Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.021%

Price spread now: OKX against Vest−0.013%7-day average −0.750% · you buy dearer than you sell

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

Long on Vest Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.077%−$8 on $10k

Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.013%, 7d avg −0.750%

Together, before fees−0.061%+ Points / potential airdropVest: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.737% dearer against Vest than usual: you sell high and buy low (spread −0.013% now, against its 7-day average of −0.750%): +$74 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 54 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SNDK-USD-PERP	1,772.8	0.0046	pay 0.0006% / 1h	39m 24s	—	$580K	10x
Short	OKX SNDK-USDT-SWAP	1,772.6	0	get 0.0000% / 8h	3h 39m	$83.0M	$823.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$9.59
Price spread: −0.013% → −0.750%: $73.7
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee OKX: 5 bp × 2 orders: −$10
Net: $52.11
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; OKX: 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 Vest no order-book sample	—	—	—	—	—
Sell OKX live order book, 5 min ago	0.28 bp	5.3 bp −$5	6.0 bp −$60	12.1 bp −$1,207	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	1,777	+0.237%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0107%	1h	1,776.8	+0.224%	$4.8M	$19.8M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0071%	1h	1,775.6	+0.157%	$51K	$346K	10x	as long as short
Nado SNDK-PERP	−0.0046%	1h	1,775.5	+0.151%	$345K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0046%	8h	1,774.8	+0.111%	$6.1M	$22.1M	20x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,773.9	+0.058%	$1.4M	$12.2M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,780.2	+0.416%	$433K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,775.4	+0.145%	$21.7M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,773.1	+0.013%	$282.5M	$1.81B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,773.4	+0.034%	$32.2M	$101.6M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,772.6	−0.013%	$83.0M	$823.7M	75x
RISEx SNDK/USDC	0.0000%	1h	1,775.3	+0.140%	$169K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,773	+0.008%	$178.3M	$229.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,773.9	+0.060%	$43.6M	$162.3M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,777.2	+0.245%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,777.2	+0.244%	$14K	$1.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.2	+0.303%	$277K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,772.9	+0.005%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,774.1	+0.070%	$685	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,775	+0.122%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,775.3	+0.137%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0006%	1h	1,779.5	+0.377%	$662	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,775.2	+0.135%	$1.7M	$15.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,774.7	+0.108%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,774.2	+0.077%	$435K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.530%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,777.3	+0.251%	$265K	$1.5M	10x	as long as short
Vest SNDK-USD-PERPlong	+0.0046%	1h	1,772.8	long leg	—	$580K	10x
Popdex SNDKUSDT	+0.0048%	1h	1,774.6	+0.100%	$244K	$651K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,774.2	+0.075%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,773.7	+0.049%	$117.1M	$151.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,773.6	+0.043%	$186K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,775.3	+0.140%	$726K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,774.8	+0.111%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,772.7	−0.006%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,774.4	+0.086%	$197K	$288K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,780.5	+0.434%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,772	−0.049%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,776	+0.181%	$129K	$352K	20x	as long as short
edgeX SNDKUSDC	+0.0813%	4h	1,778.6	+0.324%	$565K	$351K	10x	as long as short