Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0022%/8h= −2.5% APRpaid last 24h −0.008%

Price spread now: OKX against Nado+0.008%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$240.240% of the position

Long on Nado Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.014%+$1 on $10k

Price spread, last 7 days+0.153%+$15 · spread now +0.008%, 7d avg −0.020%

Together, before fees+0.167%+ Points / potential airdropNado: Active · farm board+$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.028% dearer against Nado than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.020%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SNDK-PERP	1,763.4	0.0022	pay 0.0003% / 1h	19m 18s	$328K	$1.5M	10x
Short	OKX SNDK-USDT-SWAP	1,763.5	0	get 0.0000% / 8h	1h 19m	$82.6M	$837.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.008%Rate

Funding earned: −$4.71
Price spread: +0.008% → −0.020%: $2.84
Slippage, 4 orders: −$7.02
Fee Nado: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$25.89
Costs to cover: 0.240%
Break-even: never at this rate

Slippage from Nado: live order book, 4 min ago; OKX: 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 Nado live order book, 4 min ago	0.28 bp	6.7 bp −$7	15.1 bp −$151	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.28 bp	6.2 bp −$6	7.1 bp −$71	13.7 bp −$1,367	75.1 bp −$37.5K

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	−0.0326%	8h	1,763.6	+0.016%	$48.4M	$166.8M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,764.9	+0.085%	$3.9M	$4.6M	75x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,763.2	−0.007%	$1.4M	$10.3M	10x	as long as short
KuCoin SNDKUSDTM	−0.0001%	8h	1,762.8	−0.034%	$6.0M	$22.2M	20x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,764.4	+0.060%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,763.7	+0.018%	$280.4M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,763.9	+0.032%	$31.8M	$103.4M	100x	as long as short
OKX SNDK-USDT-SWAPshort	0.0000%	8h	1,763.5	+0.008%	$82.6M	$837.1M	75x
RISEx SNDK/USDC	0.0000%	1h	1,764.8	+0.084%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,763.7	+0.018%	$177.5M	$231.4M	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	1,764.5	+0.065%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,763.5	+0.005%	$11K	$2.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,764.5	+0.065%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,763.6	+0.014%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,763.6	+0.011%	$982	$3.5M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,763.4	+0.003%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,764.3	+0.055%	$2.8M	$1.1M	50x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0005%	1h	1,763.8	+0.022%	$51K	$351K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,763.1	−0.013%	$656	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0016%	1h	1,761.6	−0.099%	—	$579K	10x	as long as short
Nado SNDK-PERPlong	+0.0022%	1h	1,763.4	long leg	$328K	$1.5M	10x
Lighter SNDK	+0.0032%	1h	1,764.2	+0.048%	$1.8M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,763.4	+0.004%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,762.8	−0.032%	$491K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.076%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,762.3	−0.060%	$254K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,763.9	+0.031%	$242K	$668K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,763.6	+0.014%	$118.8M	$158.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,762.8	−0.031%	$4.7M	$19.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,762.6	−0.043%	$185K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,763.5	+0.005%	$721K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,763	−0.021%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,764.4	+0.059%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,763.3	−0.006%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,763.4	+0.003%	$198K	$304K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,764.9	+0.085%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,763.7	+0.020%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,761	−0.135%	$431K	$2.3M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0400%	1h	1,763.9	+0.030%	$127K	$346K	20x	as long as short
edgeX SNDKUSDC	+0.0501%	4h	1,763	−0.021%	$560K	$352K	10x	as long as short