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 Gate+0.005%7-day average −0.010% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$360.358% of the position

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.005%, 7d avg −0.010%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNDK_USDT	1,782	0	get 0.0000% / 8h	3h 46m	$179.7M	$228.8M	75x
Short	HTX SNDK-USDT	1,782.1	0	get 0.0000% / 8h	3h 46m	$1.4M	$10.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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 GatebpFee HTXbpOrdersPrice spread, now +0.005%Rate

Funding earned: $0
Price spread: +0.005% → −0.010%: $1.46
Slippage, 4 orders: −$8.81
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$34.35
Costs to cover: 0.358%
Break-even: never at this rate

Slippage from Gate: 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 Gate live order book, 2 min ago	0.87 bp	11.2 bp −$11	21.3 bp −$213	41.1 bp −$4,115	64.6 bp −$32.3K
Sell HTX live order book, 2 min ago	0.03 bp	6.9 bp −$7	9.1 bp −$91	14.7 bp −$1,467	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	1,782	−0.002%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0099%	1h	1,782.8	+0.044%	$4.9M	$19.8M	10x	as long as short
Nado SNDK-PERP	−0.0049%	1h	1,782.9	+0.048%	$348K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0037%	8h	1,783	+0.053%	$6.1M	$22.0M	20x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,781.8	−0.011%	$1.4M	$12.4M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,785.5	+0.198%	$436K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,783.6	+0.087%	$21.8M	$33.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,782.4	+0.020%	$284.2M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,782.8	+0.041%	$32.3M	$101.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,782.5	+0.027%	$83.5M	$824.9M	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	1,783.1	+0.062%	$170K	$1.6M	20x	as long as short
Gate SNDK_USDTlong	0.0000%	8h	1,782	long leg	$179.7M	$228.8M	75x
Bitget SNDKUSDT	0.0000%	8h	1,782.5	+0.025%	$43.7M	$161.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,783.1	+0.058%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,779.7	−0.129%	$13K	$1.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,782.1	+0.004%	$278K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,782.2	+0.010%	$14K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,780.7	−0.076%	$995	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,782.9	+0.051%	$51K	$345K	10x	as long as short
HTX SNDK-USDTshort	0.0000%	8h	1,782.1	+0.005%	$1.4M	$10.7M	50x
Phemex SNDKUSDT	0.0000%	8h	1,782	−0.004%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0006%	1h	1,783.7	+0.095%	$664	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,782.9	+0.048%	$1.7M	$15.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,782.8	+0.044%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,783.1	+0.058%	$435K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.007%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,782	−0.002%	$277K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,781.2	−0.047%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,782.4	+0.021%	$245K	$649K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,782.3	+0.015%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,782.9	+0.049%	$117.9M	$150.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,781.8	−0.012%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,782.1	+0.004%	$728K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,781.5	−0.029%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,782.1	+0.006%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,782.9	+0.047%	$198K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,780.2	−0.102%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,781.6	−0.024%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,782.9	+0.050%	$130K	$352K	20x	as long as short
edgeX SNDKUSDC	+0.0290%	4h	1,781.1	−0.053%	$566K	$353K	10x	as long as short