Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0570%/8h= +62.4% APRpaid last 24h +0.118%

Price spread now: edgeX against SunX+0.022%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs+$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$830.835% of the position

Long on SunX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+1.173%+$117 on $10k

Price spread, last 4 days (all we have)+0.094%+$9 · spread now +0.022%, 7d avg +0.038%

Together, before fees+1.267%+ Points / potential airdropedgeX: Active · farm board+$127 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNDK-USDT	1,767.1	0	get 0.0000% / 8h	5h 26m	$779	$3.1M	20x
Short	edgeX SNDKUSDC	1,767.5	0.0570	get 0.0285% / 4h	1h 26m	$562K	$340K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee edgeXbpOrdersPrice spread, now +0.022%Rate

Funding earned: $119.65
Price spread: +0.022% → +0.038%: −$1.53
Slippage, 4 orders: −$66.48
Fee SunX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $34.64
Costs to cover: 0.835%
Break-even: 5.0 days

Slippage from SunX: live order book, 4 min ago; edgeX: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 4 min ago	28.08 bp	32.1 bp −$32	61.1 bp −$611	doesn't fit	doesn't fit
Sell edgeX live order book, 20 min ago	5.05 bp	9.7 bp −$10	11.5 bp −$115	47.7 bp −$4,772	doesn't fit

SNDK on 40 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SNDKUSD	−0.0259%	1h	1,767.3	+0.008%	$167K	$379K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,768.3	+0.066%	$4.0M	$4.7M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0005%	1h	1,767.4	+0.016%	$19K	$446K	10x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,767.8	+0.036%	$1.5M	$9.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,768.4	+0.075%	$21.5M	$32.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,768.7	+0.088%	$282.0M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,768.6	+0.087%	$31.5M	$107.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,768.8	+0.096%	$81.0M	$840.8M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,768.2	+0.064%	$182.3M	$220.1M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,768.3	+0.066%	$50.0M	$172.0M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,767.9	+0.045%	$2.7M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,768.1	+0.058%	$19K	$2.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,767.7	+0.033%	$275K	$188K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,768.3	+0.067%	$14K	$290K	10x	as long as short
SunX SNDK-USDTlong	0.0000%	8h	1,767.1	long leg	$779	$3.1M	20x
HTX SNDK-USDT	0.0000%	8h	1,767.6	+0.030%	$1.4M	$9.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,768.4	+0.071%	$2.8M	$1.2M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0021%	1h	1,768.1	+0.057%	$676	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,768.5	+0.076%	$1.2M	$9.7M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,767.6	+0.025%	$413K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.859%	$36	$4K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,767.4	+0.015%	$269K	$1.3M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,767.5	+0.023%	—	$574K	10x	as long as short
Nado SNDK-PERP	+0.0047%	1h	1,768.1	+0.056%	$325K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,768.3	+0.067%	$243K	$702K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,768.5	+0.079%	$121.6M	$152.7M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,767.7	+0.033%	$4.5M	$19.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,767.7	+0.033%	$187K	$131K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,768	+0.050%	$725K	$522K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768.1	+0.056%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0052%	8h	1,767.7	+0.031%	—	—	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,767.8	+0.038%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,768.4	+0.071%	$193K	$310K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,767.4	+0.018%	$6.1M	$23.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,769.3	+0.125%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,767.5	+0.023%	$8K	$3K	20x	as long as short
Lighter SNDK	+0.0128%	1h	1,769	+0.109%	$1.8M	$16.8M	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0152%	1h	1,768.9	+0.100%	$451K	$2.2M	10x	as long as short
edgeX SNDKUSDCshort	+0.0570%	4h	1,767.5	+0.022%	$562K	$340K	10x
RISEx SNDK/USDC	+0.0898%	1h	1,769.5	+0.138%	$146K	$1.5M	20x	as long as short