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: Variational Omni against OKX−0.101%7-day average +0.009% · you buy dearer than you sell

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

Long on OKX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.063%+$6 on $10k

Price spread, last 7 days+0.089%+$9 · spread now −0.101%, 7d avg +0.009%

Together, before fees+0.152%+ Points / potential airdropVariational Omni: Active · farm board+$15 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: Variational Omni is 0.110% cheaper against OKX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SNDK-USDT-SWAP	1,763.3	0	get 0.0000% / 8h	6h 17m	$82.4M	$826.4M	75x
Short	Variational Omni SNDK	1,761.5	0	get 0.0000% / 8h	6h 17m	$2.7M	$4.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.101%Rate

Funding earned: $0
Price spread: −0.101% → +0.009%: −$10.99
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$20.99
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 4 min ago; Variational Omni: RFQ quote, 4 min ago. 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	5.5 bp −$5	6.7 bp −$67	11.8 bp −$1,181	61.8 bp −$30.9K
Sell Variational Omni RFQ quote, 4 min ago	2.38 bp	doesn't fit	3.9 bp −$39	doesn't fit	doesn't fit

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
BloFin SNDK-USDT	−0.0120%	8h	1,762.6	−0.039%	$4.0M	$4.6M	75x	as long as short
Nado SNDK-PERP	−0.0024%	1h	1,762.7	−0.035%	$325K	$1.5M	10x	as long as short
Bitget SNDKUSDT	−0.0023%	8h	1,763.2	−0.003%	$49.8M	$168.2M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.6	−0.037%	$21.5M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,763.1	−0.011%	$279.8M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.9	−0.022%	$31.6M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAPlong	0.0000%	8h	1,763.3	long leg	$82.4M	$826.4M	75x
RISEx SNDK/USDC	0.0000%	1h	1,763.1	−0.012%	$137K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,763.2	−0.003%	$181.7M	$218.8M	75x	as long as short
Variational Omni SNDKshort	0.0000%	8h	1,761.5	−0.101%	$2.7M	$4.7M	—

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,761.4	−0.108%	$274K	$189K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,763.2	−0.006%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,763.1	−0.011%	$746	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,762.2	−0.061%	$37K	$387K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,762.6	−0.040%	$1.4M	$9.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,763.1	−0.011%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	0.0000%	1h	1,762.3	−0.056%	$1.5M	$9.4M	10x	as long as short
GRVT SNDK_USDT_Perp	+0.0005%	8h	1,761.7	−0.090%	$21K	$2.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,762.5	−0.046%	$673	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.9	−0.024%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,762.2	−0.061%	$392K	$2.3M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.079%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,763.4	+0.007%	$1.7M	$16.7M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,761.9	−0.081%	$270K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,762.6	−0.039%	—	$569K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.9	−0.023%	$245K	$681K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,763.2	−0.006%	$120.1M	$155.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,762.2	−0.062%	$4.5M	$19.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,762.8	−0.028%	$186K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,762.6	−0.041%	$723K	$517K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,762.1	−0.066%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.8	−0.085%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,762.9	−0.022%	$1K	—	10x	as long as short
KuCoin SNDKUSDTM	+0.0097%	8h	1,761.4	−0.107%	$6.1M	$22.8M	20x	as long as short
Pacifica SNDK	+0.0100%	1h	1,762.1	−0.068%	$197K	$306K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,762.4	−0.050%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,762.3	−0.055%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0136%	1h	1,764.7	+0.081%	$442K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0553%	1h	1,762	−0.075%	$163K	$377K	20x	as long as short
edgeX SNDKUSDC	+0.0657%	4h	1,761.9	−0.079%	$560K	$339K	10x	as long as short