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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0279%/8h= −30.5% APRpaid last 24h −0.131%
Price spread now: Aster against edgeX−0.148%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$330.334% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.086%−$109 on $10k
Price spread, last 4 days (all we have)+0.287%+$29 · spread now −0.148%, 7d avg +0.007%
Together, before fees−0.800%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$80 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Aster is 0.155% cheaper against edgeX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,787.40.0279pay 0.0139% / 4h2h 39m$568K$351K10x
ShortAster SNDKUSD11,784.70get 0.0000% / 8h6h 39m$21.7M$39.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
−$58.49
Price spread: −0.148% → +0.007%
−$15.48
Slippage, 4 orders
−$16.35
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$107.32
Costs to cover
0.334%
Break-even
never at this rate
Slippage from edgeX: live order book, 29 min ago; Aster: live order book, 5 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 edgeX live order book, 29 min ago5.06 bp9.6 bp −$1011.1 bp −$11146.7 bp −$4,665doesn't fit
Sell Aster live order book, 5 min ago1.68 bp7.6 bp −$813.2 bp −$132doesn't fitdoesn'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
Deribit SNDK_USDC-PERPETUAL−0.0154%1h1,783.5−0.215%$51K$328K10xas long as short
BloFin SNDK-USDT−0.0120%8h1,788+0.036%$4.1M$4.5M75xas long as short
Entropy io:SNDK−0.0102%1h1,785.8−0.087%$4.9M$20.3M10xas long as short
Phoenix SNDK−0.0045%1h1,786.8−0.031%$278K$193K15xas long as short
QFEX SNDK-USD−0.0024%1h1,783.2−0.232%$1.8M$17.3M10xas long as short
Aster SNDKUSD1short0.0000%8h1,784.7−0.148%$21.7M$39.9M20x
Binance SNDKUSDT0.0000%8h1,783.3−0.227%$286.0M$1.82B75xas long as short
Bybit SNDKUSDT0.0000%8h1,783.8−0.199%$32.0M$100.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,783.5−0.216%$85.7M$829.5M75xas long as short
Gate SNDK_USDT0.0000%8h1,783.1−0.241%$180.3M$231.3M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT0.0000%8h1,783−0.245%$46.0M$165.8M75xas long as short
Variational Omni SNDK0.0000%8h1,786.9−0.025%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,787.3−0.002%$15K$1.1M10xas long as short
Bullet SNDK-USD0.0000%1h1,783.4−0.220%$15K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,782.6−0.268%$856$3.7M20xas long as short
HTX SNDK-USDT0.0000%8h1,783−0.247%$1.5M$10.4M50xas long as short
Phemex SNDKUSDT0.0000%8h1,783.2−0.236%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0002%1h1,784.5−0.161%$360K$1.4M10xas long as short
Aftermath Perps SNDKUSD+0.0005%1h1,787.3−0.004%$671$37K5xas long as short
tradeXYZ xyz:SNDK+0.0007%1h1,783−0.244%$114.1M$146.4M10xas long as short
Lighter SNDK+0.0032%1h1,784.5−0.160%$1.7M$16.1M20xas long as short
Lighter RH SNDK+0.0032%1h1,783.8−0.199%$1.4M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,784.4−0.168%$470K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.705%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,785.6−0.099%$312K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,783.6−0.211%$584K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,783.2−0.233%$246K$645K20xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,783.7−0.207%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,783−0.244%$187K$135K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,783.5−0.218%$729K$515K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,783.3−0.227%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,783−0.243%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0088%1h1,783.4−0.222%$436K$2.3M10xas long as short
Pacifica SNDK+0.0100%1h1,783.6−0.209%$198K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,784.6−0.155%$6.1M$21.5M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,787.9+0.030%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,782.6−0.264%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0132%1h1,783.4−0.222%$130K$364K20xas long as short
RISEx SNDK/USDC+0.0257%1h1,784.1−0.183%$171K$1.8M20xas long as short
edgeX SNDKUSDClong+0.0279%4h1,787.4long leg$568K$351K10x