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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0463%/8h= −50.7% APRpaid last 24h −0.106%
Price spread now: RISEx against edgeX−0.009%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.553%−$55 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.009%, 7d avg +0.032%
Together, before fees−0.563%+ Points / potential airdropedgeX: Active · farm board−$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and RISEx is 0.040% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,767.60.0463pay 0.0232% / 4h2h 03m$561K$353K10x
ShortRISEx SNDK/USDC1,767.40get 0.0000% / 1h3m 12s$122K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against edgeX. 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
−$97.29
Price spread: −0.009% → +0.032%
−$4.05
Slippage, 4 orders
−$13
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$129.34
Costs to cover
0.280%
Break-even
never at this rate
Slippage from edgeX: live order book, 45 min ago; RISEx: live order book, 1 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 edgeX live order book, 45 min ago5.06 bp9.6 bp −$1011.3 bp −$11347.0 bp −$4,697doesn't fit
Sell RISEx live order book, 1 min ago1.39 bp4.4 bp −$46.1 bp −$61doesn't fitdoesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT−0.0242%8h1,766.4−0.065%$47.3M$164.7M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,767.1−0.027%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0025%8h1,766.2−0.079%$6.1M$22.2M20xas long as short
QFEX SNDK-USD−0.0004%1h1,766.1−0.086%$1.4M$10.6M10xas long as short
Aster SNDKUSD10.0000%8h1,767.5−0.006%$21.6M$33.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,767.2−0.019%$280.3M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,767.2−0.020%$31.7M$103.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,767.6+0.002%$82.2M$834.7M75xas long as short
RISEx SNDK/USDCshort0.0000%1h1,767.4−0.009%$122K$1.6M20x
Gate SNDK_USDT0.0000%8h1,767.1−0.025%$177.0M$232.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,767.8+0.011%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,768.5+0.053%$20K$1.8M10xas long as short
Phoenix SNDK0.0000%1h1,768.3+0.041%$275K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,765.9−0.094%$13K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,765.5−0.120%$955$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,766.6−0.057%$51K$350K10xas long as short
HTX SNDK-USDT0.0000%8h1,766.2−0.080%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,767−0.034%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0014%1h1,766−0.090%$328K$1.5M10xas long as short
Aftermath Perps SNDKUSD+0.0015%1h1,766.4−0.068%$657$37K5xas long as short
Vest SNDK-USD-PERP+0.0017%1h1,764.2−0.193%$581K10xas long as short
Pacifica SNDK+0.0024%1h1,766−0.091%$196K$303K10xas long as short
Lighter RH SNDK+0.0032%1h1,767.60.000%$1.3M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,765.7−0.108%$458K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.833%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,765.7−0.107%$260K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,765.9−0.094%$243K$666K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,767.5−0.004%$119.0M$158.1M10xas long as short
Entropy io:SNDK+0.0050%1h1,766.4−0.066%$4.7M$19.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,764.8−0.157%$185K$131K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,765.6−0.111%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,765.6−0.111%$1.4M$5.1M5xas long as short
SoDEX SNDK-USD+0.0062%1h1,766.5−0.059%$722K$520K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,770.1+0.145%$437K$2.3M10xas long as short
Lighter SNDK+0.0080%1h1,768.2+0.037%$1.8M$16.4M20xas long as short
Aevo SNDK-PERP+0.0080%1h1,765.7−0.106%$1K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,766.6−0.057%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,766.2−0.079%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,766.7−0.046%$127K$347K20xas long as short
edgeX SNDKUSDClong+0.0463%4h1,767.6long leg$561K$353K10x