Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h —

Price spread now: Paradex against tradeXYZ−0.078%7-day average — · you buy dearer than you sell

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

Long on tradeXYZ 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 airdroptradeXYZ: Active · Paradex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.078% cheaper against tradeXYZ than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SNDK	1,762.5	0.0050	pay 0.0006% / 1h	49m 04s	$122.5M	$151.4M	10x
Short	Paradex SNDK-USD-PERP	1,761.1	0.0051	get 0.0051% / 8h	4h 49m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against tradeXYZ. 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 tradeXYZbpFee ParadexbpOrdersPrice spread, now −0.078%Rate

Funding earned: $0.17
Price spread: −0.078% → 0.000%: −$7.81
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$29.64
Costs to cover: 0.220%
Break-even: 1236.7 days

Slippage unknown: tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago	0.28 bp	9.3 bp −$9	9.4 bp −$94	13.8 bp −$1,377	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	−0.0127%	1h	1,760.5	−0.112%	$166K	$378K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762.7	+0.012%	$3.9M	$4.7M	75x	as long as short
Entropy io:SNDK	−0.0002%	1h	1,763.2	+0.040%	$4.5M	$19.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.8	+0.018%	$21.5M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,762.7	+0.014%	$280.7M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.7	+0.009%	$31.4M	$107.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,763.1	+0.034%	$78.9M	$841.9M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,763.3	+0.048%	$146K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,762.6	+0.005%	$180.6M	$210.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,762.9	+0.025%	$48.5M	$172.3M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,765.2	+0.154%	$2.7M	$4.4M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,765.9	+0.191%	$22K	$2.6M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762.1	−0.023%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,762	−0.026%	$899	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.4	−0.065%	$19K	$447K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.4	−0.065%	$1.5M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.7	+0.012%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0004%	1h	1,761.5	−0.057%	$1.5M	$9.3M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0023%	1h	1,765.6	+0.178%	$675	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.6	+0.008%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.5	−0.054%	$419K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.125%	$36	$4K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,761	−0.086%	$255K	$1.4M	10x	as long as short
Phoenix SNDK	+0.0045%	1h	1,761.4	−0.062%	$274K	$178K	15x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,761.4	−0.061%	—	$570K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.6	+0.006%	$243K	$697K	20x	as long as short
tradeXYZ xyz:SNDKlong	+0.0050%	1h	1,762.5	long leg	$122.5M	$151.4M	10x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,761.5	−0.057%	$193K	$165K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,762	−0.029%	$722K	$529K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.2	−0.074%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERPshort	+0.0051%	8h	1,761.1	−0.078%	—	—	5x
Nado SNDK-PERP	+0.0068%	1h	1,761.5	−0.054%	$321K	$1.5M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,760.9	−0.093%	$1K	—	10x	as long as short
Lighter SNDK	+0.0096%	1h	1,763.5	+0.059%	$1.8M	$16.5M	20x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.2	−0.073%	$192K	$305K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,762.5	+0.001%	$6.1M	$23.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,766	+0.201%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,760.5	−0.111%	$9K	$6K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0176%	1h	1,761.9	−0.036%	$446K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0296%	4h	1,765.3	+0.161%	$561K	$338K	10x	as long as short