Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.013%

Price spread now: SunX against Vest+0.168%7-day average −0.771% · you sell dearer than you buy

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

Long on Vest Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.045%−$4 on $10k

Price spread, last 4 days (all we have)−0.277%−$28 · spread now +0.168%, 7d avg −0.771%

Together, before fees−0.322%+ Points / potential airdropVest: Active · farm board−$32 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.939% dearer against Vest than usual: you sell high and buy low (spread +0.168% now, against its 7-day average of −0.771%): +$94 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 9 months. At the pace of the last 3 days (−0.045% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SNDK-USD-PERP	1,766.2	0.0011	pay 0.0001% / 1h	9m 50s	—	$581K	10x
Short	SunX SNDK-USDT	1,769.2	0	get 0.0000% / 8h	2h 09m	$879	$3.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.168%Rate

Funding earned: −$2.37
Price spread: +0.168% → −0.771%: $93.89
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: $81.52
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago	28.04 bp	32.0 bp −$32	61.6 bp −$616	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
Bitget SNDKUSDT	−0.0310%	8h	1,769.5	+0.185%	$47.0M	$164.8M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,768.4	+0.121%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0031%	8h	1,769.3	+0.172%	$6.1M	$22.1M	20x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,767.9	+0.091%	$1.4M	$10.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,771	+0.268%	$21.6M	$33.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,770.2	+0.223%	$281.0M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,770.6	+0.246%	$31.9M	$103.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,770.6	+0.247%	$82.1M	$835.2M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,769.3	+0.173%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,769.8	+0.203%	$176.6M	$231.7M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,767.4	+0.064%	$2.5M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,761.7	−0.256%	$16K	$1.8M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761.7	−0.257%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,768.7	+0.139%	$14K	$288K	10x	as long as short
SunX SNDK-USDTshort	0.0000%	8h	1,769.2	+0.168%	$879	$3.5M	20x
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,769.1	+0.164%	$51K	$349K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,769	+0.155%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,769	+0.154%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0008%	1h	1,768.5	+0.131%	$329K	$1.5M	10x	as long as short
Vest SNDK-USD-PERPlong	+0.0011%	1h	1,766.2	long leg	—	$581K	10x
Aftermath Perps SNDKUSD	+0.0014%	1h	1,764.3	−0.110%	$656	$37K	5x	as long as short
Pacifica SNDK	+0.0024%	1h	1,768	+0.100%	$197K	$303K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,769.6	+0.190%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,769.2	+0.166%	$439K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.909%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,764.2	−0.117%	$262K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,768.5	+0.128%	$243K	$666K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,769.3	+0.173%	$119.1M	$157.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,765.9	−0.019%	$4.7M	$19.9M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,767.5	+0.071%	$185K	$131K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,767.6	+0.078%	$723K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,768.3	+0.116%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,767.8	+0.088%	$1.4M	$5.1M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,770.1	+0.220%	$437K	$2.3M	10x	as long as short
Lighter SNDK	+0.0080%	1h	1,770.4	+0.233%	$1.8M	$16.4M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,768.6	+0.134%	$1K	—	10x	as long as short
edgeX SNDKUSDC	+0.0095%	4h	1,764.1	−0.123%	$560K	$351K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,764.5	−0.096%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,768.4	+0.124%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,769.4	+0.179%	$127K	$347K	20x	as long as short