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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0688%/8h= −75.3% APRpaid last 24h −0.154%
Price spread now: BloFin against edgeX−0.098%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$320.319% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.002%−$100 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.098%, 7d avg +0.004%
Together, before fees−0.978%+ Points / potential airdropedgeX: Active · farm board−$98 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and BloFin is 0.102% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,769.90.0568pay 0.0284% / 4h54m 26s$562K$337K10x
ShortBloFin SNDK-USDT1,768.1−0.0120pay 0.0120% / 8h4h 54m$3.9M$4.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$144.46
Price spread: −0.098% → +0.004%
−$10.19
Slippage, 4 orders
−$10.94
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$186.59
Costs to cover
0.319%
Break-even
never at this rate
Slippage from edgeX: live order book, 52 min ago; BloFin: live order book, 2 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, 52 min ago5.05 bp9.6 bp −$1011.4 bp −$11446.4 bp −$4,636doesn't fit
Sell BloFin live order book, 2 min ago0.03 bp6.5 bp −$67.4 bp −$7412.1 bp −$1,207doesn't fit

SNDK on 40 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SNDKUSD−0.0126%1h1,767.2−0.153%$167K$374K20xas long as short
BloFin SNDK-USDTshort−0.0120%8h1,768.1−0.098%$3.9M$4.7M75x
Entropy io:SNDK−0.0036%1h1,768.3−0.088%$4.5M$19.2M10xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0005%1h1,767.1−0.153%$19K$447K10xas long as short
Aster SNDKUSD10.0000%8h1,768.8−0.062%$21.5M$32.2M20xas long as short
Binance SNDKUSDT0.0000%8h1,767−0.161%$281.8M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,768−0.105%$31.8M$106.9M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,768.3−0.088%$80.0M$840.5M75xas long as short
RISEx SNDK/USDC0.0000%1h1,769.3−0.033%$146K$1.5M20xas long as short
Gate SNDK_USDT0.0000%8h1,767.9−0.113%$180.9M$209.5M75xas long as short
Show all 40 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT0.0000%8h1,768−0.105%$48.5M$172.1M75xas long as short
Variational Omni SNDK0.0000%8h1,767.8−0.113%$2.7M$4.5Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,770.8+0.056%$28K$2.6M10xas long as short
Phoenix SNDK0.0000%1h1,770.4+0.031%$276K$178K15xas long as short
Bullet SNDK-USD0.0000%1h1,767−0.161%$13K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,767.6−0.126%$882$3.1M20xas long as short
HTX SNDK-USDT0.0000%8h1,767.7−0.121%$1.5M$9.8M50xas long as short
Phemex SNDKUSDT0.0000%8h1,768.1−0.102%$2.8M$1.1M50xas long as short
QFEX SNDK-USD+0.0004%1h1,767.9−0.109%$1.5M$9.3M10xas long as short
Nado SNDK-PERP+0.0012%1h1,768.1−0.098%$322K$1.5M10xas long as short
Aftermath Perps SNDKUSD+0.0023%1h1,769.5−0.022%$751$39K5xas long as short
Lighter RH SNDK+0.0032%1h1,768.1−0.100%$1.2M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,767.5−0.131%$410K$2.4M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.701%$36$4K12xas long as short
Arcus SNDK-USD+0.0040%1h1,768.2−0.095%$256K$1.3M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,767.7−0.123%$570K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,768.2−0.093%$243K$696K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,766.4−0.195%$122.3M$150.7M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,767.6−0.127%$194K$150K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,767.8−0.114%$724K$523K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,768.2−0.093%$1.4M$5.3M5xas long as short
Paradex SNDK-USD-PERP+0.0051%8h1,767.4−0.136%5xas long as short
Lighter SNDK+0.0064%1h1,768.7−0.063%$1.8M$16.5M20xas long as short
Aevo SNDK-PERP+0.0080%1h1,767.5−0.130%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,768−0.102%$193K$308K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,768−0.108%$6.1M$23.1M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,770.8+0.052%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,767.3−0.143%$9K$6K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0176%1h1,774+0.232%$449K$2.1M10xas long as short
edgeX SNDKUSDClong+0.0568%4h1,769.9long leg$562K$337K10x