Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0369%/8h= −40.5% APRpaid last 24h −0.093%

Price spread now: Aevo against edgeX+0.037%72s7-day average — · you sell dearer than you buy

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

Long on edgeX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.037% dearer against edgeX than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 8 hours. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SNDKUSDC	1,771.1	0.0449	pay 0.0225% / 4h	3h 13m	$562K	$353K	10x
Short	Aevo SNDK-PERP	1,771.8	0.0080	get 0.0010% / 1h	13m 46s	$1K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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 edgeXbpFee AevobpOrdersPrice spread, now +0.037%Rate

Funding earned: −$77.58
Price spread: +0.037% → 0.000%: $3.65
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$98.92
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 40 min ago; Aevo: no order-book sample. 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 edgeX live order book, 40 min ago	5.04 bp	9.6 bp −$10	11.4 bp −$114	47.1 bp −$4,710	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
BloFin SNDK-USDT	−0.0120%	8h	1,772.2	+0.063%	$4.0M	$4.4M	75x	as long as short
KuCoin SNDKUSDTM	−0.0045%	8h	1,771.8	+0.040%	$6.1M	$22.1M	20x	as long as short
Entropy io:SNDK	−0.0031%	1h	1,771.7	+0.032%	$4.8M	$19.9M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,771.6	+0.024%	$1.4M	$11.9M	10x	as long as short
Nado SNDK-PERP	−0.0013%	1h	1,772	+0.049%	$342K	$1.5M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,774.1	+0.166%	$434K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,773.2	+0.115%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,772.5	+0.076%	$280.9M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,772.8	+0.095%	$31.9M	$102.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,772.6	+0.083%	$82.2M	$827.2M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,772.6	+0.085%	$122K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,772.4	+0.071%	$177.3M	$231.2M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,772.3	+0.064%	$44.3M	$162.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,773.5	+0.135%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,773	+0.107%	$17K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,773.2	+0.117%	$276K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,772.2	+0.062%	$13K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,771.8	+0.037%	$1K	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,771.9	+0.041%	$51K	$346K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,771.5	+0.023%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,771.9	+0.043%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,772.8	+0.097%	$705	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,772.9	+0.099%	$1.7M	$15.9M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,772.3	+0.066%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,772.4	+0.072%	$428K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.628%	$36	$9K	12x	as long as short
Vest SNDK-USD-PERP	+0.0038%	1h	1,769.4	−0.097%	—	$582K	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,771.6	+0.024%	$264K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,772.5	+0.077%	$244K	$653K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,771.4	+0.016%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,772.1	+0.055%	$117.3M	$152.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,772.2	+0.060%	$185K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,772	+0.047%	$724K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,771.5	+0.021%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERPshort	+0.0080%	1h	1,771.8	+0.037%	$1K	—	10x
Pacifica SNDK	+0.0100%	1h	1,771.6	+0.024%	$197K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,772.9	+0.100%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,771.7	+0.033%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,772.4	+0.070%	$128K	$353K	20x	as long as short
edgeX SNDKUSDClong	+0.0449%	4h	1,771.1	long leg	$562K	$353K	10x