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: edgeX against Bybit−0.362%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs+$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$340.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.066%+$107 on $10k
Price spread, last 3 days (all we have)+0.351%+$35 · spread now −0.362%, 7d avg −0.020%
Together, before fees+1.417%+ Points / potential airdropedgeX: Active · farm board+$142 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.341% cheaper against Bybit than usual: you would sell low and buy high (spread −0.362% now, against its 7-day average of −0.020%). If the spread goes back, that is −$34 on $10k: about 5.2 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+1.066% in total) that is about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SNDKUSDT1,791.90get 0.0000% / 8h7h 47m$32.2M$100.8M100x
ShortedgeX SNDKUSDC1,785.40.0221get 0.0110% / 4h3h 47m$567K$355K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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: −0.362% → −0.020%
−$34.12
Slippage, 4 orders
−$13.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$21.62
Costs to cover
0.338%
Break-even
10.3 days
Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 27 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 Bybit live order book, 2 min ago0.03 bp6.9 bp −$710.1 bp −$10132.5 bp −$3,247doesn't fit
Sell edgeX live order book, 27 min ago5.04 bp9.6 bp −$1011.3 bp −$11346.7 bp −$4,667doesn'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%8h1,791−0.052%$4.1M$4.5M75xas long as short
Aster SNDKUSD10.0000%8h1,789.1−0.156%$21.8M$45.7M20xas long as short
Binance SNDKUSDT0.0000%8h1,790.7−0.070%$285.7M$1.85B75xas long as short
Bybit SNDKUSDTlong0.0000%8h1,791.9long leg$32.2M$100.8M100x
OKX SNDK-USDT-SWAP0.0000%8h1,791.6−0.018%$86.3M$840.6M75xas long as short
Gate SNDK_USDT0.0000%8h1,790.8−0.065%$183.6M$233.1M75xas long as short
Bitget SNDKUSDT0.0000%8h1,790.6−0.077%$48.6M$168.8M75xas long as short
Variational Omni SNDK0.0000%8h1,784.1−0.437%$2.6M$4.6Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,786.6−0.297%$9K$1.1M10xas long as short
Phoenix SNDK0.0000%1h1,786.1−0.325%$278K$195K15xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SNDK-USDT0.0000%8h1,787.8−0.232%$720$3.8M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,791.1−0.048%$50K$311K10xas long as short
HTX SNDK-USDT0.0000%8h1,789.6−0.133%$1.5M$10.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790.9−0.057%$2.8M$1.0M50xas long as short
QFEX SNDK-USD+0.0001%1h1,789.6−0.131%$2.2M$20.7M10xas long as short
RISEx SNDK/USDC+0.0004%1h1,788.7−0.182%$175K$1.8M20xas long as short
Aftermath Perps SNDKUSD+0.0011%1h1,784.3−0.423%$822$37K5xas long as short
Lighter SNDK+0.0032%1h1,792.2+0.015%$1.6M$16.0M20xas long as short
Lighter RH SNDK+0.0032%1h1,791.6−0.021%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,791.3−0.037%$421K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.448%$36$9K12xas long as short
Nado SNDK-PERP+0.0036%1h1,790.4−0.086%$352K$1.4M10xas long as short
Arcus SNDK-USD+0.0040%1h1,784.9−0.393%$299K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,789.9−0.113%$657K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,789.7−0.124%$247K$654K20xas long as short
Entropy io:SNDK+0.0050%1h1,785−0.387%$4.8M$20.0M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,789.8−0.119%$187K$135K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,789.6−0.129%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,787.5−0.247%$1.4M$4.9M5xas long as short
Bullet SNDK-USD+0.0054%1h1,790.5−0.077%$14K$291K10xas long as short
Aevo SNDK-PERP+0.0080%1h1,790.1−0.105%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,788.7−0.180%$199K$293K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,789.5−0.136%$6.1M$22.0M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,787−0.276%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,788.3−0.205%$8K$3K20xas long as short
tradeXYZ xyz:SNDK+0.0104%1h1,791.6−0.018%$115.2M$150.2M10xas long as short
Coinbase International SNDK-PERP-INTX+0.0128%1h1,789.7−0.127%$444K$2.3M10xas long as short
edgeX SNDKUSDCshort+0.0221%4h1,785.4−0.362%$567K$355K10x
Kraken Futures PF_SNDKUSD+0.0659%1h1,790.8−0.062%$130K$382K20xas long as short
SoDEX SNDK-USD+0.0713%1h1,788.6−0.184%$731K$521K10xas long as short