Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.004%

Price spread now: tradeXYZ against Variational Omni+0.008%7-day average −0.054% · you sell dearer than you buy

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

Long on Variational Omni Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.035%−$3 on $10k

Price spread, last 7 days−0.045%−$5 · spread now +0.008%, 7d avg −0.054%

Together, before fees−0.080%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.061% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SNDK	1,788.8	0	get 0.0000% / 8h	4h 34m	$2.6M	$4.7M	—
Short	tradeXYZ xyz:SNDK	1,788.9	0.0050	get 0.0006% / 1h	34m 52s	$115.1M	$146.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Variational Omni. 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 Variational OmnibpFee tradeXYZbpOrdersPrice spread, now +0.008%Rate

Funding earned: $10.5
Price spread: +0.008% → −0.054%: $6.13
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$1.37
Costs to cover: 0.180%
Break-even: 7.9 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; tradeXYZ: live order book, 5 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 Variational Omni RFQ quote, 4 min ago	2.38 bp	doesn't fit	4.7 bp −$47	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 5 min ago	0.28 bp	9.4 bp −$9	10.1 bp −$101	15.2 bp −$1,522	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	1,789.2	+0.023%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0105%	1h	1,788.9	+0.008%	$4.9M	$19.9M	10x	as long as short
Nado SNDK-PERP	−0.0099%	1h	1,790.1	+0.074%	$311K	$1.5M	10x	as long as short
Phoenix SNDK	−0.0089%	1h	1,789.3	+0.030%	$279K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,788.9	+0.008%	$1.4M	$13.6M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.171%	$439K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.1	+0.021%	$21.8M	$37.1M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,788.8	+0.004%	$287.1M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789.3	+0.032%	$32.6M	$100.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,788.1	−0.037%	$84.7M	$826.0M	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	1,790.3	+0.088%	$170K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,788.7	−0.004%	$180.0M	$230.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,788.7	−0.003%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDKlong	0.0000%	8h	1,788.8	long leg	$2.6M	$4.7M	—
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.1	+0.019%	$11K	$1.4M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.1	+0.020%	$15K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.3	−0.024%	$1K	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.4	+0.038%	$51K	$344K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.5	−0.012%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.1	+0.020%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,790.2	+0.078%	$666	$38K	5x	as long as short
KuCoin SNDKUSDTM	+0.0012%	8h	1,788.1	−0.035%	$6.1M	$22.3M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.2	+0.082%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.8	+0.057%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.2	+0.024%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.626%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.3	−0.028%	$276K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,789.5	+0.040%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789	+0.011%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,788.8	+0.002%	$246K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789.1	+0.018%	—	—	5x	as long as short
tradeXYZ xyz:SNDKshort	+0.0050%	1h	1,788.9	+0.008%	$115.1M	$146.4M	10x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,788.6	−0.009%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.1	+0.019%	$731K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,788.9	+0.008%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.7	−0.004%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,789.4	+0.034%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.2	+0.022%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.4	−0.021%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0918%	4h	1,788.8	+0.001%	$568K	$352K	10x	as long as short