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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0984%/8h= −107.7% APRpaid last 24h −0.106%
Price spread now: RISEx against edgeX+0.131%55s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.273% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.553%−$55 on $10k
Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.131%, 7d avg +0.032%
Together, before fees−0.703%+ Points / potential airdropedgeX: Active · farm board−$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. RISEx is 0.099% dearer against edgeX than usual: you sell high and buy low (spread +0.131% now, against its 7-day average of +0.032%): +$10 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 8 hours. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,766.90.0984pay 0.0492% / 4h2h 08m$561K$351K10x
ShortRISEx SNDK/USDC1,769.30get 0.0000% / 1h8m 00s$121K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$206.64
Price spread: +0.131% → +0.032%
$9.92
Slippage, 4 orders
−$12.26
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$223.98
Costs to cover
0.273%
Break-even
never at this rate
Slippage from edgeX: live order book, 41 min ago; RISEx: live order book, 1 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, 41 min ago5.06 bp9.6 bp −$1011.3 bp −$11347.0 bp −$4,697doesn't fit
Sell RISEx live order book, 1 min ago1.02 bp4.0 bp −$45.9 bp −$59doesn'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−0.0284%8h1,768.3+0.076%$47.2M$164.9M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,767.5+0.032%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0029%8h1,767.8+0.049%$6.1M$22.2M20xas long as short
QFEX SNDK-USD−0.0004%1h1,767.7+0.044%$1.4M$10.6M10xas long as short
Aster SNDKUSD10.0000%8h1,769+0.116%$21.6M$33.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,768.7+0.102%$280.8M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,768.7+0.097%$31.8M$103.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,768.6+0.094%$82.3M$834.7M75xas long as short
RISEx SNDK/USDCshort0.0000%1h1,769.3+0.131%$121K$1.6M20x
Gate SNDK_USDT0.0000%8h1,768+0.062%$176.6M$231.9M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,767.4+0.025%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,767.9+0.053%$16K$1.8M10xas long as short
Phoenix SNDK0.0000%1h1,767.4+0.026%$275K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,767.9+0.054%$14K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,767.7+0.045%$790$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,768.1+0.063%$51K$349K10xas long as short
HTX SNDK-USDT0.0000%8h1,767.9+0.052%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,768+0.058%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0009%1h1,768.1+0.067%$329K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0014%1h1,766.3−0.039%$581K10xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,766.3−0.039%$695$37K5xas long as short
Pacifica SNDK+0.0024%1h1,768+0.060%$197K$303K10xas long as short
Lighter RH SNDK+0.0032%1h1,768.4+0.082%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,767.9+0.055%$445K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.869%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,765.9−0.059%$262K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,768.3+0.077%$243K$666K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,767.9+0.054%$119.1M$157.9M10xas long as short
Entropy io:SNDK+0.0050%1h1,766.5−0.025%$4.7M$19.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,767+0.004%$185K$131K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,768+0.058%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,769.8+0.162%$1.4M$5.1M5xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,770.1+0.181%$437K$2.3M10xas long as short
Lighter SNDK+0.0080%1h1,769.1+0.125%$1.8M$16.4M20xas long as short
Aevo SNDK-PERP+0.0080%1h1,767.6+0.039%$1K10xas long as short
SoDEX SNDK-USD+0.0083%1h1,768.1+0.068%$723K$520K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,768.4+0.082%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,767.6+0.039%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0121%1h1,768.5+0.090%$127K$347K20xas long as short
edgeX SNDKUSDClong+0.0984%4h1,766.9long leg$561K$351K10x