Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.021%

Price spread now: Polymarket Perps against OKX−0.084%7-day average −0.076% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$250.246% of the position

Long on OKX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 7 days−0.004%$0 · spread now −0.084%, 7d avg −0.076%

Together, before fees−0.093%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.076%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SNDK-USDT-SWAP	1,785.2	0	get 0.0000% / 8h	6h 36m	$85.6M	$830.8M	75x
Short	Polymarket Perps SNDK-USD	1,783.7	0.0050	get 0.0006% / 1h	36m 01s	$187K	$135K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket 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 Polymarket PerpsbpOrdersPrice spread, now −0.084%Rate

Funding earned: $10.5
Price spread: −0.084% → −0.076%: −$0.78
Slippage, 4 orders: −$6.58
Fee OKX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$14.86
Costs to cover: 0.246%
Break-even: 16.9 days

Slippage from OKX: live order book, 3 min ago; Polymarket Perps: live order book, 31 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 OKX live order book, 3 min ago	0.28 bp	5.3 bp −$5	6.3 bp −$63	11.9 bp −$1,191	57.8 bp −$28.9K
Sell Polymarket Perps live order book, 31 min ago	1.96 bp	8.1 bp −$8	9.6 bp −$96	11.4 bp −$1,138	doesn't fit

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	1,788	+0.157%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0085%	1h	1,784.1	−0.062%	$4.9M	$20.3M	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,786.8	+0.090%	$278K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,782.8	−0.134%	$1.8M	$17.2M	10x	as long as short
Nado SNDK-PERP	−0.0002%	1h	1,783.5	−0.095%	$360K	$1.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,784.5	−0.039%	$21.7M	$39.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,784.3	−0.048%	$286.2M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,784.7	−0.026%	$32.0M	$100.0M	100x	as long as short
OKX SNDK-USDT-SWAPlong	0.0000%	8h	1,785.2	long leg	$85.6M	$830.8M	75x
Gate SNDK_USDT	0.0000%	8h	1,784.3	−0.052%	$180.4M	$231.6M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,784.3	−0.050%	$44.0M	$167.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,783.8	−0.079%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,783.2	−0.114%	$15K	$1.1M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,783.7	−0.082%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,781.5	−0.210%	$771	$3.7M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,783.8	−0.079%	$51K	$328K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,784.1	−0.060%	$1.5M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,784.5	−0.039%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,785.7	+0.027%	$670	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0006%	1h	1,783.9	−0.073%	$114.2M	$146.5M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,784.8	−0.025%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,784.3	−0.050%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,784.3	−0.049%	$470K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.827%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783.6	−0.090%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,783.2	−0.114%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,783.9	−0.073%	$245K	$645K	20x	as long as short
edgeX SNDKUSDC	+0.0049%	4h	1,783.4	−0.099%	$566K	$352K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,782.6	−0.147%	—	—	5x	as long as short
Polymarket Perps SNDK-USDshort	+0.0050%	1h	1,783.7	−0.084%	$187K	$135K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,783.6	−0.087%	$729K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.3	−0.050%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,783.5	−0.095%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,783.4	−0.099%	$437K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,782.6	−0.146%	$198K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,784.5	−0.039%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.2	−0.111%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,783	−0.121%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,784.6	−0.033%	$130K	$355K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,784.1	−0.064%	$171K	$1.8M	20x	as long as short