Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.020%

Price spread now: OKX against Vest+0.023%7-day average −0.800% · you sell dearer than you buy

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

Long on Vest Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.074%−$7 on $10k

Price spread, last 3 days (all we have)−0.028%−$3 · spread now +0.023%, 7d avg −0.800%

Together, before fees−0.101%+ Points / potential airdropVest: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.823% dearer against Vest than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.800%): +$82 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SNDK-USD-PERP	1,778.5	0.0046	pay 0.0006% / 1h	41m 16s	—	$670K	10x
Short	OKX SNDK-USDT-SWAP	1,778.9	0	get 0.0000% / 8h	41m 16s	$87.3M	$845.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Vest. 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 VestbpFee OKXbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$9.59
Price spread: +0.023% → −0.800%: $82.27
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee OKX: 5 bp × 2 orders: −$10
Net: $60.68
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; OKX: 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 OKX live order book, 3 min ago	0.28 bp	5.3 bp −$5	6.7 bp −$67	13.6 bp −$1,361	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-USDT	−0.0120%	8h	1,778.5	0.000%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0055%	1h	1,778.1	−0.022%	$4.6M	$20.5M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,778.4	−0.003%	$2.2M	$21.8M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,779.3	+0.045%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,778.9	+0.023%	$284.5M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,778.9	+0.024%	$31.9M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,778.9	+0.023%	$87.3M	$845.4M	75x
Gate SNDK_USDT	0.0000%	8h	1,778.9	+0.024%	$184.2M	$239.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,778.9	+0.025%	$49.6M	$170.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,779.1	+0.034%	$2.6M	$4.7M	—	as long as short

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	1,778.9	+0.022%	$12K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.6	+0.006%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,778.8	+0.017%	$14K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,778.1	−0.022%	$939	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,779	+0.031%	$50K	$279K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,778.9	+0.022%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,778.9	+0.020%	$2.8M	$1.0M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,778.6	+0.005%	$672	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,779.9	+0.080%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.3	+0.043%	$1.3M	$9.9M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,778.5	+0.003%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.207%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,778.3	−0.010%	$285K	$1.7M	10x	as long as short
Vest SNDK-USD-PERPlong	+0.0046%	1h	1,778.5	long leg	—	$670K	10x
Popdex SNDKUSDT	+0.0048%	1h	1,778.9	+0.023%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,778.6	+0.006%	$113.3M	$151.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,778.7	+0.012%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,778.9	+0.020%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.7	+0.009%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778.7	+0.012%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778.6	+0.004%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,778.6	+0.006%	$442K	$2.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,778.7	+0.014%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,778.2	−0.018%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,779.2	+0.039%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,777.9	−0.034%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0160%	1h	1,780	+0.084%	$1.6M	$16.2M	20x	as long as short
Nado SNDK-PERP	+0.0185%	1h	1,778.9	+0.021%	$387K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,779.4	+0.050%	$129K	$407K	20x	as long as short
edgeX SNDKUSDC	+0.0576%	4h	1,779	+0.027%	$565K	$356K	10x	as long as short