Funding you earn now, next payment 06:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: Nado against Bullet+0.078%7-day average +0.030% · 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−$22as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 3 days (all we have)−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.078%, 7d avg +0.030%
=Together, before fees−0.065%+ Points / potential airdropNado: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.048% dearer against Bullet than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.030%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SNDK-USD | 1,771.6 | 0 | get 0.0000% / 1h | 48m 40s | $15K | $285K | 10x |
| Short | Nado SNDK-PERP | 1,773 | −0.0027 | pay 0.0003% / 1h | 48m 40s | $338K | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bullet. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.71
- Price spread: +0.078% → +0.030%
- $4.8
- Slippage, 4 orders
- −$11.9
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$27.81
- Costs to cover
- 0.269%
- Break-even
- never at this rate
Slippage from Bullet: live order book, just now; Nado: live order book, 5 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 Bullet live order book, just now | 1.70 bp | 7.3 bp −$7 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell Nado live order book, 5 min ago | 0.28 bp | 6.2 bp −$6 | 17.1 bp −$171 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,770.4 | −0.069% | $3.9M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0043% | 8h | 1,770.1 | −0.086% | $6.1M | $22.1M | 20x | as long as short |
| Nado SNDK-PERPshort | −0.0027% | 1h | 1,773 | +0.078% | $338K | $1.5M | 10x | |
| Bitget SNDKUSDT | −0.0014% | 8h | 1,770.7 | −0.052% | $44.6M | $162.8M | 75x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,770.4 | −0.066% | $1.4M | $11.2M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,770.5 | −0.064% | $21.6M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,770.3 | −0.074% | $279.7M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,771 | −0.032% | $31.9M | $102.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,771 | −0.034% | $82.5M | $831.0M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,771.5 | −0.008% | $121K | $1.6M | 20x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,770.6 | −0.056% | $177.9M | $228.5M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,772.2 | +0.035% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,772.5 | +0.052% | $22K | $1.7M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,771.7 | +0.006% | $276K | $193K | 15x | as long as short |
| Bullet SNDK-USDlong | 0.0000% | 1h | 1,771.6 | long leg | $15K | $285K | 10x | |
| SunX SNDK-USDT | 0.0000% | 8h | 1,772.1 | +0.030% | $982 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,771 | −0.036% | $51K | $347K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,770.1 | −0.082% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,770.2 | −0.077% | $2.8M | $1.1M | 50x | as long as short |
| Entropy io:SNDK | 0.0000% | 1h | 1,770.2 | −0.079% | $4.8M | $19.8M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,771 | −0.032% | $659 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0014% | 1h | 1,771.1 | −0.030% | — | $586K | 10x | as long as short |
| Pacifica SNDK | +0.0024% | 1h | 1,770.4 | −0.068% | $197K | $304K | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,771.1 | −0.029% | $1.3M | $9.3M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,771 | −0.033% | $424K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.601% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,770.3 | −0.073% | $263K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,770.1 | −0.085% | $244K | $654K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,770.4 | −0.066% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,770.3 | −0.073% | $117.8M | $154.0M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,771.3 | −0.017% | $185K | $132K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,773.3 | +0.096% | $1.4M | $5.1M | 5x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0072% | 1h | 1,773.7 | +0.120% | $435K | $2.4M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,771.1 | −0.030% | $1K | — | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,772.7 | +0.060% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,770.2 | −0.078% | $8K | $3K | 20x | as long as short |
| Lighter SNDK | +0.0120% | 1h | 1,771.9 | +0.016% | $1.8M | $15.8M | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0121% | 1h | 1,771.9 | +0.019% | $128K | $355K | 20x | as long as short |
| SoDEX SNDK-USD | +0.0480% | 1h | 1,770.6 | −0.054% | $724K | $513K | 10x | as long as short |
| edgeX SNDKUSDC | +0.0742% | 4h | 1,771.1 | −0.029% | $562K | $352K | 10x | as long as short |
Bullet SNDK-USD
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Bitget SNDKUSDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Pacifica SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
Coinbase International SNDK-PERP-INTX
ApeX Omni SNDKUSDT
Lighter SNDK
Kraken Futures PF_SNDKUSD
SoDEX SNDK-USD
edgeX SNDKUSDC