Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h −0.009%

Price spread now: OKX against tradeXYZ+0.028%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$300.296% of the position

Long on tradeXYZ Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days−0.004%$0 · spread now +0.028%, 7d avg +0.044%

Together, before fees+0.012%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SNDK	1,784.3	0.0006	pay 0.0001% / 1h	37m 35s	$114.2M	$146.5M	10x
Short	OKX SNDK-USDT-SWAP	1,784.8	0	get 0.0000% / 8h	6h 37m	$85.7M	$830.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against tradeXYZ. 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 tradeXYZbpFee OKXbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$1.32
Price spread: +0.028% → +0.044%: −$1.62
Slippage, 4 orders: −$1.62
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee OKX: 5 bp × 2 orders: −$10
Net: −$32.57
Costs to cover: 0.296%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 12 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 tradeXYZ live order book, 12 min ago	0.28 bp	9.8 bp −$10	10.8 bp −$108	13.8 bp −$1,378	doesn't fit
Sell OKX live order book, 2 min ago	0.28 bp	5.3 bp −$5	5.7 bp −$57	11.1 bp −$1,113	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
BloFin SNDK-USDT	−0.0120%	8h	1,788	+0.208%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0091%	1h	1,784.9	+0.034%	$4.9M	$20.3M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0086%	1h	1,783.6	−0.038%	$51K	$328K	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,786.8	+0.140%	$278K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,784.4	+0.003%	$1.8M	$17.2M	10x	as long as short
Nado SNDK-PERP	−0.0001%	1h	1,785	+0.042%	$360K	$1.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,785.4	+0.060%	$21.7M	$39.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,784.4	+0.005%	$286.2M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,784.9	+0.032%	$32.0M	$100.0M	100x	as long as short
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,784.8	+0.028%	$85.7M	$830.3M	75x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,784.2	−0.003%	$180.4M	$231.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,784.4	+0.004%	$44.0M	$167.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,786.9	+0.147%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,783.2	−0.064%	$15K	$1.1M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,783	−0.072%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,782.2	−0.118%	$994	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,782.9	−0.080%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,783.7	−0.035%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,786.6	+0.129%	$671	$37K	5x	as long as short
tradeXYZ xyz:SNDKlong	+0.0006%	1h	1,784.3	long leg	$114.2M	$146.5M	10x
Lighter SNDK	+0.0032%	1h	1,785.3	+0.058%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,784.9	+0.033%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,785.3	+0.054%	$469K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.878%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.1	−0.012%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,784	−0.016%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,784.6	+0.017%	$246K	$645K	20x	as long as short
edgeX SNDKUSDC	+0.0049%	4h	1,783.4	−0.049%	$566K	$352K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,784.2	−0.008%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784.1	−0.011%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,783.6	−0.042%	$729K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.6	+0.017%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,782.9	−0.078%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,783.4	−0.049%	$437K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,784.5	+0.012%	$198K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.1	+0.043%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.2	−0.061%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,782.7	−0.091%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,783.6	−0.037%	$130K	$364K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,785.1	+0.044%	$171K	$1.8M	20x	as long as short