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−0.0185%/8h= −20.3% APRpaid last 24h −0.096%
Price spread now: Orderly against edgeX−0.142%71s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Orderly is 0.142% cheaper against edgeX than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,791.60.0285pay 0.0143% / 4h3h 23m$569K$353K10x
ShortOrderly PERP_SNDK_USDC_mythos1,789.10.0100get 0.0100% / 8h7h 23m$8K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$38.86
Price spread: −0.142% → 0.000%
−$14.18
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$68.04
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 50 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 50 min ago5.04 bp9.6 bp −$1011.4 bp −$11447.2 bp −$4,722doesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SNDK_USDC-PERPETUAL−0.0175%1h1,789.4−0.123%$50K$314K10xas long as short
BloFin SNDK-USDT−0.0120%8h1,791.3−0.017%$4.1M$4.5M75xas long as short
Aster SNDKUSD10.0000%8h1,790−0.093%$21.8M$43.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,789.5−0.116%$286.2M$1.84B75xas long as short
Bybit SNDKUSDT0.0000%8h1,789.6−0.112%$32.0M$100.2M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,789.8−0.102%$86.7M$835.2M75xas long as short
Gate SNDK_USDT0.0000%8h1,789.7−0.106%$182.3M$235.2M75xas long as short
Bitget SNDKUSDT0.0000%8h1,789.5−0.121%$48.0M$169.0M75xas long as short
Variational Omni SNDK0.0000%8h1,792.4+0.041%$2.6M$4.6Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,793.3+0.091%$22K$1.1M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SNDK0.0000%1h1,787.7−0.219%$278K$195K15xas long as short
Bullet SNDK-USD0.0000%1h1,789.6−0.113%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,788.1−0.199%$862$3.8M20xas long as short
HTX SNDK-USDT0.0000%8h1,789−0.146%$1.5M$10.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,788.7−0.164%$2.8M$1.1M50xas long as short
QFEX SNDK-USD+0.0001%1h1,789.3−0.131%$2.0M$19.7M10xas long as short
RISEx SNDK/USDC+0.0004%1h1,790.5−0.060%$171K$1.8M20xas long as short
Nado SNDK-PERP+0.0006%1h1,790.4−0.071%$347K$1.4M10xas long as short
Aftermath Perps SNDKUSD+0.0008%1h1,790−0.093%$684$37K5xas long as short
Lighter SNDK+0.0032%1h1,790.1−0.087%$1.7M$16.3M20xas long as short
Lighter RH SNDK+0.0032%1h1,790−0.092%$1.4M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,789.5−0.119%$444K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.465%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,790.2−0.081%$305K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.4−0.071%$585K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,789.7−0.107%$246K$648K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,790.9−0.039%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,789.8−0.102%$115.0M$147.2M10xas long as short
Entropy io:SNDK+0.0050%1h1,790.2−0.079%$4.9M$20.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,789.5−0.118%$187K$135K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,790.6−0.057%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,788.8−0.157%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,790.6−0.055%$199K$291K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,789−0.147%$6.1M$22.0M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,793.8+0.124%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythosshort+0.0100%8h1,789.1−0.142%$8K$3K20x
Coinbase International SNDK-PERP-INTX+0.0128%1h1,790−0.090%$441K$2.3M10xas long as short
SoDEX SNDK-USD+0.0222%1h1,788.9−0.150%$731K$515K10xas long as short
edgeX SNDKUSDClong+0.0285%4h1,791.6long leg$569K$353K10x
Kraken Futures PF_SNDKUSD+0.0660%1h1,789.5−0.120%$130K$379K20xas long as short