Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0587%/8h= +64.3% APRpaid last 24h +0.098%
Price spread now: edgeX against Coinbase International−0.190%77s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs+$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.007%+$101 on $10k
Price spread, last 4 days (all we have)+0.270%+$27 · spread now −0.190%, 7d avg −0.016%
Together, before fees+1.277%+ Points / potential airdropedgeX: Active · farm board+$128 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.173% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.190% now, against its 7-day average of −0.016%). If the spread goes back, that is −$17 on $10k: about 24 hours of funding at the current rate (+$18 a day). The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SNDK-PERP-INTX1,776.10.0152pay 0.0019% / 1h51m 44s$448K$2.2M10x
ShortedgeX SNDKUSDC1,772.70.0739get 0.0369% / 4h1h 51m$563K$338K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Coinbase International. 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

Funding earned
$123.27
Price spread: −0.190% → −0.016%
−$17.35
Slippage, 4 orders
−$17.18
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$69.74
Costs to cover
0.362%
Break-even
3.0 days
Slippage from Coinbase International: live order book, 5 min ago; edgeX: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 5 min ago3.01 bp8.0 bp −$813.6 bp −$136doesn't fitdoesn't fit
Sell edgeX live order book, 60 min ago5.18 bp9.7 bp −$1011.2 bp −$11245.8 bp −$4,579doesn't fit

SNDK on 40 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SNDKUSD−0.0258%1h1,773.2−0.162%$168K$385K20xas long as short
BloFin SNDK-USDT−0.0120%8h1,775.5−0.033%$4.0M$4.7M75xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0060%1h1,773.7−0.134%$23K$421K10xas long as short
QFEX SNDK-USD−0.0001%1h1,772.9−0.178%$1.4M$9.4M10xas long as short
Aster SNDKUSD10.0000%8h1,774.9−0.065%$21.6M$32.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,774.5−0.086%$282.9M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,774.8−0.075%$31.5M$106.7M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,774.7−0.078%$82.6M$842.1M75xas long as short
Gate SNDK_USDT0.0000%8h1,774.3−0.101%$182.3M$218.3M75xas long as short
Bitget SNDKUSDT0.0000%8h1,774.7−0.079%$49.9M$171.2M75xas long as short
Show all 40 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,774.1−0.111%$2.7M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,774−0.117%$276K$188K15xas long as short
Bullet SNDK-USD0.0000%1h1,774.6−0.083%$15K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,774−0.115%$848$3.1M20xas long as short
HTX SNDK-USDT0.0000%8h1,773.9−0.122%$1.4M$9.8M50xas long as short
Phemex SNDKUSDT0.0000%8h1,775.4−0.038%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0018%1h1,774.4−0.093%$684$38K5xas long as short
Nado SNDK-PERP+0.0031%1h1,774.7−0.076%$331K$1.5M10xas long as short
Lighter RH SNDK+0.0032%1h1,774.7−0.076%$1.3M$9.7M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,774.2−0.104%$432K$2.4M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.345%$36$4K12xas long as short
Arcus SNDK-USD+0.0040%1h1,774.3−0.101%$272K$1.3M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,774.3−0.098%$574K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,773.4−0.151%$244K$700K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,774.4−0.095%$121.7M$152.8M10xas long as short
Entropy io:SNDK+0.0050%1h1,774−0.117%$4.5M$19.1M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,773.5−0.145%$187K$130K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,774.6−0.086%$728K$525K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,774.3−0.100%$1.4M$5.3M5xas long as short
Paradex SNDK-USD-PERP+0.0053%8h1,774.7−0.080%5xas long as short
Aevo SNDK-PERP+0.0080%1h1,774.1−0.111%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,774.5−0.089%$199K$305K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,773.9−0.124%$6.1M$23.1M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,774.3−0.100%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,773.7−0.132%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTXlong+0.0152%1h1,776.1long leg$448K$2.2M10x
GRVT SNDK_USDT_Perp+0.0171%8h1,775.2−0.048%$22K$2.4M10xas long as short
Lighter SNDK+0.0192%1h1,775.9−0.010%$1.9M$16.7M20xas long as short
edgeX SNDKUSDCshort+0.0739%4h1,772.7−0.190%$563K$338K10x
RISEx SNDK/USDC+0.0898%1h1,776.1+0.002%$146K$1.5M20xas long as short