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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0045%/8h= −5.0% APRpaid last 24h −0.101%
Price spread now: SoDEX against edgeX+0.200%75s7-day average −0.011% · you sell dearer than you buy
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−$350.347% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.491%−$49 on $10k
Price spread, last 4 days (all we have)−0.262%−$26 · spread now +0.200%, 7d avg −0.011%
Together, before fees−0.753%+ Points / potential airdropedgeX: Active · farm board−$75 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SoDEX is 0.212% dearer against edgeX than usual: you sell high and buy low (spread +0.200% now, against its 7-day average of −0.011%): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days. At the pace of the last 3 days (−0.491% in total) that is about 35 hours. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,764.10.0095pay 0.0048% / 4h2h 09m$560K$351K10x
ShortSoDEX SNDK-USD1,767.60.0050get 0.0006% / 1h9m 42s$723K$520K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$9.55
Price spread: +0.200% → −0.011%
$21.16
Slippage, 4 orders
−$17.72
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$23.11
Costs to cover
0.347%
Break-even
never at this rate
Slippage from edgeX: live order book, 39 min ago; SoDEX: live order book, 39 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, 39 min ago5.06 bp9.6 bp −$1011.3 bp −$11347.0 bp −$4,697doesn't fit
Sell SoDEX live order book, 39 min ago0.03 bp7.7 bp −$839.7 bp −$397doesn'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
Bitget SNDKUSDT−0.0310%8h1,769.9+0.329%$47.1M$164.8M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,768.4+0.243%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0030%8h1,769.6+0.314%$6.1M$22.1M20xas long as short
QFEX SNDK-USD−0.0004%1h1,767.9+0.214%$1.4M$10.6M10xas long as short
Aster SNDKUSD10.0000%8h1,770.9+0.388%$21.6M$33.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,770.1+0.343%$281.0M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,770.4+0.361%$31.9M$103.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,770.2+0.347%$82.1M$835.0M75xas long as short
RISEx SNDK/USDC0.0000%1h1,769.3+0.296%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,769.8+0.326%$176.6M$231.7M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,767.4+0.187%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,761.7−0.134%$16K$1.8M10xas long as short
Phoenix SNDK0.0000%1h1,761.7−0.135%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,768.7+0.262%$14K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,769.2+0.291%$879$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,769.1+0.287%$51K$349K10xas long as short
HTX SNDK-USDT0.0000%8h1,769+0.278%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,769+0.277%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0008%1h1,768.5+0.253%$329K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0011%1h1,766.2+0.123%$581K10xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,764.3+0.013%$656$37K5xas long as short
Pacifica SNDK+0.0024%1h1,769.5+0.308%$197K$303K10xas long as short
Lighter RH SNDK+0.0032%1h1,770.4+0.356%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,769.2+0.289%$439K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.034%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,764.2+0.005%$262K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,768.5+0.251%$243K$666K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,769.9+0.330%$119.1M$157.8M10xas long as short
Entropy io:SNDK+0.0050%1h1,767.2+0.177%$4.7M$19.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,767.5+0.194%$185K$131K10xas long as short
SoDEX SNDK-USDshort+0.0050%1h1,767.6+0.200%$723K$520K10x
Paradex SNDK-USD-PERP+0.0050%8h1,770+0.336%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,769.8+0.325%$1.4M$5.1M5xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,770.1+0.343%$437K$2.3M10xas long as short
Lighter SNDK+0.0080%1h1,771.3+0.407%$1.8M$16.4M20xas long as short
Aevo SNDK-PERP+0.0080%1h1,768.6+0.257%$1K10xas long as short
edgeX SNDKUSDClong+0.0095%4h1,764.1long leg$560K$351K10x
ApeX Omni SNDKUSDT+0.0100%1h1,764.5+0.026%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,768.4+0.247%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0121%1h1,769.4+0.302%$127K$347K20xas long as short