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: Gate against HTX+0.017%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$330.329% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.017%, 7d avg +0.009%

Together, before fees+0.011%+$1 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	1,789.2	0	get 0.0000% / 8h	4h 13m	$1.4M	$10.7M	50x
Short	Gate SNDK_USDT	1,789.5	0	get 0.0000% / 8h	4h 13m	$180.3M	$231.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → +0.009%: $0.75
Slippage, 4 orders: −$5.86
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$32.1
Costs to cover: 0.329%
Break-even: never at this rate

Slippage from HTX: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago	0.03 bp	8.2 bp −$8	9.7 bp −$97	16.7 bp −$1,671	doesn't fit
Sell Gate live order book, 5 min ago	0.03 bp	8.4 bp −$8	15.7 bp −$157	40.8 bp −$4,084	64.7 bp −$32.4K

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	1,789.5	+0.017%	$4.0M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0089%	1h	1,790	+0.048%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0078%	1h	1,790.1	+0.055%	$348K	$1.5M	10x	as long as short
Entropy io:SNDK	−0.0062%	1h	1,789.7	+0.031%	$4.9M	$20.0M	10x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,789.2	+0.002%	$1.4M	$13.2M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,790.5	+0.076%	$438K	$2.3M	10x	as long as short
KuCoin SNDKUSDTM	−0.0015%	8h	1,789.1	−0.005%	$6.1M	$22.3M	20x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.7	+0.033%	$21.8M	$36.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.6	+0.023%	$285.8M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790.3	+0.063%	$32.7M	$100.5M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,790.3	+0.064%	$84.1M	$826.9M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,790.6	+0.078%	$171K	$1.7M	20x	as long as short
Gate SNDK_USDTshort	0.0000%	8h	1,789.5	+0.017%	$180.3M	$231.0M	75x
Bitget SNDKUSDT	0.0000%	8h	1,789.6	+0.024%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.7	+0.030%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.9	+0.044%	$13K	$1.4M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.5	+0.022%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.2	−0.054%	$642	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.7	+0.030%	$51K	$345K	10x	as long as short
HTX SNDK-USDTlong	0.0000%	8h	1,789.2	long leg	$1.4M	$10.7M	50x
Phemex SNDKUSDT	0.0000%	8h	1,789.6	+0.022%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,790.3	+0.064%	$666	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,791	+0.104%	$1.7M	$15.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.1	+0.054%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.7	+0.031%	$465K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.604%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.5	−0.037%	$278K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,790	+0.046%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789.3	+0.006%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.8	+0.036%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,789.4	+0.013%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,790.3	+0.064%	$118.0M	$148.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.2	+0.003%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.5	+0.020%	$732K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.6	+0.025%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.2	+0.003%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,789.7	+0.030%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,790.1	+0.050%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.9	−0.012%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0660%	4h	1,789.5	+0.020%	$568K	$353K	10x	as long as short