Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h —

Price spread now: Paradex against Deribit−0.002%7-day average — · you buy dearer than you sell

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

Long on Deribit 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SNDK_USDC-PERPETUAL	1,767.1	0	get 0.0000% / 1h	15m 03s	$37K	$388K	10x
Short	Paradex SNDK-USD-PERP	1,767	0.0051	get 0.0051% / 8h	6h 15m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Deribit. 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 DeribitbpFee ParadexbpOrdersPrice spread, now −0.002%Rate

Funding earned: $10.81
Price spread: −0.002% → 0.000%: −$0.24
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$0.44
Costs to cover: 0.110%
Break-even: 7.3 days

Slippage unknown: Deribit: live order book, 36 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 Deribit live order book, 36 min ago	4.84 bp	19.0 bp −$19	23.8 bp −$238	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
BloFin SNDK-USDT	−0.0120%	8h	1,766.9	−0.007%	$4.0M	$4.7M	75x	as long as short
Nado SNDK-PERP	−0.0015%	1h	1,767.3	+0.017%	$334K	$1.5M	10x	as long as short
Bitget SNDKUSDT	−0.0010%	8h	1,767.5	+0.023%	$49.9M	$168.3M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,768.1	+0.057%	$21.6M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,767.8	+0.040%	$280.9M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,767.9	+0.049%	$31.6M	$105.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,767.6	+0.031%	$82.5M	$829.1M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,768.9	+0.104%	$137K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,767.4	+0.022%	$181.9M	$219.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,767.1	+0.005%	$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	1,762	−0.286%	$274K	$189K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,767.1	+0.006%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,766.9	−0.011%	$919	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUALlong	0.0000%	1h	1,767.1	long leg	$37K	$388K	10x
HTX SNDK-USDT	0.0000%	8h	1,767.4	+0.019%	$1.4M	$9.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,767.1	+0.004%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	0.0000%	1h	1,767.6	+0.032%	$1.4M	$9.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,764.4	−0.153%	$674	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,767.4	+0.018%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,767	−0.003%	$394K	$2.3M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.862%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,766.8	−0.016%	$271K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,767.6	+0.029%	—	$569K	10x	as long as short
Lighter SNDK	+0.0048%	1h	1,767.9	+0.050%	$1.8M	$16.8M	20x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,768	+0.054%	$246K	$682K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,767.6	+0.031%	$120.6M	$155.2M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,765.2	−0.105%	$4.5M	$19.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,767.3	+0.014%	$186K	$130K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768.1	+0.059%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERPshort	+0.0051%	8h	1,767	−0.002%	—	—	5x
SoDEX SNDK-USD	+0.0075%	1h	1,766.9	−0.009%	$725K	$523K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,766.8	−0.017%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,767.1	+0.003%	$198K	$306K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,766.6	−0.027%	$6.1M	$22.8M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,764.3	−0.158%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,766.6	−0.025%	$8K	$3K	20x	as long as short
GRVT SNDK_USDT_Perp	+0.0119%	8h	1,765.5	−0.085%	$22K	$2.4M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0136%	1h	1,768	+0.054%	$443K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0551%	1h	1,766.6	−0.026%	$160K	$382K	20x	as long as short
edgeX SNDKUSDC	+0.0585%	4h	1,762.5	−0.257%	$560K	$340K	10x	as long as short