Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0166%/8h= −18.1% APRpaid last 24h −0.020%

Price spread now: BloFin against Vest+0.026%7-day average −0.799% · you sell dearer than you buy

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

Long on Vest Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.121%−$12 on $10k

Price spread, last 3 days (all we have)−0.106%−$11 · spread now +0.026%, 7d avg −0.799%

Together, before fees−0.227%+ Points / potential airdropVest: Active · farm board−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.825% dearer against Vest than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.799%): +$83 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SNDK-USD-PERP	1,769.6	0.0046	pay 0.0006% / 1h	45m 55s	—	$670K	10x
Short	BloFin SNDK-USDT	1,770.1	−0.0120	pay 0.0120% / 8h	1h 45m	$4.1M	$4.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Vest. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 VestbpFee BloFinbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$34.79
Price spread: +0.026% → −0.799%: $82.55
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee BloFin: 6 bp × 2 orders: −$12
Net: $33.75
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; BloFin: live order book, 3 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 Vest no order-book sample	—	—	—	—	—
Sell BloFin live order book, 3 min ago	0.06 bp	6.1 bp −$6	7.5 bp −$75	doesn't fit	doesn't fit

Vest: 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-USDTshort	−0.0120%	8h	1,770.1	+0.026%	$4.1M	$4.5M	75x
QFEX SNDK-USD	−0.0007%	1h	1,770	+0.024%	$2.2M	$21.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,771.1	+0.086%	$21.8M	$39.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,770.9	+0.073%	$286.3M	$1.89B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,771	+0.077%	$31.7M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,771	+0.080%	$87.7M	$845.6M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,771	+0.078%	$183.2M	$241.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,771	+0.080%	$49.6M	$171.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,771.6	+0.114%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,771.6	+0.115%	$20K	$1.0M	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	1,771.4	+0.102%	$276K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,770.3	+0.040%	$13K	$294K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,770.1	+0.028%	$818	$4.0M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,770.7	+0.063%	$49K	$242K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,770.2	+0.035%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,770.8	+0.068%	$2.8M	$962K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0007%	1h	1,770.8	+0.070%	$755	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0015%	1h	1,771.5	+0.107%	$162K	$1.8M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,771.3	+0.098%	$1.5M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,770.9	+0.073%	$1.4M	$10.2M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,770.3	+0.040%	$410K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.716%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,769.8	+0.014%	$282K	$1.7M	10x	as long as short
Vest SNDK-USD-PERPlong	+0.0046%	1h	1,769.6	long leg	—	$670K	10x
Popdex SNDKUSDT	+0.0048%	1h	1,770.3	+0.040%	$244K	$672K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,770.7	+0.063%	$112.7M	$152.3M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,770.1	+0.029%	$4.5M	$20.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,770.2	+0.034%	$196K	$90K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,770.6	+0.056%	$724K	$550K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,770.9	+0.074%	$1.4M	$4.8M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,770.1	+0.028%	—	—	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0056%	1h	1,773.3	+0.209%	$438K	$2.4M	10x	as long as short
Nado SNDK-PERP	+0.0065%	1h	1,770.8	+0.067%	$309K	$1.3M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,770.5	+0.050%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,770.4	+0.046%	$213K	$291K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,770.4	+0.047%	$6.0M	$22.8M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,771.5	+0.110%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,769.8	+0.012%	$8K	$2K	20x	as long as short
edgeX SNDKUSDC	+0.0202%	4h	1,771.5	+0.107%	$563K	$355K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0386%	1h	1,771.2	+0.093%	$129K	$415K	20x	as long as short