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: Variational Omni against HTX+0.038%7-day average +0.016% · you sell dearer than you buy

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

Long on HTX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.031%+$3 on $10k

Price spread, last 3 days (all we have)+0.024%+$2 · spread now +0.038%, 7d avg +0.016%

Together, before fees+0.055%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.022% dearer against HTX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SNDK-USDT	1,784.7	0	get 0.0000% / 8h	6h 15m	$1.4M	$10.4M	50x
Short	Variational Omni SNDK	1,785.4	0	get 0.0000% / 8h	6h 15m	$2.6M	$4.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.038%Rate

Funding earned: $0
Price spread: +0.038% → +0.016%: $2.17
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$9.83
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 3 min ago; Variational Omni: RFQ quote, 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 HTX live order book, 3 min ago	0.03 bp	6.5 bp −$6	11.1 bp −$111	17.9 bp −$1,793	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	2.38 bp	doesn't fit	4.8 bp −$48	doesn't fit	doesn't fit

SNDK on 39 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
Deribit SNDK_USDC-PERPETUAL	−0.0259%	1h	1,786	+0.071%	$51K	$331K	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,785.1	+0.024%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0037%	1h	1,785.9	+0.068%	$4.9M	$20.5M	10x	as long as short
Nado SNDK-PERP	−0.0028%	1h	1,786.7	+0.113%	$360K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,784.9	+0.011%	$1.7M	$16.4M	10x	as long as short
tradeXYZ xyz:SNDK	−0.0013%	1h	1,785.8	+0.063%	$114.4M	$146.1M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.6	+0.106%	$21.8M	$36.8M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,786	+0.076%	$285.9M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,786.3	+0.088%	$32.1M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,786.3	+0.091%	$85.5M	$828.7M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,786.2	+0.084%	$180.9M	$232.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,786.1	+0.080%	$44.0M	$164.6M	75x	as long as short
Variational Omni SNDKshort	0.0000%	8h	1,785.4	+0.038%	$2.6M	$4.7M	—
GRVT SNDK_USDT_Perp	0.0000%	8h	1,784.3	−0.022%	$16K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,785.6	+0.052%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,784.3	−0.021%	$1K	$3.7M	20x	as long as short
HTX SNDK-USDTlong	0.0000%	8h	1,784.7	long leg	$1.4M	$10.4M	50x
Phemex SNDKUSDT	0.0000%	8h	1,785.4	+0.038%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,786	+0.076%	$701	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,787.2	+0.141%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,786.8	+0.116%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.7	+0.116%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.856%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.1	−0.031%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.2	+0.028%	—	$584K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,785.8	+0.064%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,784.9	+0.012%	$245K	$645K	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784.9	+0.012%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,785.1	+0.023%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,785.6	+0.052%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785.3	+0.037%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,784.9	+0.013%	$436K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,786.1	+0.080%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.2	+0.027%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,785.3	+0.037%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,784.8	+0.007%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,785.7	+0.059%	$130K	$357K	20x	as long as short
edgeX SNDKUSDC	+0.0227%	4h	1,783.9	−0.045%	$567K	$353K	10x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,787	+0.130%	$170K	$1.8M	20x	as long as short