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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0205%/8h= +22.5% APRpaid last 24h +0.126%
Price spread now: edgeX against Bullet−0.232%67s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.315% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.563%+$56 on $10k
Price spread, last 3 days (all we have)+0.288%+$29 · spread now −0.232%, 7d avg −0.002%
Together, before fees+0.852%+ Points / potential airdropedgeX: Active · farm board+$85 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.230% cheaper against Bullet than usual: you would sell low and buy high (spread −0.232% now, against its 7-day average of −0.002%). If the spread goes back, that is −$23 on $10k: about 3.7 days of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.563% in total) that is about 32 hours. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SNDK-USD1,789.60.0015pay 0.0002% / 1h45m 52s$14K$291K10x
ShortedgeX SNDKUSDC1,785.40.0221get 0.0110% / 4h3h 45m$567K$355K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bullet. 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
$43.07
Price spread: −0.232% → −0.002%
−$23.02
Slippage, 4 orders
−$14.47
Fee Bullet: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$11.42
Costs to cover
0.315%
Break-even
8.9 days
Slippage from Bullet: live order book, 28 min ago; edgeX: live order book, 28 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 Bullet live order book, 28 min ago0.28 bp6.1 bp −$620.6 bp −$206doesn't fitdoesn't fit
Sell edgeX live order book, 28 min ago5.04 bp9.6 bp −$1011.3 bp −$11346.7 bp −$4,667doesn'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%8h1,791+0.077%$4.1M$4.5M75xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0007%1h1,789.9+0.016%$50K$311K10xas long as short
Aster SNDKUSD10.0000%8h1,788.2−0.078%$21.8M$45.7M20xas long as short
Binance SNDKUSDT0.0000%8h1,788.8−0.046%$285.4M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,789.4−0.010%$32.2M$100.7M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,789.3−0.017%$86.1M$839.7M75xas long as short
Gate SNDK_USDT0.0000%8h1,789.3−0.017%$183.4M$233.3M75xas long as short
Bitget SNDKUSDT0.0000%8h1,788.9−0.042%$48.1M$169.0M75xas long as short
Variational Omni SNDK0.0000%8h1,790.6+0.056%$2.6M$4.6Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,786.6−0.168%$9K$1.1M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SNDK0.0000%1h1,786.1−0.196%$278K$195K15xas long as short
SunX SNDK-USDT0.0000%8h1,788.9−0.038%$737$3.8M20xas long as short
HTX SNDK-USDT0.0000%8h1,790.2+0.035%$1.5M$10.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790+0.021%$2.8M$1.0M50xas long as short
QFEX SNDK-USD+0.0001%1h1,791+0.077%$2.1M$20.7M10xas long as short
RISEx SNDK/USDC+0.0004%1h1,790.7+0.059%$171K$1.8M20xas long as short
Aftermath Perps SNDKUSD+0.0010%1h1,785.7−0.220%$823$37K5xas long as short
Bullet SNDK-USDlong+0.0015%1h1,789.6long leg$14K$291K10x
Nado SNDK-PERP+0.0025%1h1,792.1+0.141%$350K$1.4M10xas long as short
Lighter SNDK+0.0032%1h1,791+0.077%$1.6M$16.1M20xas long as short
Lighter RH SNDK+0.0032%1h1,791.4+0.101%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,790.7+0.062%$425K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.579%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,786.4−0.180%$299K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.8+0.068%$648K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,790.9+0.072%$247K$657K20xas long as short
Entropy io:SNDK+0.0050%1h1,786.4−0.179%$4.8M$20.0M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,790.9+0.072%$187K$135K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,792.1+0.139%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,790.3+0.039%$1.4M$4.9M5xas long as short
tradeXYZ xyz:SNDK+0.0069%1h1,790+0.022%$115.2M$150.3M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,789.6−0.003%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,791+0.078%$199K$293K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,788.9−0.038%$6.1M$22.0M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,787−0.146%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,788.2−0.079%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0128%1h1,790.8+0.068%$444K$2.3M10xas long as short
edgeX SNDKUSDCshort+0.0221%4h1,785.4−0.232%$567K$355K10x
Kraken Futures PF_SNDKUSD+0.0660%1h1,790.6+0.056%$130K$382K20xas long as short
SoDEX SNDK-USD+0.0788%1h1,789.7+0.007%$732K$515K10xas long as short