Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%

Price spread now: OKX against RISEx−0.080%7-day average −0.011% · 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−$26as in the Price arb table

costs, in and out, $10k−$190.187% of the position

Long on RISEx Short on OKX

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+0.068%+$7 · spread now −0.080%, 7d avg −0.011%

Together, before fees−0.018%−$2 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: OKX is 0.069% cheaper against RISEx than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SNDK/USDC	1,790.1	0	get 0.0000% / 1h	33m 10s	$170K	$1.7M	20x
Short	OKX SNDK-USDT-SWAP	1,788.7	0	get 0.0000% / 8h	4h 33m	$84.7M	$826.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against RISEx. 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 RISExbpFee OKXbpOrdersPrice spread, now −0.080%Rate

Funding earned: $0
Price spread: −0.080% → −0.011%: −$6.88
Slippage, 4 orders: −$2.68
Fee RISEx: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$25.56
Costs to cover: 0.187%
Break-even: never at this rate

Slippage from RISEx: live order book, 1 min ago; OKX: live order book, 1 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 RISEx live order book, 1 min ago	1.06 bp	4.1 bp −$4	4.5 bp −$45	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.28 bp	5.3 bp −$5	5.5 bp −$55	10.9 bp −$1,093	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	1,789.2	−0.055%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0105%	1h	1,789	−0.063%	$4.9M	$19.9M	10x	as long as short
Nado SNDK-PERP	−0.0096%	1h	1,790	−0.010%	$311K	$1.5M	10x	as long as short
Phoenix SNDK	−0.0089%	1h	1,789.3	−0.047%	$279K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,788.9	−0.067%	$1.4M	$13.6M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.248%	$439K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.3	−0.047%	$21.8M	$37.0M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.2	−0.053%	$287.1M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789.5	−0.034%	$32.6M	$100.1M	100x	as long as short
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,788.7	−0.080%	$84.7M	$826.2M	75x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDClong	0.0000%	1h	1,790.1	long leg	$170K	$1.7M	20x
Gate SNDK_USDT	0.0000%	8h	1,789.2	−0.053%	$180.1M	$230.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789	−0.065%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,788.8	−0.077%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.1	−0.056%	$15K	$1.4M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789	−0.063%	$15K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.3	−0.103%	$1K	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.5	−0.034%	$51K	$344K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.4	−0.099%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,788.7	−0.080%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,789.2	−0.052%	$666	$38K	5x	as long as short
KuCoin SNDKUSDTM	+0.0009%	8h	1,788.1	−0.114%	$6.1M	$22.3M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,790	−0.008%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.5	−0.037%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.1	−0.056%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.549%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788	−0.122%	$277K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,789.6	−0.028%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,788.9	−0.068%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.2	−0.052%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789.2	−0.053%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,789.4	−0.041%	$115.2M	$146.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,788.8	−0.075%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789	−0.063%	$731K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,788.9	−0.069%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.7	−0.081%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,789.3	−0.049%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.7	−0.022%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.2	−0.111%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0775%	4h	1,788.7	−0.078%	$568K	$353K	10x	as long as short