Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0076%/8h= −8.4% APRpaid last 24h −0.029%

Price spread now: Aftermath Perps against Orderly+0.138%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 Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 4 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. Aftermath Perps is 0.138% dearer against Orderly than usual: you sell high and buy low (spread +0.138% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SNDK_USDC_mythos	1,762.5	0.0100	pay 0.0100% / 8h	4h 48m	$9K	$6K	20x
Short	Aftermath Perps SNDKUSD	1,765	0.0024	get 0.0003% / 1h	48m 19s	$674	$39K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now +0.138%Rate

Funding earned: −$16.04
Price spread: +0.138% → 0.000%: $13.8
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$17.24
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Aftermath Perps: 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 Aftermath Perps no order-book sample	—	—	—	—	—

Orderly and Aftermath 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 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
Kraken Futures PF_SNDKUSD	−0.0127%	1h	1,762.8	+0.012%	$166K	$378K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762.7	+0.010%	$3.9M	$4.7M	75x	as long as short
Entropy io:SNDK	−0.0001%	1h	1,763.9	+0.077%	$4.5M	$19.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,763.2	+0.040%	$21.5M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,763.9	+0.079%	$280.9M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,763.4	+0.047%	$31.4M	$107.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,763.9	+0.077%	$78.9M	$842.3M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,764.1	+0.089%	$146K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,763.4	+0.047%	$180.7M	$210.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,763.2	+0.039%	$48.5M	$172.3M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,765.2	+0.151%	$2.7M	$4.4M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,765.9	+0.188%	$22K	$2.6M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,763.5	+0.054%	$13K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,763.4	+0.046%	$993	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,762.9	+0.018%	$19K	$447K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.4	−0.067%	$1.5M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.7	+0.010%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0004%	1h	1,762.6	+0.006%	$1.5M	$9.3M	10x	as long as short
Aftermath Perps SNDKUSDshort	+0.0024%	1h	1,765	+0.138%	$674	$39K	5x
Lighter RH SNDK	+0.0032%	1h	1,763.4	+0.048%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,762	−0.031%	$419K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.123%	$36	$4K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,761.9	−0.036%	$261K	$1.4M	10x	as long as short
Phoenix SNDK	+0.0045%	1h	1,761.4	−0.065%	$274K	$178K	15x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,761.5	−0.057%	—	$570K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,763.2	+0.037%	$243K	$700K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,763.1	+0.032%	$122.5M	$151.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,762.4	−0.008%	$193K	$165K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,762.4	−0.010%	$722K	$529K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.2	−0.076%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,762.6	+0.004%	—	—	5x	as long as short
Nado SNDK-PERP	+0.0065%	1h	1,763.1	+0.032%	$322K	$1.5M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,763.2	+0.036%	$1K	—	10x	as long as short
Lighter SNDK	+0.0096%	1h	1,764.1	+0.089%	$1.8M	$16.5M	20x	as long as short
Pacifica SNDK	+0.0100%	1h	1,763.6	+0.063%	$192K	$305K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,763.6	+0.061%	$6.1M	$23.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,766	+0.199%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythoslong	+0.0100%	8h	1,762.5	long leg	$9K	$6K	20x
Coinbase International SNDK-PERP-INTX	+0.0176%	1h	1,761.9	−0.038%	$446K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0296%	4h	1,765.3	+0.159%	$561K	$338K	10x	as long as short