Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.015%

Price spread now: Coinbase International against Aster+0.015%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$290.288% of the position

Long on Aster Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$5 on $10k

Price spread, last 3 days (all we have)−0.085%−$9 · spread now +0.015%, 7d avg +0.014%

Together, before fees−0.031%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SNDKUSD1	1,785.7	0	get 0.0000% / 8h	6h 39m	$21.7M	$39.9M	20x
Short	Coinbase International SNDK-PERP-INTX	1,785.9	0.0088	get 0.0011% / 1h	39m 57s	$437K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. 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 AsterbpFee Coinbase InternationalbpOrdersPrice spread, now +0.015%Rate

Funding earned: $18.48
Price spread: +0.015% → +0.014%: $0.14
Slippage, 4 orders: −$10.77
Fee Aster: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$10.15
Costs to cover: 0.288%
Break-even: 10.8 days

Slippage from Aster: live order book, 4 min ago; Coinbase International: live order book, 4 min ago.

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 Aster live order book, 4 min ago	1.68 bp	6.5 bp −$7	9.9 bp −$99	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	2.13 bp	7.2 bp −$7	11.7 bp −$117	doesn't fit	doesn't fit

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-USDT	−0.0120%	8h	1,788	+0.132%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0096%	1h	1,787.3	+0.092%	$4.9M	$20.5M	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,787.9	+0.126%	$278K	$193K	15x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0030%	1h	1,784.9	−0.040%	$51K	$328K	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,786.3	+0.036%	$1.8M	$17.3M	10x	as long as short
Aster SNDKUSD1long	0.0000%	8h	1,785.7	long leg	$21.7M	$39.9M	20x
Binance SNDKUSDT	0.0000%	8h	1,783.7	−0.111%	$286.0M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,784.2	−0.080%	$32.0M	$100.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,783.9	−0.098%	$85.8M	$829.6M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,783.8	−0.106%	$180.5M	$231.2M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,784.1	−0.088%	$47.1M	$164.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,786.9	+0.071%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,788.1	+0.135%	$22K	$1.1M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,785.2	−0.025%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,784.2	−0.080%	$856	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,784.9	−0.045%	$1.5M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,784.3	−0.078%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0004%	1h	1,787.3	+0.094%	$360K	$1.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,787.9	+0.127%	$671	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0010%	1h	1,784.3	−0.076%	$114.2M	$146.9M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,785.4	−0.013%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,785.5	−0.009%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,784.3	−0.075%	$470K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.801%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,786.6	+0.053%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,786.1	+0.027%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,786.2	+0.031%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,786.8	+0.065%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,786.4	+0.042%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,784.5	−0.067%	$729K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787.3	+0.092%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,784.6	−0.061%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTXshort	+0.0088%	1h	1,785.9	+0.015%	$437K	$2.3M	10x
Pacifica SNDK	+0.0100%	1h	1,786.6	+0.055%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.2	−0.028%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787.9	+0.126%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,784.4	−0.069%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,785.6	−0.005%	$130K	$364K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,787.4	+0.098%	$171K	$1.8M	20x	as long as short
edgeX SNDKUSDC	+0.0279%	4h	1,787.4	+0.096%	$568K	$351K	10x	as long as short