Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.130%

Price spread now: edgeX against Aftermath Perps−0.021%52s7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. edgeX is 0.021% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 4.2 days of funding at the current rate ($0 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SNDKUSD	1,787.3	0.0010	pay 0.0001% / 1h	35m 35s	$683	$37K	5x
Short	edgeX SNDKUSDC	1,786.9	0.0026	get 0.0013% / 4h	3h 35m	$567K	$354K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Aftermath Perps. 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 Aftermath PerpsbpFee edgeXbpOrdersPrice spread, now −0.021%Rate

Funding earned: $3.46
Price spread: −0.021% → 0.000%: −$2.1
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$16.64
Costs to cover: 0.180%
Break-even: 40.7 days

Slippage unknown: Aftermath Perps: no order-book sample; edgeX: live order book, 38 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell edgeX live order book, 38 min ago	5.04 bp	9.6 bp −$10	11.3 bp −$113	46.7 bp −$4,667	doesn't fit

Aftermath Perps: 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	1,787	−0.019%	$4.1M	$4.5M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0103%	1h	1,786.2	−0.061%	$50K	$313K	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.2	−0.061%	$21.8M	$45.1M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,785.5	−0.100%	$285.2M	$1.84B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,786	−0.075%	$32.1M	$100.4M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.4	−0.106%	$86.2M	$833.9M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,785.9	−0.077%	$183.1M	$234.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,784.4	−0.163%	$47.5M	$168.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,785.4	−0.108%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.7	−0.032%	$10K	$1.1M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,786.5	−0.044%	$278K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786	−0.075%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,784.6	−0.149%	$1K	$3.8M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786.5	−0.042%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786	−0.074%	$2.8M	$1.0M	50x	as long as short
Nado SNDK-PERP	+0.0001%	1h	1,786.3	−0.057%	$347K	$1.4M	10x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,785.6	−0.095%	$2.1M	$20.1M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,786.7	−0.033%	$171K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSDlong	+0.0010%	1h	1,787.3	long leg	$683	$37K	5x
edgeX SNDKUSDCshort	+0.0026%	4h	1,786.9	−0.021%	$567K	$354K	10x
Lighter SNDK	+0.0032%	1h	1,787.3	+0.002%	$1.6M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,786.7	−0.031%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.1	−0.067%	$430K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.709%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,785.7	−0.087%	$299K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,784.9	−0.134%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,785.5	−0.100%	$245K	$652K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,786.2	−0.061%	$114.8M	$147.8M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,785.9	−0.078%	$4.8M	$20.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784.9	−0.134%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,786.3	−0.057%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,785.9	−0.078%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785.7	−0.091%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,786	−0.073%	$199K	$291K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.9	−0.078%	$6.1M	$22.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787.5	+0.011%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.8	−0.082%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,787.1	−0.012%	$442K	$2.3M	10x	as long as short
SoDEX SNDK-USD	+0.0186%	1h	1,786	−0.075%	$730K	$515K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0661%	1h	1,786.5	−0.044%	$130K	$378K	20x	as long as short