Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.004%

Price spread now: tradeXYZ against Variational Omni+0.016%7-day average −0.054% · you sell dearer than you buy

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

Long on Variational Omni Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.034%−$3 on $10k

Price spread, last 7 days−0.054%−$5 · spread now +0.016%, 7d avg −0.054%

Together, before fees−0.089%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.069% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SNDK	1,773.3	0	get 0.0000% / 8h	3h 16m	$2.6M	$4.7M	—
Short	tradeXYZ xyz:SNDK	1,773.6	0.0050	get 0.0006% / 1h	16m 22s	$117.4M	$152.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.016%Rate

Funding earned: $10.5
Price spread: +0.016% → −0.054%: $6.93
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$0.57
Costs to cover: 0.180%
Break-even: 7.4 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; tradeXYZ: live order book, 14 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, 3 min ago	2.40 bp	doesn't fit	6.4 bp −$64	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 14 min ago	0.28 bp	9.3 bp −$9	9.7 bp −$97	13.3 bp −$1,334	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	1,772.8	−0.028%	$4.0M	$4.4M	75x	as long as short
KuCoin SNDKUSDTM	−0.0046%	8h	1,773	−0.017%	$6.1M	$22.1M	20x	as long as short
Entropy io:SNDK	−0.0039%	1h	1,772.3	−0.058%	$4.7M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,773.9	+0.035%	$1.4M	$11.9M	10x	as long as short
Nado SNDK-PERP	−0.0016%	1h	1,774.5	+0.067%	$338K	$1.5M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,774.1	+0.042%	$434K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,773.5	+0.008%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,773.7	+0.019%	$281.1M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,773.8	+0.026%	$31.9M	$102.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,773.9	+0.032%	$82.2M	$827.8M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,774	+0.041%	$122K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,773.6	+0.013%	$177.2M	$231.1M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,773.6	+0.016%	$44.4M	$162.7M	75x	as long as short
Variational Omni SNDKlong	0.0000%	8h	1,773.3	long leg	$2.6M	$4.7M	—
GRVT SNDK_USDT_Perp	0.0000%	8h	1,772.9	−0.023%	$14K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,770.4	−0.165%	$276K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,773.6	+0.014%	$14K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,773	−0.016%	$904	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,773.5	+0.009%	$51K	$346K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,771.7	−0.093%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,772.6	−0.041%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0010%	1h	1,773	−0.018%	$660	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,775	+0.094%	$1.7M	$15.9M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,774.3	+0.054%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,772.7	−0.036%	$428K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.502%	$36	$9K	12x	as long as short
Vest SNDK-USD-PERP	+0.0040%	1h	1,770.3	−0.171%	—	$582K	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,771.1	−0.125%	$264K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,774.2	+0.049%	$244K	$652K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,774	+0.037%	—	—	5x	as long as short
tradeXYZ xyz:SNDKshort	+0.0050%	1h	1,773.6	+0.016%	$117.4M	$152.4M	10x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,773.2	−0.007%	$185K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,770.9	−0.135%	$724K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,772.1	−0.069%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,773.2	−0.006%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,774.1	+0.041%	$197K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,771.6	−0.098%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,772.8	−0.032%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,774.2	+0.051%	$128K	$353K	20x	as long as short
edgeX SNDKUSDC	+0.0582%	4h	1,772.9	−0.025%	$563K	$352K	10x	as long as short