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+0.0051%/8h= +5.6% APRpaid last 24h +0.101%
Price spread now: edgeX against Lighter RH−0.010%80s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs+$94as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.218% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.160%+$116 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.010%, 7d avg −0.020%
Together, before fees+1.147%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board+$115 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SNDK1,789.30.0032pay 0.0004% / 1h40m 23s$1.4M$9.5M10x
ShortedgeX SNDKUSDC1,789.10.0083get 0.0041% / 4h40m 23s$568K$351K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Lighter RH. 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
$10.67
Price spread: −0.010% → −0.020%
$1.01
Slippage, 4 orders
−$12.79
Fee Lighter RH: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$10.11
Costs to cover
0.218%
Break-even
13.6 days
Slippage from Lighter RH: live order book, 3 min ago; edgeX: live order book, 18 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 Lighter RH live order book, 3 min ago0.87 bp1.0 bp −$12.0 bp −$20doesn't fitdoesn't fit
Sell edgeX live order book, 18 min ago5.06 bp9.6 bp −$1011.1 bp −$11147.0 bp −$4,704doesn'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%8h1,790.2+0.054%$4.1M$4.4M75xas long as short
Entropy io:SNDK−0.0110%1h1,789.5+0.013%$4.9M$19.9M10xas long as short
Nado SNDK-PERP−0.0108%1h1,790.9+0.089%$310K$1.5M10xas long as short
Phoenix SNDK−0.0089%1h1,789.4+0.007%$279K$193K15xas long as short
QFEX SNDK-USD−0.0033%1h1,789.9+0.035%$1.5M$13.8M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0032%1h1,785.7−0.200%$439K$2.3M10xas long as short
Aster SNDKUSD10.0000%8h1,790.3+0.060%$21.8M$37.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,790+0.040%$287.2M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,790.5+0.067%$32.6M$100.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,789.8+0.030%$84.9M$826.0M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,791.2+0.106%$170K$1.7M20xas long as short
Gate SNDK_USDT0.0000%8h1,790.1+0.049%$180.2M$230.8M75xas long as short
Bitget SNDKUSDT0.0000%8h1,789.4+0.008%$43.8M$161.7M75xas long as short
Variational Omni SNDK0.0000%8h1,789.7+0.026%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,787.7−0.091%$12K$1.3M10xas long as short
Bullet SNDK-USD0.0000%1h1,790+0.039%$14K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,788.6−0.040%$910$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,790.4+0.060%$51K$344K10xas long as short
HTX SNDK-USDT0.0000%8h1,789.1−0.008%$1.4M$10.8M50xas long as short
Phemex SNDKUSDT0.0000%8h1,788.7−0.035%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0003%1h1,789.6+0.019%$666$38K5xas long as short
KuCoin SNDKUSDTM+0.0017%8h1,789.3+0.001%$6.1M$22.3M20xas long as short
Lighter SNDK+0.0032%1h1,789.8+0.028%$1.7M$15.7M20xas long as short
Lighter RH SNDKlong+0.0032%1h1,789.3long leg$1.4M$9.5M10x
Extended SNDK_24_5-USD+0.0032%1h1,789.9+0.037%$450K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.597%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,786.9−0.135%$313K$1.4M10xas long as short
tradeXYZ xyz:SNDK+0.0042%1h1,790.2+0.052%$115.2M$146.3M10xas long as short
Kraken Futures PF_SNDKUSD+0.0044%1h1,790.4+0.062%$130K$352K20xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.2+0.053%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,790.2+0.052%$246K$647K20xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,790.1+0.048%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,789.7+0.024%$188K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,789.2−0.002%$731K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,788−0.071%$1.4M$5.0M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,789.5+0.011%$1K10xas long as short
edgeX SNDKUSDCshort+0.0083%4h1,789.1−0.010%$568K$351K10x
Pacifica SNDK+0.0100%1h1,790.4+0.061%$199K$287K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,788.1−0.068%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,789.1−0.011%$8K$3K20xas long as short