Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.009%

Price spread now: HTX against Arcus+0.216%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$380.385% of the position

Long on Arcus Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.007%−$1 on $10k

Price spread, last 3 days (all we have)−0.218%−$22 · spread now +0.216%, 7d avg +0.033%

Together, before fees−0.226%−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.183% dearer against Arcus than usual: you sell high and buy low (spread +0.216% now, against its 7-day average of +0.033%): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 3 days (−0.007% in total) that is about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,786.4	0.0040	pay 0.0005% / 1h	45m 59s	$299K	$1.6M	10x
Short	HTX SNDK-USDT	1,790.2	0	get 0.0000% / 8h	7h 45m	$1.5M	$10.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Arcus. 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 ArcusbpFee HTXbpOrdersPrice spread, now +0.216%Rate

Funding earned: −$8.46
Price spread: +0.216% → +0.033%: $18.25
Slippage, 4 orders: −$21.98
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$28.68
Costs to cover: 0.385%
Break-even: never at this rate

Slippage from Arcus: live order book, 3 min ago; HTX: live order book, 3 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 Arcus live order book, 3 min ago	1.03 bp	8.4 bp −$8	14.9 bp −$149	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	0.03 bp	6.9 bp −$7	9.9 bp −$99	16.4 bp −$1,642	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
BloFin SNDK-USDT	−0.0120%	8h	1,791	+0.258%	$4.1M	$4.5M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0007%	1h	1,789.9	+0.197%	$50K	$311K	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,788.7	+0.130%	$21.8M	$45.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,790.1	+0.206%	$285.6M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790.7	+0.241%	$32.2M	$100.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,790.6	+0.236%	$86.2M	$840.2M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.7	+0.183%	$183.4M	$233.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,790.2	+0.213%	$48.1M	$169.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,790.6	+0.237%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.6	+0.013%	$9K	$1.1M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,786.1	−0.016%	$278K	$195K	15x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.9	+0.143%	$737	$3.8M	20x	as long as short
HTX SNDK-USDTshort	0.0000%	8h	1,790.2	+0.216%	$1.5M	$10.9M	50x
Phemex SNDKUSDT	0.0000%	8h	1,790	+0.202%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,791	+0.258%	$2.1M	$20.7M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,790.7	+0.240%	$171K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0010%	1h	1,785.7	−0.040%	$823	$37K	5x	as long as short
Bullet SNDK-USD	+0.0015%	1h	1,789.6	+0.181%	$14K	$291K	10x	as long as short
Nado SNDK-PERP	+0.0025%	1h	1,792.1	+0.322%	$350K	$1.4M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,791	+0.258%	$1.6M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,791.4	+0.282%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,790	+0.203%	$425K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.760%	$36	$9K	12x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,786.4	long leg	$299K	$1.6M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.8	+0.249%	—	$648K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,790.9	+0.253%	$247K	$657K	20x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,786.4	+0.001%	$4.8M	$20.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,790.9	+0.253%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,792.1	+0.320%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,790.3	+0.219%	$1.4M	$4.9M	5x	as long as short
tradeXYZ xyz:SNDK	+0.0069%	1h	1,790	+0.203%	$115.2M	$150.3M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.6	+0.178%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,791	+0.259%	$199K	$293K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,789	+0.148%	$6.1M	$22.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787	+0.034%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.2	+0.102%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,790.8	+0.249%	$444K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0221%	4h	1,785.4	−0.052%	$567K	$355K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0660%	1h	1,790.6	+0.236%	$130K	$382K	20x	as long as short
SoDEX SNDK-USD	+0.0788%	1h	1,789.7	+0.188%	$732K	$515K	10x	as long as short