Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h —

Price spread now: KuCoin against Paradex−0.046%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 KuCoin

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. KuCoin is 0.046% cheaper against Paradex than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.0 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SNDK-USD-PERP	1,790	0.0050	pay 0.0050% / 8h	7h 00m	—	—	5x
Short	KuCoin SNDKUSDTM	1,789.2	0.0100	get 0.0100% / 8h	7h 00m	$6.1M	$21.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.046%Rate

Funding earned: $10.56
Price spread: −0.046% → 0.000%: −$4.57
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$10.01
Costs to cover: 0.160%
Break-even: 13.6 days

Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago	0.92 bp	9.8 bp −$10	35.8 bp −$358	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	1,789.1	−0.048%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.6	−0.021%	$21.8M	$42.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,790.4	+0.019%	$287.3M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790	−0.003%	$32.1M	$99.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,788.9	−0.062%	$86.7M	$832.0M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.4	−0.032%	$182.3M	$236.0M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.3	−0.041%	$47.9M	$164.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.2	−0.044%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,791.4	+0.075%	$21K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,790.9	+0.050%	$279K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SNDK-USD	0.0000%	1h	1,789.3	−0.037%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,787.9	−0.120%	$774	$3.7M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.2	−0.043%	$51K	$328K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.3	−0.040%	$1.5M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789	−0.057%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,789.2	−0.045%	$1.9M	$18.5M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,790.2	+0.009%	$171K	$1.8M	20x	as long as short
Nado SNDK-PERP	+0.0004%	1h	1,790.6	+0.035%	$348K	$1.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0006%	1h	1,790.4	+0.024%	$714	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.1	+0.007%	$1.7M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.9	−0.004%	$1.4M	$9.7M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,790	+0.001%	$455K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.556%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,789.2	−0.043%	$306K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789.4	−0.033%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.3	−0.040%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERPlong	+0.0050%	8h	1,790	long leg	—	—	5x
tradeXYZ xyz:SNDK	+0.0050%	1h	1,789.3	−0.040%	$114.9M	$146.5M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,789.3	−0.040%	$4.8M	$20.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.2	−0.045%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,788.9	−0.061%	$731K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,788.7	−0.073%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.7	−0.072%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,789.6	−0.022%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTMshort	+0.0100%	8h	1,789.2	−0.046%	$6.1M	$21.8M	20x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.1	−0.051%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.4	−0.092%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,792.4	+0.133%	$442K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0164%	4h	1,789.4	−0.033%	$568K	$354K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0660%	1h	1,789.6	−0.021%	$130K	$366K	20x	as long as short