Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0798%/8h= +87.4% APRpaid last 24h +0.123%

Price spread now: edgeX against Binance−0.011%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs+$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$300.297% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.977%+$98 on $10k

Price spread, last 4 days (all we have)−3.047%−$305 · spread now −0.011%, 7d avg −0.016%

Together, before fees−2.069%+ Points / potential airdropedgeX: Active · farm board−$207 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: +$24 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SNDKUSDT	1,762	0	get 0.0000% / 8h	35m 00s	$280.0M	$1.86B	75x
Short	edgeX SNDKUSDC	1,761.8	0.0798	get 0.0399% / 4h	35m 00s	$560K	$351K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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 BinancebpFee edgeXbpOrdersPrice spread, now −0.011%Rate

Funding earned: $167.52
Price spread: −0.011% → −0.016%: $0.53
Slippage, 4 orders: −$10.67
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $138.38
Costs to cover: 0.297%
Break-even: 1.2 days

Slippage from Binance: live order book, 9 min ago; edgeX: live order book, 4 min ago.

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 Binance live order book, 9 min ago	0.11 bp	5.1 bp −$5	6.3 bp −$63	13.2 bp −$1,319	doesn't fit
Sell edgeX live order book, 4 min ago	5.11 bp	9.6 bp −$10	11.2 bp −$112	46.0 bp −$4,603	doesn't fit

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	−0.0274%	8h	1,762.3	+0.016%	$48.4M	$166.1M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762.1	+0.006%	$3.9M	$4.6M	75x	as long as short
Nado SNDK-PERP	−0.0017%	1h	1,762.1	+0.006%	$328K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0016%	8h	1,761.4	−0.038%	$6.0M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,761.5	−0.031%	$1.4M	$10.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.6	+0.031%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,762	long leg	$280.0M	$1.86B	75x
Bybit SNDKUSDT	0.0000%	8h	1,762.5	+0.025%	$31.7M	$103.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,762.3	+0.015%	$82.4M	$834.1M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,762.6	+0.034%	$120K	$1.6M	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	1,762.3	+0.017%	$177.8M	$228.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,761.1	−0.055%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,762.4	+0.023%	$16K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,762.4	+0.021%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,761.1	−0.055%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,761.1	−0.051%	$923	$3.4M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761	−0.059%	$51K	$353K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761	−0.059%	$1.4M	$10.5M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.2	+0.009%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,762.1	+0.006%	$673	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0016%	1h	1,759.5	−0.142%	—	$579K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,762.3	+0.015%	$1.8M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,761.8	−0.013%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,762.5	+0.026%	$493K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.152%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,761.1	−0.055%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.1	−0.053%	$243K	$652K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,762.6	+0.032%	$119.5M	$159.5M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,762	−0.002%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760	−0.115%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,761.6	−0.027%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,761.7	−0.019%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.7	−0.019%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,761	−0.058%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.9	−0.006%	$197K	$308K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,762.2	+0.008%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,760.8	−0.069%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,762.4	+0.022%	$429K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,761.9	−0.008%	$127K	$339K	20x	as long as short
edgeX SNDKUSDCshort	+0.0798%	4h	1,761.8	−0.011%	$560K	$351K	10x