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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.102%
Price spread now: edgeX against Popdex−0.229%59s7-day average −0.008% · you buy dearer than you sell
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−$270.267% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.563%+$56 on $10k
Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.229%, 7d avg −0.008%
Together, before fees+0.777%+ Points / potential airdropedgeX: Active · farm board+$78 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and edgeX is 0.222% cheaper against Popdex than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.008%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.563%, so the current rate has only just turned against you. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex SNDKUSDT1,768.30.0048pay 0.0006% / 1h5m 36s$244K$654K20x
ShortedgeX SNDKUSDC1,764.20.0008get 0.0004% / 4h3h 05m$560K$352K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Popdex. 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
−$8.37
Price spread: −0.229% → −0.008%
−$22.18
Slippage, 4 orders
−$11.32
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$57.28
Costs to cover
0.267%
Break-even
never at this rate
Slippage from Popdex: live order book, 48 min ago; edgeX: live order book, 48 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 Popdex live order book, 48 min ago0.56 bp3.8 bp −$46.1 bp −$61doesn't fitdoesn't fit
Sell edgeX live order book, 48 min ago5.04 bp9.6 bp −$1011.5 bp −$11547.3 bp −$4,733doesn'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%8h1,765.9−0.133%$3.9M$4.4M75xas long as short
KuCoin SNDKUSDTM−0.0047%8h1,766.8−0.084%$6.1M$22.1M20xas long as short
Entropy io:SNDK−0.0031%1h1,766.6−0.096%$4.8M$19.8M10xas long as short
QFEX SNDK-USD−0.0019%1h1,765.9−0.136%$1.4M$11.9M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,766.8−0.084%$433K$2.3M10xas long as short
Nado SNDK-PERP−0.0005%1h1,768.5+0.009%$341K$1.5M10xas long as short
Aster SNDKUSD10.0000%8h1,767.3−0.057%$21.6M$32.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,766.5−0.104%$280.2M$1.83B75xas long as short
Bybit SNDKUSDT0.0000%8h1,766.8−0.085%$31.7M$102.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,766.1−0.124%$81.9M$827.3M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,767.2−0.063%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,766−0.133%$177.2M$231.8M75xas long as short
Bitget SNDKUSDT0.0000%8h1,766.5−0.104%$44.2M$162.8M75xas long as short
Variational Omni SNDK0.0000%8h1,767.8−0.029%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,763.9−0.249%$10K$1.6M10xas long as short
Phoenix SNDK0.0000%1h1,765.4−0.164%$275K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,768.4+0.006%$14K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,767.5−0.047%$806$3.6M20xas long as short
HTX SNDK-USDT0.0000%8h1,768.1−0.009%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,767.8−0.028%$2.8M$1.1M50xas long as short
edgeX SNDKUSDCshort+0.0008%4h1,764.2−0.229%$560K$352K10x
Aftermath Perps SNDKUSD+0.0011%1h1,768.1−0.010%$658$38K5xas long as short
Vest SNDK-USD-PERP+0.0025%1h1,764.1−0.240%$582K10xas long as short
Lighter SNDK+0.0032%1h1,767.4−0.049%$1.7M$16.0M20xas long as short
Lighter RH SNDK+0.0032%1h1,767.4−0.051%$1.3M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,765.9−0.134%$424K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.790%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,765.8−0.139%$262K$1.5M10xas long as short
Popdex SNDKUSDTlong+0.0048%1h1,768.3long leg$244K$654K20x
Paradex SNDK-USD-PERP+0.0050%8h1,766.7−0.092%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,767.1−0.068%$117.1M$153.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,768.2−0.006%$185K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,766.8−0.083%$722K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,766.6−0.096%$1.4M$5.1M5xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0055%1h1,768.2−0.005%$51K$346K10xas long as short
Aevo SNDK-PERP+0.0080%1h1,768−0.019%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,767−0.075%$197K$296K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,763.4−0.280%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,767−0.072%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,768.8+0.026%$128K$355K20xas long as short