Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.5% APRpaid last 24h −0.012%

Price spread now: SunX against Vest+0.109%7-day average −0.751% · you sell dearer than you buy

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

Long on Vest Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.045%−$5 on $10k

Price spread, last 4 days (all we have)−0.323%−$32 · spread now +0.109%, 7d avg −0.751%

Together, before fees−0.368%+ Points / potential airdropVest: Active · farm board−$37 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.860% dearer against Vest than usual: you sell high and buy low (spread +0.109% now, against its 7-day average of −0.751%): +$86 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7 months. At the pace of the last 4 days (−0.045% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SNDK-USD-PERP	1,759.3	0.0013	pay 0.0002% / 1h	49m 08s	—	$579K	10x
Short	SunX SNDK-USDT	1,761.3	0	get 0.0000% / 8h	49m 08s	$884	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.109%Rate

Funding earned: −$2.82
Price spread: +0.109% → −0.751%: $86.01
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: $73.19
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; SunX: live order book, 9 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 SunX live order book, 9 min ago	28.07 bp	32.1 bp −$32	61.6 bp −$616	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
Bitget SNDKUSDT	−0.0322%	8h	1,762.5	+0.179%	$48.4M	$166.3M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762.2	+0.165%	$4.0M	$4.6M	75x	as long as short
Nado SNDK-PERP	−0.0027%	1h	1,762.3	+0.170%	$328K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0012%	8h	1,761.3	+0.111%	$6.0M	$22.4M	20x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,761.2	+0.103%	$1.4M	$10.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.4	+0.174%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,762.6	+0.185%	$279.9M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.8	+0.197%	$31.8M	$103.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,762.1	+0.157%	$82.5M	$834.6M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,762.4	+0.176%	$120K	$1.6M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,761.5	+0.121%	$177.3M	$228.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.6	−0.044%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759.1	−0.014%	$10K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,760	+0.038%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762.2	+0.162%	$13K	$290K	10x	as long as short
SunX SNDK-USDTshort	0.0000%	8h	1,761.3	+0.109%	$884	$3.4M	20x
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,762.1	+0.159%	$51K	$352K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,760.9	+0.086%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.5	+0.181%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,761	+0.097%	$673	$38K	5x	as long as short
Vest SNDK-USD-PERPlong	+0.0013%	1h	1,759.3	long leg	—	$579K	10x
Lighter SNDK	+0.0032%	1h	1,763.1	+0.211%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.4	+0.174%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.2	+0.106%	$490K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.309%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.9	−0.023%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.6	+0.128%	$242K	$653K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,762.1	+0.157%	$119.1M	$159.2M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,760.6	+0.072%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,761.4	+0.117%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,760.6	+0.071%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,762	+0.153%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,762.2	+0.163%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,761.9	+0.147%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,762.2	+0.161%	$197K	$305K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.5	+0.010%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,762	+0.151%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,762.5	+0.177%	$431K	$2.2M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,762.7	+0.191%	$127K	$340K	20x	as long as short
edgeX SNDKUSDC	+0.0629%	4h	1,758.5	−0.046%	$559K	$351K	10x	as long as short