Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0087%/8h= +9.5% APRpaid last 24h +0.031%

Price spread now: Orderly against Aftermath Perps+0.091%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 Orderly

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.091% dearer against Aftermath Perps than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SNDKUSD	1,759.9	0.0013	pay 0.0002% / 1h	25m 32s	$723	$38K	5x
Short	Orderly PERP_SNDK_USDC_mythos	1,761.5	0.0100	get 0.0100% / 8h	1h 25m	$8K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.091%Rate

Funding earned: $18.28
Price spread: +0.091% → 0.000%: $9.1
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: $12.38
Costs to cover: 0.150%
Break-even: 2.3 days

Slippage unknown: Aftermath Perps: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample	—	—	—	—	—

Aftermath Perps and Orderly: 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	−0.0366%	8h	1,762.2	+0.132%	$47.9M	$166.3M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,760.2	+0.019%	$3.9M	$4.6M	75x	as long as short
KuCoin SNDKUSDTM	−0.0011%	8h	1,760.8	+0.055%	$6.0M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,761.7	+0.105%	$1.4M	$10.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,761.8	+0.109%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,762.1	+0.125%	$280.0M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.3	+0.140%	$31.8M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,762.4	+0.143%	$82.5M	$836.3M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,762.1	+0.125%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,761.8	+0.109%	$176.9M	$231.0M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,761.5	+0.095%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,760.2	+0.018%	$10K	$2.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,758.9	−0.056%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,761.7	+0.104%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,759.9	+0.003%	$857	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.7	+0.104%	$51K	$351K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761	+0.066%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.6	+0.155%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSDlong	+0.0013%	1h	1,759.9	long leg	$723	$38K	5x
Vest SNDK-USD-PERP	+0.0015%	1h	1,760.1	+0.010%	—	$581K	10x	as long as short
Nado SNDK-PERP	+0.0017%	1h	1,762.5	+0.151%	$328K	$1.5M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,763	+0.177%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.2	+0.131%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.5	+0.094%	$491K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.278%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,759.4	−0.028%	$253K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.2	+0.132%	$242K	$668K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,761.8	+0.109%	$118.5M	$159.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,760.6	+0.041%	$4.7M	$19.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760.6	+0.041%	$185K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,760.8	+0.054%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,761.8	+0.107%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.6	+0.098%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,761.4	+0.088%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.8	+0.109%	$197K	$304K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760.4	+0.030%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythosshort	+0.0100%	8h	1,761.5	+0.091%	$8K	$3K	20x
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,761	+0.062%	$431K	$2.3M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0401%	1h	1,762	+0.118%	$127K	$346K	20x	as long as short
edgeX SNDKUSDC	+0.0891%	4h	1,760.1	+0.011%	$559K	$351K	10x	as long as short