Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h —

Price spread now: Paradex against Extended−0.043%7-day average — · you buy dearer than you sell

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

Long on Extended 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 airdropExtended: Active · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.043% cheaper against Extended than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 6.8 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	Extended SNDK_24_5-USD	1,774.7	0.0032	pay 0.0004% / 1h	49m 39s	$432K	$2.4M	10x
Short	Paradex SNDK-USD-PERP	1,773.9	0.0053	get 0.0053% / 8h	5h 49m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Extended. 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 ExtendedbpFee ParadexbpOrdersPrice spread, now −0.043%Rate

Funding earned: $4.44
Price spread: −0.043% → 0.000%: −$4.28
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$8.84
Costs to cover: 0.090%
Break-even: 20.9 days

Slippage unknown: Extended: live order book, 2 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 Extended live order book, 2 min ago	1.13 bp	5.2 bp −$5	16.6 bp −$166	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 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	−0.0258%	1h	1,773.5	−0.067%	$168K	$385K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,774.8	+0.004%	$4.0M	$4.7M	75x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,773.9	−0.045%	$1.4M	$9.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,774.8	+0.006%	$21.6M	$32.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,774.3	−0.020%	$282.9M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,774.6	−0.006%	$31.5M	$106.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,774.3	−0.023%	$82.6M	$841.9M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,774.2	−0.026%	$182.4M	$218.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,774.3	−0.020%	$49.9M	$171.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,774.4	−0.018%	$2.7M	$4.7M	—	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,774.7	0.000%	$276K	$188K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,774.4	−0.016%	$15K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,774.2	−0.030%	$983	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,773.7	−0.058%	$20K	$425K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,773.8	−0.052%	$1.4M	$9.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,774.9	+0.011%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0018%	1h	1,775.4	+0.038%	$684	$38K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,774.5	−0.011%	$1.3M	$9.7M	10x	as long as short
Extended SNDK_24_5-USDlong	+0.0032%	1h	1,774.7	long leg	$432K	$2.4M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.423%	$36	$4K	12x	as long as short
Nado SNDK-PERP	+0.0037%	1h	1,774.5	−0.011%	$331K	$1.5M	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,773.5	−0.069%	$272K	$1.3M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,774.6	−0.006%	—	$574K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,774.5	−0.011%	$244K	$700K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,774.2	−0.028%	$121.7M	$152.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,774.3	−0.023%	$4.5M	$19.1M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,773.9	−0.045%	$187K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,774.3	−0.020%	$728K	$525K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,773.8	−0.051%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERPshort	+0.0053%	8h	1,773.9	−0.043%	—	—	5x
Aevo SNDK-PERP	+0.0080%	1h	1,773.9	−0.042%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,774	−0.039%	$199K	$305K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,773.8	−0.050%	$6.1M	$23.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,775.3	+0.034%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,773.7	−0.056%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0152%	1h	1,776.1	+0.078%	$448K	$2.2M	10x	as long as short
Lighter SNDK	+0.0160%	1h	1,775.2	+0.029%	$1.8M	$16.7M	20x	as long as short
GRVT SNDK_USDT_Perp	+0.0167%	8h	1,774.8	+0.005%	$24K	$2.4M	10x	as long as short
edgeX SNDKUSDC	+0.0752%	4h	1,774.4	−0.015%	$564K	$339K	10x	as long as short
RISEx SNDK/USDC	+0.0898%	1h	1,775.6	+0.049%	$146K	$1.5M	20x	as long as short