Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h +0.005%

Price spread now: Aftermath Perps against Aster−0.140%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Aftermath Perps

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aftermath Perps is 0.140% cheaper against Aster than usual: you would sell low and buy high (spread −0.140% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 34 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SNDKUSD1	1,761.5	0	get 0.0000% / 8h	1h 30m	$21.5M	$32.9M	20x
Short	Aftermath Perps SNDKUSD	1,759	0.0014	get 0.0002% / 1h	30m 15s	$654	$38K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Aster. 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 AsterbpFee Aftermath PerpsbpOrdersPrice spread, now −0.140%Rate

Funding earned: $2.92
Price spread: −0.140% → 0.000%: −$13.98
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$28.06
Costs to cover: 0.170%
Break-even: 74.3 days

Slippage unknown: Aster: live order book, 4 min ago; Aftermath Perps: 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 Aster live order book, 4 min ago	1.22 bp	5.7 bp −$6	11.7 bp −$117	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

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
Bitget SNDKUSDT	−0.0371%	8h	1,760.6	−0.049%	$47.8M	$166.0M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,759.5	−0.111%	$3.9M	$4.6M	75x	as long as short
KuCoin SNDKUSDTM	−0.0013%	8h	1,759.6	−0.109%	$6.0M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,760	−0.085%	$1.4M	$10.4M	10x	as long as short
Aster SNDKUSD1long	0.0000%	8h	1,761.5	long leg	$21.5M	$32.9M	20x
Binance SNDKUSDT	0.0000%	8h	1,760.3	−0.067%	$280.1M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,760.5	−0.054%	$31.7M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,760.4	−0.061%	$82.3M	$835.0M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,761.2	−0.014%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,760.4	−0.059%	$177.3M	$230.9M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,759	−0.139%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759	−0.140%	$10K	$1.9M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,758.3	−0.180%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,760.3	−0.067%	$13K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,760.2	−0.073%	$769	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,760.2	−0.070%	$51K	$351K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,759.6	−0.106%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,761.1	−0.021%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0013%	1h	1,757.6	−0.221%	—	$581K	10x	as long as short
Aftermath Perps SNDKUSDshort	+0.0014%	1h	1,759	−0.140%	$654	$38K	5x
Nado SNDK-PERP	+0.0025%	1h	1,760.5	−0.053%	$327K	$1.5M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,761.3	−0.011%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,760.6	−0.052%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,760	−0.083%	$491K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.185%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.1	−0.192%	$253K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,760.4	−0.061%	$242K	$677K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,760.2	−0.072%	$118.4M	$158.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,759.4	−0.118%	$4.7M	$19.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,759.3	−0.123%	$185K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,759.6	−0.109%	$719K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,760	−0.084%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,759.7	−0.101%	$1.3M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,759.9	−0.088%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,760.1	−0.075%	$196K	$303K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760	−0.084%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,759.9	−0.090%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,758.5	−0.168%	$430K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0323%	4h	1,758.8	−0.150%	$559K	$353K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0401%	1h	1,760.8	−0.040%	$127K	$346K	20x	as long as short