Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.5% APRpaid last 24h +0.020%

Price spread now: Vest against OKX−0.247%48s7-day average +0.719% · you buy dearer than you sell

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

Long on OKX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.077%+$8 on $10k

Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.247%, 7d avg +0.719%

Together, before fees+0.049%+ Points / potential airdropVest: Active · farm board+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. Vest is 0.966% cheaper against OKX than usual: you would sell low and buy high (spread −0.247% now, against its 7-day average of +0.719%). If the spread goes back, that is −$97 on $10k: about 8 months of funding at the current rate ($0 a day). At the pace of the last 4 days (+0.077% in total) that is about 44 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SNDK-USDT-SWAP	1,761.2	0	get 0.0000% / 8h	49m 46s	$82.5M	$834.1M	75x
Short	Vest SNDK-USD-PERP	1,756.9	0.0013	get 0.0002% / 1h	49m 46s	—	$579K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.247%Rate

Funding earned: $2.82
Price spread: −0.247% → +0.719%: −$96.57
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$105.74
Costs to cover: 0.120%
Break-even: 269.3 days

Slippage unknown: OKX: live order book, 4 min ago; Vest: 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	6.6 bp −$66	12.6 bp −$1,258	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Bitget SNDKUSDT	−0.0323%	8h	1,761.7	+0.030%	$48.4M	$166.3M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,758.8	−0.135%	$3.9M	$4.6M	75x	as long as short
Nado SNDK-PERP	−0.0033%	1h	1,759.7	−0.085%	$326K	$1.5M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0017%	1h	1,759.9	−0.073%	$51K	$351K	10x	as long as short
KuCoin SNDKUSDTM	−0.0014%	8h	1,760.3	−0.049%	$6.0M	$22.3M	20x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,759.2	−0.111%	$1.4M	$10.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.3	+0.062%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,762.6	+0.077%	$279.9M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.5	+0.071%	$31.7M	$103.8M	100x	as long as short
OKX SNDK-USDT-SWAPlong	0.0000%	8h	1,761.2	long leg	$82.5M	$834.1M	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	1,760.3	−0.053%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,761.5	+0.019%	$177.3M	$228.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.6	−0.150%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,758.8	−0.138%	$21K	$2.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,758.5	−0.153%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,759.8	−0.080%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,759.5	−0.099%	$1K	$3.5M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,760.1	−0.061%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,760.7	−0.030%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,759.5	−0.095%	$740	$38K	5x	as long as short
Vest SNDK-USD-PERPshort	+0.0013%	1h	1,756.9	−0.247%	—	$579K	10x
Lighter SNDK	+0.0032%	1h	1,763.1	+0.110%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762	+0.045%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761	−0.009%	$490K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.201%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.4	−0.161%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,759.5	−0.097%	$242K	$653K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,762.2	+0.057%	$119.1M	$159.2M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,760.6	−0.034%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,758.4	−0.159%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,759.3	−0.110%	$719K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,759.1	−0.117%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,759.1	−0.119%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,759.9	−0.074%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,759.3	−0.107%	$197K	$305K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.9	−0.074%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,759.4	−0.105%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,759.6	−0.089%	$431K	$2.2M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,760.3	−0.053%	$127K	$340K	20x	as long as short
edgeX SNDKUSDC	+0.0993%	4h	1,759	−0.125%	$559K	$351K	10x	as long as short