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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0480%/8h= −52.6% APRpaid last 24h −0.123%
Price spread now: Binance against edgeX−0.079%100s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.304% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.977%−$98 on $10k
Price spread, last 4 days (all we have)+0.555%+$56 · spread now −0.079%, 7d avg +0.017%
Together, before fees−0.422%+ Points / potential airdropedgeX: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Binance is 0.096% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.017%). Swap the legs. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,759.20.0480pay 0.0240% / 4h55m 44s$559K$349K10x
ShortBinance SNDKUSDT1,757.80get 0.0000% / 8h55m 44s$278.6M$1.87B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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
−$100.81
Price spread: −0.079% → +0.017%
−$9.63
Slippage, 4 orders
−$11.42
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$140.86
Costs to cover
0.304%
Break-even
never at this rate
Slippage from edgeX: live order book, 48 min ago; Binance: live order book, 3 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 edgeX live order book, 48 min ago5.34 bp10.0 bp −$1011.8 bp −$11848.8 bp −$4,879doesn't fit
Sell Binance live order book, 3 min ago0.03 bp5.5 bp −$67.2 bp −$7212.2 bp −$1,217doesn'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
Bitget SNDKUSDT−0.0298%8h1,758.4−0.047%$48.3M$167.4M75xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0131%1h1,758.4−0.041%$51K$351K10xas long as short
BloFin SNDK-USDT−0.0120%8h1,758.3−0.049%$3.9M$4.6M75xas long as short
Nado SNDK-PERP−0.0074%1h1,759−0.007%$327K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0009%8h1,758.5−0.037%$6.0M$22.3M20xas long as short
QFEX SNDK-USD−0.0001%1h1,758.4−0.046%$1.4M$10.1M10xas long as short
Aster SNDKUSD10.0000%8h1,759.4+0.011%$21.5M$32.9M20xas long as short
Binance SNDKUSDTshort0.0000%8h1,757.8−0.079%$278.6M$1.87B75x
Bybit SNDKUSDT0.0000%8h1,758.1−0.062%$31.9M$103.7M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,757.7−0.083%$82.1M$833.6M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,759.8+0.036%$120K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,757.7−0.085%$177.0M$227.9M75xas long as short
Variational Omni SNDK0.0000%8h1,758.5−0.037%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,759.9+0.040%$20K$2.0M10xas long as short
Phoenix SNDK0.0000%1h1,758.8−0.021%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,758.6−0.033%$13K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,758.8−0.019%$704$3.5M20xas long as short
HTX SNDK-USDT0.0000%8h1,758.4−0.044%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,759−0.007%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0011%1h1,760.2+0.058%$673$38K5xas long as short
Vest SNDK-USD-PERP+0.0014%1h1,756.3−0.165%$579K10xas long as short
Lighter SNDK+0.0032%1h1,758.5−0.039%$1.8M$16.2M20xas long as short
Lighter RH SNDK+0.0032%1h1,758−0.066%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,757.7−0.085%$490K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.319%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,758.4−0.044%$254K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,759.1−0.004%$242K$654K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,757.4−0.101%$118.7M$159.2M10xas long as short
Entropy io:SNDK+0.0050%1h1,758.8−0.021%$4.6M$19.6M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,757.6−0.089%$185K$130K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,758.7−0.028%$719K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,758.3−0.048%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,758.6−0.032%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,758.6−0.033%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,758.6−0.035%$197K$305K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,760.6+0.084%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,758.1−0.059%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,759.6+0.026%$431K$2.2M10xas long as short
Kraken Futures PF_SNDKUSD+0.0274%1h1,759−0.008%$126K$340K20xas long as short
edgeX SNDKUSDClong+0.0480%4h1,759.2long leg$559K$349K10x