Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0015%/8h= +1.7% APRpaid last 24h −0.039%

Price spread now: Aftermath Perps against Variational Omni+0.020%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aftermath Perps is 0.020% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SNDK	1,776.2	0	get 0.0000% / 8h	7h 58m	$2.6M	$4.7M	—
Short	Aftermath Perps SNDKUSD	1,776.5	0.0015	get 0.0002% / 1h	58m 29s	$751	$37K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Variational Omni. 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 Variational OmnibpFee Aftermath PerpsbpOrdersPrice spread, now +0.020%Rate

Funding earned: $3.2
Price spread: +0.020% → 0.000%: $2.04
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$3.76
Costs to cover: 0.090%
Break-even: 15.2 days

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; 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 Variational Omni RFQ quote, 1 min ago	2.39 bp	doesn't fit	4.7 bp −$47	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

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 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	1,776.2	+0.002%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0075%	1h	1,777.1	+0.053%	$4.6M	$20.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,777.9	+0.097%	$21.8M	$46.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,777.7	+0.086%	$283.7M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,777.9	+0.100%	$32.0M	$105.2M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,776.9	+0.042%	$86.8M	$841.7M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,778.4	+0.129%	$183.7M	$231.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,777	+0.046%	$47.8M	$169.8M	75x	as long as short
Variational Omni SNDKlong	0.0000%	8h	1,776.2	long leg	$2.6M	$4.7M	—
GRVT SNDK_USDT_Perp	0.0000%	8h	1,776.9	+0.042%	$19K	$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	1,776.3	+0.008%	$277K	$195K	15x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,775.5	−0.035%	$856	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,776.5	+0.022%	$50K	$310K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,775.9	−0.014%	$1.5M	$11.0M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,776.2	0.000%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,778.1	+0.109%	$2.2M	$21.6M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,779.3	+0.174%	$175K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSDshort	+0.0015%	1h	1,776.5	+0.020%	$751	$37K	5x
Lighter RH SNDK	+0.0032%	1h	1,779.2	+0.170%	$1.3M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,775.8	−0.018%	$415K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.340%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,776	−0.010%	$286K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,777	+0.045%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,777.4	+0.070%	$245K	$666K	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,776.6	+0.025%	$186K	$142K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,775.9	−0.017%	$726K	$527K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.7	+0.145%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778	+0.104%	$1.4M	$5.0M	5x	as long as short
Bullet SNDK-USD	+0.0058%	1h	1,777.6	+0.082%	$14K	$290K	10x	as long as short
Lighter SNDK	+0.0072%	1h	1,780	+0.217%	$1.5M	$15.8M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,776	−0.007%	$1K	—	10x	as long as short
Nado SNDK-PERP	+0.0096%	1h	1,777.7	+0.085%	$353K	$1.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,778.4	+0.127%	$212K	$279K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,776.5	+0.019%	$6.1M	$22.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,777.1	+0.053%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,775.3	−0.046%	$8K	$3K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0115%	1h	1,776.6	+0.025%	$113.8M	$152.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,776	−0.011%	$435K	$2.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0665%	1h	1,776.6	+0.027%	$129K	$401K	20x	as long as short
edgeX SNDKUSDC	+0.0815%	4h	1,776.3	+0.006%	$564K	$356K	10x	as long as short