Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%

Price spread now: Deribit against HTX+0.025%7-day average +0.018% · 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−$41as in the Price arb table

costs, in and out, $10k−$420.418% of the position

Long on HTX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.056%−$6 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.025%, 7d avg +0.018%

Together, before fees−0.033%−$3 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	1,767.3	0	get 0.0000% / 8h	2h 46m	$1.4M	$10.7M	50x
Short	Deribit SNDK_USDC-PERPETUAL	1,767.8	0	get 0.0000% / 1h	46m 48s	$51K	$347K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.025%Rate

Funding earned: $0
Price spread: +0.025% → +0.018%: $0.77
Slippage, 4 orders: −$22.83
Fee HTX: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$41.06
Costs to cover: 0.418%
Break-even: never at this rate

Slippage from HTX: live order book, 2 min ago; Deribit: live order book, 2 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, 2 min ago	0.03 bp	8.1 bp −$8	10.0 bp −$100	18.2 bp −$1,819	doesn't fit
Sell Deribit live order book, 2 min ago	8.19 bp	14.0 bp −$14	17.6 bp −$176	doesn't fit	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	1,768.8	+0.080%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0044%	8h	1,769.5	+0.124%	$6.1M	$22.1M	20x	as long as short
Nado SNDK-PERP	−0.0021%	1h	1,769.3	+0.109%	$336K	$1.5M	10x	as long as short
Bitget SNDKUSDT	−0.0016%	8h	1,769.9	+0.142%	$44.6M	$162.6M	75x	as long as short
Entropy io:SNDK	−0.0006%	1h	1,769.1	+0.100%	$4.7M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,768.1	+0.042%	$1.4M	$11.2M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,770	+0.151%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,769.8	+0.141%	$279.6M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,770.2	+0.162%	$31.7M	$103.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,769.6	+0.128%	$82.5M	$830.3M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,769.6	+0.128%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,769.7	+0.133%	$177.5M	$228.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,772.2	+0.276%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,772.5	+0.293%	$22K	$1.7M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,770.1	+0.156%	$276K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,767.8	+0.026%	$15K	$285K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,768.7	+0.074%	$814	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUALshort	0.0000%	1h	1,767.8	+0.025%	$51K	$347K	10x
HTX SNDK-USDTlong	0.0000%	8h	1,767.3	long leg	$1.4M	$10.7M	50x
Phemex SNDKUSDT	0.0000%	8h	1,768	+0.036%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,770.3	+0.169%	$686	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,767.2	−0.006%	—	$586K	10x	as long as short
Pacifica SNDK	+0.0024%	1h	1,768.5	+0.065%	$197K	$304K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,768.3	+0.056%	$1.3M	$9.3M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,769.4	+0.116%	$423K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.846%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,769.4	+0.119%	$263K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,768.7	+0.077%	$244K	$653K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,768.4	+0.059%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,769.4	+0.117%	$117.8M	$154.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,767.7	+0.020%	$185K	$132K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768.4	+0.060%	$1.4M	$5.1M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,773.7	+0.362%	$435K	$2.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,767.7	+0.019%	$1K	—	10x	as long as short
Lighter SNDK	+0.0096%	1h	1,769.2	+0.105%	$1.7M	$15.8M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,772.7	+0.301%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,767.5	+0.009%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,768.3	+0.057%	$128K	$355K	20x	as long as short
edgeX SNDKUSDC	+0.0156%	4h	1,771.9	+0.257%	$563K	$353K	10x	as long as short
SoDEX SNDK-USD	+0.0214%	1h	1,768.1	+0.044%	$723K	$513K	10x	as long as short