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 +0.008%

Price spread now: Bybit against OKX+0.015%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$250.252% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$2 on $10k

Price spread, last 7 days−0.003%$0 · spread now +0.015%, 7d avg +0.014%

Together, before fees+0.012%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SNDK-USDT-SWAP	1,789.9	0	get 0.0000% / 8h	7h 47m	$86.2M	$839.3M	75x
Short	Bybit SNDKUSDT	1,790.2	0	get 0.0000% / 8h	7h 47m	$32.2M	$100.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now +0.015%Rate

Funding earned: $0
Price spread: +0.015% → +0.014%: $0.04
Slippage, 4 orders: −$4.19
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$25.15
Costs to cover: 0.252%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Bybit: 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 OKX live order book, 2 min ago	0.28 bp	5.3 bp −$5	6.0 bp −$60	10.4 bp −$1,041	23.7 bp −$11.8K
Sell Bybit live order book, 2 min ago	0.03 bp	7.8 bp −$8	10.4 bp −$104	35.8 bp −$3,581	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
BloFin SNDK-USDT	−0.0120%	8h	1,786.4	−0.196%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,788	−0.108%	$21.8M	$45.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,790	+0.004%	$286.7M	$1.85B	75x	as long as short
Bybit SNDKUSDTshort	0.0000%	8h	1,790.2	+0.015%	$32.2M	$100.7M	100x
OKX SNDK-USDT-SWAPlong	0.0000%	8h	1,789.9	long leg	$86.2M	$839.3M	75x
Gate SNDK_USDT	0.0000%	8h	1,788.7	−0.066%	$183.4M	$233.0M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.3	−0.032%	$48.5M	$168.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	−0.324%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.6	−0.184%	$9K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,786.1	−0.212%	$278K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNDK-USDT	0.0000%	8h	1,786.8	−0.171%	$758	$3.8M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.1	−0.046%	$50K	$311K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,787.7	−0.125%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,788.2	−0.093%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,789.6	−0.018%	$2.2M	$20.7M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,788.7	−0.069%	$175K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,784.3	−0.310%	$822	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,790	+0.004%	$1.6M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.6	−0.015%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.5	−0.025%	$422K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.562%	$36	$9K	12x	as long as short
Nado SNDK-PERP	+0.0036%	1h	1,790.4	+0.027%	$352K	$1.4M	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.9	−0.280%	$299K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789.9	0.000%	—	$657K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.7	−0.011%	$247K	$654K	20x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,785	−0.274%	$4.8M	$20.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.8	−0.006%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,789.6	−0.015%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787.5	−0.134%	$1.4M	$4.9M	5x	as long as short
Bullet SNDK-USD	+0.0054%	1h	1,790.5	+0.036%	$14K	$291K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.1	−0.101%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,788.7	−0.067%	$199K	$293K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,789.1	−0.047%	$6.1M	$22.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787	−0.163%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.7	−0.180%	$8K	$3K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0114%	1h	1,790.6	+0.039%	$115.1M	$150.2M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,784.7	−0.292%	$442K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0221%	4h	1,785.4	−0.249%	$567K	$355K	10x	as long as short
SoDEX SNDK-USD	+0.0629%	1h	1,787.1	−0.159%	$730K	$521K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0660%	1h	1,788.8	−0.060%	$130K	$389K	20x	as long as short