Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.48 per $10,000 · paid last 24h —

Price spread now: Paradex against Aster−0.072%7-day average — · you buy dearer than you sell

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

Long on Aster 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 airdropAster: Stage 5 · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.072% cheaper against Aster than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 5.0 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SNDKUSD1	1,785.6	0	get 0.0000% / 8h	5h 58m	$21.8M	$37.2M	20x
Short	Paradex SNDK-USD-PERP	1,784.3	0.0048	get 0.0048% / 8h	5h 58m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Aster. 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 AsterbpFee ParadexbpOrdersPrice spread, now −0.072%Rate

Funding earned: $10.06
Price spread: −0.072% → 0.000%: −$7.15
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$9.09
Costs to cover: 0.120%
Break-even: 13.3 days

Slippage unknown: Aster: live order book, 5 min ago; 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 Aster live order book, 5 min ago	1.18 bp	7.7 bp −$8	11.7 bp −$117	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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 39 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
Phoenix SNDK	−0.0045%	1h	1,784.4	−0.066%	$278K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,784.6	−0.056%	$1.6M	$15.5M	10x	as long as short
Aster SNDKUSD1long	0.0000%	8h	1,785.6	long leg	$21.8M	$37.2M	20x
Binance SNDKUSDT	0.0000%	8h	1,785.5	−0.007%	$285.7M	$1.81B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,785.5	−0.003%	$32.1M	$99.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.4	−0.010%	$85.3M	$821.9M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,785.8	+0.015%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,784.8	−0.043%	$180.1M	$230.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,784.4	−0.064%	$43.8M	$163.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.2	−0.075%	$2.6M	$4.7M	—	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.5	−0.003%	$19K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,782.3	−0.184%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,781.5	−0.230%	$857	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,783.2	−0.134%	$50K	$332K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,783.2	−0.135%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,783.7	−0.107%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,784.6	−0.055%	$664	$37K	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,782.5	−0.175%	$435K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,785.4	−0.009%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,784.8	−0.044%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,784.5	−0.058%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.805%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,782.8	−0.157%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,781.8	−0.210%	—	$584K	10x	as long as short
Paradex SNDK-USD-PERPshort	+0.0048%	8h	1,784.3	−0.072%	—	—	5x
Popdex SNDKUSDT	+0.0048%	1h	1,785.1	−0.027%	$246K	$645K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,784.5	−0.060%	$114.4M	$146.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,784.3	−0.072%	$4.9M	$20.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,781.8	−0.212%	$187K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,783	−0.143%	$729K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.3	−0.072%	$1.4M	$5.0M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,783.1	−0.141%	$130K	$355K	20x	as long as short
Nado SNDK-PERP	+0.0060%	1h	1,783.3	−0.126%	$359K	$1.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,782.7	−0.160%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,784.7	−0.050%	$198K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,783.8	−0.098%	$6.1M	$21.7M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,784.5	−0.063%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,782.3	−0.186%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0591%	4h	1,784.5	−0.060%	$567K	$354K	10x	as long as short