SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h −0.009%

Price spread now: Nado against Lighter RH−0.009%48s7-day average +0.040% · 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—prices read too far apart to compare

costs, in and out, $10k−$160.161% of the position

Long on Lighter RH Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.070%−$7 on $10k

Price spread, last 7 days−0.136%−$14 · spread now −0.009%, 7d avg +0.040%

Together, before fees−0.206%+ Points / potential airdropLighter RH: Points live · Nado: Active · farm board−$21 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 0.049% cheaper against Lighter RH than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.040%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SNDK	1,762.1	0.0032	pay 0.0004% / 1h	14m 42s	$1.2M	$9.6M	10x
Short	Nado SNDK-PERP	1,761.9	0.0026	get 0.0003% / 1h	14m 42s	$326K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Lighter RH. 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 Lighter RHbpFee NadobpOrdersPrice spread, now −0.009%Rate

Funding earned: −$1.27
Price spread: −0.009% → +0.040%: −$4.91
Slippage, 4 orders: −$9.05
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$22.22
Costs to cover: 0.161%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 4 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 Lighter RH live order book, 4 min ago	1.56 bp	1.8 bp −$2	3.6 bp −$36	doesn't fit	doesn't fit
Sell Nado live order book, 4 min ago	0.28 bp	5.7 bp −$6	18.9 bp −$189	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	−0.0307%	8h	1,762.1	+0.001%	$48.4M	$166.8M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762.2	+0.008%	$3.9M	$4.6M	75x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,760.9	−0.069%	$1.4M	$10.2M	10x	as long as short
KuCoin SNDKUSDTM	−0.0002%	8h	1,762.2	+0.005%	$6.0M	$22.2M	20x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.2	+0.007%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,761.9	−0.009%	$279.7M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762	−0.007%	$31.7M	$103.4M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,761.7	−0.022%	$82.3M	$836.4M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,763	+0.050%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,761.7	−0.022%	$177.4M	$231.5M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,761.9	−0.009%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,763.7	+0.089%	$11K	$2.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,763.8	+0.098%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762	−0.005%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,762.2	+0.009%	$885	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.8	−0.014%	$51K	$351K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.2	−0.048%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.1	+0.002%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,762.6	+0.031%	$656	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0017%	1h	1,759.5	−0.146%	—	$579K	10x	as long as short
Nado SNDK-PERPshort	+0.0026%	1h	1,761.9	−0.009%	$326K	$1.5M	10x
Lighter RH SNDKlong	+0.0032%	1h	1,762.1	long leg	$1.2M	$9.6M	10x
Extended SNDK_24_5-USD	+0.0032%	1h	1,760.8	−0.074%	$491K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.150%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,761.6	−0.029%	$255K	$1.5M	10x	as long as short
Lighter SNDK	+0.0048%	1h	1,762.9	+0.045%	$1.8M	$16.3M	20x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.6	−0.027%	$242K	$668K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,761.8	−0.016%	$118.7M	$159.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,762.2	+0.007%	$4.7M	$19.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,760.7	−0.078%	$185K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,762	−0.007%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,761.4	−0.040%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.5	−0.033%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,761.3	−0.044%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.7	−0.020%	$197K	$304K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,763.4	+0.077%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,761	−0.060%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,761	−0.063%	$431K	$2.3M	10x	as long as short
edgeX SNDKUSDC	+0.0186%	4h	1,763.5	+0.082%	$560K	$353K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0401%	1h	1,761.9	−0.008%	$127K	$345K	20x	as long as short