Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Ondo Perps against SoDEX−0.010%7-day average +0.015% · you buy dearer than you sell

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

Long on SoDEX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.036%−$4 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.010%, 7d avg +0.015%

Together, before fees+0.038%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.025% cheaper against SoDEX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SNDK-USD	1,761.8	0.0050	pay 0.0006% / 1h	4m 16s	$720K	$520K	10x
Short	Ondo Perps SNDK-USD.P	1,761.6	0.0050	get 0.0006% / 1h	4m 16s	$1.4M	$5.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against SoDEX. 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 SoDEXbpFee Ondo PerpsbpOrdersPrice spread, now −0.010%Rate

Funding earned: $0.08
Price spread: −0.010% → +0.015%: −$2.53
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$15.44
Costs to cover: 0.130%
Break-even: 1294.1 days

Slippage unknown: SoDEX: live order book, 34 min ago; Ondo 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 SoDEX live order book, 34 min ago	0.03 bp	7.8 bp −$8	40.9 bp −$409	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo 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	−0.0246%	8h	1,762.6	+0.047%	$50.0M	$166.6M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,761.7	−0.007%	$4.0M	$4.6M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0039%	1h	1,762.2	+0.024%	$51K	$356K	10x	as long as short
Nado SNDK-PERP	−0.0004%	1h	1,762.6	+0.045%	$330K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0003%	8h	1,761.4	−0.023%	$6.0M	$22.6M	20x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,761.7	−0.003%	$1.4M	$9.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.3	+0.028%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,762.3	+0.031%	$279.9M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.7	+0.051%	$31.8M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,762.6	+0.047%	$82.4M	$833.4M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,763	+0.071%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,762.3	+0.031%	$179.0M	$229.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,761.1	−0.041%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,761	−0.042%	$20K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761.4	−0.022%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762.5	+0.039%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,761.9	+0.008%	$722	$3.4M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.7	−0.005%	$1.4M	$10.5M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.4	+0.034%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,759.8	−0.115%	—	$579K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0017%	1h	1,762.2	+0.026%	$673	$38K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.8	+0.057%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.7	−0.006%	$493K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.167%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,763.4	+0.090%	$1.8M	$16.4M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,760.3	−0.086%	$256K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.4	+0.035%	$242K	$651K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,762.6	+0.047%	$120.0M	$157.6M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,761.2	−0.033%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,761.2	−0.033%	$185K	$128K	10x	as long as short
SoDEX SNDK-USDlong	+0.0050%	1h	1,761.8	long leg	$720K	$520K	10x
Paradex SNDK-USD-PERP	+0.0050%	8h	1,761.6	−0.007%	—	—	5x	as long as short
Ondo Perps SNDK-USD.Pshort	+0.0050%	1h	1,761.6	−0.010%	$1.4M	$5.2M	5x
Aevo SNDK-PERP	+0.0080%	1h	1,762	+0.014%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.8	+0.003%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,761.2	−0.034%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,761.8	+0.003%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,762	+0.011%	$429K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,762.7	+0.054%	$126K	$340K	20x	as long as short
edgeX SNDKUSDC	+0.0436%	4h	1,760.7	−0.064%	$559K	$351K	10x	as long as short