Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0056%/8h= −6.2% APRpaid last 24h —

Price spread now: Deribit against Paradex−0.017%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Deribit

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	Paradex SNDK-USD-PERP	1,767.7	0.0052	pay 0.0052% / 8h	5h 26m	—	—	5x
Short	Deribit SNDK_USDC-PERPETUAL	1,767.4	−0.0005	pay 0.0001% / 1h	26m 35s	$19K	$446K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$11.84
Price spread: −0.017% → 0.000%: −$1.68
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$24.52
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Deribit: live order book, 20 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 Deribit live order book, 20 min ago	5.00 bp	15.5 bp −$15	16.9 bp −$169	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 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	1,767.3	−0.025%	$167K	$379K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,768.3	+0.032%	$4.0M	$4.7M	75x	as long as short
Deribit SNDK_USDC-PERPETUALshort	−0.0005%	1h	1,767.4	−0.017%	$19K	$446K	10x
QFEX SNDK-USD	−0.0001%	1h	1,767.6	−0.004%	$1.5M	$9.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,768.6	+0.049%	$21.6M	$32.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,768.3	+0.036%	$281.9M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,768.5	+0.043%	$31.5M	$107.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,768.2	+0.028%	$80.9M	$840.4M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,767.9	+0.011%	$182.3M	$220.2M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,768.1	+0.023%	$50.0M	$172.0M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,767.9	+0.012%	$2.7M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,768.1	+0.025%	$19K	$2.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,767.7	0.000%	$275K	$188K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,768.3	+0.034%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,767.1	−0.033%	$779	$3.1M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,767.6	−0.003%	$1.4M	$9.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,768.4	+0.038%	$2.8M	$1.2M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0021%	1h	1,768.1	+0.024%	$676	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,768.2	+0.028%	$1.2M	$9.7M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,767.5	−0.013%	$413K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.825%	$36	$4K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,767.3	−0.024%	$269K	$1.3M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,767.5	−0.011%	—	$574K	10x	as long as short
Nado SNDK-PERP	+0.0047%	1h	1,768.1	+0.022%	$325K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,768.2	+0.028%	$243K	$698K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,768.4	+0.040%	$121.6M	$152.7M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,767.7	0.000%	$4.5M	$19.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,767.7	0.000%	$187K	$131K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,768	+0.017%	$725K	$522K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768	+0.017%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERPlong	+0.0052%	8h	1,767.7	long leg	—	—	5x
Aevo SNDK-PERP	+0.0080%	1h	1,767.8	+0.005%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,768.3	+0.037%	$193K	$310K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,767.4	−0.020%	$6.1M	$23.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,769.3	+0.092%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,767.5	−0.010%	$8K	$3K	20x	as long as short
Lighter SNDK	+0.0128%	1h	1,768.8	+0.063%	$1.8M	$16.8M	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0152%	1h	1,768.9	+0.066%	$451K	$2.2M	10x	as long as short
edgeX SNDKUSDC	+0.0570%	4h	1,767.5	−0.011%	$562K	$340K	10x	as long as short
RISEx SNDK/USDC	+0.0898%	1h	1,769.5	+0.105%	$146K	$1.5M	20x	as long as short