Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0825%/8h= −90.4% APRpaid last 24h −0.098%

Price spread now: Vest against edgeX+0.019%7-day average +0.763% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.526%−$53 on $10k

Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.019%, 7d avg +0.763%

Together, before fees−0.647%+ Points / potential airdropedgeX: Active · Vest: Active · farm board−$65 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Vest is 0.744% cheaper against edgeX than usual: you would sell low and buy high (−$74 if the spread goes back to its 7-day average of +0.763%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SNDKUSDC	1,787.7	0.0871	pay 0.0435% / 4h	1h 30m	$568K	$353K	10x
Short	Vest SNDK-USD-PERP	1,788.1	0.0046	get 0.0006% / 1h	30m 50s	—	$581K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee edgeXbpFee VestbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$173.29
Price spread: +0.019% → +0.763%: −$74.36
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: −$258.65
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 33 min ago; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 33 min ago	5.07 bp	9.7 bp −$10	11.5 bp −$115	46.6 bp −$4,664	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SNDK-USDT	−0.0120%	8h	1,788	+0.016%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,787.1	−0.036%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0049%	1h	1,787.6	−0.008%	$4.9M	$20.2M	10x	as long as short
Nado SNDK-PERP	−0.0035%	1h	1,789	+0.071%	$360K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,787.9	+0.010%	$1.5M	$14.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,788.3	+0.031%	$21.8M	$37.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,787.4	−0.019%	$285.6M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,787.8	+0.003%	$32.1M	$99.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,787.4	−0.019%	$85.1M	$823.2M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,789.5	+0.096%	$171K	$1.8M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,788.2	+0.027%	$180.4M	$230.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,787	−0.042%	$43.9M	$161.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,787.9	+0.007%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,788	+0.014%	$18K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,788.2	+0.026%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,787.1	−0.036%	$590	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,788.3	+0.032%	$51K	$338K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,787.9	+0.009%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,788.4	+0.037%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,787.5	−0.011%	$665	$38K	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.114%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,789.4	+0.095%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789	+0.070%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,788.6	+0.045%	$471K	$1.7M	10x	as long as short
tradeXYZ xyz:SNDK	+0.0033%	1h	1,788.3	+0.031%	$114.6M	$145.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.683%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,786.4	−0.073%	$313K	$1.6M	10x	as long as short
Vest SNDK-USD-PERPshort	+0.0046%	1h	1,788.1	+0.019%	—	$581K	10x
Popdex SNDKUSDT	+0.0048%	1h	1,788.6	+0.048%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,788.2	+0.025%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,787.9	+0.009%	$188K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,788.3	+0.033%	$731K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787.7	−0.003%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,788.7	+0.053%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,787.7	0.000%	$1K	—	10x	as long as short
KuCoin SNDKUSDTM	+0.0088%	8h	1,787.5	−0.015%	$6.1M	$21.7M	20x	as long as short
Pacifica SNDK	+0.0094%	1h	1,788.3	+0.033%	$199K	$292K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787.5	−0.013%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,787.8	+0.003%	$8K	$3K	20x	as long as short
edgeX SNDKUSDClong	+0.0871%	4h	1,787.7	long leg	$568K	$353K	10x