Funding you earn now, next payment 12:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.05 per $10,000 · paid last 24h +0.007%
Price spread now: Nado against Deribit−0.061%46s7-day average +0.032% · 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—prices read too far apart to compare
costs, in and out, $10k−$420.419% of the position
Funding, last 4 days (all we have)+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.061%, 7d avg +0.032%
=Together, before fees+0.129%+ Points / potential airdropNado: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.093% cheaper against Deribit than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.032%). If the spread goes back, that is −$9 on $10k: about 7.5 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.011% in total) that is about 31 days. The two prices were read 46 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 | Deribit SNDK_USDC-PERPETUAL | 1,765.5 | 0 | get 0.0000% / 1h | 53m 31s | $19K | $446K | 10x |
| Short | Nado SNDK-PERP | 1,764.4 | 0.0041 | get 0.0005% / 1h | 53m 31s | $320K | $1.5M | 10x |
Deribit SNDK_USDC-PERPETUAL
Nado SNDK-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Deribit. 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
- $8.67
- Price spread: −0.061% → +0.032%
- −$9.28
- Slippage, 4 orders
- −$27.93
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$42.54
- Costs to cover
- 0.419%
- Break-even
- 41.3 days
Slippage from Deribit: live order book, 53 min ago; Nado: 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 Deribit live order book, 53 min ago | 5.00 bp | 14.8 bp −$15 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell Nado live order book, 3 min ago | 0.28 bp | 5.8 bp −$6 | 14.5 bp −$145 | doesn't fit | doesn't fit |
SNDK on 40 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SNDKUSD | −0.0126% | 1h | 1,765.8 | +0.021% | $167K | $374K | 20x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,768.1 | +0.150% | $3.9M | $4.7M | 75x | as long as short |
| Entropy io:SNDK | −0.0030% | 1h | 1,766 | +0.030% | $4.5M | $19.2M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,765.9 | +0.024% | $21.5M | $32.2M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,765.4 | −0.002% | $281.6M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,765 | −0.024% | $31.4M | $107.3M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,765.8 | +0.019% | $79.6M | $840.4M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,766.6 | +0.061% | $146K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,765.1 | −0.022% | $180.7M | $209.6M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,765.2 | −0.013% | $48.5M | $172.1M | 75x | as long as short |
Kraken Futures PF_SNDKUSD
BloFin SNDK-USDT
Entropy io:SNDK
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDTShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,767.8 | +0.135% | $2.7M | $4.5M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,768.4 | +0.167% | $28K | $2.6M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,765.3 | −0.011% | $13K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,767.2 | +0.099% | $755 | $3.1M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUALlong | 0.0000% | 1h | 1,765.5 | long leg | $19K | $446K | 10x | |
| HTX SNDK-USDT | 0.0000% | 8h | 1,766.2 | +0.039% | $1.5M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,766.1 | +0.036% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | +0.0004% | 1h | 1,764.9 | −0.035% | $1.5M | $9.3M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0023% | 1h | 1,768.5 | +0.173% | $750 | $39K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,764.6 | −0.052% | $1.2M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,764.1 | −0.076% | $410K | $2.4M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.954% | $36 | $4K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,763.9 | −0.087% | $258K | $1.4M | 10x | as long as short |
| Nado SNDK-PERPshort | +0.0041% | 1h | 1,764.4 | −0.061% | $320K | $1.5M | 10x | |
| Phoenix SNDK | +0.0045% | 1h | 1,770.4 | +0.279% | $276K | $178K | 15x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,764.9 | −0.033% | — | $570K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,765.7 | +0.013% | $243K | $696K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,764.8 | −0.038% | $122.2M | $150.8M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,764.7 | −0.044% | $193K | $151K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,766.7 | +0.068% | $724K | $523K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,764.8 | −0.038% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0051% | 8h | 1,763.9 | −0.091% | — | — | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,766.4 | +0.050% | $1K | — | 10x | as long as short |
| Lighter SNDK | +0.0096% | 1h | 1,765.2 | −0.014% | $1.8M | $16.5M | 20x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,765 | −0.027% | $193K | $308K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,765.9 | +0.022% | $6.1M | $23.1M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,769.4 | +0.225% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,764.2 | −0.074% | $9K | $6K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0176% | 1h | 1,767.2 | +0.097% | $445K | $2.1M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0740% | 4h | 1,768.5 | +0.169% | $562K | $337K | 10x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Phoenix SNDK
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Aevo SNDK-PERP
Lighter SNDK
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC