Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against HTX+0.138%7-day average +0.020% · you sell dearer than you buy

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

Long on HTX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.138%, 7d avg +0.020%

Together, before fees−0.034%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.118% dearer against HTX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SNDK-USDT	1,759.6	0	get 0.0000% / 8h	9m 51s	$1.4M	$10.5M	50x
Short	Ondo Perps SNDK-USD.P	1,762	0.0050	get 0.0006% / 1h	9m 51s	$1.4M	$5.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.138%Rate

Funding earned: $10.58
Price spread: +0.138% → +0.020%: $11.84
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $5.43
Costs to cover: 0.170%
Break-even: 3.4 days

Slippage unknown: HTX: live order book, 4 min ago; Ondo Perps: no order-book sample. 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, 4 min ago	1.56 bp	8.6 bp −$9	9.6 bp −$96	18.2 bp −$1,816	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0254%	8h	1,762	+0.139%	$48.3M	$165.9M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,760.2	+0.037%	$3.9M	$4.6M	75x	as long as short
KuCoin SNDKUSDTM	−0.0003%	8h	1,761.1	+0.085%	$6.0M	$22.5M	20x	as long as short
Nado SNDK-PERP	−0.0002%	1h	1,761.1	+0.088%	$330K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,761.2	+0.090%	$1.4M	$9.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.1	+0.144%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,761.7	+0.123%	$280.0M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762	+0.140%	$31.8M	$103.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,762	+0.138%	$82.3M	$833.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,762.2	+0.151%	$120K	$1.6M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,761.9	+0.131%	$179.2M	$229.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,760	+0.026%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,761.7	+0.122%	$18K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761.6	+0.115%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,761.8	+0.129%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,760.9	+0.076%	$733	$3.4M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.7	+0.121%	$51K	$355K	10x	as long as short
HTX SNDK-USDTlong	0.0000%	8h	1,759.6	long leg	$1.4M	$10.5M	50x
Phemex SNDKUSDT	0.0000%	8h	1,761.9	+0.133%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0015%	1h	1,759.3	−0.017%	—	$579K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0016%	1h	1,761.7	+0.123%	$715	$38K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.1	+0.144%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.3	+0.100%	$493K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.295%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,762.7	+0.176%	$1.8M	$16.4M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,759.8	+0.015%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.6	+0.115%	$242K	$652K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,761.8	+0.127%	$119.9M	$157.5M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,760.5	+0.053%	$4.6M	$19.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760.8	+0.070%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,760.8	+0.068%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,760.7	+0.062%	—	—	5x	as long as short
Ondo Perps SNDK-USD.Pshort	+0.0050%	1h	1,762	+0.138%	$1.4M	$5.2M	5x
Aevo SNDK-PERP	+0.0080%	1h	1,761.4	+0.103%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,760.8	+0.070%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,761.9	+0.132%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,761.3	+0.098%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,762.4	+0.161%	$428K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,762.1	+0.142%	$126K	$340K	20x	as long as short
edgeX SNDKUSDC	+0.0857%	4h	1,761.3	+0.098%	$560K	$352K	10x	as long as short