Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.023%

Price spread now: Aevo against Gate−0.028%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.028% cheaper against Gate than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,769	0	get 0.0000% / 8h	2h 46m	$177.5M	$228.7M	75x
Short	Aevo SNDK-PERP	1,768.5	0.0080	get 0.0010% / 1h	46m 09s	$1K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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 GatebpFee AevobpOrdersPrice spread, now −0.028%Rate

Funding earned: $16.8
Price spread: −0.028% → 0.000%: −$2.76
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$16.96
Costs to cover: 0.310%
Break-even: 14.1 days

Slippage unknown: Gate: live order book, 3 min ago; Aevo: 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 Gate live order book, 3 min ago	0.23 bp	10.1 bp −$10	19.6 bp −$196	37.9 bp −$3,792	62.3 bp −$31.2K
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	1,768.8	−0.012%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0043%	8h	1,768.8	−0.011%	$6.1M	$22.1M	20x	as long as short
Bitget SNDKUSDT	−0.0019%	8h	1,769.1	+0.009%	$44.6M	$162.5M	75x	as long as short
Nado SNDK-PERP	−0.0019%	1h	1,770	+0.058%	$336K	$1.5M	10x	as long as short
Entropy io:SNDK	−0.0004%	1h	1,769.6	+0.036%	$4.8M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,769.5	+0.031%	$1.4M	$11.2M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,769.8	+0.046%	$21.6M	$32.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,769.7	+0.041%	$280.0M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,768.9	−0.002%	$31.7M	$103.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,768.9	−0.004%	$82.7M	$829.8M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,770.7	+0.098%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,769	long leg	$177.5M	$228.7M	75x
Variational Omni SNDK	0.0000%	8h	1,768.7	−0.013%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,772.5	+0.200%	$22K	$1.7M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,770.1	+0.064%	$276K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,768.8	−0.010%	$14K	$285K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,768.8	−0.008%	$677	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,768.5	−0.027%	$51K	$347K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,768.3	−0.041%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,768.7	−0.014%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,770.1	+0.062%	$686	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,767	−0.114%	—	$586K	10x	as long as short
Pacifica SNDK	+0.0024%	1h	1,769.8	+0.047%	$197K	$304K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,768.5	−0.027%	$1.3M	$9.3M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,768.5	−0.026%	$423K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.752%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,768.9	−0.003%	$263K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,768.8	−0.010%	$243K	$653K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,769.3	+0.020%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,769	+0.002%	$117.8M	$154.1M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,767.8	−0.066%	$185K	$132K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768.4	−0.032%	$1.4M	$5.1M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,773.7	+0.269%	$435K	$2.4M	10x	as long as short
Aevo SNDK-PERPshort	+0.0080%	1h	1,768.5	−0.028%	$1K	—	10x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,772.7	+0.209%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,768.1	−0.051%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,769.4	+0.025%	$128K	$355K	20x	as long as short
Lighter SNDK	+0.0128%	1h	1,769.5	+0.032%	$1.7M	$15.8M	20x	as long as short
SoDEX SNDK-USD	+0.0147%	1h	1,768.9	−0.005%	$723K	$513K	10x	as long as short
edgeX SNDKUSDC	+0.0156%	4h	1,771.9	+0.165%	$563K	$353K	10x	as long as short