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−0.0221%/8h= −24.1% APRpaid last 24h −0.126%
Price spread now: SunX against edgeX+0.195%46s7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$830.833% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.194%−$119 on $10k
Price spread, last 3 days (all we have)−0.289%−$29 · spread now +0.195%, 7d avg −0.036%
Together, before fees−1.482%+ Points / potential airdropedgeX: Active · farm board−$148 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.231% dearer against edgeX than usual: you sell high and buy low (spread +0.195% now, against its 7-day average of −0.036%): +$23 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.5 days. At the pace of the last 7 days (−1.194% in total) that is about 33 hours. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,785.40.0221pay 0.0110% / 4h3h 45m$567K$355K10x
ShortSunX SNDK-USDT1,788.90get 0.0000% / 8h7h 45m$737$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$46.31
Price spread: +0.195% → −0.036%
$23.09
Slippage, 4 orders
−$66.25
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$106.47
Costs to cover
0.833%
Break-even
never at this rate
Slippage from edgeX: live order book, 28 min ago; SunX: 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, 28 min ago5.04 bp9.6 bp −$1011.4 bp −$11447.2 bp −$4,722doesn't fit
Sell SunX live order book, 2 min ago28.03 bp32.0 bp −$3261.6 bp −$616doesn'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
BloFin SNDK-USDT−0.0120%8h1,791+0.310%$4.1M$4.5M75xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0007%1h1,789.9+0.249%$50K$311K10xas long as short
Aster SNDKUSD10.0000%8h1,787.5+0.117%$21.8M$45.7M20xas long as short
Binance SNDKUSDT0.0000%8h1,787.8+0.133%$285.2M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,788.8+0.190%$32.2M$100.7M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,788.7+0.182%$86.1M$839.2M75xas long as short
Gate SNDK_USDT0.0000%8h1,788.4+0.167%$183.3M$233.3M75xas long as short
Bitget SNDKUSDT0.0000%8h1,788.4+0.167%$48.1M$169.0M75xas long as short
Variational Omni SNDK0.0000%8h1,790.6+0.289%$2.6M$4.6Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,786.6+0.065%$9K$1.1M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SNDK0.0000%1h1,789.6+0.232%$279K$195K15xas long as short
SunX SNDK-USDTshort0.0000%8h1,788.9+0.195%$737$3.8M20x
HTX SNDK-USDT0.0000%8h1,790.2+0.268%$1.5M$10.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790+0.254%$2.8M$1.0M50xas long as short
QFEX SNDK-USD+0.0001%1h1,787.9+0.138%$2.1M$20.6M10xas long as short
RISEx SNDK/USDC+0.0004%1h1,788.6+0.177%$171K$1.8M20xas long as short
Aftermath Perps SNDKUSD+0.0010%1h1,785.7+0.012%$823$37K5xas long as short
Bullet SNDK-USD+0.0015%1h1,789.6+0.233%$14K$291K10xas long as short
Nado SNDK-PERP+0.0022%1h1,790.4+0.275%$350K$1.4M10xas long as short
Lighter SNDK+0.0032%1h1,789.7+0.236%$1.6M$16.1M20xas long as short
Lighter RH SNDK+0.0032%1h1,789.1+0.203%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,788.7+0.179%$428K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.813%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,787.2+0.098%$299K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,788.7+0.184%$647K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,788.1+0.148%$246K$657K20xas long as short
Entropy io:SNDK+0.0050%1h1,786.1+0.036%$4.8M$20.1M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,787.6+0.120%$187K$135K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,789+0.199%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,790.1+0.260%$1.4M$4.9M5xas long as short
tradeXYZ xyz:SNDK+0.0052%1h1,788.4+0.165%$115.1M$150.4M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,789.6+0.230%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,788.3+0.160%$199K$293K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,788.4+0.165%$6.1M$22.0M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,791.4+0.333%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,788.2+0.154%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0128%1h1,790.8+0.301%$444K$2.3M10xas long as short
edgeX SNDKUSDClong+0.0221%4h1,785.4long leg$567K$355K10x
Kraken Futures PF_SNDKUSD+0.0660%1h1,790.6+0.288%$130K$382K20xas long as short
SoDEX SNDK-USD+0.0788%1h1,789.7+0.240%$732K$515K10xas long as short