Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h +0.098%

Price spread now: edgeX against Vest−0.035%7-day average −0.763% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.526%+$53 on $10k

Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.035%, 7d avg −0.763%

Together, before fees+0.663%+ Points / potential airdropVest: Active · edgeX: Active · farm board+$66 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.728% dearer against Vest than usual: you sell high and buy low: +$73 more if the spread goes back to its 7-day average of −0.763%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SNDK-USD-PERP	1,785.9	0.0046	pay 0.0006% / 1h	25m 12s	—	$581K	10x
Short	edgeX SNDKUSDC	1,785.2	0.0061	get 0.0030% / 4h	1h 25m	$567K	$351K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Vest. 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 VestbpFee edgeXbpOrdersPrice spread, now −0.035%Rate

Funding earned: $3.15
Price spread: −0.035% → −0.763%: $72.79
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $64.94
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; edgeX: live order book, 38 min ago. Net counts fees only.

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 Vest no order-book sample	—	—	—	—	—
Sell edgeX live order book, 38 min ago	5.07 bp	9.6 bp −$10	11.4 bp −$114	46.3 bp −$4,628	doesn't fit

Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SNDK-USDT	−0.0120%	8h	1,786.1	+0.013%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,785.7	−0.009%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0055%	1h	1,786.5	+0.036%	$4.9M	$20.3M	10x	as long as short
Nado SNDK-PERP	−0.0039%	1h	1,786.8	+0.053%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,785.9	0.000%	$1.5M	$14.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.3	+0.025%	$21.8M	$37.0M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,786.2	+0.020%	$285.5M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,786.6	+0.043%	$32.1M	$99.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,786.6	+0.041%	$85.1M	$822.4M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,787.4	+0.084%	$170K	$1.8M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,786.4	+0.031%	$180.2M	$230.9M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,786.1	+0.015%	$43.8M	$161.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,785.9	+0.003%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.7	−0.007%	$17K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786	+0.008%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.1	−0.043%	$1K	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,786.2	+0.018%	$51K	$338K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,785.7	−0.012%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.2	+0.017%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,787	+0.063%	$665	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0021%	1h	1,786.1	+0.013%	$114.5M	$145.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.009%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,787.2	+0.074%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,786.7	+0.049%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.5	+0.039%	$456K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.790%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,785.1	−0.042%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERPlong	+0.0046%	1h	1,785.9	long leg	—	$581K	10x
Popdex SNDKUSDT	+0.0048%	1h	1,786.1	+0.013%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,786	+0.007%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.9	+0.002%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,786.1	+0.013%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.5	+0.036%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,786.5	+0.035%	$130K	$352K	20x	as long as short
edgeX SNDKUSDCshort	+0.0061%	4h	1,785.2	−0.035%	$567K	$351K	10x
KuCoin SNDKUSDTM	+0.0074%	8h	1,785.8	−0.005%	$6.1M	$21.8M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785.6	−0.014%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,786.4	+0.029%	$199K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,786.9	+0.055%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.2	−0.037%	$8K	$3K	20x	as long as short