Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%

Price spread now: OKX against RISEx−0.055%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$190.195% of the position

Long on RISEx Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.087%−$9 on $10k

Price spread, last 7 days+0.043%+$4 · spread now −0.055%, 7d avg −0.012%

Together, before fees−0.044%−$4 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: OKX is 0.043% cheaper against RISEx than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SNDK/USDC	1,766.9	0	get 0.0000% / 1h	7m 38s	$121K	$1.6M	20x
Short	OKX SNDK-USDT-SWAP	1,765.9	0	get 0.0000% / 8h	3h 07m	$82.0M	$826.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against RISEx. 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 RISExbpFee OKXbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → −0.012%: −$4.33
Slippage, 4 orders: −$3.45
Fee RISEx: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$23.79
Costs to cover: 0.195%
Break-even: never at this rate

Slippage from RISEx: live order book, 1 min ago; OKX: live order book, 2 min ago.

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 RISEx live order book, 1 min ago	1.44 bp	4.4 bp −$4	5.3 bp −$53	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.28 bp	5.3 bp −$5	6.8 bp −$68	15.0 bp −$1,499	70.4 bp −$35.2K

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	1,763.4	−0.194%	$3.9M	$4.4M	75x	as long as short
KuCoin SNDKUSDTM	−0.0049%	8h	1,765.5	−0.076%	$6.1M	$22.1M	20x	as long as short
Entropy io:SNDK	−0.0033%	1h	1,766.1	−0.044%	$4.8M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,765.7	−0.064%	$1.4M	$11.9M	10x	as long as short
Nado SNDK-PERP	−0.0008%	1h	1,763.9	−0.169%	$339K	$1.5M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,765.6	−0.071%	$429K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,766.6	−0.016%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,766.1	−0.045%	$280.1M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,766	−0.049%	$31.8M	$102.2M	100x	as long as short
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,765.9	−0.055%	$82.0M	$826.9M	75x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDClong	0.0000%	1h	1,766.9	long leg	$121K	$1.6M	20x
Gate SNDK_USDT	0.0000%	8h	1,765.6	−0.072%	$176.5M	$231.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,765.9	−0.055%	$44.2M	$162.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,766.5	−0.024%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,763.9	−0.169%	$10K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,765.4	−0.083%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,765.4	−0.083%	$14K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,763.4	−0.196%	$873	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,765	−0.107%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,766	−0.052%	$2.8M	$1.1M	50x	as long as short
edgeX SNDKUSDC	+0.0008%	4h	1,764.2	−0.149%	$560K	$352K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,768	+0.061%	$658	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0028%	1h	1,760.2	−0.376%	—	$582K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,766.2	−0.039%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,765.6	−0.074%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,765.5	−0.076%	$425K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.873%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,765.4	−0.086%	$263K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,766.3	−0.033%	$243K	$654K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,765.4	−0.086%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,765.3	−0.089%	$116.8M	$152.9M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,763.7	−0.180%	$184K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,764.1	−0.156%	$721K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,765.6	−0.072%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,765.7	−0.067%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,765.6	−0.070%	$196K	$296K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,770.3	+0.192%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,765.2	−0.097%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0123%	1h	1,765.7	−0.066%	$128K	$355K	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0152%	1h	1,766.2	−0.036%	$51K	$346K	10x	as long as short