Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0356%/8h= +38.9% APRnext payment +$0.44 per $10,000 · paid last 24h +0.070%
Price spread now: Kraken Futures against Nado+0.002%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$420.420% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.329%+$33 on $10k
Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.002%, 7d avg −0.026%
Together, before fees+0.232%+ Points / potential airdropNado: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Kraken Futures is 0.028% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SNDK-PERP1,760.70.0045pay 0.0006% / 1h53m 28s$328K$1.5M10x
ShortKraken Futures PF_SNDKUSD1,760.70.0401get 0.0050% / 1h53m 28s$127K$347K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
$74.67
Price spread: +0.002% → −0.026%
$2.81
Slippage, 4 orders
−$25.02
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$35.45
Costs to cover
0.420%
Break-even
3.7 days
Slippage from Nado: live order book, 5 min ago; Kraken Futures: live order book, 54 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 5 min ago0.28 bp6.2 bp −$618.7 bp −$187doesn't fitdoesn't fit
Sell Kraken Futures live order book, 54 min ago2.83 bp18.0 bp −$1844.4 bp −$444doesn't fitdoesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT−0.0238%8h1,761.7+0.058%$47.3M$165.4M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,762.1+0.080%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0016%8h1,762.1+0.082%$6.0M$22.2M20xas long as short
QFEX SNDK-USD−0.0008%1h1,761.5+0.044%$1.4M$10.6M10xas long as short
Aster SNDKUSD10.0000%8h1,763+0.135%$21.5M$33.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,762.2+0.085%$279.9M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,762.2+0.087%$31.7M$103.5M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,762.1+0.081%$82.2M$833.6M75xas long as short
RISEx SNDK/USDC0.0000%1h1,762.4+0.095%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,761.8+0.062%$176.7M$230.0M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,761.3+0.036%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,761.9+0.072%$12K$1.9M10xas long as short
Phoenix SNDK0.0000%1h1,761.2+0.030%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,762+0.076%$14K$286K10xas long as short
SunX SNDK-USDT0.0000%8h1,759.7−0.055%$1K$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,761.2+0.032%$51K$350K10xas long as short
HTX SNDK-USDT0.0000%8h1,760.6−0.005%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,761.1+0.023%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,763.6+0.166%$656$38K5xas long as short
Vest SNDK-USD-PERP+0.0017%1h1,759.2−0.085%$581K10xas long as short
Lighter RH SNDK+0.0032%1h1,761.7+0.060%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,762.3+0.091%$491K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.231%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,761.4+0.038%$255K$1.5M10xas long as short
Nado SNDK-PERPlong+0.0045%1h1,760.7long leg$328K$1.5M10x
Popdex SNDKUSDT+0.0048%1h1,762+0.075%$242K$675K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,761.8+0.064%$118.6M$158.4M10xas long as short
Entropy io:SNDK+0.0050%1h1,762.1+0.081%$4.7M$19.7M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,761.1+0.024%$184K$131K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,760.8+0.004%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,760.9+0.013%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,760.5−0.010%$1.4M$5.1M5xas long as short
Lighter SNDK+0.0056%1h1,762+0.075%$1.8M$16.2M20xas long as short
Aevo SNDK-PERP+0.0080%1h1,760.6−0.003%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,761.4+0.043%$196K$303K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,763.9+0.184%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,760.7+0.002%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,766.2+0.314%$432K$2.3M10xas long as short
edgeX SNDKUSDC+0.0309%4h1,761.9+0.070%$560K$352K10xas long as short
Kraken Futures PF_SNDKUSDshort+0.0401%1h1,760.7+0.002%$127K$347K20x