Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0131%/8h= −14.3% APRpaid last 24h −0.039%

Price spread now: BloFin against Aftermath Perps+0.372%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. BloFin is 0.372% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.372% now, against zero (this spread has no 7-day history yet)): +$37 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 9.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SNDKUSD	1,784.3	0.0011	pay 0.0001% / 1h	47m 20s	$822	$37K	5x
Short	BloFin SNDK-USDT	1,791	−0.0120	pay 0.0120% / 8h	7h 47m	$4.1M	$4.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aftermath Perps. 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 Aftermath PerpsbpFee BloFinbpOrdersPrice spread, now +0.372%Rate

Funding earned: −$27.48
Price spread: +0.372% → 0.000%: $37.23
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$11.25
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; BloFin: live order book, 6 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell BloFin live order book, 6 min ago	0.03 bp	6.0 bp −$6	7.6 bp −$76	12.9 bp −$1,291	doesn't fit

Aftermath Perps: 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	1,791	+0.372%	$4.1M	$4.5M	75x
Aster SNDKUSD1	0.0000%	8h	1,788.8	+0.247%	$21.8M	$45.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,790.4	+0.341%	$286.8M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,791.5	+0.403%	$32.2M	$100.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,791	+0.373%	$86.2M	$840.2M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,790.4	+0.339%	$183.5M	$233.0M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.9	+0.309%	$48.4M	$168.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	−0.014%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.6	+0.127%	$9K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,786.1	+0.098%	$278K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNDK-USDT	0.0000%	8h	1,787.8	+0.192%	$720	$3.8M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,791.1	+0.377%	$50K	$311K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.6	+0.292%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,790.9	+0.368%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,789.6	+0.293%	$2.2M	$20.7M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,788.7	+0.243%	$175K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSDlong	+0.0011%	1h	1,784.3	long leg	$822	$37K	5x
Lighter SNDK	+0.0032%	1h	1,792.2	+0.440%	$1.6M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,791.6	+0.404%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,791.3	+0.387%	$421K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.875%	$36	$9K	12x	as long as short
Nado SNDK-PERP	+0.0036%	1h	1,790.4	+0.338%	$352K	$1.4M	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.9	+0.030%	$299K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789.9	+0.311%	—	$657K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.7	+0.300%	$247K	$654K	20x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,785	+0.037%	$4.8M	$20.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.8	+0.306%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,789.6	+0.296%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787.5	+0.177%	$1.4M	$4.9M	5x	as long as short
Bullet SNDK-USD	+0.0054%	1h	1,790.5	+0.348%	$14K	$291K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,790.1	+0.320%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,788.7	+0.244%	$199K	$293K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,789.1	+0.264%	$6.1M	$22.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787	+0.148%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.3	+0.219%	$8K	$3K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0114%	1h	1,790.6	+0.350%	$115.1M	$150.2M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,789.7	+0.297%	$444K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0221%	4h	1,785.4	+0.062%	$567K	$355K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0659%	1h	1,790.8	+0.363%	$130K	$382K	20x	as long as short
SoDEX SNDK-USD	+0.0713%	1h	1,788.6	+0.240%	$731K	$521K	10x	as long as short