Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0082%/8h= −9.0% APRpaid last 24h −0.024%

Price spread now: KuCoin against Aevo−0.050%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on KuCoin

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—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.050% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SNDK-PERP	1,762.6	0.0080	pay 0.0010% / 1h	3m 21s	$1K	—	10x
Short	KuCoin SNDKUSDTM	1,761.7	−0.0002	pay 0.0002% / 8h	3m 21s	$6.0M	$22.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.050%Rate

Funding earned: −$17.22
Price spread: −0.050% → 0.000%: −$4.96
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$50.18
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; KuCoin: 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 KuCoin live order book, 5 min ago	0.45 bp	10.4 bp −$10	36.9 bp −$369	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	−0.0243%	8h	1,762.9	+0.017%	$50.0M	$166.6M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762.8	+0.011%	$4.0M	$4.6M	75x	as long as short
Nado SNDK-PERP	−0.0004%	1h	1,762.8	+0.015%	$330K	$1.5M	10x	as long as short
KuCoin SNDKUSDTMshort	−0.0002%	8h	1,761.7	−0.050%	$6.0M	$22.6M	20x
QFEX SNDK-USD	−0.0001%	1h	1,762.8	+0.010%	$1.4M	$9.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.4	−0.010%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,762.5	−0.007%	$279.9M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.8	+0.011%	$31.8M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,762.6	+0.002%	$82.4M	$833.2M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,763.4	+0.048%	$121K	$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	1,762.7	+0.007%	$179.1M	$229.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,761.1	−0.086%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,761	−0.087%	$20K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761.6	−0.055%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762.6	+0.002%	$13K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,762.8	+0.014%	$723	$3.4M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,762.4	−0.012%	$51K	$357K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.9	−0.036%	$1.4M	$10.5M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.5	−0.004%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,760.5	−0.119%	—	$579K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0017%	1h	1,762.5	−0.001%	$673	$38K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.7	+0.006%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.7	−0.051%	$493K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.121%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,763.2	+0.038%	$1.8M	$16.4M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,760.6	−0.111%	$256K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.9	+0.019%	$242K	$651K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,762.6	+0.002%	$120.0M	$157.6M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,761.6	−0.055%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,761.5	−0.061%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,762.2	−0.020%	$721K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,762.3	−0.014%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,762.6	+0.002%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERPlong	+0.0080%	1h	1,762.6	long leg	$1K	—	10x
Pacifica SNDK	+0.0100%	1h	1,762.4	−0.010%	$198K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,761.2	−0.079%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,762.3	−0.018%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,762	−0.034%	$429K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,763.1	+0.028%	$126K	$340K	20x	as long as short
edgeX SNDKUSDC	+0.0436%	4h	1,760.7	−0.109%	$559K	$351K	10x	as long as short