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: Aster against Paradex+0.042%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Aster

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 · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.042% dearer against Paradex than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SNDK-USD-PERP	1,785	0.0048	pay 0.0048% / 8h	6h 01m	—	—	5x
Short	Aster SNDKUSD1	1,785.7	0	get 0.0000% / 8h	6h 01m	$21.8M	$37.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Paradex. 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 ParadexbpFee AsterbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$10.03
Price spread: +0.042% → 0.000%: $4.21
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$17.83
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Aster: live order book, 3 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell Aster live order book, 3 min ago	1.18 bp	5.9 bp −$6	10.2 bp −$102	doesn't fit	doesn't fit

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	1,784.7	−0.015%	$278K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0033%	1h	1,785.9	+0.054%	$359K	$1.4M	10x	as long as short
Entropy io:SNDK	−0.0028%	1h	1,785	+0.002%	$4.9M	$20.4M	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,784.5	−0.025%	$1.6M	$15.6M	10x	as long as short
tradeXYZ xyz:SNDK	−0.0006%	1h	1,784.3	−0.038%	$114.5M	$145.9M	10x	as long as short
Aster SNDKUSD1short	0.0000%	8h	1,785.7	+0.042%	$21.8M	$37.1M	20x
Binance SNDKUSDT	0.0000%	8h	1,784	−0.055%	$285.4M	$1.81B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,784.9	−0.004%	$32.1M	$99.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,784.2	−0.043%	$85.3M	$821.9M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,784.7	−0.018%	$180.6M	$232.7M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,784.5	−0.027%	$43.8M	$163.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.2	−0.041%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.5	+0.031%	$19K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,784.5	−0.027%	$15K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,783.7	−0.070%	$749	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,785	−0.001%	$51K	$331K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,784.9	−0.007%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,784.6	−0.020%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,785.6	+0.038%	$664	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,785.6	+0.035%	$1.7M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,785.1	+0.009%	$1.4M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,784.6	−0.022%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.840%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784	−0.055%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,784	−0.057%	—	$584K	10x	as long as short
Paradex SNDK-USD-PERPlong	+0.0048%	8h	1,785	long leg	—	—	5x
Popdex SNDKUSDT	+0.0048%	1h	1,784.6	−0.021%	$246K	$644K	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784	−0.054%	$187K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,784.6	−0.020%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.8	−0.010%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,784.2	−0.045%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,784	−0.053%	$436K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,784.9	−0.001%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,784.2	−0.043%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,785.6	+0.037%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,784.2	−0.041%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,785.2	+0.011%	$130K	$355K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,785.7	+0.041%	$170K	$1.8M	20x	as long as short
edgeX SNDKUSDC	+0.0444%	4h	1,785	+0.003%	$567K	$353K	10x	as long as short