Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0530%/8h= +58.0% APRpaid last 24h +0.088%

Price spread now: edgeX against Aevo+0.023%72s7-day average — · you sell dearer than you buy

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

Long on Aevo Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and edgeX is 0.023% dearer against Aevo than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SNDK-PERP	1,788.6	0.0080	pay 0.0010% / 1h	35m 39s	$1K	—	10x
Short	edgeX SNDKUSDC	1,789	0.0610	get 0.0305% / 4h	35m 39s	$568K	$352K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Aevo. 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 AevobpFee edgeXbpOrdersPrice spread, now +0.023%Rate

Funding earned: $111.33
Price spread: +0.023% → 0.000%: $2.28
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $88.6
Costs to cover: 0.250%
Break-even: 1.4 days

Slippage unknown: Aevo: no order-book sample; edgeX: live order book, 23 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 Aevo no order-book sample	—	—	—	—	—
Sell edgeX live order book, 23 min ago	5.06 bp	9.6 bp −$10	11.1 bp −$111	47.0 bp −$4,704	doesn't fit

Aevo: 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	1,788.6	+0.002%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0104%	1h	1,789	+0.023%	$4.9M	$19.9M	10x	as long as short
Nado SNDK-PERP	−0.0102%	1h	1,789.8	+0.068%	$311K	$1.5M	10x	as long as short
Phoenix SNDK	−0.0089%	1h	1,789.4	+0.045%	$279K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,788.9	+0.015%	$1.5M	$13.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.162%	$439K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.3	+0.038%	$21.8M	$37.1M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.3	+0.039%	$287.2M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789.9	+0.074%	$32.6M	$100.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,789	+0.023%	$84.8M	$826.4M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,790.3	+0.097%	$170K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.4	+0.044%	$180.1M	$230.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.2	+0.033%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,788.8	+0.009%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790	+0.080%	$20K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.1	+0.027%	$15K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.3	−0.018%	$885	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.3	+0.038%	$51K	$344K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.5	−0.007%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.2	+0.035%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,789.9	+0.075%	$666	$38K	5x	as long as short
KuCoin SNDKUSDTM	+0.0012%	8h	1,788.2	−0.025%	$6.1M	$22.3M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.1	+0.082%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.6	+0.057%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.3	+0.040%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.635%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.3	−0.019%	$276K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,789.5	+0.051%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,788.9	+0.014%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.3	+0.039%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789.1	+0.027%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,789.4	+0.045%	$115.2M	$146.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,788.6	0.000%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.2	+0.035%	$731K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,788.9	+0.017%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERPlong	+0.0080%	1h	1,788.6	long leg	$1K	—	10x
Pacifica SNDK	+0.0100%	1h	1,789.4	+0.043%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.4	+0.047%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.2	−0.025%	$8K	$3K	20x	as long as short
edgeX SNDKUSDCshort	+0.0610%	4h	1,789	+0.023%	$568K	$352K	10x