Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.001%

Price spread now: Injective against OKX+0.703%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 Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.138%−$14 on $10k

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 +$1 a day on $10k at the current rate, and Injective is 0.703% dearer against OKX than usual: you sell high and buy low: +$70 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.138%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SNDK-USDT-SWAP	1,787.4	0	get 0.0000% / 8h	7h 31m	$86.1M	$834.5M	75x
Short	Injective SNDK/USDC PERP	1,800	0.0033	get 0.0004% / 1h	31m 06s	$36	$9K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.703%Rate

Funding earned: $7
Price spread: +0.703% → 0.000%: $70.27
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $67.25
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: OKX: live order book, 3 min ago; Injective: 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, 3 min ago	0.28 bp	5.3 bp −$5	6.0 bp −$60	10.8 bp −$1,079	60.2 bp −$30.1K
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	1,786.3	−0.059%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.6	−0.046%	$21.8M	$44.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,786.8	−0.035%	$285.4M	$1.84B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,787.3	−0.004%	$32.0M	$100.2M	100x	as long as short
OKX SNDK-USDT-SWAPlong	0.0000%	8h	1,787.4	long leg	$86.1M	$834.5M	75x
Gate SNDK_USDT	0.0000%	8h	1,786.5	−0.050%	$182.6M	$234.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,786.6	−0.043%	$47.5M	$168.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,786.6	−0.044%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,783.5	−0.216%	$10K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,783.2	−0.235%	$278K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SNDK-USD	0.0000%	1h	1,787	−0.022%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.6	−0.103%	$787	$3.8M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,787	−0.022%	$50K	$314K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,787.2	−0.014%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.2	−0.068%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,786.7	−0.040%	$2.1M	$19.9M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,787.8	+0.024%	$171K	$1.8M	20x	as long as short
Nado SNDK-PERP	+0.0004%	1h	1,787.2	−0.014%	$346K	$1.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0009%	1h	1,785.9	−0.082%	$715	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,787.8	+0.021%	$1.6M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,787.1	−0.020%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.9	−0.026%	$432K	$1.5M	10x	as long as short
Injective SNDK/USDC PERPshort	+0.0033%	1h	1,800	+0.703%	$36	$9K	12x
Arcus SNDK-USD	+0.0040%	1h	1,784.6	−0.156%	$300K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.8	−0.090%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,787.2	−0.011%	$245K	$655K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,786.8	−0.034%	$114.9M	$148.1M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,785.3	−0.117%	$4.9M	$20.1M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,786.8	−0.034%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,787	−0.025%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.8	−0.145%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,786.3	−0.061%	$1K	—	10x	as long as short
SoDEX SNDK-USD	+0.0095%	1h	1,786.3	−0.064%	$730K	$515K	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,786.5	−0.050%	$199K	$291K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.9	−0.087%	$6.1M	$21.9M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.7	−0.205%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.8	−0.088%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,785.8	−0.090%	$441K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0575%	4h	1,785.2	−0.121%	$567K	$355K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0661%	1h	1,787.4	−0.002%	$130K	$379K	20x	as long as short