Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.023%

Price spread now: Variational Omni against RISEx+0.005%7-day average −0.005% · you sell dearer than you buy

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

Long on RISEx Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.020%−$2 on $10k

Price spread, last 4 days (all we have)+0.399%+$40 · spread now +0.005%, 7d avg −0.005%

Together, before fees+0.379%+ Points / potential airdropVariational Omni: Active · farm board+$38 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SNDK/USDC	1,792.3	0.0004	pay 0.0000% / 1h	25m 36s	$171K	$1.8M	20x
Short	Variational Omni SNDK	1,792.4	0	get 0.0000% / 8h	7h 25m	$2.6M	$4.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.005%Rate

Funding earned: −$0.84
Price spread: +0.005% → −0.005%: $1.02
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$5.81
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 3 min ago; Variational Omni: RFQ quote, 4 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 RISEx live order book, 3 min ago	0.92 bp	3.9 bp −$4	6.0 bp −$60	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	2.40 bp	doesn't fit	5.1 bp −$51	doesn't fit	doesn't fit

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
Deribit SNDK_USDC-PERPETUAL	−0.0146%	1h	1,793.7	+0.078%	$50K	$314K	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,792.2	−0.002%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,792.5	+0.012%	$21.8M	$43.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,791.4	−0.050%	$286.4M	$1.84B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,792.2	−0.004%	$32.1M	$100.2M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,791.5	−0.043%	$86.6M	$835.9M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,791.7	−0.033%	$182.6M	$235.1M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,791.4	−0.049%	$48.0M	$169.1M	75x	as long as short
Variational Omni SNDKshort	0.0000%	8h	1,792.4	+0.005%	$2.6M	$4.6M	—
GRVT SNDK_USDT_Perp	0.0000%	8h	1,787	−0.297%	$22K	$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	1,787.7	−0.255%	$278K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,792.9	+0.035%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,792	−0.017%	$905	$3.8M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,793.3	+0.057%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,793.7	+0.078%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,791	−0.072%	$2.0M	$19.7M	10x	as long as short
RISEx SNDK/USDClong	+0.0004%	1h	1,792.3	long leg	$171K	$1.8M	20x
Nado SNDK-PERP	+0.0008%	1h	1,794.6	+0.131%	$355K	$1.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0008%	1h	1,789.1	−0.179%	$684	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,792.6	+0.020%	$1.7M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,792.2	−0.002%	$1.4M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,791.8	−0.028%	$438K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.429%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,790.2	−0.117%	$305K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,792.9	+0.035%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,792.7	+0.024%	$246K	$647K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,791.8	−0.026%	$115.3M	$148.8M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,790.2	−0.115%	$4.9M	$20.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,792.6	+0.018%	$188K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,791.5	−0.041%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,793.6	+0.074%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,793	+0.040%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,791.4	−0.050%	$199K	$291K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,792.1	−0.011%	$6.1M	$21.9M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,790.5	−0.101%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,792.4	+0.004%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,793	+0.038%	$442K	$2.3M	10x	as long as short
SoDEX SNDK-USD	+0.0231%	1h	1,792.5	+0.012%	$733K	$515K	10x	as long as short
edgeX SNDKUSDC	+0.0623%	4h	1,787.8	−0.247%	$568K	$353K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0658%	1h	1,793.7	+0.078%	$130K	$379K	20x	as long as short