Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0168%/8h= +18.4% APRnext payment +$1.68 per $10,000 · paid last 24h —

Price spread now: Paradex against BloFin+0.027%93s7-day average — · you sell dearer than you buy

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

Long on BloFin 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

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Paradex is 0.027% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SNDK-USDT	1,785.5	−0.0120	get 0.0120% / 8h	5h 25m	$4.1M	$4.4M	75x
Short	Paradex SNDK-USD-PERP	1,786	0.0048	get 0.0048% / 8h	5h 25m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against BloFin. 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 BloFinbpFee ParadexbpOrdersPrice spread, now +0.027%Rate

Funding earned: $35.38
Price spread: +0.027% → 0.000%: $2.73
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: $22.1
Costs to cover: 0.160%
Break-even: 2.6 days

Slippage unknown: BloFin: live order book, 3 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 BloFin live order book, 3 min ago	0.03 bp	6.0 bp −$6	6.5 bp −$65	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
BloFin SNDK-USDTlong	−0.0120%	8h	1,785.5	long leg	$4.1M	$4.4M	75x
Phoenix SNDK	−0.0090%	1h	1,786.2	+0.039%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0055%	1h	1,786.5	+0.056%	$4.9M	$20.3M	10x	as long as short
Nado SNDK-PERP	−0.0040%	1h	1,786.9	+0.078%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,785.9	+0.020%	$1.5M	$14.6M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0002%	1h	1,786.1	+0.032%	$51K	$338K	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.3	+0.044%	$21.8M	$37.0M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,786.5	+0.054%	$285.4M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,786.5	+0.055%	$32.1M	$99.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,786.6	+0.062%	$85.1M	$822.4M	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	1,787.4	+0.104%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,786.4	+0.049%	$180.2M	$230.9M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,786.1	+0.032%	$43.8M	$161.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,785.9	+0.023%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.2	+0.040%	$10K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786	+0.028%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.3	−0.011%	$850	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,785.9	+0.022%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.7	+0.069%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,787	+0.085%	$665	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0021%	1h	1,786	+0.028%	$114.5M	$145.7M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	+0.011%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,787.4	+0.104%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,787	+0.083%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.5	+0.054%	$456K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.810%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,785.1	−0.022%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.7	+0.008%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,786.1	+0.034%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERPshort	+0.0048%	8h	1,786	+0.027%	—	—	5x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.8	+0.017%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,786.4	+0.051%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.5	+0.056%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,786.6	+0.064%	$130K	$352K	20x	as long as short
KuCoin SNDKUSDTM	+0.0074%	8h	1,785.8	+0.017%	$6.1M	$21.8M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785.7	+0.013%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,786.4	+0.049%	$199K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,788.4	+0.160%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.8	+0.018%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0780%	4h	1,786.5	+0.057%	$567K	$351K	10x	as long as short