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: Bybit against HTX+0.048%53s7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as 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−$330.332% of the position

Long on HTX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.048%, 7d avg +0.032%

Together, before fees+0.085%+$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SNDK-USDT	1,765.4	0	get 0.0000% / 8h	2h 03m	$1.4M	$10.6M	50x
Short	Bybit SNDKUSDT	1,766.3	0	get 0.0000% / 8h	2h 03m	$31.7M	$103.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.048%Rate

Funding earned: $0
Price spread: +0.048% → +0.032%: $1.55
Slippage, 4 orders: −$10.18
Fee HTX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$31.63
Costs to cover: 0.332%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; Bybit: 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, 1 min ago	0.03 bp	8.6 bp −$9	10.5 bp −$105	22.5 bp −$2,250	doesn't fit
Sell Bybit live order book, 1 min ago	0.43 bp	7.5 bp −$8	11.1 bp −$111	32.9 bp −$3,287	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	−0.0242%	8h	1,766.1	+0.037%	$47.3M	$164.7M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,766.5	+0.063%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0025%	8h	1,766.2	+0.043%	$6.1M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,766.1	+0.035%	$1.4M	$10.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,766.7	+0.072%	$21.6M	$33.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,765.8	+0.019%	$280.1M	$1.85B	75x	as long as short
Bybit SNDKUSDTshort	0.0000%	8h	1,766.3	+0.048%	$31.7M	$103.3M	100x
OKX SNDK-USDT-SWAP	0.0000%	8h	1,766.6	+0.066%	$82.2M	$834.2M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,767.4	+0.112%	$122K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,765.7	+0.018%	$176.9M	$232.2M	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	+0.132%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,768.5	+0.174%	$20K	$1.8M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,768.3	+0.163%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,765.9	+0.027%	$13K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,765.5	+0.001%	$955	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,766.6	+0.064%	$51K	$350K	10x	as long as short
HTX SNDK-USDTlong	0.0000%	8h	1,765.4	long leg	$1.4M	$10.6M	50x
Phemex SNDKUSDT	0.0000%	8h	1,767	+0.087%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERP	+0.0014%	1h	1,766	+0.031%	$328K	$1.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,766.4	+0.053%	$657	$37K	5x	as long as short
Vest SNDK-USD-PERP	+0.0017%	1h	1,764.2	−0.073%	—	$581K	10x	as long as short
Pacifica SNDK	+0.0024%	1h	1,766	+0.030%	$196K	$303K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,766.7	+0.074%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,765.7	+0.012%	$458K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.956%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,765.7	+0.014%	$260K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,765.9	+0.027%	$243K	$666K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,765.9	+0.027%	$118.9M	$158.1M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,766.4	+0.055%	$4.7M	$19.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,764.8	−0.036%	$185K	$131K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,765.6	+0.010%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,765.6	+0.010%	$1.4M	$5.1M	5x	as long as short
SoDEX SNDK-USD	+0.0062%	1h	1,766.5	+0.062%	$722K	$520K	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,770.1	+0.266%	$437K	$2.3M	10x	as long as short
Lighter SNDK	+0.0080%	1h	1,767	+0.091%	$1.8M	$16.4M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,765.7	+0.015%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,766.6	+0.064%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,766.2	+0.042%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,766.7	+0.074%	$127K	$347K	20x	as long as short
edgeX SNDKUSDC	+0.0463%	4h	1,767.6	+0.121%	$561K	$353K	10x	as long as short