Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.024%

Price spread now: HTX against Aevo+0.028%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. HTX is 0.028% dearer against Aevo than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SNDK-PERP	1,760.9	0.0080	pay 0.0010% / 1h	49m 12s	$1K	—	10x
Short	HTX SNDK-USDT	1,761.4	0	get 0.0000% / 8h	4h 49m	$1.5M	$9.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Aevo. 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 AevobpFee HTXbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$16.8
Price spread: +0.028% → 0.000%: $2.8
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee HTX: 6 bp × 2 orders: −$12
Net: −$42
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Aevo: 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 Aevo no order-book sample	—	—	—	—	—
Sell HTX live order book, 3 min ago	0.03 bp	6.0 bp −$6	6.5 bp −$65	15.9 bp −$1,592	doesn't fit

Aevo: 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 exchanges

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
Kraken Futures PF_SNDKUSD	−0.0127%	1h	1,760.5	−0.020%	$166K	$378K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762.7	+0.105%	$3.9M	$4.7M	75x	as long as short
Entropy io:SNDK	−0.0002%	1h	1,763.2	+0.133%	$4.5M	$19.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.8	+0.111%	$21.5M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,762.6	+0.100%	$280.7M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.7	+0.105%	$31.4M	$107.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,761.5	+0.036%	$78.9M	$841.1M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,763.3	+0.140%	$146K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,761.3	+0.026%	$180.5M	$210.2M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,762	+0.065%	$48.4M	$172.3M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,765.2	+0.246%	$2.7M	$4.4M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,765.9	+0.284%	$22K	$2.6M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762.1	+0.070%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,762	+0.067%	$899	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.4	+0.027%	$19K	$447K	10x	as long as short
HTX SNDK-USDTshort	0.0000%	8h	1,761.4	+0.028%	$1.5M	$9.9M	50x
Phemex SNDKUSDT	0.0000%	8h	1,762.7	+0.105%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0004%	1h	1,761.5	+0.036%	$1.5M	$9.3M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0023%	1h	1,765.6	+0.271%	$675	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.6	+0.101%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.5	+0.039%	$419K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.220%	$36	$4K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,761	+0.007%	$255K	$1.4M	10x	as long as short
Phoenix SNDK	+0.0045%	1h	1,761.4	+0.030%	$274K	$178K	15x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,761.4	+0.032%	—	$570K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.6	+0.098%	$243K	$697K	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,761.5	+0.036%	$193K	$165K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,762.8	+0.108%	$722K	$529K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.2	+0.019%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,761.1	+0.015%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0052%	1h	1,762.6	+0.098%	$122.4M	$151.3M	10x	as long as short
Nado SNDK-PERP	+0.0068%	1h	1,761.5	+0.038%	$321K	$1.5M	10x	as long as short
Aevo SNDK-PERPlong	+0.0080%	1h	1,760.9	long leg	$1K	—	10x
Lighter SNDK	+0.0096%	1h	1,763.5	+0.152%	$1.8M	$16.5M	20x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.2	+0.019%	$192K	$305K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,762.5	+0.092%	$6.1M	$23.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,766	+0.294%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,760.5	−0.019%	$9K	$6K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0176%	1h	1,761.9	+0.057%	$446K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0296%	4h	1,765.3	+0.254%	$561K	$338K	10x	as long as short