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+0.0786%/8h= +86.0% APRpaid last 24h +0.116%
Price spread now: edgeX against KuCoin+0.112%113s7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs+$56as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.010%+$101 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.112%, 7d avg +0.020%
Together, before fees+0.891%+ Points / potential airdropedgeX: Active · farm board+$89 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and edgeX is 0.092% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.020%. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SNDKUSDTM1,769.1−0.0044get 0.0044% / 8h2h 47m$6.1M$22.1M20x
ShortedgeX SNDKUSDC1,771.10.0742get 0.0371% / 4h2h 47m$562K$352K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
$164.99
Price spread: +0.112% → +0.020%
$9.2
Slippage, 4 orders
−$24.39
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$128.81
Costs to cover
0.454%
Break-even
1.5 days
Slippage from KuCoin: live order book, 6 min ago; edgeX: live order book, 66 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 KuCoin live order book, 6 min ago0.99 bp14.6 bp −$1558.0 bp −$580doesn't fitdoesn't fit
Sell edgeX live order book, 66 min ago5.04 bp9.6 bp −$1011.5 bp −$11547.3 bp −$4,733doesn'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
BloFin SNDK-USDT−0.0120%8h1,770.4+0.072%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTMlong−0.0044%8h1,769.1long leg$6.1M$22.1M20x
Nado SNDK-PERP−0.0023%1h1,771+0.105%$338K$1.5M10xas long as short
Bitget SNDKUSDT−0.0014%8h1,768.7−0.021%$44.6M$162.8M75xas long as short
Entropy io:SNDK−0.0006%1h1,769.1−0.001%$4.7M$19.8M10xas long as short
QFEX SNDK-USD−0.0004%1h1,770.4+0.075%$1.4M$11.2M10xas long as short
Aster SNDKUSD10.0000%8h1,769.8+0.037%$21.6M$32.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,768.6−0.027%$279.4M$1.83B75xas long as short
Bybit SNDKUSDT0.0000%8h1,768.6−0.027%$31.7M$103.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,768.9−0.012%$82.4M$829.9M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,771.5+0.132%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,768.4−0.038%$177.7M$228.5M75xas long as short
Variational Omni SNDK0.0000%8h1,772.2+0.176%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,772.5+0.192%$22K$1.7M10xas long as short
Phoenix SNDK0.0000%1h1,771.7+0.146%$276K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,769.4+0.016%$15K$285K10xas long as short
SunX SNDK-USDT0.0000%8h1,769.8+0.038%$848$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,769.5+0.020%$51K$347K10xas long as short
HTX SNDK-USDT0.0000%8h1,769.6+0.030%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,769.2+0.007%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0012%1h1,770.7+0.087%$686$38K5xas long as short
Vest SNDK-USD-PERP+0.0014%1h1,768.7−0.025%$586K10xas long as short
Pacifica SNDK+0.0024%1h1,768.5−0.035%$197K$304K10xas long as short
Lighter RH SNDK+0.0032%1h1,769−0.006%$1.3M$9.3M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,768.8−0.017%$422K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.744%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,770.3+0.067%$263K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,770.1+0.056%$244K$654K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,768.4−0.041%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,768.6−0.029%$117.7M$154.0M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,769.2+0.005%$185K$132K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,773.3+0.237%$1.4M$5.1M5xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,773.7+0.261%$435K$2.4M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,769.2+0.005%$1K10xas long as short
Lighter SNDK+0.0096%1h1,769.1+0.001%$1.7M$15.8M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,772.7+0.201%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,768.7−0.025%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0121%1h1,770+0.052%$128K$355K20xas long as short
SoDEX SNDK-USD+0.0350%1h1,769.7+0.031%$723K$513K10xas long as short
edgeX SNDKUSDCshort+0.0742%4h1,771.1+0.112%$562K$352K10x