Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0876%/8h= +95.9% APRpaid last 24h +0.103%

Price spread now: edgeX against Vest+0.032%7-day average −0.724% · you sell dearer than you buy

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

Long on Vest Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.535%+$54 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.032%, 7d avg −0.724%

Together, before fees+0.494%+ Points / potential airdropVest: Active · edgeX: Active · farm board+$49 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and edgeX is 0.756% dearer against Vest than usual: you sell high and buy low: +$76 more if the spread goes back to its 7-day average of −0.724%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SNDK-USD-PERP	1,758	0.0013	pay 0.0002% / 1h	28m 53s	—	$581K	10x
Short	edgeX SNDKUSDC	1,758.6	0.0890	get 0.0445% / 4h	1h 28m	$559K	$353K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Vest. 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 VestbpFee edgeXbpOrdersPrice spread, now +0.032%Rate

Funding earned: $184.01
Price spread: +0.032% → −0.724%: $75.58
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $248.59
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; edgeX: live order book, 15 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell edgeX live order book, 15 min ago	5.34 bp	9.9 bp −$10	11.7 bp −$117	46.5 bp −$4,647	doesn't fit

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
Bitget SNDKUSDT	−0.0371%	8h	1,760.4	+0.134%	$47.9M	$166.2M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,760.1	+0.115%	$3.9M	$4.6M	75x	as long as short
KuCoin SNDKUSDTM	−0.0012%	8h	1,759.8	+0.098%	$6.0M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,760.6	+0.144%	$1.4M	$10.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,761.4	+0.193%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,760.5	+0.140%	$280.2M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,760.7	+0.150%	$31.7M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,760.6	+0.146%	$82.3M	$835.1M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,761.2	+0.181%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,760.3	+0.130%	$177.2M	$230.9M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,759	+0.056%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759.8	+0.100%	$10K	$1.9M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,758.9	+0.049%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,760.3	+0.129%	$13K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,760.6	+0.146%	$998	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,760.3	+0.130%	$51K	$351K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,759.7	+0.096%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,760.8	+0.159%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERPlong	+0.0013%	1h	1,758	long leg	—	$581K	10x
Aftermath Perps SNDKUSD	+0.0014%	1h	1,759.3	+0.071%	$655	$38K	5x	as long as short
Nado SNDK-PERP	+0.0024%	1h	1,761.3	+0.187%	$328K	$1.5M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,761.4	+0.189%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,760.6	+0.144%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,760.4	+0.133%	$491K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.384%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.5	+0.025%	$253K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761	+0.168%	$242K	$677K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,760.2	+0.123%	$118.4M	$158.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,759.9	+0.106%	$4.7M	$19.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760.1	+0.117%	$185K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,760.1	+0.115%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,760.9	+0.162%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,760.8	+0.157%	$1.3M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,759.9	+0.108%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761	+0.170%	$197K	$304K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760	+0.111%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,759.9	+0.105%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,761	+0.167%	$431K	$2.3M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0401%	1h	1,760.7	+0.151%	$127K	$346K	20x	as long as short
edgeX SNDKUSDCshort	+0.0890%	4h	1,758.6	+0.032%	$559K	$353K	10x