Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0006%/8h= −0.6% APRpaid last 24h +0.006%

Price spread now: Nado against Binance+0.054%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$240.237% of the position

Long on Binance Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.074%−$7 on $10k

Price spread, last 7 days−0.226%−$23 · spread now +0.054%, 7d avg −0.004%

Together, before fees−0.301%+ Points / potential airdropNado: Active · farm board−$30 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.059% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SNDKUSDT	1,759.6	0	get 0.0000% / 8h	2h 30m	$279.5M	$1.84B	75x
Short	Nado SNDK-PERP	1,760.5	−0.0006	pay 0.0001% / 1h	30m 03s	$333K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Binance. 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 BinancebpFee NadobpOrdersPrice spread, now +0.054%Rate

Funding earned: −$1.16
Price spread: +0.054% → −0.004%: $5.89
Slippage, 4 orders: −$6.72
Fee Binance: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$19
Costs to cover: 0.237%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; Nado: live order book, 4 min ago.

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 Binance live order book, 14 min ago	0.03 bp	5.2 bp −$5	6.1 bp −$61	13.8 bp −$1,379	doesn't fit
Sell Nado live order book, 4 min ago	0.28 bp	6.8 bp −$7	19.5 bp −$195	doesn't fit	doesn't fit

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
Bitget SNDKUSDT	−0.0230%	8h	1,760.9	+0.073%	$44.5M	$162.0M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,759.5	−0.005%	$4.0M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0045%	8h	1,760.1	+0.030%	$6.0M	$22.1M	20x	as long as short
Entropy io:SNDK	−0.0014%	1h	1,760.2	+0.035%	$4.7M	$19.8M	10x	as long as short
Nado SNDK-PERPshort	−0.0006%	1h	1,760.5	+0.054%	$333K	$1.5M	10x
QFEX SNDK-USD	−0.0004%	1h	1,760.8	+0.067%	$1.4M	$10.8M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,760.3	+0.038%	$21.5M	$33.5M	20x	as long as short
Binance SNDKUSDTlong	0.0000%	8h	1,759.6	long leg	$279.5M	$1.84B	75x
Bybit SNDKUSDT	0.0000%	8h	1,760	+0.023%	$31.6M	$103.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,759.7	+0.007%	$81.7M	$826.8M	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	1,762.1	+0.143%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,760.3	+0.042%	$175.8M	$230.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.8	−0.047%	$2.5M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,756.5	−0.175%	$15K	$1.7M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,759.2	−0.022%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,760.9	+0.076%	$14K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,760.9	+0.075%	$1K	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,760.8	+0.070%	$51K	$347K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,760.7	+0.062%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,761.4	+0.102%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0009%	1h	1,758	−0.093%	—	$584K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,761.2	+0.091%	$655	$37K	5x	as long as short
Pacifica SNDK	+0.0024%	1h	1,761.3	+0.096%	$196K	$304K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,761.2	+0.090%	$1.3M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,760.3	+0.044%	$423K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.295%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.9	−0.041%	$262K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.2	+0.092%	$243K	$656K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,760.9	+0.074%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,760.3	+0.041%	$117.4M	$156.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760.2	+0.035%	$184K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,760	+0.022%	$720K	$513K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,760	+0.024%	$1.3M	$5.1M	5x	as long as short
Lighter SNDK	+0.0072%	1h	1,761.7	+0.122%	$1.7M	$16.1M	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,757.5	−0.116%	$433K	$2.3M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,760.6	+0.057%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,756.4	−0.180%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,759.9	+0.015%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,761.4	+0.104%	$127K	$354K	20x	as long as short
edgeX SNDKUSDC	+0.0180%	4h	1,757.2	−0.133%	$558K	$353K	10x	as long as short