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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0692%/8h= −75.8% APRpaid last 24h −0.103%
Price spread now: SoDEX against edgeX−0.176%75s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.495%−$50 on $10k
Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.176%, 7d avg −0.013%
Together, before fees−0.569%+ Points / potential airdropedgeX: Active · farm board−$57 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and SoDEX is 0.163% cheaper against edgeX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,753.20.0742pay 0.0371% / 4h3h 37m$557K$350K10x
ShortSoDEX SNDK-USD1,750.10.0050get 0.0006% / 1h37m 44s$716K$521K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$145.28
Price spread: −0.176% → −0.013%
−$16.27
Slippage, 4 orders
−$17.78
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$196.33
Costs to cover
0.348%
Break-even
never at this rate
Slippage from edgeX: live order book, 61 min ago; SoDEX: live order book, 61 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, 61 min ago5.11 bp9.6 bp −$1011.2 bp −$11246.8 bp −$4,679doesn't fit
Sell SoDEX live order book, 61 min ago0.03 bp7.8 bp −$835.4 bp −$354doesn'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
HTX SNDK-USDT−0.0670%8h1,749.4−0.216%$1.4M$10.5M50xas long as short
GRVT SNDK_USDT_Perp−0.0660%8h1,755.1+0.111%$21K$2.2M10xas long as short
Bitget SNDKUSDT−0.0248%8h1,752.2−0.056%$49.4M$166.8M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,750.2−0.171%$3.9M$4.5M75xas long as short
Nado SNDK-PERP−0.0082%1h1,750.1−0.177%$332K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0043%8h1,750.8−0.135%$6.0M$22.5M20xas long as short
QFEX SNDK-USD−0.0002%1h1,750.2−0.172%$1.4M$9.6M10xas long as short
Aster SNDKUSD10.0000%8h1,750−0.183%$21.3M$32.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,751.6−0.093%$280.0M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,752.2−0.055%$31.7M$104.0M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,752.4−0.045%$82.3M$822.3M75xas long as short
RISEx SNDK/USDC0.0000%1h1,750.7−0.141%$136K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,751.7−0.083%$178.7M$217.9M75xas long as short
Variational Omni SNDK0.0000%8h1,752.6−0.032%$2.5M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,754.5+0.075%$273K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,750.2−0.170%$14K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,750.9−0.131%$756$3.3M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,750.3−0.163%$50K$360K10xas long as short
Phemex SNDKUSDT0.0000%8h1,750.6−0.149%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0007%1h1,747.2−0.343%$570K10xas long as short
Entropy io:SNDK+0.0008%1h1,752.6−0.033%$4.5M$19.4M10xas long as short
Aftermath Perps SNDKUSD+0.0011%1h1,753.8+0.037%$728$38K5xas long as short
Lighter SNDK+0.0032%1h1,752.8−0.021%$1.7M$16.4M20xas long as short
Lighter RH SNDK+0.0032%1h1,752.5−0.042%$1.2M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,750.8−0.134%$448K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.668%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,749.5−0.209%$255K$1.4M10xas long as short
Paradex SNDK-USD-PERP+0.0047%8h1,749.2−0.228%5xas long as short
Popdex SNDKUSDT+0.0048%1h1,750.6−0.147%$240K$630K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,751.7−0.085%$118.7M$158.3M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,751.1−0.119%$184K$127K10xas long as short
SoDEX SNDK-USDshort+0.0050%1h1,750.1−0.176%$716K$521K10x
Ondo Perps SNDK-USD.P+0.0050%1h1,750.1−0.176%$1.3M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,749.8−0.195%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,749.7−0.199%$196K$310K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,754.1+0.053%$67K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,749.5−0.211%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,750.7−0.143%$425K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0285%1h1,750.5−0.152%$127K$344K20xas long as short
edgeX SNDKUSDClong+0.0742%4h1,753.2long leg$557K$350K10x