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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0479%/8h= −52.4% APRpaid last 24h −0.116%
Price spread now: SunX against edgeX+0.001%74s7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$830.834% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.186%−$119 on $10k
Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.001%, 7d avg −0.038%
Together, before fees−1.286%+ Points / potential airdropedgeX: Active · farm board−$129 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.039% dearer against edgeX than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.038%): +$4 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 7 hours. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,761.80.0479pay 0.0239% / 4h16m 16s$560K$351K10x
ShortSunX SNDK-USDT1,761.80get 0.0000% / 8h16m 16s$888$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$100.49
Price spread: +0.001% → −0.038%
$3.93
Slippage, 4 orders
−$66.42
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$179.98
Costs to cover
0.834%
Break-even
never at this rate
Slippage from edgeX: live order book, 22 min ago; SunX: live order book, 12 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, 22 min ago5.11 bp9.6 bp −$1011.2 bp −$11246.8 bp −$4,679doesn't fit
Sell SunX live order book, 12 min ago28.08 bp32.1 bp −$3261.6 bp −$616doesn'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−0.0263%8h1,762+0.010%$48.2M$165.9M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,761.6−0.013%$4.0M$4.6M75xas long as short
KuCoin SNDKUSDTM−0.0010%8h1,760.8−0.055%$6.0M$22.5M20xas long as short
Nado SNDK-PERP−0.0007%1h1,762.4+0.035%$330K$1.5M10xas long as short
QFEX SNDK-USD−0.0001%1h1,761.6−0.010%$1.4M$9.9M10xas long as short
Aster SNDKUSD10.0000%8h1,762+0.011%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,761.5−0.019%$280.1M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,761.9+0.006%$31.8M$103.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,761.5−0.018%$82.2M$833.4M75xas long as short
RISEx SNDK/USDC0.0000%1h1,763.1+0.075%$120K$1.6M20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,761.8−0.003%$179.3M$229.4M75xas long as short
Variational Omni SNDK0.0000%8h1,760.4−0.077%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,762.2+0.022%$26K$2.1M10xas long as short
Phoenix SNDK0.0000%1h1,761.9+0.005%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,761.80.000%$14K$290K10xas long as short
SunX SNDK-USDTshort0.0000%8h1,761.8+0.001%$888$3.4M20x
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,761.6−0.010%$51K$355K10xas long as short
HTX SNDK-USDT0.0000%8h1,761.6−0.014%$1.4M$10.5M50xas long as short
Phemex SNDKUSDT0.0000%8h1,761.5−0.016%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0013%1h1,761.7−0.006%$673$38K5xas long as short
Vest SNDK-USD-PERP+0.0016%1h1,759.7−0.119%$579K10xas long as short
Lighter SNDK+0.0032%1h1,762.4+0.033%$1.8M$16.4M20xas long as short
Lighter RH SNDK+0.0032%1h1,761.8−0.001%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,761.2−0.034%$495K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.165%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,760.6−0.069%$254K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,762.1+0.016%$242K$652K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,761.8−0.001%$119.8M$157.9M10xas long as short
Entropy io:SNDK+0.0050%1h1,761.5−0.018%$4.6M$19.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,760.6−0.069%$185K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,761.6−0.014%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,762+0.011%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,762+0.011%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,761.5−0.020%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,762.1+0.018%$197K$307K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,762.5+0.040%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,761−0.048%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,760.1−0.100%$428K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0274%1h1,762.2+0.020%$127K$338K20xas long as short
edgeX SNDKUSDClong+0.0479%4h1,761.8long leg$560K$351K10x