Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: SunX against Aster−0.026%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$810.809% of the position

Long on Aster Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.026%, 7d avg −0.044%

Together, before fees−0.205%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SNDKUSD1	1,761.9	0	get 0.0000% / 8h	9m 05s	$21.5M	$32.9M	20x
Short	SunX SNDK-USDT	1,761.4	0	get 0.0000% / 8h	9m 05s	$786	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.026%Rate

Funding earned: $0
Price spread: −0.026% → −0.044%: $1.78
Slippage, 4 orders: −$64.89
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$79.1
Costs to cover: 0.809%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; SunX: live order book, 9 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, 5 min ago	1.90 bp	8.2 bp −$8	12.3 bp −$123	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	28.06 bp	32.1 bp −$32	61.6 bp −$616	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
Bitget SNDKUSDT	−0.0252%	8h	1,761.9	+0.004%	$48.2M	$165.9M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,761.5	−0.020%	$3.9M	$4.6M	75x	as long as short
KuCoin SNDKUSDTM	−0.0004%	8h	1,760.7	−0.064%	$6.0M	$22.5M	20x	as long as short
Nado SNDK-PERP	−0.0002%	1h	1,762.1	+0.013%	$330K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,761.3	−0.032%	$1.4M	$9.9M	10x	as long as short
Aster SNDKUSD1long	0.0000%	8h	1,761.9	long leg	$21.5M	$32.9M	20x
Binance SNDKUSDT	0.0000%	8h	1,761.6	−0.015%	$280.0M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762	+0.008%	$31.8M	$103.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,761.8	−0.003%	$82.3M	$833.4M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,762.5	+0.035%	$120K	$1.6M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,761.7	−0.007%	$179.2M	$229.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,760	−0.104%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,760.2	−0.091%	$22K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761.6	−0.014%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,761.5	−0.023%	$14K	$289K	10x	as long as short
SunX SNDK-USDTshort	0.0000%	8h	1,761.4	−0.026%	$786	$3.4M	20x
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.4	−0.029%	$51K	$355K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,759.6	−0.130%	$1.4M	$10.5M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,761.5	−0.018%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0015%	1h	1,759.3	−0.144%	—	$579K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0016%	1h	1,761.9	0.000%	$715	$38K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762	+0.005%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.3	−0.029%	$493K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.163%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,762.5	+0.037%	$1.8M	$16.4M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,760.1	−0.102%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.6	−0.014%	$242K	$652K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,761.7	−0.009%	$119.9M	$157.5M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,761.2	−0.037%	$4.6M	$19.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760.6	−0.071%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,761.3	−0.030%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,761.2	−0.039%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.1	−0.043%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,761.3	−0.032%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.7	−0.007%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760.5	−0.075%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,761.3	−0.034%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,762.4	+0.032%	$428K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,762	+0.008%	$126K	$340K	20x	as long as short
edgeX SNDKUSDC	+0.0581%	4h	1,760	−0.108%	$559K	$350K	10x	as long as short