Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: HTX against Extended+0.005%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$290.294% of the position

Long on Extended Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$8 on $10k

Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.005%, 7d avg −0.022%

Together, before fees−0.159%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.027% dearer against Extended than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.022%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SNDK_24_5-USD	1,767.8	0.0032	pay 0.0004% / 1h	8m 06s	$444K	$2.0M	10x
Short	HTX SNDK-USDT	1,767.9	0	get 0.0000% / 8h	2h 08m	$1.4M	$10.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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 ExtendedbpFee HTXbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$6.72
Price spread: +0.005% → −0.022%: $2.69
Slippage, 4 orders: −$12.44
Fee Extended: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$33.47
Costs to cover: 0.294%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; HTX: 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 Extended live order book, 5 min ago	3.14 bp	7.7 bp −$8	13.9 bp −$139	doesn't fit	doesn't fit
Sell HTX live order book, 1 min ago	0.03 bp	7.7 bp −$8	7.8 bp −$78	14.2 bp −$1,416	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	−0.0284%	8h	1,768.2	+0.024%	$47.1M	$164.9M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,767.5	−0.015%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0029%	8h	1,767.4	−0.022%	$6.1M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,767.7	−0.003%	$1.4M	$10.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,768.4	+0.034%	$21.6M	$33.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,768.1	+0.018%	$280.7M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,768.3	+0.028%	$31.8M	$103.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,768.4	+0.036%	$82.3M	$834.6M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,769.3	+0.084%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,768	+0.015%	$176.6M	$231.9M	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	1,767.4	−0.022%	$2.5M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,767.9	+0.006%	$16K	$1.8M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,767.4	−0.021%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,767.9	+0.007%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,767.7	−0.002%	$790	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,768.1	+0.016%	$51K	$349K	10x	as long as short
HTX SNDK-USDTshort	0.0000%	8h	1,767.9	+0.005%	$1.4M	$10.6M	50x
Phemex SNDKUSDT	0.0000%	8h	1,768	+0.011%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0009%	1h	1,768.1	+0.020%	$329K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,766.3	−0.086%	—	$581K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,766.3	−0.086%	$695	$37K	5x	as long as short
Pacifica SNDK	+0.0024%	1h	1,768	+0.013%	$197K	$303K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,768.4	+0.035%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USDlong	+0.0032%	1h	1,767.8	long leg	$444K	$2.0M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.821%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,765.9	−0.106%	$262K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,768.3	+0.030%	$243K	$666K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,767.9	+0.007%	$119.1M	$157.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,766.5	−0.072%	$4.7M	$19.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,767	−0.044%	$185K	$131K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,768	+0.010%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,769.8	+0.115%	$1.4M	$5.1M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,770.1	+0.134%	$437K	$2.3M	10x	as long as short
Lighter SNDK	+0.0080%	1h	1,769.1	+0.077%	$1.8M	$16.4M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,767.6	−0.008%	$1K	—	10x	as long as short
SoDEX SNDK-USD	+0.0083%	1h	1,768.1	+0.021%	$723K	$520K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,768.4	+0.035%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,767.6	−0.008%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,768.5	+0.043%	$127K	$347K	20x	as long as short
edgeX SNDKUSDC	+0.0984%	4h	1,766.9	−0.047%	$561K	$351K	10x	as long as short