Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Gate against Ondo Perps+0.025%7-day average +0.026% · you sell dearer than you buy

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

Long on Ondo Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 7 days+0.168%+$17 · spread now +0.025%, 7d avg +0.026%

Together, before fees+0.129%+ Points / potential airdropOndo Perps: Active · farm board+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps SNDK-USD.P	1,785.7	0.0050	pay 0.0006% / 1h	36m 03s	$1.4M	$5.0M	5x
Short	Gate SNDK_USDT	1,786.1	0	get 0.0000% / 8h	7h 36m	$183.1M	$234.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Ondo Perps. 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 Ondo PerpsbpFee GatebpOrdersPrice spread, now +0.025%Rate

Funding earned: −$10.58
Price spread: +0.025% → +0.026%: −$0.14
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$30.72
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 3 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Gate live order book, 3 min ago	0.73 bp	9.4 bp −$9	19.0 bp −$190	41.4 bp −$4,141	64.7 bp −$32.4K

Ondo Perps: 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	1,787	+0.071%	$4.1M	$4.5M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0103%	1h	1,786.2	+0.029%	$50K	$313K	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.5	+0.046%	$21.8M	$45.1M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,786.1	+0.020%	$285.2M	$1.84B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,786.6	+0.049%	$32.1M	$100.4M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,786.2	+0.028%	$86.2M	$834.5M	75x	as long as short
Gate SNDK_USDTshort	0.0000%	8h	1,786.1	+0.025%	$183.1M	$234.4M	75x
Bitget SNDKUSDT	0.0000%	8h	1,786	+0.015%	$47.5M	$168.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,785.4	−0.019%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.7	+0.057%	$10K	$1.1M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,786.5	+0.045%	$278K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786	+0.015%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,784.6	−0.060%	$1K	$3.8M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786.5	+0.047%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786	+0.015%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,786.2	+0.028%	$2.1M	$20.2M	10x	as long as short
Nado SNDK-PERP	+0.0003%	1h	1,787.2	+0.081%	$348K	$1.4M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,787.3	+0.092%	$171K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0010%	1h	1,787.3	+0.089%	$683	$37K	5x	as long as short
edgeX SNDKUSDC	+0.0026%	4h	1,786.9	+0.068%	$567K	$354K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,787.3	+0.088%	$1.6M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,786.8	+0.059%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.7	+0.057%	$430K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.799%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,786	+0.014%	$299K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.9	+0.011%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,786.1	+0.022%	$245K	$655K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,786.2	+0.028%	$114.8M	$147.8M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,786.1	+0.022%	$4.8M	$20.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.9	+0.011%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,786.7	+0.055%	—	—	5x	as long as short
Ondo Perps SNDK-USD.Plong	+0.0050%	1h	1,785.7	long leg	$1.4M	$5.0M	5x
Aevo SNDK-PERP	+0.0080%	1h	1,785.7	−0.002%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,786.3	+0.032%	$199K	$291K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.9	+0.013%	$6.1M	$22.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,786.7	+0.054%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.8	+0.007%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,787.1	+0.077%	$442K	$2.3M	10x	as long as short
SoDEX SNDK-USD	+0.0186%	1h	1,786	+0.014%	$730K	$515K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0661%	1h	1,786.5	+0.045%	$130K	$378K	20x	as long as short