Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.018%

Price spread now: Orderly against Vest−0.088%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.088% cheaper against Vest than usual: you would sell low and buy high (spread −0.088% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 5.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SNDK-USD-PERP	1,776.9	0.0046	pay 0.0006% / 1h	5m 45s	—	$572K	10x
Short	Orderly PERP_SNDK_USDC_mythos	1,775.3	0.0100	get 0.0100% / 8h	6h 05m	$8K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.088%Rate

Funding earned: $11.41
Price spread: −0.088% → 0.000%: −$8.84
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$5.43
Costs to cover: 0.080%
Break-even: 10.3 days

Slippage unknown: Vest: no order-book sample; Orderly: 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 Vest no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Vest and Orderly: 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 exchanges

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	1,778.5	+0.089%	$4.0M	$4.7M	75x	as long as short
Nado SNDK-PERP	−0.0007%	1h	1,777.5	+0.032%	$339K	$1.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,777.1	+0.011%	$21.7M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,778.1	+0.069%	$284.0M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,778.6	+0.097%	$31.5M	$106.4M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,778	+0.061%	$82.0M	$843.0M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,777.2	+0.018%	$146K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,778.1	+0.066%	$181.9M	$220.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,778.2	+0.070%	$47.9M	$170.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,771.4	−0.311%	$2.7M	$4.7M	—	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,771.3	−0.316%	$276K	$189K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,777.1	+0.011%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,778.7	+0.098%	$825	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,778	+0.064%	$35K	$393K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,777.3	+0.024%	$1.4M	$9.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,778.1	+0.069%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	0.0000%	1h	1,776.1	−0.047%	$1.4M	$9.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0016%	1h	1,771.4	−0.311%	$753	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,778.4	+0.082%	$1.2M	$9.7M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,778	+0.059%	$397K	$2.3M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.297%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,775.6	−0.073%	$272K	$1.4M	10x	as long as short
Vest SNDK-USD-PERPlong	+0.0046%	1h	1,776.9	long leg	—	$572K	10x
Popdex SNDKUSDT	+0.0048%	1h	1,776	−0.051%	$249K	$680K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,777.5	+0.033%	$121.5M	$152.7M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,774	−0.164%	$4.6M	$19.1M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,776.2	−0.040%	$187K	$130K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,776.6	−0.017%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0053%	8h	1,777	+0.007%	—	—	5x	as long as short
Lighter SNDK	+0.0064%	1h	1,779	+0.120%	$1.8M	$16.9M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,777.2	+0.016%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,777.2	+0.016%	$199K	$305K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,776.5	−0.023%	$6.1M	$23.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,771.5	−0.307%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythosshort	+0.0100%	8h	1,775.3	−0.088%	$8K	$3K	20x
Coinbase International SNDK-PERP-INTX	+0.0136%	1h	1,777.1	+0.012%	$441K	$2.2M	10x	as long as short
GRVT SNDK_USDT_Perp	+0.0137%	8h	1,772.1	−0.271%	$27K	$2.4M	10x	as long as short
edgeX SNDKUSDC	+0.0210%	4h	1,771.3	−0.313%	$563K	$338K	10x	as long as short
SoDEX SNDK-USD	+0.0300%	1h	1,776	−0.054%	$729K	$523K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0548%	1h	1,777.1	+0.009%	$163K	$380K	20x	as long as short