SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0162%/8h= −17.7% APRnext payment −$0.20 per $10,000 · paid last 24h −0.013%

Price spread now: Deribit against Nado−0.112%7-day average −0.033% · 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−$48as in the Price arb table

costs, in and out, $10k−$400.403% of the position

Long on Nado Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.012%−$1 on $10k

Price spread, last 3 days (all we have)+0.056%+$6 · spread now −0.112%, 7d avg −0.033%

Together, before fees+0.043%+ Points / potential airdropNado: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Deribit is 0.079% cheaper against Nado than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.033%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SNDK-PERP	1,787.5	−0.0014	get 0.0002% / 1h	53m 05s	$359K	$1.4M	10x
Short	Deribit SNDK_USDC-PERPETUAL	1,785.5	−0.0175	pay 0.0022% / 1h	53m 05s	$51K	$332K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.112%Rate

Funding earned: −$33.94
Price spread: −0.112% → −0.033%: −$7.9
Slippage, 4 orders: −$26.27
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$82.11
Costs to cover: 0.403%
Break-even: never at this rate

Slippage from Nado: live order book, just now; Deribit: live order book, 11 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, just now	0.28 bp	6.1 bp −$6	12.0 bp −$120	doesn't fit	doesn't fit
Sell Deribit live order book, 11 min ago	7.42 bp	16.6 bp −$17	20.1 bp −$201	doesn't fit	doesn't fit

SNDK on 39 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-PERPETUALshort	−0.0175%	1h	1,785.5	−0.112%	$51K	$332K	10x
Phoenix SNDK	−0.0090%	1h	1,784.5	−0.169%	$278K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,786.1	−0.078%	$1.6M	$15.2M	10x	as long as short
Nado SNDK-PERPlong	−0.0014%	1h	1,787.5	long leg	$359K	$1.4M	10x
Aster SNDKUSD1	0.0000%	8h	1,785.9	−0.092%	$21.8M	$37.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,786.2	−0.075%	$285.8M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,786.5	−0.058%	$32.1M	$99.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,786.3	−0.069%	$85.4M	$822.3M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,787.4	−0.005%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,786.1	−0.078%	$180.2M	$230.4M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,785.7	−0.104%	$43.8M	$163.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.7	−0.158%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.3	−0.124%	$11K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786	−0.086%	$15K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,784.9	−0.148%	$859	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,785.2	−0.131%	$1.4M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,785.7	−0.103%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,785.5	−0.112%	$664	$37K	5x	as long as short
Entropy io:SNDK	+0.0006%	1h	1,785.6	−0.108%	$4.9M	$20.3M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,786.2	−0.074%	$436K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,786.9	−0.035%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,786.4	−0.065%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.5	−0.056%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.695%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.3	−0.181%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.7	−0.104%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,786.5	−0.058%	$246K	$644K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,786.7	−0.044%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,786	−0.086%	$114.5M	$145.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,786.3	−0.069%	$187K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,785.5	−0.116%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.1	−0.080%	$1.4M	$5.0M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,786.4	−0.066%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785.3	−0.123%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,786.4	−0.065%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.4	−0.119%	$6.1M	$21.7M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,785.8	−0.094%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.1	−0.136%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0735%	4h	1,785.1	−0.138%	$567K	$352K	10x	as long as short