Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0063%/8h= +6.9% APRpaid last 24h —

Price spread now: Paradex against tradeXYZ−0.037%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 pays, the price is against you. Paradex is 0.037% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 47 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	tradeXYZ xyz:SNDK	1,790.4	−0.0014	get 0.0002% / 1h	59m 25s	$114.8M	$145.8M	10x
Short	Paradex SNDK-USD-PERP	1,789.7	0.0049	get 0.0049% / 8h	4h 59m	—	—	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 −0.037%Rate

Funding earned: $13.16
Price spread: −0.037% → 0.000%: −$3.7
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$12.54
Costs to cover: 0.220%
Break-even: 13.7 days

Slippage unknown: tradeXYZ: live order book, 10 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, 10 min ago	0.28 bp	9.6 bp −$10	10.3 bp −$103	14.3 bp −$1,425	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-USDT	−0.0120%	8h	1,789.6	−0.045%	$4.1M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0119%	1h	1,789.8	−0.034%	$4.9M	$20.0M	10x	as long as short
Phoenix SNDK	−0.0090%	1h	1,789.2	−0.067%	$279K	$193K	15x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0074%	1h	1,790.6	+0.013%	$51K	$343K	10x	as long as short
Nado SNDK-PERP	−0.0060%	1h	1,791	+0.033%	$361K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,789.6	−0.046%	$1.5M	$14.3M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.263%	$439K	$2.3M	10x	as long as short
tradeXYZ xyz:SNDKlong	−0.0014%	1h	1,790.4	long leg	$114.8M	$145.8M	10x
Aster SNDKUSD1	0.0000%	8h	1,789.9	−0.025%	$21.8M	$35.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,790.2	−0.009%	$287.2M	$1.80B	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SNDKUSDT	0.0000%	8h	1,790.7	+0.018%	$32.5M	$99.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,790.5	+0.006%	$85.0M	$825.8M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,791	+0.035%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,790.5	+0.007%	$180.1M	$230.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,790.1	−0.015%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789	−0.077%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.8	−0.032%	$14K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,790.3	−0.004%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.5	−0.106%	$955	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.3	−0.064%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.8	−0.032%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,790.3	−0.006%	$666	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,791	+0.036%	$1.7M	$15.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,790.5	+0.006%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,790.9	+0.025%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.534%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.4	−0.109%	$313K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	+0.0041%	8h	1,789.1	−0.075%	$6.1M	$22.1M	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,790.7	+0.016%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.2	−0.013%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,790.1	−0.017%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERPshort	+0.0049%	8h	1,789.7	−0.037%	—	—	5x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,790	−0.022%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,790.2	−0.009%	$732K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.4	−0.056%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.8	−0.032%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,789.9	−0.028%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,790.8	+0.021%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789.7	−0.039%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0360%	4h	1,789	−0.077%	$568K	$353K	10x	as long as short