Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0058%/8h= −6.3% APRpaid last 24h —

Price spread now: Coinbase International against Paradex+0.062%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 Coinbase International

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. Coinbase International is 0.062% dearer against Paradex than usual: you sell high and buy low (spread +0.062% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SNDK-USD-PERP	1,779.1	0.0050	pay 0.0050% / 8h	3h 41m	—	—	5x
Short	Coinbase International SNDK-PERP-INTX	1,780.2	−0.0008	pay 0.0001% / 1h	41m 43s	$433K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$12.13
Price spread: +0.062% → 0.000%: $6.21
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$19.92
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago	2.44 bp	7.9 bp −$8	13.0 bp −$130	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
BloFin SNDK-USDT	−0.0120%	8h	1,779.6	+0.026%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0101%	1h	1,779.9	+0.045%	$4.8M	$19.9M	10x	as long as short
KuCoin SNDKUSDTM	−0.0042%	8h	1,780.9	+0.100%	$6.1M	$22.1M	20x	as long as short
Nado SNDK-PERP	−0.0041%	1h	1,779.8	+0.038%	$346K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,779.7	+0.033%	$1.4M	$12.2M	10x	as long as short
Coinbase International SNDK-PERP-INTXshort	−0.0008%	1h	1,780.2	+0.062%	$433K	$2.3M	10x
Aster SNDKUSD1	0.0000%	8h	1,781.3	+0.125%	$21.8M	$33.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,779	−0.006%	$283.4M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,779.9	+0.045%	$32.4M	$101.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,779.2	+0.005%	$83.5M	$824.3M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,780.1	+0.058%	$170K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,779.4	+0.017%	$179.2M	$229.1M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,780.1	+0.057%	$43.8M	$162.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,782.2	+0.175%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,780.4	+0.072%	$17K	$1.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,782.2	+0.174%	$278K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,780.9	+0.101%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,779.3	+0.012%	$737	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,781.2	+0.116%	$51K	$346K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,779	−0.008%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,780.8	+0.098%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0006%	1h	1,781.5	+0.136%	$663	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,780	+0.048%	$1.7M	$15.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.2	+0.006%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,780.5	+0.080%	$435K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.172%	$36	$9K	12x	as long as short
edgeX SNDKUSDC	+0.0036%	4h	1,782	+0.164%	$566K	$353K	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,779.8	+0.039%	$265K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.5	−0.034%	—	$580K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,780.7	+0.090%	$245K	$650K	20x	as long as short
Paradex SNDK-USD-PERPlong	+0.0050%	8h	1,779.1	long leg	—	—	5x
tradeXYZ xyz:SNDK	+0.0050%	1h	1,779.2	+0.005%	$117.5M	$150.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,780.5	+0.078%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,779.7	+0.034%	$727K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778.7	−0.023%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,780.4	+0.072%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,779.8	+0.040%	$198K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,780.6	+0.086%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,780.1	+0.056%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,781.4	+0.126%	$130K	$352K	20x	as long as short