Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%

Price spread now: RISEx against HTX+0.108%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$260.262% of the position

Long on HTX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.055%+$5 on $10k

Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.108%, 7d avg +0.046%

Together, before fees−0.018%−$2 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: RISEx is 0.062% dearer against HTX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SNDK-USDT	1,765.8	0	get 0.0000% / 8h	2h 01m	$1.4M	$10.6M	50x
Short	RISEx SNDK/USDC	1,767.7	0	get 0.0000% / 1h	1m 20s	$122K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.108%Rate

Funding earned: $0
Price spread: +0.108% → +0.046%: $6.21
Slippage, 4 orders: −$8.15
Fee HTX: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$19.94
Costs to cover: 0.262%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; RISEx: live order book, 2 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, 3 min ago	0.03 bp	8.6 bp −$9	10.5 bp −$105	22.5 bp −$2,250	doesn't fit
Sell RISEx live order book, 2 min ago	1.39 bp	4.4 bp −$4	6.1 bp −$61	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
Bitget SNDKUSDT	−0.0233%	8h	1,767	+0.065%	$47.4M	$164.7M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,767.1	+0.072%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0024%	8h	1,766.2	+0.022%	$6.1M	$22.1M	20x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,766.4	+0.034%	$1.4M	$10.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,766.8	+0.057%	$21.6M	$33.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,767.2	+0.080%	$280.2M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,767.2	+0.080%	$31.7M	$103.4M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,767.8	+0.112%	$82.2M	$834.7M	75x	as long as short
RISEx SNDK/USDCshort	0.0000%	1h	1,767.7	+0.108%	$122K	$1.6M	20x
Gate SNDK_USDT	0.0000%	8h	1,766.9	+0.060%	$177.2M	$232.3M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,767.8	+0.110%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,767.4	+0.089%	$10K	$1.8M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,768.3	+0.140%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,766.9	+0.061%	$14K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,766.1	+0.013%	$1K	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,766.2	+0.022%	$51K	$350K	10x	as long as short
HTX SNDK-USDTlong	0.0000%	8h	1,765.8	long leg	$1.4M	$10.6M	50x
Phemex SNDKUSDT	0.0000%	8h	1,766.1	+0.018%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0013%	1h	1,767.3	+0.086%	$328K	$1.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,766.8	+0.058%	$657	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0017%	1h	1,764.8	−0.058%	—	$581K	10x	as long as short
Pacifica SNDK	+0.0024%	1h	1,766.4	+0.034%	$196K	$303K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,766.9	+0.063%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,765.9	+0.005%	$465K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.933%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,765.4	−0.025%	$260K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,766.9	+0.061%	$243K	$666K	20x	as long as short
Entropy io:SNDK	+0.0049%	1h	1,766.5	+0.039%	$4.7M	$19.8M	10x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,766.5	+0.039%	$119.0M	$158.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,765.9	+0.005%	$185K	$131K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,766.4	+0.031%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,766	+0.010%	$1.4M	$5.1M	5x	as long as short
SoDEX SNDK-USD	+0.0054%	1h	1,766.2	+0.019%	$722K	$520K	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,770.1	+0.244%	$437K	$2.3M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,766.6	+0.044%	$1K	—	10x	as long as short
Lighter SNDK	+0.0088%	1h	1,767.5	+0.097%	$1.8M	$16.4M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,766.6	+0.042%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,766.8	+0.055%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,766.8	+0.058%	$127K	$347K	20x	as long as short
edgeX SNDKUSDC	+0.0456%	4h	1,765.6	−0.015%	$561K	$353K	10x	as long as short