Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.013%

Price spread now: HTX against Vest−0.021%7-day average −0.769% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.044%−$4 on $10k

Price spread, last 4 days (all we have)−0.119%−$12 · spread now −0.021%, 7d avg −0.769%

Together, before fees−0.163%+ Points / potential airdropVest: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.748% dearer against Vest than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.769%): +$75 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 55 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SNDK-USD-PERP	1,788.9	0.0046	pay 0.0006% / 1h	35m 38s	—	$581K	10x
Short	HTX SNDK-USDT	1,788.5	0	get 0.0000% / 8h	4h 35m	$1.4M	$10.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Vest. 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 VestbpFee HTXbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$9.59
Price spread: −0.021% → −0.769%: $74.76
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee HTX: 6 bp × 2 orders: −$12
Net: $51.17
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; HTX: live order book, 3 min ago. Net counts fees only.

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 Vest no order-book sample	—	—	—	—	—
Sell HTX live order book, 3 min ago	0.03 bp	9.2 bp −$9	10.3 bp −$103	20.0 bp −$1,998	doesn't fit

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,788.6	−0.012%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0104%	1h	1,789	+0.008%	$4.9M	$19.9M	10x	as long as short
Nado SNDK-PERP	−0.0102%	1h	1,789.8	+0.054%	$311K	$1.5M	10x	as long as short
Phoenix SNDK	−0.0089%	1h	1,789.4	+0.031%	$279K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,788.9	+0.001%	$1.5M	$13.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.176%	$439K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.3	+0.024%	$21.8M	$37.1M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.3	+0.025%	$287.2M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789.9	+0.060%	$32.6M	$100.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,789	+0.008%	$84.8M	$826.4M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,790.3	+0.083%	$170K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.4	+0.030%	$180.1M	$230.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.2	+0.019%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,788.8	−0.005%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790	+0.066%	$20K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.1	+0.013%	$15K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.3	−0.032%	$885	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.3	+0.024%	$51K	$344K	10x	as long as short
HTX SNDK-USDTshort	0.0000%	8h	1,788.5	−0.021%	$1.4M	$10.8M	50x
Phemex SNDKUSDT	0.0000%	8h	1,789.2	+0.021%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,789.9	+0.061%	$666	$38K	5x	as long as short
KuCoin SNDKUSDTM	+0.0012%	8h	1,788.2	−0.039%	$6.1M	$22.3M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.1	+0.068%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.6	+0.042%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.3	+0.025%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.621%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.3	−0.033%	$276K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,789.5	+0.036%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERPlong	+0.0046%	1h	1,788.9	long leg	—	$581K	10x
Popdex SNDKUSDT	+0.0048%	1h	1,789.3	+0.025%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789.1	+0.013%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,789.4	+0.031%	$115.2M	$146.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,788.6	−0.014%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.2	+0.021%	$731K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,788.9	+0.003%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.6	−0.014%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,789.4	+0.029%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.4	+0.032%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.2	−0.039%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0610%	4h	1,789	+0.008%	$568K	$352K	10x	as long as short