Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0047%/8h= +5.1% APRpaid last 24h —

Price spread now: Paradex against Aftermath Perps−0.023%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.023% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 40 hours of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SNDKUSD	1,790.5	0.0002	pay 0.0000% / 1h	8m 06s	$666	$37K	5x
Short	Paradex SNDK-USD-PERP	1,790	0.0049	get 0.0049% / 8h	5h 08m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Aftermath Perps. 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 Aftermath PerpsbpFee ParadexbpOrdersPrice spread, now −0.023%Rate

Funding earned: $9.79
Price spread: −0.023% → 0.000%: −$2.34
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$5.54
Costs to cover: 0.130%
Break-even: 11.0 days

Slippage unknown: Aftermath Perps: no order-book sample; Paradex: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Aftermath Perps and Paradex: 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
BloFin SNDK-USDT	−0.0120%	8h	1,790.2	−0.017%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,790.7	+0.013%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0046%	1h	1,791.3	+0.045%	$361K	$1.4M	10x	as long as short
Entropy io:SNDK	−0.0044%	1h	1,790.1	−0.020%	$4.9M	$19.9M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,789.7	−0.040%	$1.5M	$14.4M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0007%	1h	1,790.3	−0.010%	$51K	$342K	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,790	−0.027%	$21.8M	$35.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.8	−0.039%	$286.9M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790.4	−0.003%	$32.2M	$99.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,790	−0.026%	$85.0M	$825.1M	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	1,791.2	+0.043%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.8	−0.035%	$180.8M	$231.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.8	−0.038%	$44.0M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.5	−0.054%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,790	−0.024%	$13K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789.9	−0.032%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.4	−0.117%	$739	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.6	−0.050%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,790.1	−0.022%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSDlong	+0.0002%	1h	1,790.5	long leg	$666	$37K	5x
tradeXYZ xyz:SNDK	+0.0014%	1h	1,789.8	−0.037%	$114.8M	$145.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.266%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,791.3	+0.044%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.7	+0.013%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,790.4	−0.003%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.531%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.9	−0.090%	$313K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.3	−0.008%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,790.2	−0.015%	$247K	$646K	20x	as long as short
Paradex SNDK-USD-PERPshort	+0.0049%	8h	1,790	−0.023%	—	—	5x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.5	−0.054%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.9	−0.034%	$732K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.7	−0.042%	$1.4M	$5.1M	5x	as long as short
KuCoin SNDKUSDTM	+0.0055%	8h	1,788.9	−0.087%	$6.1M	$22.0M	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,790.2	−0.015%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.5	−0.055%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,790.3	−0.010%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,790.9	+0.026%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789.4	−0.057%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0833%	4h	1,789.5	−0.052%	$568K	$351K	10x	as long as short