Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0090%/8h= +9.8% APRpaid last 24h —

Price spread now: Paradex against Deribit+0.007%7-day average — · you sell dearer than you buy

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

Long on Deribit 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: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SNDK_USDC-PERPETUAL	1,758.9	−0.0040	get 0.0005% / 1h	51m 09s	$51K	$351K	10x
Short	Paradex SNDK-USD-PERP	1,759	0.0050	get 0.0050% / 8h	51m 09s	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Deribit. 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 DeribitbpFee ParadexbpOrdersPrice spread, now +0.007%Rate

Funding earned: $18.89
Price spread: +0.007% → 0.000%: $0.65
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Paradex: 2 bp × 2 orders: −$4
Net: $8.54
Costs to cover: 0.110%
Break-even: 3.8 days

Slippage unknown: Deribit: live order book, 52 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 Deribit live order book, 52 min ago	9.38 bp	13.5 bp −$13	18.3 bp −$183	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 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	−0.0320%	8h	1,759.3	+0.026%	$48.3M	$166.4M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,758.8	−0.002%	$3.9M	$4.6M	75x	as long as short
Deribit SNDK_USDC-PERPETUALlong	−0.0040%	1h	1,758.9	long leg	$51K	$351K	10x
Nado SNDK-PERP	−0.0033%	1h	1,759.5	+0.036%	$326K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0014%	8h	1,758.5	−0.020%	$6.0M	$22.3M	20x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,758.7	−0.011%	$1.4M	$10.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,760.2	+0.073%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,759	+0.006%	$279.3M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,759.3	+0.023%	$31.7M	$103.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,759.2	+0.019%	$82.3M	$833.4M	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	1,759.5	+0.039%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,758.9	−0.001%	$177.0M	$228.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.5	−0.020%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,758.8	−0.005%	$21K	$2.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,758.5	−0.020%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,758.9	+0.002%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,758.6	−0.017%	$865	$3.5M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,758.5	−0.020%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,759	+0.007%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,759.3	+0.025%	$740	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,756.5	−0.136%	—	$579K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,760	+0.065%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,759.2	+0.022%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,758.7	−0.008%	$490K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.337%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.4	−0.028%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,759	+0.008%	$242K	$654K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,758.8	−0.003%	$118.8M	$159.1M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,759.1	+0.014%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,757.8	−0.060%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,758.8	−0.002%	$719K	$520K	10x	as long as short
Paradex SNDK-USD-PERPshort	+0.0050%	8h	1,759	+0.007%	—	—	5x
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,758.4	−0.026%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,758.6	−0.016%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,759.1	+0.016%	$197K	$305K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.9	+0.059%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,758.3	−0.034%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,759.6	+0.044%	$431K	$2.2M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,759.1	+0.016%	$126K	$340K	20x	as long as short
edgeX SNDKUSDC	+0.0993%	4h	1,759	+0.007%	$559K	$351K	10x	as long as short