Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.009%

Price spread now: Extended against HTX+0.069%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$230.230% of the position

Long on HTX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

Price spread, last 3 days (all we have)+0.064%+$6 · spread now +0.069%, 7d avg +0.024%

Together, before fees+0.140%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.045% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SNDK-USDT	1,783.9	0	get 0.0000% / 8h	6h 20m	$1.4M	$10.4M	50x
Short	Extended SNDK_24_5-USD	1,785.1	0.0032	get 0.0004% / 1h	20m 02s	$477K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.069%Rate

Funding earned: $6.72
Price spread: +0.069% → +0.024%: $4.53
Slippage, 4 orders: −$6
Fee HTX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$11.75
Costs to cover: 0.230%
Break-even: 19.2 days

Slippage from HTX: live order book, 4 min ago; Extended: 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 HTX live order book, 4 min ago	0.03 bp	6.2 bp −$6	9.9 bp −$99	15.8 bp −$1,579	doesn't fit
Sell Extended live order book, 3 min ago	0.36 bp	4.5 bp −$5	10.3 bp −$103	doesn't fit	doesn't fit

SNDK on 39 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
Deribit SNDK_USDC-PERPETUAL	−0.0176%	1h	1,784.4	+0.029%	$51K	$331K	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,787.5	+0.201%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0037%	1h	1,785.6	+0.095%	$4.9M	$20.4M	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,784.3	+0.023%	$1.7M	$16.5M	10x	as long as short
Nado SNDK-PERP	−0.0021%	1h	1,785.7	+0.100%	$360K	$1.4M	10x	as long as short
tradeXYZ xyz:SNDK	−0.0006%	1h	1,784.3	+0.022%	$114.3M	$146.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786	+0.118%	$21.8M	$37.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,784.5	+0.034%	$285.8M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,784.8	+0.050%	$32.1M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,784.7	+0.044%	$85.6M	$828.3M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,784.3	+0.022%	$180.7M	$232.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,784.3	+0.022%	$44.0M	$164.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	+0.010%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.6	+0.153%	$13K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,784.7	+0.044%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,783.9	+0.001%	$838	$3.7M	20x	as long as short
HTX SNDK-USDTlong	0.0000%	8h	1,783.9	long leg	$1.4M	$10.4M	50x
Phemex SNDKUSDT	0.0000%	8h	1,784.2	+0.015%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,786.8	+0.160%	$701	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,785.4	+0.085%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,785	+0.061%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USDshort	+0.0032%	1h	1,785.1	+0.069%	$477K	$1.7M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.900%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.9	+0.056%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,784.6	+0.041%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,784.5	+0.033%	$245K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,784.3	+0.020%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784.2	+0.016%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,784.3	+0.020%	$729K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787.5	+0.201%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,784	+0.008%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,784.2	+0.014%	$436K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,784.4	+0.029%	$198K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.4	+0.082%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787.7	+0.214%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,783.8	−0.008%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,784.8	+0.052%	$130K	$357K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,785.5	+0.087%	$164K	$1.8M	20x	as long as short
edgeX SNDKUSDC	+0.0612%	4h	1,786.6	+0.152%	$567K	$352K	10x	as long as short