Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0012%/8h= +1.4% APRpaid last 24h −0.004%

Price spread now: Aftermath Perps against SunX−0.125%7-day average — · you buy dearer than you sell

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

Long on SunX 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 0.125% cheaper against SunX than usual: you would sell low and buy high (spread −0.125% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 34 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	SunX SNDK-USDT	1,781.5	0	get 0.0000% / 8h	7h 52m	$1K	$3.9M	20x
Short	Aftermath Perps SNDKUSD	1,779.2	0.0012	get 0.0002% / 1h	52m 44s	$788	$37K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against SunX. 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 SunXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.125%Rate

Funding earned: $2.59
Price spread: −0.125% → 0.000%: −$12.53
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$26.94
Costs to cover: 0.170%
Break-even: 79.7 days

Slippage unknown: SunX: live order book, 5 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 SunX live order book, 5 min ago	354.72 bp	358.7 bp −$359	doesn't fit	doesn't fit	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
BloFin SNDK-USDT	−0.0120%	8h	1,783.3	+0.103%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,782.9	+0.080%	$21.9M	$46.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,783.5	+0.113%	$284.7M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,784.1	+0.147%	$32.2M	$100.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,783.6	+0.121%	$86.6M	$836.4M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,783.3	+0.106%	$182.7M	$232.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,783.2	+0.097%	$48.2M	$169.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,779.6	−0.106%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,780.1	−0.073%	$19K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,777.9	−0.199%	$277K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNDK-USDTlong	0.0000%	8h	1,781.5	long leg	$1K	$3.9M	20x
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,782.5	+0.061%	$50K	$310K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,782.5	+0.059%	$1.5M	$11.0M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,783.2	+0.097%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,781.4	−0.005%	$2.2M	$21.0M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,782.3	+0.046%	$174K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSDshort	+0.0012%	1h	1,779.2	−0.125%	$788	$37K	5x
Lighter RH SNDK	+0.0032%	1h	1,782.9	+0.083%	$1.3M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,782.8	+0.077%	$419K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.039%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,783.8	+0.132%	$1.5M	$15.9M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,779.1	−0.134%	$285K	$1.6M	10x	as long as short
Entropy io:SNDK	+0.0044%	1h	1,779.8	−0.093%	$4.7M	$19.9M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,781.6	+0.007%	—	$675K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,781.6	+0.008%	$246K	$661K	20x	as long as short
Nado SNDK-PERP	+0.0048%	1h	1,782	+0.032%	$354K	$1.4M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,782.4	+0.055%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,781.7	+0.014%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,781.8	+0.022%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,781.9	+0.025%	$212K	$279K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,782.3	+0.047%	$6.1M	$22.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,779.8	−0.091%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,781.8	+0.020%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,781.4	−0.006%	$441K	$2.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0171%	1h	1,781.9	+0.025%	$186K	$143K	10x	as long as short
edgeX SNDKUSDC	+0.0314%	4h	1,778.1	−0.186%	$565K	$353K	10x	as long as short
tradeXYZ xyz:SNDK	+0.0370%	1h	1,783.6	+0.121%	$114.5M	$149.7M	10x	as long as short
Bullet SNDK-USD	+0.0383%	1h	1,782.4	+0.055%	$14K	$290K	10x	as long as short
SoDEX SNDK-USD	+0.0399%	1h	1,781.8	+0.022%	$728K	$527K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0662%	1h	1,782.9	+0.083%	$130K	$399K	20x	as long as short