Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.53 per $10,000 · paid last 24h —

Price spread now: Paradex against SunX−0.021%7-day average — · you buy dearer than you sell

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

Long on SunX 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

Funding pays, the price is against you. Paradex is 0.021% cheaper against SunX than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 31 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNDK-USDT	1,771.2	0	get 0.0000% / 8h	5h 43m	$685	$3.1M	20x
Short	Paradex SNDK-USD-PERP	1,770.8	0.0053	get 0.0053% / 8h	5h 43m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against SunX. 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 SunXbpFee ParadexbpOrdersPrice spread, now −0.021%Rate

Funding earned: $11.07
Price spread: −0.021% → 0.000%: −$2.06
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$2.98
Costs to cover: 0.120%
Break-even: 8.9 days

Slippage unknown: SunX: live order book, 8 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 SunX live order book, 8 min ago	28.03 bp	32.0 bp −$32	61.1 bp −$611	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 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	−0.0259%	1h	1,770.5	−0.035%	$168K	$383K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,771.9	+0.041%	$4.0M	$4.7M	75x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,771.3	+0.009%	$1.5M	$9.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,772.1	+0.055%	$21.6M	$32.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,772	+0.046%	$282.8M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,772.1	+0.055%	$31.9M	$107.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,772.3	+0.065%	$82.1M	$842.3M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,771.8	+0.039%	$182.6M	$218.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,772	+0.049%	$48.0M	$172.3M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,771.1	0.000%	$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	+0.110%	$276K	$188K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,771.6	+0.025%	$15K	$289K	10x	as long as short
SunX SNDK-USDTlong	0.0000%	8h	1,771.2	long leg	$685	$3.1M	20x
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,770.9	−0.014%	$19K	$431K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,770.6	−0.033%	$1.4M	$9.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,772.2	+0.058%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0019%	1h	1,772.5	+0.075%	$677	$38K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,771.5	+0.021%	$1.3M	$9.7M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,771.4	+0.014%	$397K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.627%	$36	$4K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,771	−0.007%	$269K	$1.4M	10x	as long as short
Nado SNDK-PERP	+0.0045%	1h	1,771.1	−0.003%	$331K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,771.6	+0.027%	—	$574K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,772	+0.048%	$244K	$699K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,771.7	+0.031%	$121.7M	$153.1M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,772.1	+0.054%	$4.5M	$19.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,771.4	+0.014%	$187K	$115K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,771.3	+0.007%	$727K	$525K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,770.7	−0.025%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERPshort	+0.0053%	8h	1,770.8	−0.021%	—	—	5x
Aevo SNDK-PERP	+0.0080%	1h	1,771.5	+0.018%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,771.6	+0.024%	$199K	$305K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,771.8	+0.035%	$6.1M	$23.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,772.1	+0.056%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,771.5	+0.020%	$8K	$3K	20x	as long as short
GRVT SNDK_USDT_Perp	+0.0148%	8h	1,773.8	+0.151%	$28K	$2.5M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0152%	1h	1,772.5	+0.077%	$445K	$2.2M	10x	as long as short
Lighter SNDK	+0.0168%	1h	1,772.7	+0.086%	$1.8M	$16.7M	20x	as long as short
edgeX SNDKUSDC	+0.0416%	4h	1,771.3	+0.008%	$563K	$340K	10x	as long as short
RISEx SNDK/USDC	+0.0898%	1h	1,773	+0.104%	$146K	$1.5M	20x	as long as short