Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0071%/8h= −7.8% APRpaid last 24h —

Price spread now: Nado against Paradex+0.070%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Nado

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Nado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.070% dearer against Paradex than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SNDK-USD-PERP	1,770.6	0.0050	pay 0.0050% / 8h	3h 19m	—	—	5x
Short	Nado SNDK-PERP	1,771.8	−0.0021	pay 0.0003% / 1h	19m 02s	$348K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Paradex. 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 ParadexbpFee NadobpOrdersPrice spread, now +0.070%Rate

Funding earned: −$14.92
Price spread: +0.070% → 0.000%: $6.99
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$18.93
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Nado: live order book, 5 min ago. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell Nado live order book, 5 min ago	0.28 bp	6.1 bp −$6	13.9 bp −$139	doesn't fit	doesn't fit

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,771.1	+0.028%	$3.9M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0055%	1h	1,771.9	+0.075%	$4.8M	$19.8M	10x	as long as short
KuCoin SNDKUSDTM	−0.0047%	8h	1,771.4	+0.044%	$6.1M	$22.1M	20x	as long as short
Nado SNDK-PERPshort	−0.0021%	1h	1,771.8	+0.070%	$348K	$1.5M	10x
QFEX SNDK-USD	−0.0019%	1h	1,770.7	+0.005%	$1.4M	$12.0M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,774.1	+0.198%	$434K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,772.1	+0.087%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,771	+0.025%	$280.7M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,771.1	+0.031%	$31.9M	$102.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,770.8	+0.013%	$82.1M	$825.9M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,771.6	+0.056%	$136K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,771.1	+0.028%	$176.9M	$230.9M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,770.8	+0.014%	$44.3M	$162.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,773.3	+0.156%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,772.9	+0.133%	$14K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,770.4	−0.010%	$276K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,771.2	+0.033%	$14K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,770.6	+0.003%	$887	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,771.1	+0.031%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,771.1	+0.031%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0009%	1h	1,772.9	+0.132%	$660	$38K	5x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0021%	1h	1,771.4	+0.049%	$51K	$346K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,772.1	+0.084%	$1.7M	$15.9M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,771.3	+0.042%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,770.8	+0.013%	$428K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.660%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,771.3	+0.042%	$264K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0044%	1h	1,768.7	−0.106%	—	$578K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,771.8	+0.070%	$244K	$652K	20x	as long as short
Paradex SNDK-USD-PERPlong	+0.0050%	8h	1,770.6	long leg	—	—	5x
tradeXYZ xyz:SNDK	+0.0050%	1h	1,771.5	+0.053%	$117.2M	$152.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,771	+0.024%	$186K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,771.1	+0.029%	$724K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,771	+0.024%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,770.9	+0.021%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,771.1	+0.028%	$197K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,773.1	+0.143%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,770.1	−0.027%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,771.3	+0.044%	$128K	$353K	20x	as long as short
edgeX SNDKUSDC	+0.0582%	4h	1,772.9	+0.131%	$563K	$352K	10x	as long as short