Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Gate−0.007%7-day average −0.020% · you buy dearer than you sell

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

Long on Gate Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 7 days−0.160%−$16 · spread now −0.007%, 7d avg −0.020%

Together, before fees−0.121%+ Points / potential airdropOndo Perps: Active · farm board−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,758.5	0	get 0.0000% / 8h	1h 39m	$176.6M	$230.6M	75x
Short	Ondo Perps SNDK-USD.P	1,758.4	0.0050	get 0.0006% / 1h	39m 45s	$1.4M	$5.1M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.007%Rate

Funding earned: $10.58
Price spread: −0.007% → −0.020%: $1.36
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$8.06
Costs to cover: 0.200%
Break-even: 12.3 days

Slippage unknown: Gate: live order book, 4 min ago; Ondo Perps: 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, 4 min ago	0.63 bp	11.3 bp −$11	21.6 bp −$216	42.2 bp −$4,216	65.0 bp −$32.5K
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
Bitget SNDKUSDT	−0.0322%	8h	1,758.7	+0.010%	$47.4M	$165.7M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,759.3	+0.043%	$4.0M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0010%	8h	1,758.9	+0.019%	$6.0M	$22.1M	20x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,759.3	+0.043%	$1.4M	$10.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,759.6	+0.064%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,758.1	−0.022%	$279.2M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,758.7	+0.008%	$31.7M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,758.7	+0.010%	$82.2M	$833.9M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,759.2	+0.037%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,758.5	long leg	$176.6M	$230.6M	75x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,758.6	+0.007%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,758.8	+0.016%	$14K	$1.9M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,759.4	+0.050%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,759	+0.026%	$13K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,758.6	+0.007%	$837	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,759.2	+0.039%	$51K	$351K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,758.3	−0.012%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,758.8	+0.018%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0013%	1h	1,756.8	−0.097%	—	$581K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,759.9	+0.079%	$703	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,759.1	+0.034%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,758.4	−0.007%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,758.5	−0.001%	$491K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.357%	$36	$9K	12x	as long as short
Nado SNDK-PERP	+0.0035%	1h	1,759.3	+0.042%	$328K	$1.5M	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.6	+0.002%	$253K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,759.4	+0.050%	$242K	$675K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,758.2	−0.018%	$118.4M	$158.5M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,759	+0.027%	$4.7M	$19.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,758.2	−0.018%	$184K	$131K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,758.8	+0.015%	$719K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,758.2	−0.019%	—	—	5x	as long as short
Ondo Perps SNDK-USD.Pshort	+0.0050%	1h	1,758.4	−0.007%	$1.4M	$5.1M	5x
Aevo SNDK-PERP	+0.0080%	1h	1,758.6	+0.006%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,758.2	−0.019%	$196K	$303K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760.1	+0.087%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,758.6	+0.005%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,759.6	+0.059%	$429K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0262%	4h	1,759.8	+0.073%	$559K	$353K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0401%	1h	1,759.1	+0.033%	$126K	$346K	20x	as long as short