Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h +0.004%

Price spread now: Bitget against Nado−0.027%7-day average −0.010% · 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−$30as in the Price arb table

costs, in and out, $10k−$280.285% of the position

Long on Nado Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.061%+$6 on $10k

Price spread, last 7 days+0.017%+$2 · spread now −0.027%, 7d avg −0.010%

Together, before fees+0.078%+ Points / potential airdropNado: Active · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.061%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SNDK-PERP	1,770.6	0.0073	pay 0.0009% / 1h	12m 15s	$309K	$1.4M	10x
Short	Bitget SNDKUSDT	1,770.2	0	get 0.0000% / 8h	2h 12m	$49.6M	$171.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Nado. 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 NadobpFee BitgetbpOrdersPrice spread, now −0.027%Rate

Funding earned: −$15.26
Price spread: −0.027% → −0.010%: −$1.7
Slippage, 4 orders: −$9.46
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$45.42
Costs to cover: 0.285%
Break-even: never at this rate

Slippage from Nado: live order book, 1 min ago; Bitget: live order book, 7 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 Nado live order book, 1 min ago	0.28 bp	7.1 bp −$7	24.9 bp −$249	doesn't fit	doesn't fit
Sell Bitget live order book, 7 min ago	0.23 bp	7.1 bp −$7	13.0 bp −$130	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
Deribit SNDK_USDC-PERPETUAL	−0.0196%	1h	1,770.2	−0.022%	$49K	$230K	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,769.9	−0.041%	$4.2M	$4.5M	75x	as long as short
Arcus SNDK-USD	−0.0085%	1h	1,769.7	−0.051%	$282K	$1.7M	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,769.1	−0.087%	$276K	$195K	15x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,770.2	−0.026%	$2.2M	$21.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,770.5	−0.011%	$21.8M	$39.8M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,770	−0.037%	$286.8M	$1.90B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,770.3	−0.017%	$31.6M	$105.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,769.9	−0.042%	$87.8M	$847.2M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,770.9	+0.012%	$162K	$1.8M	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	1,770.2	−0.027%	$183.4M	$245.0M	75x	as long as short
Bitget SNDKUSDTshort	0.0000%	8h	1,770.2	−0.027%	$49.6M	$171.3M	75x
Variational Omni SNDK	0.0000%	8h	1,769.3	−0.077%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,769.2	−0.082%	$10K	$1.0M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,770.2	−0.022%	$14K	$294K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,769.7	−0.054%	$825	$4.0M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,769.5	−0.064%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,770	−0.034%	$2.8M	$944K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,769.7	−0.052%	$681	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,771.1	+0.026%	$1.5M	$16.5M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,770.5	−0.005%	$1.4M	$10.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,770.4	−0.012%	$410K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.656%	$36	$19K	12x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0040%	1h	1,770.3	−0.021%	$434K	$2.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0042%	1h	1,769.7	−0.052%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,770.4	−0.013%	$244K	$679K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,770.5	−0.008%	$112.0M	$151.8M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,769.9	−0.042%	$4.5M	$20.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,770.4	−0.013%	$196K	$185K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,770	−0.035%	$724K	$547K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,769.8	−0.047%	$1.4M	$4.8M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,770.3	−0.018%	—	—	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0070%	1h	1,770.8	+0.008%	$128K	$414K	20x	as long as short
Nado SNDK-PERPlong	+0.0073%	1h	1,770.6	long leg	$309K	$1.4M	10x
Aevo SNDK-PERP	+0.0080%	1h	1,770.2	−0.024%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,770.2	−0.025%	$213K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,769.3	−0.077%	$6.0M	$22.7M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,769.7	−0.052%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,769.6	−0.059%	$8K	$2K	20x	as long as short
edgeX SNDKUSDC	+0.0283%	4h	1,769.4	−0.069%	$562K	$356K	10x	as long as short