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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0764%/8h= −83.7% APRpaid last 24h −0.106%
Price spread now: Extended against edgeX+0.091%93s7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.330% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.056%−$106 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.091%, 7d avg +0.009%
Together, before fees−1.114%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$111 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.082% dearer against edgeX than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of +0.009%): +$8 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 9 hours. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,760.10.0796pay 0.0398% / 4h1h 25m$559K$351K10x
ShortExtended SNDK_24_5-USD1,761.80.0032get 0.0004% / 1h25m 55s$491K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$160.46
Price spread: +0.091% → +0.009%
$8.23
Slippage, 4 orders
−$19.01
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$185.24
Costs to cover
0.330%
Break-even
never at this rate
Slippage from edgeX: live order book, 18 min ago; Extended: 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, 18 min ago5.34 bp10.0 bp −$1011.8 bp −$11848.8 bp −$4,879doesn't fit
Sell Extended live order book, 3 min ago3.58 bp6.4 bp −$611.4 bp −$114doesn't fitdoesn'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−0.0369%8h1,762.3+0.122%$48.0M$166.3M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,760.2+0.004%$3.9M$4.6M75xas long as short
KuCoin SNDKUSDTM−0.0012%8h1,761.2+0.057%$6.0M$22.2M20xas long as short
QFEX SNDK-USD−0.0008%1h1,761.1+0.053%$1.4M$10.3M10xas long as short
Aster SNDKUSD10.0000%8h1,761.8+0.093%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,761.9+0.100%$280.0M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,762.2+0.116%$31.8M$103.4M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,761.9+0.100%$82.5M$836.1M75xas long as short
RISEx SNDK/USDC0.0000%1h1,762.1+0.110%$120K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,761.9+0.101%$177.5M$231.0M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,759−0.064%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,759.8−0.020%$10K$1.9M10xas long as short
Phoenix SNDK0.0000%1h1,758.9−0.071%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,761.7+0.088%$14K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,759.9−0.012%$857$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,761.7+0.088%$51K$351K10xas long as short
HTX SNDK-USDT0.0000%8h1,761+0.051%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,762.6+0.140%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0013%1h1,759.9−0.015%$723$38K5xas long as short
Vest SNDK-USD-PERP+0.0014%1h1,758.9−0.069%$581K10xas long as short
Nado SNDK-PERP+0.0017%1h1,761.4+0.072%$328K$1.5M10xas long as short
Lighter SNDK+0.0032%1h1,762.7+0.144%$1.8M$16.2M20xas long as short
Lighter RH SNDK+0.0032%1h1,762+0.102%$1.3M$9.6M10xas long as short
Extended SNDK_24_5-USDshort+0.0032%1h1,761.8+0.091%$491K$2.0M10x
Injective SNDK/USDC PERP+0.0033%1h1,800+2.262%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,758.9−0.073%$253K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,761.7+0.088%$242K$668K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,762+0.105%$118.6M$159.0M10xas long as short
Entropy io:SNDK+0.0050%1h1,760−0.008%$4.7M$19.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,760.6+0.026%$185K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,760.8+0.039%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,760.8+0.038%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,759.4−0.043%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,761.4+0.072%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,760.9+0.041%$197K$304K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,760.9+0.042%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,761.5+0.076%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,761+0.047%$431K$2.3M10xas long as short
Kraken Futures PF_SNDKUSD+0.0401%1h1,762+0.103%$127K$346K20xas long as short
edgeX SNDKUSDClong+0.0796%4h1,760.1long leg$559K$351K10x