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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0531%/8h= −58.1% APRpaid last 24h −0.085%
Price spread now: Pacifica against edgeX−0.033%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.108%−$111 on $10k
Price spread, last 3 days (all we have)+0.040%+$4 · spread now −0.033%, 7d avg −0.005%
Together, before fees−1.069%+ Points / potential airdropedgeX: Active · Pacifica: Active · farm board−$107 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Pacifica is 0.028% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,763.40.0631pay 0.0315% / 4h3h 31m$560K$355K10x
ShortPacifica SNDK1,762.90.0100get 0.0013% / 1h31m 30s$212K$291K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$111.44
Price spread: −0.033% → −0.005%
−$2.81
Slippage, 4 orders
−$14.69
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$145.94
Costs to cover
0.317%
Break-even
never at this rate
Slippage from edgeX: live order book, 17 min ago; Pacifica: live order book, 17 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, 17 min ago5.07 bp9.9 bp −$1011.4 bp −$11440.4 bp −$4,045doesn't fit
Sell Pacifica live order book, 17 min ago0.85 bp6.9 bp −$7doesn't fitdoesn'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
BloFin SNDK-USDT−0.0120%8h1,763.7+0.013%$4.2M$4.5M75xas long as short
Phoenix SNDK−0.0045%1h1,763.8+0.020%$275K$195K15xas long as short
Aster SNDKUSD10.0000%8h1,763.1−0.018%$21.7M$40.2M20xas long as short
Binance SNDKUSDT0.0000%8h1,763−0.023%$286.2M$1.89B75xas long as short
Bybit SNDKUSDT0.0000%8h1,763.5+0.003%$31.7M$104.9M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,763−0.025%$87.7M$838.5M75xas long as short
RISEx SNDK/USDC0.0000%1h1,763.8+0.023%$130K$1.8M20xas long as short
Gate SNDK_USDT0.0000%8h1,763−0.026%$184.4M$243.6M75xas long as short
Bitget SNDKUSDT0.0000%8h1,763.50.000%$50.3M$170.4M75xas long as short
Variational Omni SNDK0.0000%8h1,761.5−0.111%$2.6M$4.8Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp0.0000%8h1,763.4−0.002%$12K$932K10xas long as short
Bullet SNDK-USD0.0000%1h1,762.8−0.036%$13K$293K10xas long as short
SunX SNDK-USDT0.0000%8h1,763.7+0.014%$810$4.0M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,763.4−0.003%$49K$189K10xas long as short
HTX SNDK-USDT0.0000%8h1,762.7−0.041%$1.5M$11.1M50xas long as short
Phemex SNDKUSDT0.0000%8h1,762.9−0.034%$2.8M$863K50xas long as short
Aftermath Perps SNDKUSD+0.0002%1h1,763.7+0.017%$721$37K5xas long as short
QFEX SNDK-USD+0.0002%1h1,763.3−0.007%$2.2M$21.9M10xas long as short
Nado SNDK-PERP+0.0005%1h1,763.5+0.001%$338K$1.3M10xas long as short
Lighter SNDK+0.0032%1h1,763.7+0.012%$1.6M$16.3M20xas long as short
Lighter RH SNDK+0.0032%1h1,763.5+0.002%$1.4M$10.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,763.3−0.011%$416K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.071%$36$19K12xas long as short
Arcus SNDK-USD+0.0040%1h1,762.4−0.059%$288K$1.7M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,761.7−0.097%$670K10xas long as short
Paradex SNDK-USD-PERP+0.0048%8h1,763.1−0.021%5xas long as short
Popdex SNDKUSDT+0.0048%1h1,763.1−0.019%$243K$678K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,762.9−0.031%$110.1M$149.2M10xas long as short
Entropy io:SNDK+0.0050%1h1,763.3−0.008%$4.4M$20.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,763.1−0.019%$195K$186K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,762.8−0.034%$721K$546K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,762.4−0.059%$1.4M$4.6M5xas long as short
Coinbase International SNDK-PERP-INTX+0.0056%1h1,762.3−0.067%$432K$2.4M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,762.9−0.031%$1K10xas long as short
Pacifica SNDKshort+0.0100%1h1,762.9−0.033%$212K$291K10x
KuCoin SNDKUSDTM+0.0100%8h1,763−0.024%$6.1M$21.9M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,764.3+0.048%$68K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,762.6−0.048%$8K$2K20xas long as short
Kraken Futures PF_SNDKUSD+0.0275%1h1,763.3−0.008%$127K$413K20xas long as short
edgeX SNDKUSDClong+0.0631%4h1,763.4long leg$560K$355K10x