Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h —

Price spread now: Paradex against Coinbase International−0.001%7-day average — · you buy dearer than you sell

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

Long on Coinbase International 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SNDK-PERP-INTX	1,762.4	0.0112	pay 0.0014% / 1h	37m 37s	$429K	$2.1M	10x
Short	Paradex SNDK-USD-PERP	1,762.4	0.0050	get 0.0050% / 8h	37m 37s	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Coinbase International. 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 Coinbase InternationalbpFee ParadexbpOrdersPrice spread, now −0.001%Rate

Funding earned: −$13.01
Price spread: −0.001% → 0.000%: −$0.09
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$27.1
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 6 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 Coinbase International live order book, 6 min ago	2.78 bp	7.9 bp −$8	9.9 bp −$99	29.7 bp −$2,967	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 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	−0.0277%	8h	1,762.7	+0.015%	$48.4M	$166.2M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762.4	−0.002%	$3.9M	$4.6M	75x	as long as short
Nado SNDK-PERP	−0.0018%	1h	1,762.9	+0.029%	$328K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0016%	8h	1,761.7	−0.040%	$6.0M	$22.3M	20x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,762.3	−0.006%	$1.4M	$10.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,763.1	+0.038%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,762.5	+0.002%	$279.9M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.9	+0.030%	$31.7M	$103.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,762.7	+0.016%	$82.4M	$834.3M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,763.2	+0.045%	$121K	$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	1,762.6	+0.010%	$177.8M	$228.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,763.8	+0.079%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,763.6	+0.069%	$16K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,763.1	+0.039%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762.4	0.000%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,762.5	+0.007%	$985	$3.4M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,762.5	+0.002%	$51K	$353K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,762.2	−0.015%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.2	−0.013%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,762.6	+0.012%	$673	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0015%	1h	1,760.2	−0.125%	—	$579K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,763.7	+0.072%	$1.8M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.9	+0.028%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,762.4	0.000%	$490K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.130%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,761.5	−0.052%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.1	−0.018%	$243K	$652K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,762.6	+0.010%	$119.4M	$159.5M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,762.3	−0.007%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,761.2	−0.069%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,762.3	−0.007%	$721K	$520K	10x	as long as short
Paradex SNDK-USD-PERPshort	+0.0050%	8h	1,762.4	−0.001%	—	—	5x
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,763.2	+0.044%	$1.4M	$5.2M	5x	as long as short
edgeX SNDKUSDC	+0.0058%	4h	1,763.6	+0.068%	$560K	$350K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,762	−0.025%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,762.5	+0.005%	$198K	$308K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,764	+0.092%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,762.1	−0.020%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTXlong	+0.0112%	1h	1,762.4	long leg	$429K	$2.1M	10x
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,762.8	+0.021%	$127K	$340K	20x	as long as short