Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Extended against Aster−0.064%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$380.376% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days+0.002%$0 · spread now −0.064%, 7d avg −0.034%

Together, before fees+0.019%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.029% cheaper against Aster than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.034%). If the spread goes back, that is −$3 on $10k: about 3.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.017% in total) that is about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SNDKUSD1	1,763.8	0	get 0.0000% / 8h	4h 45m	$21.5M	$32.3M	20x
Short	Extended SNDK_24_5-USD	1,762.6	0.0032	get 0.0004% / 1h	45m 23s	$421K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.064%Rate

Funding earned: $6.72
Price spread: −0.064% → −0.034%: −$2.95
Slippage, 4 orders: −$24.62
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$33.85
Costs to cover: 0.376%
Break-even: 42.3 days

Slippage from Aster: live order book, 2 min ago; Extended: 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 Aster live order book, 2 min ago	1.82 bp	10.9 bp −$11	19.4 bp −$194	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	3.17 bp	11.9 bp −$12	34.5 bp −$345	doesn't fit	doesn't fit

SNDK on 40 exchanges

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
Kraken Futures PF_SNDKUSD	−0.0127%	1h	1,762.6	−0.066%	$166K	$378K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,763.4	−0.024%	$3.9M	$4.7M	75x	as long as short
Entropy io:SNDK	−0.0001%	1h	1,763.2	−0.032%	$4.5M	$19.3M	10x	as long as short
Aster SNDKUSD1long	0.0000%	8h	1,763.8	long leg	$21.5M	$32.3M	20x
Binance SNDKUSDT	0.0000%	8h	1,763.5	−0.017%	$281.0M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,763.5	−0.014%	$31.4M	$107.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,764	+0.013%	$79.3M	$843.0M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,763.7	−0.004%	$146K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,763.4	−0.022%	$180.7M	$210.6M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,763.2	−0.032%	$48.5M	$172.3M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,762.6	−0.064%	$2.7M	$4.4M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,761.9	−0.108%	$22K	$2.7M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,763.7	−0.004%	$13K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,762.1	−0.093%	$811	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,762.7	−0.064%	$19K	$451K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,762.5	−0.074%	$1.5M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,763.3	−0.024%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0004%	1h	1,762.6	−0.065%	$1.5M	$9.3M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0023%	1h	1,764	+0.014%	$674	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,763.4	−0.024%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USDshort	+0.0032%	1h	1,762.6	−0.064%	$421K	$2.4M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.052%	$36	$4K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,762.1	−0.097%	$260K	$1.4M	10x	as long as short
Phoenix SNDK	+0.0045%	1h	1,763.8	+0.002%	$275K	$178K	15x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,762	−0.098%	—	$570K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,763.2	−0.032%	$243K	$700K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,763.6	−0.010%	$122.6M	$151.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,763.1	−0.038%	$188K	$174K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,763.6	−0.011%	$722K	$529K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,764.1	+0.019%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,763.4	−0.023%	—	—	5x	as long as short
Nado SNDK-PERP	+0.0065%	1h	1,763.2	−0.035%	$319K	$1.5M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,763.1	−0.037%	$1K	—	10x	as long as short
Lighter SNDK	+0.0096%	1h	1,764.1	+0.017%	$1.8M	$16.5M	20x	as long as short
Pacifica SNDK	+0.0100%	1h	1,763.8	−0.001%	$192K	$305K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,763.5	−0.013%	$6.1M	$23.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,762.7	−0.060%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,762.4	−0.076%	$9K	$6K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0176%	1h	1,761.9	−0.108%	$446K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0947%	4h	1,761.7	−0.119%	$560K	$339K	10x	as long as short