Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.021%

Price spread now: Extended against Orderly+0.037%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Extended is 0.037% dearer against Orderly than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SNDK_USDC_mythos	1,757.5	0.0100	pay 0.0100% / 8h	2h 25m	$8K	$3K	20x
Short	Extended SNDK_24_5-USD	1,758.2	0.0032	get 0.0004% / 1h	25m 18s	$419K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Orderly. 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 OrderlybpFee ExtendedbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$14.28
Price spread: +0.037% → 0.000%: $3.73
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$21.55
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Extended: live order book, 3 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 Orderly no order-book sample	—	—	—	—	—
Sell Extended live order book, 3 min ago	1.74 bp	4.3 bp −$4	10.3 bp −$103	doesn't fit	doesn't fit

Orderly: 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	−0.0309%	8h	1,758.9	+0.077%	$45.6M	$163.3M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,758	+0.027%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0043%	8h	1,757.8	+0.015%	$6.0M	$22.1M	20x	as long as short
Entropy io:SNDK	−0.0004%	1h	1,756.7	−0.046%	$4.7M	$19.9M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,758.4	+0.051%	$1.4M	$10.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,758.3	+0.046%	$21.5M	$33.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,757.7	+0.012%	$279.3M	$1.84B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,758.3	+0.042%	$31.6M	$103.2M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,757.9	+0.022%	$81.8M	$827.0M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,758	+0.030%	$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	1,757.9	+0.021%	$175.1M	$230.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,756.4	−0.062%	$2.5M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,758.2	+0.040%	$15K	$1.7M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,755.7	−0.103%	$273K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,758	+0.028%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,758.3	+0.046%	$920	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,758.1	+0.034%	$50K	$347K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,757.2	−0.018%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,758	+0.025%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0004%	1h	1,758.5	+0.055%	$327K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0007%	1h	1,754.8	−0.152%	—	$584K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,758.8	+0.071%	$654	$37K	5x	as long as short
Pacifica SNDK	+0.0024%	1h	1,756.8	−0.038%	$195K	$303K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,758.5	+0.054%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USDshort	+0.0032%	1h	1,758.2	+0.037%	$419K	$1.9M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.415%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,756.2	−0.072%	$260K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,759	+0.085%	$242K	$657K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,757.9	+0.022%	$117.3M	$156.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,758.4	+0.051%	$184K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,756.7	−0.049%	$718K	$514K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,757.2	−0.020%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,756.8	−0.040%	$1.3M	$5.1M	5x	as long as short
Lighter SNDK	+0.0064%	1h	1,759	+0.082%	$1.8M	$16.2M	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,758.9	+0.080%	$433K	$2.3M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,758	+0.028%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,755.6	−0.110%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythoslong	+0.0100%	8h	1,757.5	long leg	$8K	$3K	20x
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,758.8	+0.072%	$126K	$354K	20x	as long as short
edgeX SNDKUSDC	+0.0391%	4h	1,755	−0.143%	$557K	$351K	10x	as long as short