0.023%	$242K	$666K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,759.1	−0.040%	$119.3M	$159.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,759.1	−0.040%	$186K	$130K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,759.8	0.000%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0052%	8h	1,759.4	−0.024%	—	—	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,759.2	−0.034%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,759.4	−0.023%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.6	−0.010%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,759.4	−0.022%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,758.7	−0.062%	$440K	$2.1M	10x	as long as short
SoDEX SNDK-USD	+0.0132%	1h	1,759.5	−0.016%	$719K	$515K	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0182%	1h	1,759.7	−0.003%	$51K	$358K	10x	as long as short
edgeX SNDKUSDC	+0.0256%	4h	1,759.1	−0.042%	$559K	$349K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0284%	1h	1,760.6	+0.047%	$128K	$336K	20x	as long as short