Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h +0.004%
Price spread now: Nado against Bybit−0.133%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 4 days (all we have)−0.067%−$7 on $10k
+Price spread, last 7 days−0.002%$0 · spread now −0.133%, 7d avg +0.006%
=Together, before fees−0.070%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.139% cheaper against Bybit than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SNDKUSDT | 1,744.8 | 0 | get 0.0000% / 8h | 7h 28m | $31.7M | $104.8M | 100x |
| Short | Nado SNDK-PERP | 1,742.5 | −0.0050 | pay 0.0006% / 1h | 28m 14s | $332K | $1.5M | 10x |
Bybit SNDKUSDT
Nado SNDK-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bybit. 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
- −$10.44
- Price spread: −0.133% → +0.006%
- −$13.86
- Slippage, 4 orders
- −$10.01
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$52.32
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; 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 Bybit live order book, 6 min ago | 0.49 bp | 7.9 bp −$8 | 14.7 bp −$147 | 40.3 bp −$4,025 | doesn't fit |
| Sell Nado live order book, 5 min ago | 0.29 bp | 5.4 bp −$5 | 14.5 bp −$145 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | −0.0473% | 8h | 1,744.4 | −0.021% | $22K | $2.2M | 10x | as long as short |
| HTX SNDK-USDT | −0.0348% | 8h | 1,743.9 | −0.054% | $1.4M | $10.6M | 50x | as long as short |
| Bitget SNDKUSDT | −0.0238% | 8h | 1,744.5 | −0.020% | $49.7M | $168.1M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,743.1 | −0.100% | $4.0M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0050% | 8h | 1,744 | −0.046% | $6.0M | $22.6M | 20x | as long as short |
| Nado SNDK-PERPshort | −0.0050% | 1h | 1,742.5 | −0.133% | $332K | $1.5M | 10x | |
| QFEX SNDK-USD | −0.0002% | 1h | 1,743 | −0.107% | $1.4M | $9.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,744.6 | −0.012% | $21.3M | $32.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,745.1 | +0.015% | $279.4M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDTlong | 0.0000% | 8h | 1,744.8 | long leg | $31.7M | $104.8M | 100x |
GRVT SNDK_USDT_Perp
HTX SNDK-USDT
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,744.9 | +0.005% | $81.5M | $822.7M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,744.4 | −0.024% | $135K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,744.3 | −0.032% | $178.1M | $219.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,746.4 | +0.091% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,749 | +0.240% | $272K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,744.4 | −0.023% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,744.2 | −0.038% | $757 | $3.3M | 20x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,745.8 | +0.058% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0006% | 1h | 1,741.4 | −0.196% | — | $585K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0013% | 1h | 1,746 | +0.071% | $764 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,744.6 | −0.011% | $1.7M | $16.4M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,744.6 | −0.011% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,743.1 | −0.099% | $395K | $2.1M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +3.161% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,742.4 | −0.136% | $249K | $1.4M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0047% | 8h | 1,742.4 | −0.139% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,743.2 | −0.092% | $240K | $658K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,743.7 | −0.064% | $118.3M | $159.3M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,744.4 | −0.023% | $4.5M | $19.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,742.4 | −0.138% | $183K | $127K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,742.7 | −0.124% | $713K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,743.6 | −0.069% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,743.8 | −0.057% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,743.2 | −0.091% | $195K | $310K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,745.5 | +0.039% | $67K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,744.1 | −0.040% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,743.6 | −0.068% | $423K | $2.1M | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0272% | 1h | 1,744.5 | −0.020% | $50K | $360K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0286% | 1h | 1,744.4 | −0.026% | $127K | $346K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0713% | 4h | 1,745 | +0.011% | $554K | $352K | 10x | as long as short |
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Phemex SNDKUSDT
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Deribit SNDK_USDC-PERPETUAL
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC