Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0173%/8h= −18.9% APRnext payment −$1.73 per $10,000 · paid last 24h —

Price spread now: BloFin against Paradex+0.079%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 BloFin

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. BloFin is 0.079% dearer against Paradex than usual: you sell high and buy low (spread +0.079% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SNDK-USD-PERP	1,770.8	0.0053	pay 0.0053% / 8h	5h 43m	—	—	5x
Short	BloFin SNDK-USDT	1,772.2	−0.0120	pay 0.0120% / 8h	5h 43m	$4.0M	$4.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.079%Rate

Funding earned: −$36.27
Price spread: +0.079% → 0.000%: $7.87
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$44.4
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; BloFin: 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 BloFin live order book, 3 min ago	0.17 bp	6.2 bp −$6	7.3 bp −$73	11.7 bp −$1,174	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 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	1,771	+0.013%	$168K	$382K	20x	as long as short
BloFin SNDK-USDTshort	−0.0120%	8h	1,772.2	+0.079%	$4.0M	$4.7M	75x
QFEX SNDK-USD	−0.0001%	1h	1,771.3	+0.030%	$1.5M	$9.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,772.1	+0.073%	$21.6M	$32.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,772.3	+0.083%	$283.0M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,772.2	+0.080%	$31.9M	$107.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,772.4	+0.091%	$82.1M	$842.4M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,771.8	+0.060%	$182.6M	$218.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,772.1	+0.076%	$48.0M	$172.3M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,771.1	+0.020%	$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	1,773.1	+0.131%	$276K	$188K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,771.6	+0.045%	$15K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,771.2	+0.024%	$864	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,771.1	+0.016%	$19K	$432K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,771.3	+0.031%	$1.4M	$9.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,772.3	+0.083%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0019%	1h	1,772.5	+0.096%	$677	$38K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,772	+0.071%	$1.3M	$9.7M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,771.4	+0.035%	$397K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.648%	$36	$4K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,771	+0.013%	$269K	$1.4M	10x	as long as short
Nado SNDK-PERP	+0.0045%	1h	1,771.1	+0.017%	$331K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,771.6	+0.048%	—	$574K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,772	+0.069%	$244K	$699K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,771.7	+0.052%	$121.7M	$153.1M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,772.1	+0.074%	$4.5M	$19.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,771.4	+0.035%	$187K	$115K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,771.2	+0.023%	$727K	$525K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,770.7	−0.005%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERPlong	+0.0053%	8h	1,770.8	long leg	—	—	5x
Aevo SNDK-PERP	+0.0080%	1h	1,771.5	+0.038%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,771.6	+0.045%	$199K	$305K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,771.8	+0.059%	$6.1M	$23.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,772.1	+0.076%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,771.5	+0.040%	$8K	$3K	20x	as long as short
GRVT SNDK_USDT_Perp	+0.0148%	8h	1,773.8	+0.171%	$28K	$2.5M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0152%	1h	1,772.4	+0.092%	$445K	$2.2M	10x	as long as short
Lighter SNDK	+0.0168%	1h	1,772.7	+0.108%	$1.8M	$16.7M	20x	as long as short
edgeX SNDKUSDC	+0.0416%	4h	1,771.3	+0.029%	$563K	$340K	10x	as long as short
RISEx SNDK/USDC	+0.0898%	1h	1,773	+0.125%	$146K	$1.5M	20x	as long as short