SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.014%

Price spread now: Nado against Phoenix+0.232%57s7-day average +0.018% · 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—prices read too far apart to compare

costs, in and out, $10k−$340.342% of the position

Long on Phoenix Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.019%+$2 on $10k

Price spread, last 3 days (all we have)−0.179%−$18 · spread now +0.232%, 7d avg +0.018%

Together, before fees−0.160%+ Points / potential airdropNado: Active · farm board−$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.214% dearer against Phoenix than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix SNDK	1,787.7	0	get 0.0000% / 1h	28m 11s	$278K	$195K	15x
Short	Nado SNDK-PERP	1,791.8	0.0008	get 0.0001% / 1h	28m 11s	$347K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Phoenix. 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 PhoenixbpFee NadobpOrdersPrice spread, now +0.232%Rate

Funding earned: $1.61
Price spread: +0.232% → +0.018%: $21.38
Slippage, 4 orders: −$20.24
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$11.25
Costs to cover: 0.342%
Break-even: 56.0 days

Slippage from Phoenix: live order book, 42 min ago; Nado: live order book, just now.

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 Phoenix live order book, 42 min ago	2.82 bp	10.2 bp −$10	21.2 bp −$212	doesn't fit	doesn't fit
Sell Nado live order book, just now	0.28 bp	6.9 bp −$7	19.1 bp −$191	doesn't fit	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	1,790.4	+0.148%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,791.6	+0.216%	$21.8M	$44.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,791.1	+0.192%	$286.4M	$1.84B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,791.6	+0.219%	$32.1M	$100.2M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,791.3	+0.201%	$86.3M	$836.1M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,791.2	+0.194%	$183.0M	$234.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,791.3	+0.201%	$47.6M	$169.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,786.6	−0.061%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,787	−0.042%	$22K	$1.1M	10x	as long as short
Phoenix SNDKlong	0.0000%	1h	1,787.7	long leg	$278K	$195K	15x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SNDK-USD	0.0000%	1h	1,791.5	+0.212%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,789.5	+0.102%	$1K	$3.8M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,790.6	+0.164%	$50K	$314K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,790.4	+0.149%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,790.8	+0.173%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,791.1	+0.190%	$2.1M	$19.8M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,792.5	+0.266%	$171K	$1.8M	20x	as long as short
Nado SNDK-PERPshort	+0.0008%	1h	1,791.8	+0.232%	$347K	$1.4M	10x
Aftermath Perps SNDKUSD	+0.0009%	1h	1,787.3	−0.020%	$715	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,792.1	+0.245%	$1.7M	$16.3M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,791.8	+0.228%	$1.4M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,791	+0.182%	$439K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.686%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,787.1	−0.036%	$305K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.3	+0.143%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,791.7	+0.224%	$246K	$647K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,791.4	+0.207%	$115.2M	$148.3M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,788.4	+0.039%	$4.8M	$20.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,791.4	+0.207%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,791.7	+0.222%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787	−0.039%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,790.9	+0.178%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,790.8	+0.173%	$199K	$291K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,790.5	+0.159%	$6.1M	$21.9M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.7	−0.222%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,790.5	+0.157%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,792.3	+0.255%	$442K	$2.3M	10x	as long as short
SoDEX SNDK-USD	+0.0147%	1h	1,789.6	+0.106%	$732K	$515K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0659%	1h	1,791.8	+0.228%	$130K	$379K	20x	as long as short
edgeX SNDKUSDC	+0.0988%	4h	1,786.5	−0.070%	$567K	$355K	10x	as long as short