Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.023%

Price spread now: Aster against Aevo+0.064%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.064% dearer against Aevo than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SNDK-PERP	1,752.1	0.0080	pay 0.0010% / 1h	18m 53s	$1K	—	10x
Short	Aster SNDKUSD1	1,753.2	0	get 0.0000% / 8h	7h 18m	$21.4M	$32.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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 AevobpFee AsterbpOrdersPrice spread, now +0.064%Rate

Funding earned: −$16.8
Price spread: +0.064% → 0.000%: $6.37
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: −$34.43
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Aster: live order book, 5 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 Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 5 min ago	1.63 bp	8.1 bp −$8	12.1 bp −$121	doesn't fit	doesn't fit

Aevo: 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	−0.0209%	8h	1,752.2	+0.004%	$49.8M	$168.3M	75x	as long as short
GRVT SNDK_USDT_Perp	−0.0141%	8h	1,751.7	−0.025%	$19K	$2.2M	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,751.3	−0.045%	$4.0M	$4.6M	75x	as long as short
KuCoin SNDKUSDTM	−0.0032%	8h	1,751.7	−0.023%	$6.0M	$22.6M	20x	as long as short
Nado SNDK-PERP	−0.0011%	1h	1,753.2	+0.064%	$334K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,752.5	+0.020%	$1.4M	$9.6M	10x	as long as short
Aster SNDKUSD1short	0.0000%	8h	1,753.2	+0.064%	$21.4M	$32.6M	20x
Binance SNDKUSDT	0.0000%	8h	1,752.3	+0.012%	$279.0M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,752.8	+0.039%	$32.0M	$105.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,752.7	+0.034%	$82.2M	$826.6M	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	1,753.7	+0.093%	$136K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,752	−0.004%	$179.7M	$220.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,752.6	+0.027%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,747.4	−0.269%	$272K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,751.8	−0.017%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,751.6	−0.028%	$788	$3.3M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,752.6	+0.031%	$50K	$360K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,751.8	−0.020%	$1.4M	$10.0M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,752.2	+0.004%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,749	−0.178%	$704	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0013%	1h	1,751.5	−0.036%	—	$581K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,752.7	+0.035%	$1.7M	$16.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,751.8	−0.016%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,751.5	−0.033%	$381K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.731%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,752.2	+0.004%	$250K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,752.7	+0.034%	$245K	$668K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,753.7	+0.092%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,751.5	−0.035%	$118.8M	$158.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,750.9	−0.069%	$4.5M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,751.1	−0.057%	$184K	$129K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,751.3	−0.047%	$716K	$521K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,752.9	+0.045%	$1.3M	$5.3M	5x	as long as short
Aevo SNDK-PERPlong	+0.0080%	1h	1,752.1	long leg	$1K	—	10x
Pacifica SNDK	+0.0100%	1h	1,752.9	+0.043%	$196K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,752.6	+0.026%	$67K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,752.8	+0.039%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,752	−0.006%	$426K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0285%	1h	1,752.6	+0.031%	$128K	$347K	20x	as long as short
edgeX SNDKUSDC	+0.0599%	4h	1,750.5	−0.092%	$556K	$350K	10x	as long as short