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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0463%/8h= +50.7% APRpaid last 24h +0.106%
Price spread now: edgeX against RISEx+0.009%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.553%+$55 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.009%, 7d avg −0.032%
Together, before fees+0.563%+ Points / potential airdropedgeX: Active · farm board+$56 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and edgeX is 0.040% dearer against RISEx than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SNDK/USDC1,767.40get 0.0000% / 1h3m 07s$122K$1.6M20x
ShortedgeX SNDKUSDC1,767.60.0463get 0.0232% / 4h2h 03m$561K$353K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against RISEx. 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
$97.29
Price spread: +0.009% → −0.032%
$4.05
Slippage, 4 orders
−$13
Fee RISEx: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$73.35
Costs to cover
0.280%
Break-even
1.7 days
Slippage from RISEx: live order book, 1 min ago; edgeX: live order book, 46 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 RISEx live order book, 1 min ago1.39 bp4.4 bp −$44.9 bp −$49doesn't fitdoesn't fit
Sell edgeX live order book, 46 min ago5.06 bp9.7 bp −$1011.3 bp −$11346.2 bp −$4,621doesn'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−0.0242%8h1,766.4−0.057%$47.3M$164.7M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,767.1−0.018%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0025%8h1,766.2−0.070%$6.1M$22.2M20xas long as short
QFEX SNDK-USD−0.0004%1h1,766.1−0.077%$1.4M$10.6M10xas long as short
Aster SNDKUSD10.0000%8h1,767.5+0.002%$21.6M$33.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,767.2−0.010%$280.3M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,767.2−0.011%$31.7M$103.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,767.6+0.010%$82.2M$834.7M75xas long as short
RISEx SNDK/USDClong0.0000%1h1,767.4long leg$122K$1.6M20x
Gate SNDK_USDT0.0000%8h1,767.1−0.016%$177.0M$232.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,767.8+0.020%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,768.5+0.062%$20K$1.8M10xas long as short
Phoenix SNDK0.0000%1h1,768.3+0.050%$275K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,765.9−0.086%$13K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,765.5−0.111%$955$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,766.6−0.048%$51K$350K10xas long as short
HTX SNDK-USDT0.0000%8h1,766.2−0.072%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,767−0.026%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0014%1h1,766−0.082%$328K$1.5M10xas long as short
Aftermath Perps SNDKUSD+0.0015%1h1,766.4−0.059%$657$37K5xas long as short
Vest SNDK-USD-PERP+0.0017%1h1,764.2−0.185%$581K10xas long as short
Pacifica SNDK+0.0024%1h1,766−0.082%$196K$303K10xas long as short
Lighter RH SNDK+0.0032%1h1,767.6+0.008%$1.3M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,765.7−0.100%$458K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.841%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,765.7−0.098%$260K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,765.9−0.086%$243K$666K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,767.5+0.005%$119.0M$158.1M10xas long as short
Entropy io:SNDK+0.0050%1h1,766.4−0.057%$4.7M$19.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,764.8−0.148%$185K$131K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,765.6−0.103%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,765.6−0.103%$1.4M$5.1M5xas long as short
SoDEX SNDK-USD+0.0062%1h1,766.5−0.051%$722K$520K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,770.1+0.154%$437K$2.3M10xas long as short
Lighter SNDK+0.0080%1h1,768.2+0.046%$1.8M$16.4M20xas long as short
Aevo SNDK-PERP+0.0080%1h1,765.7−0.097%$1K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,766.6−0.048%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,766.2−0.070%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,766.7−0.038%$127K$347K20xas long as short
edgeX SNDKUSDCshort+0.0463%4h1,767.6+0.009%$561K$353K10x