Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.019%

Price spread now: Vest against Aster−0.035%47s7-day average +0.747% · you buy dearer than you sell

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

Long on Aster Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.039%+$4 on $10k

Price spread, last 4 days (all we have)−0.059%−$6 · spread now −0.035%, 7d avg +0.747%

Together, before fees−0.020%+ Points / potential airdropAster: Stage 5 · Vest: Active · farm board−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Vest is 0.782% cheaper against Aster than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.747%). If the spread goes back, that is −$78 on $10k: about 57 days of funding at the current rate (+$1 a day). The two prices were read 47 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	1,791	0	get 0.0000% / 8h	4h 08m	$21.8M	$35.9M	20x
Short	Vest SNDK-USD-PERP	1,790.4	0.0046	get 0.0006% / 1h	8m 35s	—	$581K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.035%Rate

Funding earned: $9.59
Price spread: −0.035% → +0.747%: −$78.24
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$78.65
Costs to cover: 0.100%
Break-even: 64.4 days

Slippage unknown: Aster: live order book, 5 min ago; Vest: 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	0.81 bp	5.5 bp −$6	10.9 bp −$109	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	1,790.6	−0.026%	$4.0M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0089%	1h	1,790.6	−0.023%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0069%	1h	1,791.5	+0.027%	$349K	$1.5M	10x	as long as short
Entropy io:SNDK	−0.0044%	1h	1,790.2	−0.045%	$4.9M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,790.4	−0.033%	$1.4M	$13.1M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,791.2	+0.008%	$437K	$2.3M	10x	as long as short
KuCoin SNDKUSDTM	−0.0018%	8h	1,790	−0.056%	$6.1M	$22.3M	20x	as long as short
Aster SNDKUSD1long	0.0000%	8h	1,791	long leg	$21.8M	$35.9M	20x
Binance SNDKUSDT	0.0000%	8h	1,790.6	−0.021%	$285.8M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,791	−0.001%	$32.7M	$100.5M	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	1,790.4	−0.034%	$83.9M	$827.1M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,791.5	+0.030%	$171K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,790.7	−0.019%	$180.3M	$231.1M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,790.2	−0.045%	$44.0M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,790.2	−0.046%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790.6	−0.023%	$14K	$1.4M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,790.8	−0.011%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,789.4	−0.090%	$1K	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,791.2	+0.010%	$51K	$345K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,790.1	−0.049%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,790.6	−0.024%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,790.5	−0.031%	$697	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,791.7	+0.037%	$1.7M	$15.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,791.4	+0.023%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,790.5	−0.028%	$451K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.500%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,789.2	−0.103%	$278K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,791.2	+0.012%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERPshort	+0.0046%	1h	1,790.4	−0.035%	—	$581K	10x
Popdex SNDKUSDT	+0.0048%	1h	1,790.3	−0.040%	$247K	$648K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,790.3	−0.037%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,790.9	−0.006%	$118.7M	$149.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,790.5	−0.028%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,790.6	−0.023%	$732K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,790.6	−0.023%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,790.6	−0.021%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,790.6	−0.023%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,791.4	+0.020%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,790.4	−0.036%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0687%	4h	1,790.1	−0.050%	$569K	$351K	10x	as long as short