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: GRVT against HTX−0.176%77s7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$270.274% of the position

Long on HTX Short on GRVT

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.252%+$25 · spread now −0.176%, 7d avg +0.009%

Together, before fees+0.353%+ Points / potential airdropGRVT: Active · farm board+$35 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: GRVT is 0.184% cheaper against HTX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.009%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SNDK-USDT	1,772	0	get 0.0000% / 8h	2h 52m	$1.4M	$10.7M	50x
Short	GRVT SNDK_USDT_Perp	1,768.9	0	get 0.0000% / 8h	2h 52m	$22K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.176%Rate

Funding earned: $0
Price spread: −0.176% → +0.009%: −$18.43
Slippage, 4 orders: −$6.39
Fee HTX: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$45.82
Costs to cover: 0.274%
Break-even: never at this rate

Slippage from HTX: live order book, 2 min ago; GRVT: 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, 2 min ago	0.03 bp	6.1 bp −$6	9.2 bp −$92	15.7 bp −$1,570	doesn't fit
Sell GRVT live order book, 1 min ago	1.63 bp	6.5 bp −$6	11.3 bp −$113	doesn't fit	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	1,772.6	+0.037%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0043%	8h	1,772.5	+0.032%	$6.1M	$22.1M	20x	as long as short
Bitget SNDKUSDT	−0.0032%	8h	1,773.6	+0.091%	$44.7M	$162.7M	75x	as long as short
Nado SNDK-PERP	−0.0022%	1h	1,774	+0.116%	$338K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,773.5	+0.085%	$1.4M	$11.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,774.2	+0.128%	$21.7M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,774	+0.114%	$280.3M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,774.3	+0.130%	$32.0M	$102.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,774.3	+0.131%	$82.8M	$832.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,774.6	+0.146%	$121K	$1.6M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,773.1	+0.066%	$177.7M	$228.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,770.4	−0.091%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perpshort	0.0000%	8h	1,768.9	−0.176%	$22K	$1.6M	10x
Phoenix SNDK	0.0000%	1h	1,767.8	−0.235%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,773.1	+0.065%	$14K	$285K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,773.7	+0.098%	$954	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,773.3	+0.073%	$51K	$347K	10x	as long as short
HTX SNDK-USDTlong	0.0000%	8h	1,772	long leg	$1.4M	$10.7M	50x
Phemex SNDKUSDT	0.0000%	8h	1,773.9	+0.108%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,769.5	−0.138%	$658	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0015%	1h	1,771.7	−0.014%	—	$586K	10x	as long as short
Entropy io:SNDK	+0.0022%	1h	1,770.9	−0.060%	$4.8M	$19.7M	10x	as long as short
Pacifica SNDK	+0.0024%	1h	1,773.5	+0.087%	$197K	$298K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,773.7	+0.097%	$1.4M	$9.3M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,773.3	+0.077%	$424K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.580%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,769.3	−0.154%	$263K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,773.3	+0.075%	$245K	$655K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,773.4	+0.081%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,773.4	+0.081%	$118.0M	$153.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,772.6	+0.036%	$185K	$132K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,773.2	+0.069%	$1.4M	$5.1M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,773.7	+0.099%	$435K	$2.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,773.1	+0.063%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,769.4	−0.143%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,772	+0.001%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,774.1	+0.119%	$128K	$355K	20x	as long as short
Lighter SNDK	+0.0128%	1h	1,775.1	+0.176%	$1.8M	$15.7M	20x	as long as short
edgeX SNDKUSDC	+0.0614%	4h	1,769.4	−0.143%	$562K	$351K	10x	as long as short
SoDEX SNDK-USD	+0.0654%	1h	1,772.7	+0.040%	$725K	$513K	10x	as long as short