Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%

Price spread now: RISEx against OKX−0.121%7-day average +0.012% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$210.207% of the position

Long on OKX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.087%+$9 on $10k

Price spread, last 7 days+0.133%+$13 · spread now −0.121%, 7d avg +0.012%

Together, before fees+0.220%+$22 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: RISEx is 0.133% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SNDK-USDT-SWAP	1,750.6	0	get 0.0000% / 8h	7h 34m	$81.8M	$822.8M	75x
Short	RISEx SNDK/USDC	1,748.5	0	get 0.0000% / 1h	34m 21s	$135K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.121%Rate

Funding earned: $0
Price spread: −0.121% → +0.012%: −$13.35
Slippage, 4 orders: −$4.73
Fee OKX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$34.07
Costs to cover: 0.207%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; RISEx: live order book, 4 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, 5 min ago	0.29 bp	6.0 bp −$6	7.4 bp −$74	12.8 bp −$1,283	doesn't fit
Sell RISEx live order book, 4 min ago	1.74 bp	4.7 bp −$5	6.0 bp −$60	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
GRVT SNDK_USDT_Perp	−0.0845%	8h	1,750.4	−0.011%	$21K	$2.2M	10x	as long as short
HTX SNDK-USDT	−0.0412%	8h	1,749.8	−0.045%	$1.4M	$10.5M	50x	as long as short
Bitget SNDKUSDT	−0.0245%	8h	1,748.1	−0.142%	$49.3M	$167.1M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,749.5	−0.065%	$4.0M	$4.5M	75x	as long as short
Nado SNDK-PERP	−0.0075%	1h	1,749.8	−0.043%	$332K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0044%	8h	1,747.5	−0.177%	$6.0M	$22.5M	20x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,747	−0.207%	$1.4M	$9.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,749.5	−0.063%	$21.3M	$32.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,749.2	−0.078%	$279.7M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,749	−0.091%	$31.6M	$104.3M	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-SWAPlong	0.0000%	8h	1,750.6	long leg	$81.8M	$822.8M	75x
RISEx SNDK/USDCshort	0.0000%	1h	1,748.5	−0.121%	$135K	$1.6M	20x
Gate SNDK_USDT	0.0000%	8h	1,748.4	−0.128%	$178.4M	$218.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,748.8	−0.101%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,751.1	+0.029%	$273K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,747.6	−0.171%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,747.8	−0.162%	$790	$3.3M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,751.1	+0.028%	$50K	$360K	10x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,749.8	−0.049%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0006%	1h	1,745.4	−0.296%	—	$577K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,751.5	+0.050%	$727	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,749	−0.091%	$1.7M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,748.2	−0.139%	$1.2M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,748.9	−0.097%	$448K	$2.0M	10x	as long as short
Entropy io:SNDK	+0.0032%	1h	1,750	−0.034%	$4.5M	$19.5M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.820%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,746.4	−0.239%	$249K	$1.5M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0047%	8h	1,748.9	−0.098%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,747	−0.206%	$240K	$630K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,746.5	−0.234%	$118.3M	$158.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,746.5	−0.234%	$183K	$127K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,749.4	−0.068%	$715K	$521K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,749.3	−0.074%	$1.3M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,747.4	−0.181%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,748.7	−0.111%	$196K	$310K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,751.6	+0.056%	$67K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,749.5	−0.062%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,749.2	−0.082%	$426K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0127%	4h	1,751.2	+0.034%	$556K	$350K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0285%	1h	1,750	−0.033%	$127K	$344K	20x	as long as short