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−0.055%7-day average +0.017% · you buy dearer than you sell

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 4 days (all we have)+0.031%+$3 on $10k

Price spread, last 4 days (all we have)+0.095%+$10 · spread now −0.055%, 7d avg +0.017%

Together, before fees+0.126%+ Points / potential airdropVariational Omni: Active · farm board+$13 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 0.071% cheaper against HTX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SNDK-USDT	1,762.5	0	get 0.0000% / 8h	1h 22m	$1.4M	$10.6M	50x
Short	Variational Omni SNDK	1,761.5	0	get 0.0000% / 8h	1h 22m	$2.5M	$4.8M	—

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 −0.055%Rate

Funding earned: $0
Price spread: −0.055% → +0.017%: −$7.14
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$19.14
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 1 min ago; Variational Omni: RFQ quote, 1 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, 1 min ago	0.03 bp	9.7 bp −$10	10.6 bp −$106	17.3 bp −$1,728	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	2.41 bp	doesn't fit	5.3 bp −$53	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
Bitget SNDKUSDT	−0.0355%	8h	1,764.1	+0.089%	$48.0M	$166.5M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,763.2	+0.041%	$3.9M	$4.6M	75x	as long as short
KuCoin SNDKUSDTM	−0.0008%	8h	1,762.8	+0.016%	$6.0M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,762.8	+0.016%	$1.4M	$10.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,764	+0.084%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,763.9	+0.077%	$280.3M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,764.6	+0.116%	$31.8M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,764.3	+0.102%	$82.5M	$837.3M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,763.6	+0.064%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,763.9	+0.077%	$177.1M	$231.2M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDKshort	0.0000%	8h	1,761.5	−0.055%	$2.5M	$4.8M	—
GRVT SNDK_USDT_Perp	0.0000%	8h	1,760.2	−0.131%	$10K	$2.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761	−0.086%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,763.2	+0.038%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,763.1	+0.031%	$673	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,763.3	+0.044%	$51K	$351K	10x	as long as short
HTX SNDK-USDTlong	0.0000%	8h	1,762.5	long leg	$1.4M	$10.6M	50x
Phemex SNDKUSDT	0.0000%	8h	1,763.8	+0.075%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,761.5	−0.058%	$655	$37K	5x	as long as short
Vest SNDK-USD-PERP	+0.0016%	1h	1,760.9	−0.093%	—	$581K	10x	as long as short
Nado SNDK-PERP	+0.0018%	1h	1,763.8	+0.075%	$328K	$1.5M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,764.2	+0.096%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,763.5	+0.053%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,763.6	+0.060%	$491K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.125%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,760.7	−0.102%	$254K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,763.1	+0.033%	$242K	$668K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,764.2	+0.096%	$118.7M	$158.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,761.8	−0.040%	$4.7M	$19.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,762.4	−0.006%	$185K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,763.2	+0.040%	$721K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,763.5	+0.058%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,763	+0.028%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,762.9	+0.025%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,763.4	+0.050%	$198K	$304K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760.4	−0.119%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,762.6	+0.007%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,761	−0.087%	$431K	$2.3M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0400%	1h	1,763.8	+0.073%	$127K	$346K	20x	as long as short
edgeX SNDKUSDC	+0.0891%	4h	1,760.1	−0.139%	$559K	$351K	10x	as long as short