Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against SunX+0.005%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$810.806% of the position

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.005%, 7d avg +0.019%

Together, before fees+0.061%+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNDK-USDT	1,767.6	0	get 0.0000% / 8h	4h 54m	$882	$3.1M	20x
Short	HTX SNDK-USDT	1,767.7	0	get 0.0000% / 8h	4h 54m	$1.5M	$9.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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 SunXbpFee HTXbpOrdersPrice spread, now +0.005%Rate

Funding earned: $0
Price spread: +0.005% → +0.019%: −$1.42
Slippage, 4 orders: −$60.63
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$82.05
Costs to cover: 0.806%
Break-even: never at this rate

Slippage from SunX: live order book, 6 min ago; HTX: 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 SunX live order book, 6 min ago	28.08 bp	32.1 bp −$32	61.1 bp −$611	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	0.03 bp	6.5 bp −$6	7.1 bp −$71	12.6 bp −$1,263	doesn't fit

SNDK on 40 exchanges

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
Kraken Futures PF_SNDKUSD	−0.0126%	1h	1,767.2	−0.027%	$167K	$374K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,768.1	+0.028%	$3.9M	$4.7M	75x	as long as short
Entropy io:SNDK	−0.0045%	1h	1,769.2	+0.089%	$4.5M	$19.3M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0005%	1h	1,767.1	−0.028%	$19K	$447K	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,769	+0.076%	$21.5M	$32.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,768.4	+0.044%	$282.1M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,768.3	+0.035%	$31.8M	$107.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,768.3	+0.038%	$80.1M	$840.6M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,770.1	+0.141%	$146K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,768	+0.020%	$180.9M	$209.5M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,768.1	+0.028%	$48.5M	$172.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,767.8	+0.012%	$2.7M	$4.5M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,770.8	+0.182%	$28K	$2.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,770.4	+0.157%	$276K	$178K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,768	+0.021%	$13K	$290K	10x	as long as short
SunX SNDK-USDTlong	0.0000%	8h	1,767.6	long leg	$882	$3.1M	20x
HTX SNDK-USDTshort	0.0000%	8h	1,767.7	+0.005%	$1.5M	$9.8M	50x
Phemex SNDKUSDT	0.0000%	8h	1,768.1	+0.024%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0004%	1h	1,768.7	+0.059%	$1.5M	$9.3M	10x	as long as short
Nado SNDK-PERP	+0.0007%	1h	1,768.8	+0.065%	$322K	$1.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0023%	1h	1,769.9	+0.131%	$676	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,767.9	+0.015%	$1.2M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,767.9	+0.013%	$410K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.829%	$36	$4K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,768.2	+0.031%	$256K	$1.3M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,768.3	+0.040%	—	$570K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,768.9	+0.072%	$243K	$696K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,767.9	+0.015%	$122.3M	$150.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,768.2	+0.032%	$194K	$150K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,767.8	+0.012%	$724K	$523K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768.2	+0.032%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,768.6	+0.054%	—	—	5x	as long as short
Lighter SNDK	+0.0056%	1h	1,768.5	+0.046%	$1.8M	$16.5M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,767.5	−0.005%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,768.9	+0.072%	$193K	$308K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,768.6	+0.055%	$6.1M	$23.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,770.8	+0.178%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,767.3	−0.017%	$9K	$6K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0176%	1h	1,774	+0.358%	$449K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0568%	4h	1,769.9	+0.126%	$562K	$337K	10x	as long as short