Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.003%

Price spread now: Injective against Aster+0.565%67s7-day average — · you sell dearer than you buy

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

Long on Aster Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.130%−$13 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.565% dearer against Aster than usual: you sell high and buy low: +$57 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.130%, so the current rate has only just turned in your favour. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SNDKUSD1	1,789.8	0	get 0.0000% / 8h	4h 14m	$21.8M	$36.2M	20x
Short	Injective SNDK/USDC PERP	1,800	0.0033	get 0.0004% / 1h	14m 15s	$36	$9K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.565%Rate

Funding earned: $7
Price spread: +0.565% → 0.000%: $56.54
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $55.52
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Aster: live order book, 5 min ago; Injective: 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 Aster live order book, 5 min ago	1.31 bp	7.7 bp −$8	11.5 bp −$115	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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-USDT	−0.0120%	8h	1,789.5	−0.021%	$4.0M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0089%	1h	1,790	+0.009%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0078%	1h	1,790.1	+0.016%	$348K	$1.5M	10x	as long as short
Entropy io:SNDK	−0.0065%	1h	1,789.4	−0.025%	$4.9M	$20.0M	10x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,789.2	−0.037%	$1.4M	$13.2M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,790.5	+0.037%	$438K	$2.3M	10x	as long as short
KuCoin SNDKUSDTM	−0.0015%	8h	1,789.1	−0.044%	$6.1M	$22.3M	20x	as long as short
Aster SNDKUSD1long	0.0000%	8h	1,789.8	long leg	$21.8M	$36.2M	20x
Binance SNDKUSDT	0.0000%	8h	1,789.5	−0.016%	$285.8M	$1.79B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789.9	+0.004%	$32.7M	$100.4M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,789.6	−0.013%	$84.1M	$826.5M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,790.6	+0.040%	$171K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.4	−0.023%	$180.3M	$231.0M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.5	−0.019%	$43.9M	$161.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.7	−0.009%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.9	+0.005%	$13K	$1.4M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.5	−0.017%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.2	−0.093%	$642	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.7	−0.009%	$51K	$345K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.2	−0.039%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.6	−0.016%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,790.3	+0.025%	$666	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.5	+0.036%	$1.7M	$15.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.1	+0.015%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.7	−0.007%	$465K	$1.8M	10x	as long as short
Injective SNDK/USDC PERPshort	+0.0033%	1h	1,800	+0.565%	$36	$9K	12x
Arcus SNDK-USD	+0.0040%	1h	1,788.5	−0.075%	$278K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,790	+0.007%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789.3	−0.033%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.8	−0.002%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,789.4	−0.025%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,789.8	−0.002%	$116.6M	$147.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.2	−0.036%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.5	−0.018%	$732K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.6	−0.013%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.2	−0.036%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,789.7	−0.008%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,790.1	+0.012%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.9	−0.050%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0660%	4h	1,789.5	−0.019%	$568K	$353K	10x	as long as short