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: Gate against HTX+0.022%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$380.378% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.022%, 7d avg +0.010%

Together, before fees−0.017%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SNDK-USDT	1,786.8	0	get 0.0000% / 8h	6h 22m	$1.5M	$10.4M	50x
Short	Gate SNDK_USDT	1,787.2	0	get 0.0000% / 8h	6h 22m	$180.9M	$232.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → +0.010%: $1.27
Slippage, 4 orders: −$10.85
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$36.58
Costs to cover: 0.378%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; Gate: 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	6.2 bp −$6	9.9 bp −$99	15.8 bp −$1,579	doesn't fit
Sell Gate live order book, 1 min ago	0.53 bp	11.0 bp −$11	18.0 bp −$180	34.8 bp −$3,484	58.5 bp −$29.2K

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	−0.0142%	1h	1,786.9	+0.006%	$51K	$331K	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,787.5	+0.042%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0028%	1h	1,787.1	+0.020%	$4.9M	$20.4M	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,786.8	+0.001%	$1.7M	$16.6M	10x	as long as short
Nado SNDK-PERP	−0.0015%	1h	1,788.6	+0.101%	$361K	$1.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,787.2	+0.025%	$21.8M	$37.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,787.4	+0.036%	$286.3M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,787.7	+0.050%	$32.1M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,787.6	+0.048%	$85.7M	$829.8M	75x	as long as short
Gate SNDK_USDTshort	0.0000%	8h	1,787.2	+0.022%	$180.9M	$232.2M	75x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,786.9	+0.009%	$44.1M	$164.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,788	+0.070%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,787.1	+0.021%	$13K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786.9	+0.008%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,786	−0.043%	$720	$3.7M	20x	as long as short
HTX SNDK-USDTlong	0.0000%	8h	1,786.8	long leg	$1.5M	$10.4M	50x
Phemex SNDKUSDT	0.0000%	8h	1,786.4	−0.022%	$2.8M	$1.1M	50x	as long as short
tradeXYZ xyz:SNDK	+0.0002%	1h	1,786.8	+0.003%	$114.5M	$145.9M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,787.3	+0.032%	$665	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,788.1	+0.074%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,787.5	+0.044%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,787.7	+0.051%	$476K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.739%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,786.1	−0.037%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,786.7	−0.003%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,787	+0.014%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,786.8	+0.006%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,786.4	−0.020%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,787	+0.012%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787.5	+0.042%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,786.5	−0.016%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,783.4	−0.186%	$437K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,787.1	+0.022%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,786.2	−0.031%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787.7	+0.051%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.3	−0.023%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0131%	1h	1,787.3	+0.033%	$130K	$357K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,788.2	+0.081%	$171K	$1.8M	20x	as long as short
edgeX SNDKUSDC	+0.0627%	4h	1,787.3	+0.032%	$568K	$351K	10x	as long as short