Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against HTX+0.069%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

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

costs, in and out, $10k−$310.314% of the position

Long on HTX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.069%, 7d avg +0.036%

Together, before fees+0.076%+$8 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: Bybit is 0.032% dearer against HTX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SNDK-USDT	1,761.1	0	get 0.0000% / 8h	6h 20m	$1.4M	$9.7M	50x
Short	Bybit SNDKUSDT	1,762.3	0	get 0.0000% / 8h	6h 20m	$31.6M	$105.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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 HTXbpFee BybitbpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → +0.036%: $3.25
Slippage, 4 orders: −$8.37
Fee HTX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$28.12
Costs to cover: 0.314%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; Bybit: live order book, 1 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 HTX live order book, 1 min ago	0.03 bp	8.5 bp −$8	10.2 bp −$102	18.8 bp −$1,883	doesn't fit
Sell Bybit live order book, 1 min ago	0.03 bp	7.7 bp −$8	11.2 bp −$112	30.7 bp −$3,068	doesn't fit

SNDK on 40 exchanges

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	1,762	+0.049%	$4.0M	$4.6M	75x	as long as short
Bitget SNDKUSDT	−0.0032%	8h	1,761.6	+0.027%	$49.7M	$168.2M	75x	as long as short
Nado SNDK-PERP	−0.0028%	1h	1,762.3	+0.066%	$325K	$1.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.1	+0.057%	$21.5M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,762.4	+0.071%	$279.7M	$1.85B	75x	as long as short
Bybit SNDKUSDTshort	0.0000%	8h	1,762.3	+0.069%	$31.6M	$105.6M	100x
OKX SNDK-USDT-SWAP	0.0000%	8h	1,761.6	+0.028%	$82.3M	$826.2M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,762.8	+0.096%	$137K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,761.9	+0.043%	$182.0M	$218.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,761.5	+0.023%	$2.7M	$4.7M	—	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,761.4	+0.016%	$274K	$189K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762.1	+0.056%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,762.2	+0.064%	$994	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.1	0.000%	$37K	$387K	10x	as long as short
HTX SNDK-USDTlong	0.0000%	8h	1,761.1	long leg	$1.4M	$9.7M	50x
Phemex SNDKUSDT	0.0000%	8h	1,761.8	+0.040%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	0.0000%	1h	1,762	+0.049%	$1.5M	$9.4M	10x	as long as short
GRVT SNDK_USDT_Perp	+0.0005%	8h	1,761.7	+0.035%	$21K	$2.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,762.1	+0.058%	$725	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.4	+0.072%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,762.5	+0.079%	$392K	$2.3M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.206%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,762.9	+0.103%	$1.7M	$16.7M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,761.6	+0.027%	$270K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,762.1	+0.057%	—	$569K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.3	+0.068%	$244K	$682K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,762	+0.051%	$120.0M	$155.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,762	+0.051%	$4.5M	$19.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,762.1	+0.056%	$186K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,761.8	+0.040%	$723K	$517K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,762.3	+0.069%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.5	+0.022%	$1.4M	$5.4M	5x	as long as short
edgeX SNDKUSDC	+0.0078%	4h	1,762.6	+0.087%	$560K	$338K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,762.1	+0.057%	$1K	—	10x	as long as short
KuCoin SNDKUSDTM	+0.0089%	8h	1,760.8	−0.019%	$6.1M	$22.8M	20x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.9	+0.045%	$197K	$306K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,761.8	+0.039%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,761.4	+0.018%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0136%	1h	1,764.7	+0.205%	$442K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0553%	1h	1,761	−0.008%	$163K	$385K	20x	as long as short