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 GRVT+0.073%7-day average −0.014% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$270.273% of the position

Long on GRVT Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.101%−$10 on $10k

Price spread, last 3 days (all we have)−0.146%−$15 · spread now +0.073%, 7d avg −0.014%

Together, before fees−0.247%+ Points / potential airdropGRVT: Active · farm board−$25 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 0.087% dearer against GRVT than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SNDK_USDT_Perp	1,782.4	0	get 0.0000% / 8h	7h 51m	$9K	$1.1M	10x
Short	HTX SNDK-USDT	1,783.7	0	get 0.0000% / 8h	7h 51m	$1.5M	$10.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against GRVT. 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 GRVTbpFee HTXbpOrdersPrice spread, now +0.073%Rate

Funding earned: $0
Price spread: +0.073% → −0.014%: $8.72
Slippage, 4 orders: −$6.34
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$18.62
Costs to cover: 0.273%
Break-even: never at this rate

Slippage from GRVT: live order book, 2 min ago; HTX: live order book, 3 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 GRVT live order book, 2 min ago	1.12 bp	6.3 bp −$6	8.5 bp −$85	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	0.03 bp	6.9 bp −$7	9.3 bp −$93	13.5 bp −$1,350	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	1,783.9	+0.087%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,783.8	+0.083%	$21.9M	$46.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,783.5	+0.063%	$285.6M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,784.4	+0.113%	$32.2M	$100.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,784.1	+0.098%	$86.4M	$836.5M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,783.9	+0.085%	$182.7M	$232.6M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,784.1	+0.098%	$48.2M	$169.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	+0.098%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perplong	0.0000%	8h	1,782.4	long leg	$9K	$1.1M	10x
Phoenix SNDK	0.0000%	1h	1,782.8	+0.025%	$278K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNDK-USDT	0.0000%	8h	1,783.3	+0.055%	$603	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,784.2	+0.106%	$50K	$310K	10x	as long as short
HTX SNDK-USDTshort	0.0000%	8h	1,783.7	+0.073%	$1.5M	$10.9M	50x
Phemex SNDKUSDT	0.0000%	8h	1,783.9	+0.086%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,783.8	+0.079%	$2.2M	$20.8M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,784.5	+0.123%	$174K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,780.7	−0.090%	$789	$37K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,784.5	+0.121%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,784.5	+0.121%	$419K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.988%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,784.8	+0.135%	$1.6M	$16.0M	20x	as long as short
Nado SNDK-PERP	+0.0040%	1h	1,784.4	+0.114%	$354K	$1.4M	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,780.7	−0.095%	$285K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,783.8	+0.080%	—	$675K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,784.3	+0.109%	$246K	$660K	20x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,781.4	−0.053%	$4.7M	$19.9M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,784.5	+0.120%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,783.4	+0.059%	$1.4M	$4.9M	5x	as long as short
Polymarket Perps SNDK-USD	+0.0053%	1h	1,784.2	+0.104%	$186K	$139K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,783.7	+0.076%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,784.4	+0.115%	$212K	$279K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,783.5	+0.063%	$6.1M	$22.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.4	+0.057%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,782.9	+0.033%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,784.7	+0.130%	$442K	$2.4M	10x	as long as short
Bullet SNDK-USD	+0.0220%	1h	1,784.4	+0.116%	$13K	$290K	10x	as long as short
tradeXYZ xyz:SNDK	+0.0249%	1h	1,784.1	+0.098%	$114.6M	$149.8M	10x	as long as short
SoDEX SNDK-USD	+0.0488%	1h	1,783.8	+0.080%	$729K	$527K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0662%	1h	1,784.6	+0.128%	$130K	$399K	20x	as long as short
edgeX SNDKUSDC	+0.0902%	4h	1,781.7	−0.035%	$566K	$354K	10x	as long as short