Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h +0.007%

Price spread now: Aftermath Perps against OKX−0.109%7-day average — · you buy dearer than you sell

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

Long on OKX 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—needs both histories

Funding pays, the price is against you. Aftermath Perps is 0.109% cheaper against OKX than usual: you would sell low and buy high (spread −0.109% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 28 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	OKX SNDK-USDT-SWAP	1,761.8	0	get 0.0000% / 8h	1h 26m	$82.5M	$836.0M	75x
Short	Aftermath Perps SNDKUSD	1,759.9	0.0013	get 0.0002% / 1h	26m 24s	$723	$38K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against OKX. 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 OKXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.109%Rate

Funding earned: $2.72
Price spread: −0.109% → 0.000%: −$10.91
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$27.18
Costs to cover: 0.190%
Break-even: 76.9 days

Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago	0.28 bp	5.8 bp −$6	6.8 bp −$68	13.1 bp −$1,314	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	−0.0369%	8h	1,761.3	−0.028%	$48.0M	$166.2M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,760.2	−0.090%	$3.9M	$4.6M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0028%	1h	1,760.2	−0.090%	$51K	$351K	10x	as long as short
KuCoin SNDKUSDTM	−0.0012%	8h	1,760.4	−0.078%	$6.0M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,761.1	−0.041%	$1.4M	$10.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,761.4	−0.024%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,761.5	−0.018%	$279.9M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,761.8	−0.002%	$31.8M	$103.4M	100x	as long as short
OKX SNDK-USDT-SWAPlong	0.0000%	8h	1,761.8	long leg	$82.5M	$836.0M	75x
RISEx SNDK/USDC	0.0000%	1h	1,762.1	+0.016%	$120K	$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	1,761	−0.043%	$177.4M	$231.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,759	−0.157%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759.8	−0.114%	$10K	$1.9M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,758.9	−0.165%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,761.7	−0.006%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,759.9	−0.108%	$978	$3.5M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,759.8	−0.113%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,760.8	−0.056%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSDshort	+0.0013%	1h	1,759.9	−0.109%	$723	$38K	5x
Vest SNDK-USD-PERP	+0.0014%	1h	1,758.9	−0.162%	—	$581K	10x	as long as short
Nado SNDK-PERP	+0.0017%	1h	1,761.4	−0.021%	$328K	$1.5M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,762.1	+0.017%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,761	−0.045%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,760.7	−0.064%	$491K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.166%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.9	−0.166%	$253K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.7	−0.006%	$242K	$668K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,761.5	−0.017%	$118.5M	$159.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,760	−0.102%	$4.7M	$19.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760.6	−0.068%	$185K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,760	−0.100%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,760.8	−0.056%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,759.4	−0.136%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,760	−0.103%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,760.9	−0.052%	$197K	$304K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760.9	−0.052%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,759.8	−0.116%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,761	−0.047%	$431K	$2.3M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0401%	1h	1,760.5	−0.072%	$127K	$346K	20x	as long as short
edgeX SNDKUSDC	+0.0796%	4h	1,760.1	−0.094%	$559K	$351K	10x	as long as short