Funding you earn now, next payment 10:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h −0.014%
Price spread now: Arcus against Nado−0.023%7-day average −0.087% · 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−$20as in the Price arb table
costs, in and out, $10k−$260.260% of the position
Funding, last 4 days (all we have)+0.062%+$6 on $10k
+Price spread, last 7 days+0.119%+$12 · spread now −0.023%, 7d avg −0.087%
=Together, before fees+0.181%+ Points / potential airdropNado: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.064% dearer against Nado than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SNDK-PERP | 1,757 | 0.0010 | pay 0.0001% / 1h | 51m 17s | $335K | $1.5M | 10x |
| Short | Arcus SNDK-USD | 1,756.6 | 0.0040 | get 0.0005% / 1h | 51m 17s | $269K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $6.35
- Price spread: −0.023% → −0.087%
- $6.4
- Slippage, 4 orders
- −$14.51
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$13.26
- Costs to cover
- 0.260%
- Break-even
- 21.6 days
Slippage from Nado: live order book, 2 min ago; Arcus: 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, 2 min ago | 0.28 bp | 7.5 bp −$8 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 3 min ago | 1.02 bp | 5.3 bp −$5 | 7.3 bp −$73 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,757 | −0.003% | $4.0M | $4.6M | 75x | as long as short |
| Bitget SNDKUSDT | −0.0110% | 8h | 1,756.4 | −0.038% | $49.5M | $168.4M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,756.7 | −0.021% | $21.4M | $32.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,755.9 | −0.066% | $278.1M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,756.7 | −0.018% | $32.0M | $105.4M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,756.1 | −0.054% | $81.9M | $828.1M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,758.4 | +0.080% | $136K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,756.4 | −0.035% | $180.9M | $216.5M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,759.7 | +0.149% | $2.6M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,759.8 | +0.156% | $18K | $2.3M | 10x | as long as short |
Show all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,759.4 | +0.134% | $274K | $189K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,756.7 | −0.019% | $13K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,756.4 | −0.038% | $952 | $3.2M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,756.4 | −0.034% | $50K | $358K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,755.9 | −0.066% | $1.4M | $9.9M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,756.4 | −0.035% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | 0.0000% | 1h | 1,757.2 | +0.009% | $1.4M | $9.4M | 10x | as long as short |
| Nado SNDK-PERPlong | +0.0010% | 1h | 1,757 | long leg | $335K | $1.5M | 10x | |
| Aftermath Perps SNDKUSD | +0.0016% | 1h | 1,757.5 | +0.025% | $672 | $39K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,756.4 | −0.037% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,756.6 | −0.024% | $391K | $2.2M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.443% | $36 | $9K | 12x | as long as short |
| KuCoin SNDKUSDTM | +0.0038% | 8h | 1,757 | −0.003% | $6.0M | $22.7M | 20x | as long as short |
| Arcus SNDK-USDshort | +0.0040% | 1h | 1,756.6 | −0.023% | $269K | $1.4M | 10x | |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,757 | −0.004% | — | $572K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,757.3 | +0.015% | $242K | $666K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,756.5 | −0.031% | $119.3M | $159.1M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,757.1 | +0.003% | $4.5M | $19.3M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,757.1 | +0.003% | $185K | $130K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,756.5 | −0.034% | $718K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,754.4 | −0.150% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0052% | 8h | 1,756.6 | −0.024% | — | — | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,756.1 | −0.053% | $1K | — | 10x | as long as short |
| Lighter SNDK | +0.0088% | 1h | 1,757 | −0.001% | $1.7M | $16.6M | 20x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,756.8 | −0.014% | $197K | $307K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,757.5 | +0.028% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,756.2 | −0.050% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0136% | 1h | 1,756.9 | −0.009% | $440K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0554% | 1h | 1,756.9 | −0.006% | $128K | $336K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0823% | 4h | 1,756.4 | −0.039% | $558K | $339K | 10x | as long as short |
BloFin SNDK-USDT
Bitget SNDKUSDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
KuCoin SNDKUSDTM
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Lighter SNDK
Pacifica SNDK
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC