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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.003%
Price spread now: Nado against QFEX+0.003%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$240.242% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.039%−$4 on $10k
Price spread, last 7 days−0.149%−$15 · spread now +0.003%, 7d avg +0.055%
Together, before fees−0.187%+ Points / potential airdropNado: Active · farm board−$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.052% cheaper against QFEX than usual: you would sell low and buy high (spread +0.003% now, against its 7-day average of +0.055%). If the spread goes back, that is −$5 on $10k: about 3.3 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SNDK-USD1,762.4−0.0008get 0.0001% / 1h54m 39s$1.3M$10.6M10x
ShortNado SNDK-PERP1,762.50.0045get 0.0006% / 1h54m 39s$328K$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against QFEX. 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
$11.04
Price spread: +0.003% → +0.055%
−$5.2
Slippage, 4 orders
−$7.18
Fee QFEX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$18.34
Costs to cover
0.242%
Break-even
18.6 days
Slippage from QFEX: live order book, 4 min ago; Nado: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago0.20 bp6.0 bp −$67.6 bp −$7613.7 bp −$1,371doesn't fit
Sell Nado live order book, 4 min ago0.28 bp5.7 bp −$612.4 bp −$124doesn'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
Bitget SNDKUSDT−0.0229%8h1,761−0.083%$47.3M$165.3M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,762.1−0.020%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0018%8h1,760.6−0.107%$6.0M$22.2M20xas long as short
QFEX SNDK-USDlong−0.0008%1h1,762.4long leg$1.3M$10.6M10x
Aster SNDKUSD10.0000%8h1,761−0.079%$21.5M$33.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,760−0.141%$279.6M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,760.6−0.106%$31.7M$103.5M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,760.1−0.133%$82.1M$832.4M75xas long as short
RISEx SNDK/USDC0.0000%1h1,763.3+0.051%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,761.1−0.077%$176.7M$229.9M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,761.3−0.064%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,763.4+0.052%$14K$1.9M10xas long as short
Phoenix SNDK0.0000%1h1,766.7+0.242%$275K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,761.6−0.046%$14K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,761.6−0.050%$1K$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,762.2−0.014%$51K$350K10xas long as short
HTX SNDK-USDT0.0000%8h1,761−0.081%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,762−0.024%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0015%1h1,764.9+0.139%$657$38K5xas long as short
Vest SNDK-USD-PERP+0.0018%1h1,760.4−0.117%$581K10xas long as short
Lighter RH SNDK+0.0032%1h1,760.2−0.128%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,761−0.082%$486K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.129%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,762.1−0.022%$256K$1.5M10xas long as short
Nado SNDK-PERPshort+0.0045%1h1,762.5+0.003%$328K$1.5M10x
Lighter SNDK+0.0048%1h1,761.1−0.078%$1.8M$16.2M20xas long as short
Popdex SNDKUSDT+0.0048%1h1,762.5+0.003%$243K$675K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,760.1−0.133%$118.5M$158.3M10xas long as short
Entropy io:SNDK+0.0050%1h1,762.4−0.002%$4.7M$19.7M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,761.2−0.070%$184K$131K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,761.9−0.033%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,759.9−0.144%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,760.5−0.110%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,761.7−0.039%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,760.2−0.128%$196K$303K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,763.9+0.083%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,761.9−0.028%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,766.2+0.214%$432K$2.3M10xas long as short
Kraken Futures PF_SNDKUSD+0.0401%1h1,762.4−0.005%$127K$347K20xas long as short
edgeX SNDKUSDC+0.0883%4h1,766+0.200%$561K$351K10xas long as short