SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.014%

Price spread now: QFEX against Nado−0.006%7-day average −0.055% · 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−$20as in the Price arb table

costs, in and out, $10k−$250.249% of the position

Long on Nado Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.042%+$4 on $10k

Price spread, last 7 days−0.080%−$8 · spread now −0.006%, 7d avg −0.055%

Together, before fees−0.038%+ Points / potential airdropNado: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.048% dearer against Nado than usual: you sell high and buy low (spread −0.006% now, against its 7-day average of −0.055%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SNDK-PERP	1,771.5	0.0063	pay 0.0008% / 1h	48m 48s	$309K	$1.4M	10x
Short	QFEX SNDK-USD	1,771.4	−0.0007	pay 0.0001% / 1h	48m 48s	$2.2M	$21.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.006%Rate

Funding earned: −$14.86
Price spread: −0.006% → −0.055%: $4.85
Slippage, 4 orders: −$7.93
Fee Nado: 3.5 bp × 2 orders: −$7
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$34.94
Costs to cover: 0.249%
Break-even: never at this rate

Slippage from Nado: live order book, 5 min ago; QFEX: 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, 5 min ago	0.28 bp	6.4 bp −$6	14.7 bp −$147	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	1.10 bp	6.5 bp −$6	6.7 bp −$67	12.0 bp −$1,201	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
BloFin SNDK-USDT	−0.0120%	8h	1,771.7	+0.010%	$4.1M	$4.5M	75x	as long as short
QFEX SNDK-USDshort	−0.0007%	1h	1,771.4	−0.006%	$2.2M	$21.9M	10x
Aster SNDKUSD1	0.0000%	8h	1,771.7	+0.009%	$21.8M	$39.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,771.5	−0.004%	$286.7M	$1.89B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,771.6	+0.006%	$31.7M	$105.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,771.3	−0.013%	$87.8M	$845.7M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,771.6	+0.002%	$183.3M	$241.2M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,771.7	+0.009%	$49.6M	$171.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,771.6	+0.005%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,771.6	+0.006%	$20K	$1.0M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,771.8	+0.015%	$276K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,771.5	−0.002%	$13K	$294K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,771.1	−0.024%	$1K	$4.0M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,771.8	+0.017%	$49K	$239K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,771.3	−0.011%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,771.5	−0.001%	$2.8M	$960K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0007%	1h	1,771.8	+0.015%	$725	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0015%	1h	1,772.4	+0.052%	$162K	$1.8M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,772.3	+0.044%	$1.5M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,771.9	+0.020%	$1.4M	$10.2M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,771.2	−0.018%	$410K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.605%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,771	−0.028%	$282K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,770.8	−0.043%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,771.5	−0.002%	$244K	$672K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,771.5	−0.002%	$112.6M	$152.1M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,770.6	−0.052%	$4.5M	$20.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,771.2	−0.019%	$196K	$90K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,771.6	+0.003%	$724K	$550K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,771.3	−0.013%	$1.4M	$4.8M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,771.2	−0.017%	—	—	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0056%	1h	1,773.3	+0.099%	$438K	$2.4M	10x	as long as short
Nado SNDK-PERPlong	+0.0063%	1h	1,771.5	long leg	$309K	$1.4M	10x
Aevo SNDK-PERP	+0.0080%	1h	1,771.3	−0.016%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,771.4	−0.006%	$213K	$291K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,770.8	−0.040%	$6.0M	$22.8M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,771.7	+0.011%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,770.5	−0.060%	$8K	$2K	20x	as long as short
edgeX SNDKUSDC	+0.0202%	4h	1,771.5	−0.003%	$563K	$355K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0386%	1h	1,772.2	+0.039%	$129K	$415K	20x	as long as short