Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.008%

Price spread now: KuCoin against Vest+0.177%7-day average −0.724% · you sell dearer than you buy

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

Long on Vest Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.012%−$1 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.177%, 7d avg −0.724%

Together, before fees−0.064%+ Points / potential airdropVest: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.901% dearer against Vest than usual: you sell high and buy low (spread +0.177% now, against its 7-day average of −0.724%): +$90 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months. At the pace of the last 4 days (−0.012% in total) that is about 9 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SNDK-USD-PERP	1,745.4	0.0006	pay 0.0001% / 1h	34m 01s	—	$577K	10x
Short	KuCoin SNDKUSDTM	1,748.5	−0.0044	pay 0.0044% / 8h	7h 34m	$6.0M	$22.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Vest. 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 VestbpFee KuCoinbpOrdersPrice spread, now +0.177%Rate

Funding earned: −$10.48
Price spread: +0.177% → −0.724%: $90.14
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $65.65
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 5 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 5 min ago	1.14 bp	14.4 bp −$14	64.6 bp −$646	doesn't fit	doesn't fit

Vest: 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
GRVT SNDK_USDT_Perp	−0.0845%	8h	1,750.4	+0.286%	$21K	$2.2M	10x	as long as short
HTX SNDK-USDT	−0.0359%	8h	1,750	+0.261%	$1.4M	$10.6M	50x	as long as short
Bitget SNDKUSDT	−0.0245%	8h	1,748.1	+0.154%	$49.4M	$167.2M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,749.5	+0.231%	$4.0M	$4.5M	75x	as long as short
Nado SNDK-PERP	−0.0075%	1h	1,749.8	+0.254%	$332K	$1.5M	10x	as long as short
KuCoin SNDKUSDTMshort	−0.0044%	8h	1,748.5	+0.177%	$6.0M	$22.5M	20x
QFEX SNDK-USD	−0.0002%	1h	1,747	+0.089%	$1.4M	$9.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,749.8	+0.253%	$21.3M	$32.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,748.5	+0.176%	$279.6M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,748.6	+0.179%	$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-SWAP	0.0000%	8h	1,748.2	+0.159%	$81.8M	$821.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,748.5	+0.175%	$135K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,748.9	+0.198%	$178.3M	$218.3M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,748.8	+0.195%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,751.1	+0.325%	$273K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,747.6	+0.125%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,747.8	+0.134%	$790	$3.3M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,751.1	+0.325%	$50K	$360K	10x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,750.3	+0.278%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERPlong	+0.0006%	1h	1,745.4	long leg	—	$577K	10x
Aftermath Perps SNDKUSD	+0.0011%	1h	1,751.5	+0.347%	$727	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,749.8	+0.250%	$1.7M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,749.3	+0.222%	$1.3M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,750	+0.262%	$444K	$2.0M	10x	as long as short
Entropy io:SNDK	+0.0032%	1h	1,750	+0.262%	$4.5M	$19.5M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+3.125%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,746.4	+0.057%	$249K	$1.5M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0047%	8h	1,748.9	+0.198%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,747	+0.091%	$240K	$630K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,747.7	+0.131%	$118.4M	$158.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,746.5	+0.062%	$183K	$127K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,748.7	+0.190%	$715K	$521K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,749.3	+0.222%	$1.3M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,747.4	+0.115%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,748.7	+0.186%	$196K	$310K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,751.6	+0.353%	$67K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,749.5	+0.234%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,749.6	+0.241%	$425K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0127%	4h	1,751.2	+0.330%	$556K	$350K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0286%	1h	1,749	+0.205%	$127K	$344K	20x	as long as short