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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0612%/8h= −67.0% APRpaid last 24h −0.126%
Price spread now: Variational Omni against edgeX−0.142%59s7-day average 0.000% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.514%−$51 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.142%, 7d avg 0.000%
Together, before fees−0.434%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Variational Omni is 0.142% cheaper against edgeX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of 0.000%). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,786.60.0612pay 0.0306% / 4h2h 20m$567K$352K10x
ShortVariational Omni SNDK1,784.10get 0.0000% / 8h6h 20m$2.6M$4.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$128.53
Price spread: −0.142% → 0.000%
−$14.19
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$151.72
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 48 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

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, 48 min ago5.06 bp9.6 bp −$1011.1 bp −$11146.7 bp −$4,665doesn't fit
Sell Variational Omni RFQ quote, 4 min ago2.41 bpdoesn't fit5.8 bp −$58doesn't fitdoesn't fit

SNDK on 39 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
Deribit SNDK_USDC-PERPETUAL−0.0276%1h1,784.6−0.111%$51K$331K10xas long as short
Phoenix SNDK−0.0045%1h1,787.5+0.049%$278K$193K15xas long as short
Entropy io:SNDK−0.0037%1h1,785.6−0.057%$4.9M$20.4M10xas long as short
QFEX SNDK-USD−0.0024%1h1,784.3−0.129%$1.7M$16.5M10xas long as short
Nado SNDK-PERP−0.0021%1h1,785.7−0.052%$360K$1.4M10xas long as short
tradeXYZ xyz:SNDK−0.0005%1h1,784.6−0.113%$114.3M$146.0M10xas long as short
Aster SNDKUSD10.0000%8h1,786−0.034%$21.8M$37.2M20xas long as short
Binance SNDKUSDT0.0000%8h1,784.5−0.118%$285.8M$1.82B75xas long as short
Bybit SNDKUSDT0.0000%8h1,785−0.092%$32.1M$99.8M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,784.9−0.096%$85.6M$828.4M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,784.6−0.114%$180.7M$232.3M75xas long as short
Bitget SNDKUSDT0.0000%8h1,784.6−0.115%$44.0M$164.8M75xas long as short
Variational Omni SNDKshort0.0000%8h1,784.1−0.142%$2.6M$4.7M
GRVT SNDK_USDT_Perp0.0000%8h1,786.6+0.001%$13K$1.2M10xas long as short
Bullet SNDK-USD0.0000%1h1,784.7−0.107%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,783.7−0.161%$787$3.7M20xas long as short
HTX SNDK-USDT0.0000%8h1,784.1−0.142%$1.4M$10.4M50xas long as short
Phemex SNDKUSDT0.0000%8h1,784.3−0.127%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0004%1h1,786.8+0.008%$701$37K5xas long as short
Lighter SNDK+0.0032%1h1,785.7−0.054%$1.7M$16.2M20xas long as short
Lighter RH SNDK+0.0032%1h1,785.2−0.082%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,785.4−0.066%$477K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.747%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,784.9−0.096%$312K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,784.6−0.111%$584K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,784.5−0.118%$245K$645K20xas long as short
Paradex SNDK-USD-PERP+0.0048%8h1,784.3−0.132%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,784.2−0.135%$187K$135K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,784.4−0.123%$729K$515K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,787.5+0.049%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,784.1−0.144%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0088%1h1,786.5−0.007%$437K$2.3M10xas long as short
Pacifica SNDK+0.0100%1h1,784.4−0.122%$198K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,785.5−0.060%$6.1M$21.5M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,787.7+0.062%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,784−0.149%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0132%1h1,784.8−0.099%$130K$357K20xas long as short
RISEx SNDK/USDC+0.0257%1h1,785.5−0.064%$164K$1.8M20xas long as short
edgeX SNDKUSDClong+0.0612%4h1,786.6long leg$567K$352K10x