Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0020%/8hpaid last 24h −0.004%

Price spread now: Aevo against Orderly+0.011%7-day average — · you sell dearer than you buy

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

Long on Orderly 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SNDK_USDC_mythos	1,748.3	0.0100	pay 0.0100% / 8h	4h 22m	$8K	$1K	20x
Short	Aevo SNDK-PERP	1,748.5	0.0080	get 0.0010% / 1h	22m 12s	$1K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Orderly. 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 OrderlybpFee AevobpOrdersPrice spread, now +0.011%Rate

Funding earned: −$4.2
Price spread: +0.011% → 0.000%: $1.07
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$25.13
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Orderly and 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	1,747.9	−0.026%	$4.3M	$4.3M	75x	as long as short
Phoenix SNDK	−0.0045%	1h	1,746	−0.133%	$273K	$162K	15x	as long as short
Entropy io:SNDK	−0.0018%	1h	1,747.8	−0.030%	$4.5M	$19.9M	10x	as long as short
QFEX SNDK-USD	−0.0009%	1h	1,748.3	+0.001%	$2.2M	$22.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,748.9	+0.032%	$21.6M	$40.1M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,748.8	+0.028%	$284.4M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,749	+0.039%	$32.0M	$100.2M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,749.2	+0.050%	$88.1M	$801.9M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,748.9	+0.036%	$126K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,748.8	+0.030%	$189.2M	$237.9M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,749	+0.037%	$50.3M	$164.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,744.9	−0.194%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,746.5	−0.105%	$11K	$826K	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,748.6	+0.018%	$14K	$293K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,748.3	−0.001%	$1K	$4.0M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,748.5	+0.010%	$1.4M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,749.1	+0.046%	$2.8M	$812K	50x	as long as short
Lighter SNDK	+0.0032%	1h	1,748.9	+0.035%	$1.8M	$15.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,748.8	+0.026%	$1.3M	$10.1M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,748.2	−0.009%	$395K	$1.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0032%	1h	1,746.6	−0.099%	$430K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.954%	$36	$19K	12x	as long as short
Aftermath Perps SNDKUSD	+0.0036%	1h	1,748.7	+0.023%	$651	$36K	5x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,747.7	−0.037%	$295K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,747.5	−0.047%	—	$639K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,749	+0.039%	$241K	$636K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,748.2	−0.007%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,748.8	+0.027%	$109.5M	$143.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,748.4	+0.005%	$194K	$183K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,748.5	+0.012%	$715K	$502K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,748.4	+0.005%	$1.4M	$4.2M	5x	as long as short
Nado SNDK-PERP	+0.0056%	1h	1,748.3	+0.001%	$350K	$1.2M	10x	as long as short
Aevo SNDK-PERPshort	+0.0080%	1h	1,748.5	+0.011%	$1K	—	10x
edgeX SNDKUSDC	+0.0094%	4h	1,747.2	−0.062%	$553K	$344K	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,748.5	+0.009%	$193K	$235K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,748.3	−0.003%	$6.1M	$21.4M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,746.2	−0.124%	$67K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythoslong	+0.0100%	8h	1,748.3	long leg	$8K	$1K	20x
Deribit SNDK_USDC-PERPETUAL	+0.0139%	1h	1,748.9	+0.033%	$48K	$188K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0481%	1h	1,749.2	+0.052%	$129K	$381K	20x	as long as short