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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0200%/8h= −21.9% APRpaid last 24h +0.003%
Price spread now: SunX against Nado−0.049%7-day average −0.069% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.046%+$5 on $10k
Price spread, last 3 days (all we have)−0.054%−$5 · spread now −0.049%, 7d avg −0.069%
Together, before fees−0.008%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.021% dearer against Nado than usual: you sell high and buy low (spread −0.049% now, against its 7-day average of −0.069%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 8 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.046% in total (about 5.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SNDK-PERP1,778.90.0200pay 0.0025% / 1h45m 11s$387K$1.4M10x
ShortSunX SNDK-USDT1,778.10get 0.0000% / 8h45m 11s$864$3.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$41.96
Price spread: −0.049% → −0.069%
$2.05
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$54.9
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 3 min ago; SunX: live order book, 3 min ago. Net counts fees only.

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, 3 min ago0.28 bp7.2 bp −$716.2 bp −$162doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago583.24 bpdoesn't fitdoesn't fitdoesn'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
BloFin SNDK-USDT−0.0120%8h1,778.6−0.020%$4.1M$4.5M75xas long as short
Entropy io:SNDK−0.0037%1h1,778.1−0.046%$4.5M$20.5M10xas long as short
QFEX SNDK-USD−0.0004%1h1,779+0.004%$2.2M$21.8M10xas long as short
Aster SNDKUSD10.0000%8h1,779.5+0.035%$22.0M$46.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,778.6−0.019%$284.5M$1.88B75xas long as short
Bybit SNDKUSDT0.0000%8h1,779+0.005%$31.9M$105.5M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,778.9−0.001%$87.4M$844.9M75xas long as short
Gate SNDK_USDT0.0000%8h1,778.7−0.010%$184.2M$239.3M75xas long as short
Bitget SNDKUSDT0.0000%8h1,778.8−0.006%$49.6M$170.7M75xas long as short
Variational Omni SNDK0.0000%8h1,779.1+0.010%$2.6M$4.7Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp0.0000%8h1,779.2+0.018%$15K$1.0M10xas long as short
Phoenix SNDK0.0000%1h1,778.7−0.012%$277K$195K15xas long as short
Bullet SNDK-USD0.0000%1h1,779.1+0.010%$14K$291K10xas long as short
SunX SNDK-USDTshort0.0000%8h1,778.1−0.049%$864$3.9M20x
HTX SNDK-USDT0.0000%8h1,778.9−0.002%$1.5M$11.1M50xas long as short
Phemex SNDKUSDT0.0000%8h1,778.6−0.018%$2.8M$1.0M50xas long as short
Aftermath Perps SNDKUSD+0.0012%1h1,778.8−0.006%$731$37K5xas long as short
RISEx SNDK/USDC+0.0018%1h1,780.2+0.072%$175K$1.8M20xas long as short
Lighter RH SNDK+0.0032%1h1,778.8−0.005%$1.3M$9.9M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,778.5−0.021%$410K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.183%$36$15K12xas long as short
Arcus SNDK-USD+0.0040%1h1,778.9−0.002%$285K$1.7M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,778.8−0.006%$670K10xas long as short
edgeX SNDKUSDC+0.0048%4h1,778.5−0.022%$565K$355K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,779.1+0.010%$245K$670K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,778.6−0.018%$113.3M$151.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,778.9−0.001%$197K$89K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,778.6−0.016%$727K$538K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,779.2+0.017%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,779.1+0.010%$1.4M$4.9M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,778.7−0.011%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0096%1h1,779.4+0.027%$442K$2.4M10xas long as short
Pacifica SNDK+0.0100%1h1,779+0.005%$212K$283K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,778.4−0.031%$6.0M$22.2M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,779.6+0.039%$68K$268K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,778.5−0.025%$8K$2K20xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0172%1h1,779.5+0.034%$50K$277K10xas long as short
Lighter SNDK+0.0176%1h1,779.7+0.043%$1.6M$16.2M20xas long as short
Nado SNDK-PERPlong+0.0200%1h1,778.9long leg$387K$1.4M10x
Kraken Futures PF_SNDKUSD+0.0455%1h1,779.7+0.046%$129K$407K20xas long as short