Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.007%

Price spread now: Aevo against Orderly+0.042%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Aevo is 0.042% dearer against Orderly than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SNDK_USDC_mythos	1,748.5	0.0100	pay 0.0100% / 8h	7h 34m	$8K	$3K	20x
Short	Aevo SNDK-PERP	1,749.2	0.0080	get 0.0010% / 1h	34m 41s	$1K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Orderly. 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 OrderlybpFee AevobpOrdersPrice spread, now +0.042%Rate

Funding earned: −$4.2
Price spread: +0.042% → 0.000%: $4.22
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$21.98
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Aevo: 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 Orderly no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Orderly and Aevo: 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
GRVT SNDK_USDT_Perp	−0.0845%	8h	1,750.4	+0.111%	$21K	$2.2M	10x	as long as short
HTX SNDK-USDT	−0.0412%	8h	1,749.8	+0.077%	$1.4M	$10.5M	50x	as long as short
Bitget SNDKUSDT	−0.0246%	8h	1,749.2	+0.039%	$49.3M	$167.0M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,749.5	+0.057%	$4.0M	$4.5M	75x	as long as short
Nado SNDK-PERP	−0.0080%	1h	1,750	+0.085%	$329K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0044%	8h	1,749.5	+0.061%	$6.0M	$22.5M	20x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,750	+0.089%	$1.4M	$9.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,749.9	+0.082%	$21.3M	$32.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,748.9	+0.023%	$279.6M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,748.6	+0.006%	$31.6M	$104.2M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,747.1	−0.078%	$82.0M	$820.5M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,750	+0.088%	$136K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,749.1	+0.038%	$178.4M	$218.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,748.8	+0.020%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,751.1	+0.150%	$273K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,749.8	+0.078%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,750.5	+0.118%	$942	$3.3M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,749.7	+0.068%	$50K	$360K	10x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,749.8	+0.073%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0006%	1h	1,747.5	−0.054%	—	$577K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,752.2	+0.211%	$727	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,749	+0.031%	$1.7M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,748.2	−0.017%	$1.2M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,749.2	+0.039%	$448K	$2.0M	10x	as long as short
Entropy io:SNDK	+0.0032%	1h	1,750	+0.088%	$4.5M	$19.5M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.945%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,748.7	+0.013%	$250K	$1.5M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0047%	8h	1,748.9	+0.023%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,750.1	+0.093%	$241K	$630K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,749	+0.030%	$118.5M	$158.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,749.4	+0.053%	$184K	$127K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,749.4	+0.054%	$715K	$521K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,749.3	+0.047%	$1.3M	$5.2M	5x	as long as short
Aevo SNDK-PERPshort	+0.0080%	1h	1,749.2	+0.042%	$1K	—	10x
Pacifica SNDK	+0.0100%	1h	1,748.7	+0.011%	$196K	$310K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,751.6	+0.178%	$67K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythoslong	+0.0100%	8h	1,748.5	long leg	$8K	$3K	20x
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,749.2	+0.039%	$426K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0127%	4h	1,751.2	+0.155%	$556K	$350K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0285%	1h	1,750	+0.089%	$127K	$344K	20x	as long as short