Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h —

Price spread now: Arcus against Paradex+0.041%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 Arcus

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 pays, funding is against you. Arcus is 0.041% dearer against Paradex than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SNDK-USD-PERP	1,786.9	0.0050	pay 0.0050% / 8h	6h 56m	—	—	5x
Short	Arcus SNDK-USD	1,787.7	0.0040	get 0.0005% / 1h	56m 19s	$306K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 ArcusbpOrdersPrice spread, now +0.041%Rate

Funding earned: −$1.95
Price spread: +0.041% → 0.000%: $4.1
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$6.34
Costs to cover: 0.085%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Arcus: 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 Arcus live order book, 3 min ago	1.03 bp	5.9 bp −$6	13.2 bp −$132	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 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
Deribit SNDK_USDC-PERPETUAL	−0.0265%	1h	1,786.8	−0.010%	$51K	$328K	10x	as long as short
Entropy io:SNDK	−0.0234%	1h	1,788.3	+0.076%	$4.9M	$20.5M	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,786.8	−0.007%	$4.1M	$4.5M	75x	as long as short
tradeXYZ xyz:SNDK	−0.0075%	1h	1,787	+0.003%	$114.8M	$146.5M	10x	as long as short
Popdex SNDKUSDT	−0.0064%	1h	1,786.6	−0.019%	$246K	$644K	20x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,786.4	−0.033%	$1.9M	$18.1M	10x	as long as short
Nado SNDK-PERP	−0.0017%	1h	1,788.2	+0.073%	$347K	$1.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,788.5	+0.089%	$21.8M	$42.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,787	+0.001%	$286.8M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,787.5	+0.028%	$31.9M	$100.0M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,787.3	+0.020%	$86.6M	$831.3M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,787.1	+0.010%	$182.0M	$230.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,787	+0.002%	$47.7M	$164.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,786.8	−0.009%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,788.6	+0.095%	$10K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,787.8	+0.048%	$278K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,787	+0.003%	$13K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.9	−0.057%	$593	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786.8	−0.008%	$1.5M	$10.3M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.9	−0.001%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,789.3	+0.129%	$746	$37K	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0019%	1h	1,786.8	−0.008%	$1.4M	$5.1M	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,788.2	+0.070%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,787.7	+0.039%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,787.7	+0.040%	$466K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.728%	$36	$9K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,787.7	+0.041%	$306K	$1.6M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,786.9	−0.003%	—	$585K	10x	as long as short
Paradex SNDK-USD-PERPlong	+0.0050%	8h	1,786.9	long leg	—	—	5x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,786.6	−0.019%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,787.1	+0.007%	$731K	$515K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,786.4	−0.030%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,787.2	+0.014%	$440K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,787.2	+0.012%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,788.1	+0.065%	$6.1M	$21.7M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,788.9	+0.108%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.1	−0.046%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0131%	1h	1,787.4	+0.023%	$130K	$366K	20x	as long as short
edgeX SNDKUSDC	+0.0220%	4h	1,788.7	+0.097%	$568K	$351K	10x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,787.6	+0.037%	$171K	$1.8M	20x	as long as short