Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0012%/8h= −1.4% APRpaid last 24h +0.001%

Price spread now: Bybit against Aftermath Perps+0.130%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 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 pays, funding is against you. Bybit is 0.130% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.130% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 35 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SNDKUSD	1,770.7	0.0012	pay 0.0002% / 1h	50m 15s	$659	$38K	5x
Short	Bybit SNDKUSDT	1,773	0	get 0.0000% / 8h	2h 50m	$31.9M	$102.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aftermath Perps. 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 Aftermath PerpsbpFee BybitbpOrdersPrice spread, now +0.130%Rate

Funding earned: −$2.59
Price spread: +0.130% → 0.000%: $12.97
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$9.62
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Bybit: live order book, 4 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Bybit live order book, 4 min ago	0.20 bp	7.7 bp −$8	13.1 bp −$131	48.0 bp −$4,805	doesn't fit

Aftermath Perps: 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	1,772	+0.077%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0043%	8h	1,772.4	+0.095%	$6.1M	$22.1M	20x	as long as short
Nado SNDK-PERP	−0.0022%	1h	1,773.3	+0.146%	$338K	$1.5M	10x	as long as short
Bitget SNDKUSDT	−0.0020%	8h	1,772.1	+0.081%	$44.7M	$162.8M	75x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,772.6	+0.109%	$1.4M	$11.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,773.3	+0.151%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,772.5	+0.105%	$280.0M	$1.83B	75x	as long as short
Bybit SNDKUSDTshort	0.0000%	8h	1,773	+0.130%	$31.9M	$102.9M	100x
OKX SNDK-USDT-SWAP	0.0000%	8h	1,772.3	+0.092%	$82.7M	$831.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,774	+0.187%	$121K	$1.6M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,772.5	+0.101%	$177.7M	$228.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,772.2	+0.087%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,772.7	+0.116%	$22K	$1.7M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,771.7	+0.058%	$276K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,772.5	+0.103%	$15K	$285K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,773.2	+0.140%	$982	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,772.8	+0.121%	$51K	$347K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,772.1	+0.079%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,772.3	+0.092%	$2.8M	$1.1M	50x	as long as short
Entropy io:SNDK	+0.0012%	1h	1,771.2	+0.030%	$4.8M	$19.7M	10x	as long as short
Aftermath Perps SNDKUSDlong	+0.0012%	1h	1,770.7	long leg	$659	$38K	5x
Vest SNDK-USD-PERP	+0.0015%	1h	1,771.6	+0.050%	—	$586K	10x	as long as short
Pacifica SNDK	+0.0024%	1h	1,772.7	+0.114%	$197K	$298K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,773	+0.131%	$1.4M	$9.3M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,772.3	+0.094%	$424K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.654%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,770.5	−0.011%	$264K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,773.3	+0.148%	$244K	$654K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,772.5	+0.103%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,772.7	+0.114%	$118.0M	$153.9M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,772.1	+0.081%	$185K	$132K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,772.3	+0.092%	$1.4M	$5.1M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,773.7	+0.173%	$435K	$2.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,772.2	+0.088%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,773	+0.129%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,771.5	+0.046%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,773.1	+0.137%	$128K	$355K	20x	as long as short
Lighter SNDK	+0.0128%	1h	1,773.7	+0.168%	$1.8M	$15.7M	20x	as long as short
SoDEX SNDK-USD	+0.0573%	1h	1,772.2	+0.086%	$724K	$513K	10x	as long as short
edgeX SNDKUSDC	+0.0742%	4h	1,771.1	+0.024%	$562K	$352K	10x	as long as short