Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.013%

Price spread now: Bitget against Vest+0.166%7-day average −0.746% · you sell dearer than you buy

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

Long on Vest Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.032%−$3 on $10k

Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.166%, 7d avg −0.746%

Together, before fees−0.169%+ Points / potential airdropVest: Active · farm board−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.911% dearer against Vest than usual: you sell high and buy low (spread +0.166% now, against its 7-day average of −0.746%): +$91 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SNDK-USD-PERP	1,764.1	0.0025	pay 0.0003% / 1h	5m 54s	—	$582K	10x
Short	Bitget SNDKUSDT	1,767	0	get 0.0000% / 8h	3h 05m	$44.2M	$162.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Vest. 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 VestbpFee BitgetbpOrdersPrice spread, now +0.166%Rate

Funding earned: −$5.19
Price spread: +0.166% → −0.746%: $91.11
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bitget: 6 bp × 2 orders: −$12
Net: $71.92
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Bitget: 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 Vest no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	0.62 bp	8.4 bp −$8	10.5 bp −$105	doesn't fit	doesn't fit

Vest: 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	1,765.9	+0.107%	$3.9M	$4.4M	75x	as long as short
KuCoin SNDKUSDTM	−0.0048%	8h	1,767.1	+0.175%	$6.1M	$22.1M	20x	as long as short
Entropy io:SNDK	−0.0031%	1h	1,767.1	+0.173%	$4.8M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,767.4	+0.187%	$1.4M	$11.9M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,766.8	+0.157%	$433K	$2.3M	10x	as long as short
Nado SNDK-PERP	−0.0005%	1h	1,768.5	+0.249%	$341K	$1.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,767.5	+0.194%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,767	+0.165%	$280.2M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,767.1	+0.173%	$31.7M	$102.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,767.1	+0.173%	$81.9M	$827.8M	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	1,768.5	+0.251%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,766.6	+0.147%	$177.3M	$231.8M	75x	as long as short
Bitget SNDKUSDTshort	0.0000%	8h	1,767	+0.166%	$44.2M	$162.8M	75x
Variational Omni SNDK	0.0000%	8h	1,767.8	+0.212%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,763.9	−0.009%	$10K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,765.4	+0.077%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,768.4	+0.247%	$14K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,767.5	+0.194%	$806	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,768.1	+0.232%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,767.8	+0.213%	$2.8M	$1.1M	50x	as long as short
edgeX SNDKUSDC	+0.0008%	4h	1,764.2	+0.011%	$560K	$352K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,768.1	+0.231%	$658	$38K	5x	as long as short
Vest SNDK-USD-PERPlong	+0.0025%	1h	1,764.1	long leg	—	$582K	10x
Lighter SNDK	+0.0032%	1h	1,768.8	+0.268%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,768.2	+0.236%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,766.4	+0.133%	$424K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.036%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,765.5	+0.082%	$263K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,768.3	+0.241%	$244K	$654K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,767.2	+0.179%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,767.1	+0.173%	$117.1M	$153.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,768.2	+0.235%	$185K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,766.8	+0.158%	$722K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,767.3	+0.184%	$1.4M	$5.1M	5x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0055%	1h	1,768.2	+0.236%	$51K	$346K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,768	+0.222%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,767.8	+0.214%	$197K	$296K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,763.4	−0.040%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,767	+0.169%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,768.8	+0.267%	$128K	$355K	20x	as long as short