Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Bitget+0.004%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$300.299% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.162%−$16 on $10k

Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.004%, 7d avg −0.012%

Together, before fees−0.208%−$21 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SNDKUSDT	1,780.1	0	get 0.0000% / 8h	3h 49m	$43.7M	$161.9M	75x
Short	HTX SNDK-USDT	1,780.2	0	get 0.0000% / 8h	3h 49m	$1.4M	$10.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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 BitgetbpFee HTXbpOrdersPrice spread, now +0.004%Rate

Funding earned: $0
Price spread: +0.004% → −0.012%: $1.65
Slippage, 4 orders: −$5.95
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$28.3
Costs to cover: 0.299%
Break-even: never at this rate

Slippage from Bitget: 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 Bitget live order book, 5 min ago	0.08 bp	7.1 bp −$7	10.8 bp −$108	doesn't fit	doesn't fit
Sell HTX live order book, 5 min ago	0.03 bp	8.6 bp −$9	9.4 bp −$94	14.9 bp −$1,486	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	1,780	−0.005%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0114%	1h	1,783	+0.164%	$4.9M	$19.8M	10x	as long as short
Nado SNDK-PERP	−0.0050%	1h	1,782.4	+0.133%	$348K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0037%	8h	1,781.5	+0.082%	$6.1M	$22.1M	20x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,781.1	+0.055%	$1.4M	$12.5M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,785.5	+0.307%	$436K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,782	+0.108%	$21.7M	$34.1M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,779.6	−0.027%	$283.7M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,780.5	+0.021%	$32.2M	$101.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,779.7	−0.021%	$83.6M	$823.1M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,782.2	+0.117%	$170K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,780.2	+0.008%	$179.5M	$228.8M	75x	as long as short
Bitget SNDKUSDTlong	0.0000%	8h	1,780.1	long leg	$43.7M	$161.9M	75x
Variational Omni SNDK	0.0000%	8h	1,783.1	+0.167%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785	+0.278%	$17K	$1.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,782.1	+0.113%	$278K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,781.1	+0.057%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,779.4	−0.036%	$1K	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,781.3	+0.070%	$51K	$345K	10x	as long as short
HTX SNDK-USDTshort	0.0000%	8h	1,780.2	+0.004%	$1.4M	$10.7M	50x
Phemex SNDKUSDT	0.0000%	8h	1,780.3	+0.014%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,784.7	+0.257%	$701	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,781.6	+0.086%	$1.7M	$15.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,781	+0.051%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,781	+0.052%	$438K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.117%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783	+0.162%	$277K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,780.7	+0.035%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,780.9	+0.046%	$245K	$649K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,781.7	+0.093%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,780.7	+0.035%	$117.8M	$150.1M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,780.9	+0.046%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,780.8	+0.040%	$728K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,781.5	+0.080%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,780.5	+0.026%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,781.8	+0.098%	$198K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,785	+0.276%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,780.4	+0.017%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,781.4	+0.073%	$130K	$352K	20x	as long as short
edgeX SNDKUSDC	+0.0187%	4h	1,784.5	+0.247%	$567K	$352K	10x	as long as short