Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0155%/8h= +17.0% APRpaid last 24h +0.027%

Price spread now: Nado against Bitget+0.060%7-day average +0.013% · 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−$25as in the Price arb table

costs, in and out, $10k−$290.294% of the position

Long on Bitget Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.034%−$3 on $10k

Price spread, last 7 days−0.231%−$23 · spread now +0.060%, 7d avg +0.013%

Together, before fees−0.266%+ Points / potential airdropNado: Active · farm board−$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Nado is 0.047% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SNDKUSDT	1,757.9	−0.0142	get 0.0142% / 8h	7h 00m	$49.5M	$168.1M	75x
Short	Nado SNDK-PERP	1,759	0.0013	get 0.0002% / 1h	0m 59s	$336K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Bitget. 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 BitgetbpFee NadobpOrdersPrice spread, now +0.060%Rate

Funding earned: $32.63
Price spread: +0.060% → +0.013%: $4.69
Slippage, 4 orders: −$10.36
Fee Bitget: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $7.96
Costs to cover: 0.294%
Break-even: 5.3 days

Slippage from Bitget: live order book, 3 min ago; Nado: live order book, 3 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 Bitget live order book, 3 min ago	0.43 bp	8.3 bp −$8	13.2 bp −$132	doesn't fit	doesn't fit
Sell Nado live order book, 3 min ago	0.28 bp	6.2 bp −$6	14.4 bp −$144	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 SNDKUSDTlong	−0.0142%	8h	1,757.9	long leg	$49.5M	$168.1M	75x
BloFin SNDK-USDT	−0.0120%	8h	1,758.3	+0.023%	$3.9M	$4.6M	75x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,759.7	+0.100%	$1.4M	$9.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,758.6	+0.038%	$21.4M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,758.1	+0.011%	$279.3M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,758.3	+0.023%	$31.8M	$105.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,758.2	+0.016%	$82.2M	$825.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,759	+0.060%	$136K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,758.4	+0.029%	$180.2M	$222.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.4	+0.027%	$2.5M	$4.8M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,758.7	+0.047%	$21K	$2.3M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,757.5	−0.024%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,759.4	+0.084%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,759.9	+0.110%	$987	$3.2M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,759.5	+0.092%	$51K	$358K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,758	+0.006%	$1.4M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,758.9	+0.057%	$2.8M	$1.1M	50x	as long as short
Nado SNDK-PERPshort	+0.0013%	1h	1,759	+0.060%	$336K	$1.5M	10x
Aftermath Perps SNDKUSD	+0.0015%	1h	1,758.2	+0.014%	$672	$38K	5x	as long as short
KuCoin SNDKUSDTM	+0.0017%	8h	1,758.2	+0.014%	$6.0M	$22.6M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,759.8	+0.106%	$1.7M	$16.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,759	+0.061%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,757.2	−0.040%	$390K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.391%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.9	+0.058%	$270K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0040%	1h	1,759.2	+0.075%	—	$573K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,760.1	+0.124%	$242K	$666K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,758.2	+0.016%	$119.3M	$159.3M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,758.6	+0.039%	$4.5M	$19.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,759.4	+0.084%	$186K	$130K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,757.6	−0.018%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,759	+0.064%	—	—	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,759.1	+0.064%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,759.4	+0.087%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.6	+0.097%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,759	+0.064%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,758.7	+0.045%	$440K	$2.1M	10x	as long as short
SoDEX SNDK-USD	+0.0138%	1h	1,759.2	+0.073%	$719K	$515K	10x	as long as short
edgeX SNDKUSDC	+0.0256%	4h	1,759.1	+0.065%	$559K	$349K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0284%	1h	1,760.1	+0.125%	$128K	$336K	20x	as long as short