Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: HTX against Extended−0.006%7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

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

costs, in and out, $10k−$300.296% of the position

Long on Extended Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.073%−$7 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now −0.006%, 7d avg −0.022%

Together, before fees−0.156%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SNDK_24_5-USD	1,763.6	0.0032	pay 0.0004% / 1h	21m 38s	$491K	$2.0M	10x
Short	HTX SNDK-USDT	1,763.5	0	get 0.0000% / 8h	1h 21m	$1.4M	$10.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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 ExtendedbpFee HTXbpOrdersPrice spread, now −0.006%Rate

Funding earned: −$6.72
Price spread: −0.006% → −0.022%: $1.6
Slippage, 4 orders: −$12.58
Fee Extended: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$34.7
Costs to cover: 0.296%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; HTX: live order book, 2 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 Extended live order book, 2 min ago	3.52 bp	6.7 bp −$7	12.1 bp −$121	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	0.03 bp	7.0 bp −$7	7.7 bp −$77	13.3 bp −$1,329	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
Bitget SNDKUSDT	−0.0341%	8h	1,764.3	+0.039%	$48.3M	$166.7M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,763.2	−0.020%	$3.9M	$4.6M	75x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,763.8	+0.012%	$1.4M	$10.3M	10x	as long as short
KuCoin SNDKUSDTM	−0.0004%	8h	1,763.1	−0.026%	$6.0M	$22.2M	20x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,765	+0.079%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,764.3	+0.040%	$280.5M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,764.5	+0.049%	$31.8M	$103.4M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,764	+0.023%	$82.6M	$837.1M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,764.3	+0.038%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,764.3	+0.037%	$177.2M	$231.2M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,761.5	−0.116%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,763.5	−0.008%	$11K	$2.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761	−0.147%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,764.3	+0.042%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,764.3	+0.039%	$880	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,764	+0.026%	$51K	$351K	10x	as long as short
HTX SNDK-USDTshort	0.0000%	8h	1,763.5	−0.006%	$1.4M	$10.6M	50x
Phemex SNDKUSDT	0.0000%	8h	1,764.5	+0.052%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,761.9	−0.097%	$656	$37K	5x	as long as short
Vest SNDK-USD-PERP	+0.0016%	1h	1,762	−0.088%	—	$581K	10x	as long as short
Nado SNDK-PERP	+0.0019%	1h	1,764.2	+0.037%	$328K	$1.5M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,765.2	+0.091%	$1.8M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,764.4	+0.046%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USDlong	+0.0032%	1h	1,763.6	long leg	$491K	$2.0M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.062%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,761.8	−0.103%	$254K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,764.1	+0.029%	$242K	$668K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,764	+0.023%	$118.7M	$158.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,762.4	−0.067%	$4.7M	$19.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,763.3	−0.016%	$185K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,763.9	+0.018%	$721K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,764	+0.022%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,763.6	+0.001%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,764.1	+0.027%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,763.9	+0.015%	$198K	$304K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,763.7	+0.006%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,763.2	−0.022%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,761	−0.149%	$431K	$2.3M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0400%	1h	1,764.8	+0.068%	$127K	$346K	20x	as long as short
edgeX SNDKUSDC	+0.0501%	4h	1,763	−0.034%	$560K	$352K	10x	as long as short