Funding you earn now, next payment 01:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.007%
Price spread now: tradeXYZ against Nado−0.197%7-day average −0.064% · 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−$45as in the Price arb table
costs, in and out, $10k−$310.313% of the position
Funding, last 3 days (all we have)+0.040%+$4 on $10k
+Price spread, last 7 days+0.157%+$16 · spread now −0.197%, 7d avg −0.064%
=Together, before fees+0.197%+ Points / potential airdropNado: Active · tradeXYZ: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.132% cheaper against Nado than usual: you would sell low and buy high (spread −0.197% now, against its 7-day average of −0.064%). If the spread goes back, that is −$13 on $10k: about 13 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SNDK-PERP | 1,792.1 | 0.0025 | pay 0.0003% / 1h | 45m 37s | $350K | $1.4M | 10x |
| Short | tradeXYZ xyz:SNDK | 1,788.6 | 0.0059 | get 0.0007% / 1h | 45m 37s | $115.1M | $150.4M | 10x |
Nado SNDK-PERP
tradeXYZ xyz:SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.22
- Price spread: −0.197% → −0.064%
- −$13.24
- Slippage, 4 orders
- −$6.29
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$37.32
- Costs to cover
- 0.313%
- Break-even
- 43.2 days
Slippage from Nado: live order book, 3 min ago; tradeXYZ: live order book, 3 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, 3 min ago | 0.28 bp | 6.3 bp −$6 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.28 bp | 9.3 bp −$9 | 10.7 bp −$107 | 15.7 bp −$1,567 | 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 | 1,791 | −0.063% | $4.1M | $4.5M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0007% | 1h | 1,789.9 | −0.124% | $50K | $311K | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,788 | −0.233% | $21.8M | $45.7M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,788.4 | −0.206% | $285.3M | $1.85B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,789 | −0.177% | $32.2M | $100.7M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,788.7 | −0.191% | $86.1M | $839.2M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,788.4 | −0.206% | $183.3M | $233.3M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,788.3 | −0.212% | $48.1M | $169.0M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,790.6 | −0.085% | $2.6M | $4.6M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,786.6 | −0.308% | $9K | $1.1M | 10x | as long as short |
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_PerpShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,786.1 | −0.336% | $278K | $195K | 15x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,788.9 | −0.178% | $737 | $3.8M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,790.2 | −0.106% | $1.5M | $10.9M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,790 | −0.119% | $2.8M | $1.0M | 50x | as long as short |
| QFEX SNDK-USD | +0.0001% | 1h | 1,791 | −0.064% | $2.1M | $20.7M | 10x | as long as short |
| RISEx SNDK/USDC | +0.0004% | 1h | 1,788.6 | −0.196% | $171K | $1.8M | 20x | as long as short |
| Aftermath Perps SNDKUSD | +0.0010% | 1h | 1,785.7 | −0.360% | $823 | $37K | 5x | as long as short |
| Bullet SNDK-USD | +0.0015% | 1h | 1,789.6 | −0.141% | $14K | $291K | 10x | as long as short |
| Nado SNDK-PERPlong | +0.0025% | 1h | 1,792.1 | long leg | $350K | $1.4M | 10x | |
| Lighter SNDK | +0.0032% | 1h | 1,789.7 | −0.137% | $1.6M | $16.1M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,789.1 | −0.170% | $1.3M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,788.7 | −0.194% | $428K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.437% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,787.2 | −0.275% | $299K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,790.8 | −0.073% | — | $648K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,790.9 | −0.068% | $247K | $657K | 20x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,786.1 | −0.336% | $4.8M | $20.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,790.9 | −0.068% | $187K | $135K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,789 | −0.174% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,790.1 | −0.113% | $1.4M | $4.9M | 5x | as long as short |
| tradeXYZ xyz:SNDKshort | +0.0059% | 1h | 1,788.6 | −0.197% | $115.1M | $150.4M | 10x | |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,789.6 | −0.143% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,788.3 | −0.213% | $199K | $293K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,788.4 | −0.208% | $6.1M | $22.0M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,787 | −0.287% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,788.2 | −0.219% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0128% | 1h | 1,790.8 | −0.072% | $444K | $2.3M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0221% | 4h | 1,785.4 | −0.372% | $567K | $355K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0660% | 1h | 1,790.6 | −0.085% | $130K | $382K | 20x | as long as short |
| SoDEX SNDK-USD | +0.0788% | 1h | 1,789.7 | −0.134% | $732K | $515K | 10x | as long as short |
Phoenix SNDK
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
RISEx SNDK/USDC
Aftermath Perps SNDKUSD
Bullet SNDK-USD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Entropy io:SNDK
Polymarket Perps SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD
SoDEX SNDK-USD