Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0086%/8h= +9.5% APRpaid last 24h +0.027%

Price spread now: Orderly against tradeXYZ+0.015%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Orderly

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—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SNDK	1,784.9	0.0014	pay 0.0002% / 1h	48m 30s	$114.4M	$145.6M	10x
Short	Orderly PERP_SNDK_USDC_mythos	1,785.2	0.0100	get 0.0100% / 8h	5h 48m	$8K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.015%Rate

Funding earned: $18.16
Price spread: +0.015% → 0.000%: $1.46
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$4.38
Costs to cover: 0.240%
Break-even: 8.7 days

Slippage unknown: tradeXYZ: live order book, 11 min ago; Orderly: 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 tradeXYZ live order book, 11 min ago	0.28 bp	9.3 bp −$9	9.5 bp −$95	13.3 bp −$1,328	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 39 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	−0.0097%	1h	1,785.8	+0.053%	$51K	$333K	10x	as long as short
Phoenix SNDK	−0.0090%	1h	1,786.5	+0.090%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0059%	1h	1,785.4	+0.028%	$4.9M	$20.3M	10x	as long as short
Nado SNDK-PERP	−0.0045%	1h	1,786.2	+0.073%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,784.4	−0.029%	$1.6M	$15.1M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,785.6	+0.040%	$21.8M	$37.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,785.1	+0.011%	$285.7M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,785.3	+0.023%	$32.1M	$99.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.3	+0.022%	$85.4M	$821.5M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,786.3	+0.079%	$170K	$1.8M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,785	+0.008%	$180.1M	$230.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,785.1	+0.008%	$43.8M	$163.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,785.5	+0.032%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.8	+0.050%	$21K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786	+0.062%	$15K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.1	+0.011%	$859	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,785.3	+0.025%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,785.6	+0.040%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,786.3	+0.080%	$665	$37K	5x	as long as short
tradeXYZ xyz:SNDKlong	+0.0014%	1h	1,784.9	long leg	$114.4M	$145.6M	10x
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,786	+0.059%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,785.8	+0.053%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,785.3	+0.024%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,785.8	+0.053%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.844%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.6	−0.017%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.1	+0.012%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,785.1	+0.011%	$245K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,784.7	−0.012%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784.8	−0.006%	$187K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,785.7	+0.045%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,785.9	+0.056%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,786.3	+0.081%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785.5	+0.032%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,784.9	0.000%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.1	+0.010%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,786.2	+0.072%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythosshort	+0.0100%	8h	1,785.2	+0.015%	$8K	$3K	20x
edgeX SNDKUSDC	+0.0374%	4h	1,785.6	+0.042%	$567K	$352K	10x	as long as short