Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%

Price spread now: HTX against Aster−0.069%53s7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$290.286% of the position

Long on Aster Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 3 days (all we have)−0.088%−$9 · spread now −0.069%, 7d avg −0.020%

Together, before fees−0.138%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.049% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.020%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SNDKUSD1	1,770.9	0	get 0.0000% / 8h	1h 59m	$21.8M	$39.8M	20x
Short	HTX SNDK-USDT	1,769.6	0	get 0.0000% / 8h	1h 59m	$1.5M	$11.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee HTXbpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → −0.020%: −$4.86
Slippage, 4 orders: −$8.61
Fee Aster: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$33.47
Costs to cover: 0.286%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; HTX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 5 min ago	1.95 bp	6.0 bp −$6	10.7 bp −$107	doesn't fit	doesn't fit
Sell HTX live order book, 5 min ago	0.03 bp	9.6 bp −$10	11.4 bp −$114	19.1 bp −$1,908	doesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SNDK-USDT	−0.0120%	8h	1,768.5	−0.136%	$4.2M	$4.5M	75x	as long as short
Phoenix SNDK	−0.0045%	1h	1,768.6	−0.128%	$275K	$195K	15x	as long as short
QFEX SNDK-USD	−0.0007%	1h	1,770.7	−0.011%	$2.2M	$22.0M	10x	as long as short
Aster SNDKUSD1long	0.0000%	8h	1,770.9	long leg	$21.8M	$39.8M	20x
Binance SNDKUSDT	0.0000%	8h	1,771.3	+0.022%	$287.1M	$1.90B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,771.3	+0.027%	$31.6M	$105.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,771.4	+0.030%	$87.8M	$847.8M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,771	+0.008%	$183.6M	$241.0M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,771.1	+0.013%	$49.6M	$171.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,768.5	−0.132%	$2.6M	$4.7M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,768.4	−0.141%	$10K	$1.0M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,770.9	+0.002%	$14K	$294K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,768	−0.162%	$877	$4.0M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,771.2	+0.019%	$49K	$233K	10x	as long as short
HTX SNDK-USDTshort	0.0000%	8h	1,769.6	−0.069%	$1.5M	$11.1M	50x
Phemex SNDKUSDT	0.0000%	8h	1,771	+0.005%	$2.8M	$952K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,770	−0.050%	$681	$38K	5x	as long as short
RISEx SNDK/USDC	+0.0015%	1h	1,770.8	−0.001%	$162K	$1.8M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,770.8	−0.002%	$1.5M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,770.4	−0.024%	$1.4M	$10.1M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,770	−0.049%	$410K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.643%	$36	$19K	12x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0040%	1h	1,770.2	−0.039%	$434K	$2.4M	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,769.6	−0.071%	$282K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,769.4	−0.081%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,771.2	+0.019%	$244K	$679K	20x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,769.4	−0.082%	$4.6M	$20.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,771.1	+0.014%	$196K	$185K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,769.2	−0.096%	$723K	$550K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,770.3	−0.032%	$1.4M	$4.8M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,770.1	−0.044%	—	—	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0070%	1h	1,771.2	+0.020%	$129K	$416K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,770.2	−0.037%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,770.2	−0.037%	$213K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,770.1	−0.045%	$6.0M	$22.8M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,769.4	−0.083%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,770.6	−0.013%	$8K	$2K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0170%	1h	1,770.8	−0.003%	$112.2M	$152.0M	10x	as long as short
Nado SNDK-PERP	+0.0209%	1h	1,769.9	−0.056%	$308K	$1.4M	10x	as long as short
edgeX SNDKUSDC	+0.0272%	4h	1,768.6	−0.126%	$562K	$356K	10x	as long as short