Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%

Price spread now: Aster against Bullet+0.062%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$270.271% of the position

Long on Bullet Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.023%+$2 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.062%, 7d avg +0.006%

Together, before fees+0.045%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.056% dearer against Bullet than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SNDK-USD	1,760.3	0	get 0.0000% / 1h	26m 39s	$14K	$289K	10x
Short	Aster SNDKUSD1	1,761.4	0	get 0.0000% / 8h	1h 26m	$21.5M	$32.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bullet. 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 BulletbpFee AsterbpOrdersPrice spread, now +0.062%Rate

Funding earned: $0
Price spread: +0.062% → +0.006%: $5.57
Slippage, 4 orders: −$11.07
Fee Bullet: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$21.51
Costs to cover: 0.271%
Break-even: never at this rate

Slippage from Bullet: live order book, 17 min ago; Aster: live order book, 2 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 Bullet live order book, 17 min ago	0.57 bp	6.4 bp −$6	20.6 bp −$206	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	2.02 bp	6.9 bp −$7	10.5 bp −$105	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	−0.0369%	8h	1,760.9	+0.036%	$48.0M	$166.2M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,760.2	−0.004%	$3.9M	$4.6M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0028%	1h	1,760.2	−0.005%	$51K	$351K	10x	as long as short
KuCoin SNDKUSDTM	−0.0012%	8h	1,759.6	−0.037%	$6.0M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,761.1	+0.044%	$1.4M	$10.3M	10x	as long as short
Aster SNDKUSD1short	0.0000%	8h	1,761.4	+0.062%	$21.5M	$32.9M	20x
Binance SNDKUSDT	0.0000%	8h	1,761.1	+0.045%	$279.9M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,761.5	+0.065%	$31.8M	$103.4M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,761	+0.040%	$82.4M	$835.6M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,761.5	+0.071%	$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	+0.042%	$177.4M	$231.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,759	−0.072%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759.8	−0.029%	$10K	$1.9M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,758.9	−0.079%	$274K	$193K	15x	as long as short
Bullet SNDK-USDlong	0.0000%	1h	1,760.3	long leg	$14K	$289K	10x
SunX SNDK-USDT	0.0000%	8h	1,759.9	−0.023%	$978	$3.5M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,759.8	−0.028%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,760.8	+0.030%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,759.7	−0.035%	$723	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,758.2	−0.120%	—	$581K	10x	as long as short
Nado SNDK-PERP	+0.0019%	1h	1,760.8	+0.030%	$328K	$1.5M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,762.1	+0.102%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,761	+0.040%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,760.7	+0.021%	$491K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.253%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.9	−0.081%	$253K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.7	+0.080%	$242K	$668K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,760.6	+0.017%	$118.5M	$158.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,760	−0.017%	$4.7M	$19.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,759.5	−0.045%	$185K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,760	−0.015%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,760.8	+0.029%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,759.4	−0.051%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,760	−0.018%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,760.9	+0.033%	$197K	$304K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760.9	+0.033%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,759.8	−0.031%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,761	+0.038%	$431K	$2.3M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0401%	1h	1,760.5	+0.014%	$127K	$346K	20x	as long as short
edgeX SNDKUSDC	+0.0796%	4h	1,760.1	−0.008%	$559K	$351K	10x	as long as short