Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h −0.001%

Price spread now: OKX against Aftermath Perps−0.088%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 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 −$1 a day on $10k at the current rate, and OKX is 0.088% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$9 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	Aftermath Perps SNDKUSD	1,773.3	0.0019	pay 0.0002% / 1h	45m 05s	$678	$38K	5x
Short	OKX SNDK-USDT-SWAP	1,771.7	0	get 0.0000% / 8h	5h 45m	$82.2M	$842.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$4.02
Price spread: −0.088% → 0.000%: −$8.77
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$31.79
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago	0.28 bp	5.3 bp −$5	6.3 bp −$63	12.7 bp −$1,272	63.5 bp −$31.7K

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 exchanges

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
Kraken Futures PF_SNDKUSD	−0.0258%	1h	1,770.7	−0.146%	$168K	$384K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,771.9	−0.078%	$4.0M	$4.7M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0111%	1h	1,770.7	−0.143%	$19K	$430K	10x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,771.5	−0.098%	$1.4M	$9.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,772.8	−0.024%	$21.6M	$32.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,771.8	−0.079%	$282.8M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,771.8	−0.083%	$31.9M	$107.1M	100x	as long as short
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,771.7	−0.088%	$82.2M	$842.0M	75x
Gate SNDK_USDT	0.0000%	8h	1,771.9	−0.076%	$182.7M	$218.6M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,771.7	−0.085%	$48.1M	$172.3M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,771.1	−0.119%	$2.7M	$4.7M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,773.1	−0.009%	$276K	$188K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,772	−0.071%	$15K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,771.2	−0.118%	$685	$3.1M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,771.2	−0.118%	$1.4M	$9.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,771.9	−0.078%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSDlong	+0.0019%	1h	1,773.3	long leg	$678	$38K	5x
Lighter RH SNDK	+0.0032%	1h	1,772	−0.070%	$1.3M	$9.7M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,771.2	−0.118%	$397K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.506%	$36	$4K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,771.4	−0.103%	$269K	$1.4M	10x	as long as short
Nado SNDK-PERP	+0.0044%	1h	1,772	−0.072%	$331K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,771.8	−0.082%	—	$574K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,771.9	−0.076%	$244K	$699K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,772.1	−0.065%	$121.7M	$153.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,772.5	−0.043%	$4.5M	$19.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,771.4	−0.105%	$187K	$115K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,771.8	−0.084%	$727K	$525K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,770.9	−0.133%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0053%	8h	1,771.5	−0.098%	—	—	5x	as long as short
edgeX SNDKUSDC	+0.0064%	4h	1,773.4	+0.007%	$563K	$340K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,771.3	−0.110%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,771.8	−0.084%	$199K	$305K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,772.1	−0.065%	$6.1M	$23.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,772.9	−0.022%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,771.9	−0.079%	$8K	$3K	20x	as long as short
GRVT SNDK_USDT_Perp	+0.0148%	8h	1,773.8	+0.032%	$28K	$2.5M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0152%	1h	1,772.5	−0.042%	$445K	$2.2M	10x	as long as short
Lighter SNDK	+0.0176%	1h	1,772.6	−0.039%	$1.8M	$16.7M	20x	as long as short
RISEx SNDK/USDC	+0.0898%	1h	1,773.2	−0.001%	$146K	$1.5M	20x	as long as short