Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h −0.035%

Price spread now: QFEX against Variational Omni+0.012%7-day average −0.044% · you sell dearer than you buy

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

Long on Variational Omni Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.038%−$4 on $10k

Price spread, last 7 days−0.020%−$2 · spread now +0.012%, 7d avg −0.044%

Together, before fees−0.058%+ Points / potential airdropVariational Omni: Active · farm board−$6 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: QFEX is 0.055% dearer against Variational Omni than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SNDK	1,773.8	0	get 0.0000% / 8h	1h 20m	$2.6M	$4.7M	—
Short	QFEX SNDK-USD	1,774	−0.0007	pay 0.0001% / 1h	20m 16s	$2.2M	$21.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$1.55
Price spread: +0.012% → −0.044%: $5.52
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$6.02
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; QFEX: live order book, 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 Variational Omni RFQ quote, 4 min ago	2.39 bp	doesn't fit	5.6 bp −$56	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	1.16 bp	6.2 bp −$6	6.5 bp −$65	10.6 bp −$1,065	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	1,774	+0.007%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0035%	1h	1,774	+0.010%	$4.5M	$20.5M	10x	as long as short
QFEX SNDK-USDshort	−0.0007%	1h	1,774	+0.012%	$2.2M	$21.9M	10x
Aster SNDKUSD1	0.0000%	8h	1,775	+0.069%	$21.9M	$46.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,774.5	+0.039%	$285.3M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,774.5	+0.038%	$31.8M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,774.2	+0.021%	$87.5M	$842.4M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,774.3	+0.029%	$183.2M	$241.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,774.4	+0.031%	$49.6M	$169.9M	75x	as long as short
Variational Omni SNDKlong	0.0000%	8h	1,773.8	long leg	$2.6M	$4.7M	—

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,774.7	+0.049%	$21K	$1.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,774.3	+0.027%	$276K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,774.2	+0.024%	$14K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,774.1	+0.013%	$387	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,774.6	+0.045%	$49K	$259K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,774.3	+0.027%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,774.1	+0.017%	$2.8M	$980K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0008%	1h	1,774.2	+0.023%	$786	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0015%	1h	1,775.5	+0.096%	$167K	$1.8M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,775.1	+0.069%	$1.5M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,774.5	+0.040%	$1.4M	$10.2M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,774.5	+0.039%	$410K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.473%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,773.8	−0.004%	$284K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,774.2	+0.022%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,774.3	+0.027%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,774.4	+0.033%	$113.1M	$151.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,774	+0.010%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,774.1	+0.016%	$725K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,774.4	+0.030%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,773.3	−0.029%	$1.4M	$4.9M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0056%	1h	1,774.8	+0.054%	$441K	$2.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,774	+0.010%	$1K	—	10x	as long as short
Nado SNDK-PERP	+0.0092%	1h	1,774.8	+0.058%	$385K	$1.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,774.4	+0.035%	$213K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,773.7	−0.006%	$6.0M	$22.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,774.4	+0.033%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,774.1	+0.013%	$8K	$2K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0385%	1h	1,774.8	+0.056%	$129K	$413K	20x	as long as short
edgeX SNDKUSDC	+0.0941%	4h	1,774.6	+0.041%	$564K	$354K	10x	as long as short