Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.001%

Price spread now: KuCoin against Nado−0.105%7-day average −0.043% · 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−$41as in the Price arb table

costs, in and out, $10k−$340.344% of the position

Long on Nado Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.079%+$8 on $10k

Price spread, last 7 days+0.209%+$21 · spread now −0.105%, 7d avg −0.043%

Together, before fees+0.288%+ Points / potential airdropNado: Active · farm board+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.062% cheaper against Nado than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.043%). If the spread goes back, that is −$6 on $10k: about 47 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SNDK-PERP	1,790	−0.0096	get 0.0012% / 1h	32m 55s	$311K	$1.5M	10x
Short	KuCoin SNDKUSDTM	1,788.1	0.0009	get 0.0009% / 8h	4h 32m	$6.1M	$22.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Nado. 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 NadobpFee KuCoinbpOrdersPrice spread, now −0.105%Rate

Funding earned: $22.11
Price spread: −0.105% → −0.043%: −$6.2
Slippage, 4 orders: −$15.43
Fee Nado: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$18.52
Costs to cover: 0.344%
Break-even: 12.9 days

Slippage from Nado: live order book, 1 min ago; KuCoin: live order book, 6 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, 1 min ago	0.28 bp	6.0 bp −$6	17.0 bp −$170	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	0.92 bp	10.3 bp −$10	60.3 bp −$603	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	1,789.2	−0.045%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0105%	1h	1,789	−0.053%	$4.9M	$19.9M	10x	as long as short
Nado SNDK-PERPlong	−0.0096%	1h	1,790	long leg	$311K	$1.5M	10x
Phoenix SNDK	−0.0089%	1h	1,789.3	−0.036%	$279K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,788.9	−0.057%	$1.4M	$13.6M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.238%	$439K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.2	−0.044%	$21.8M	$37.0M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,788.9	−0.057%	$287.0M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789.4	−0.031%	$32.6M	$100.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,788.7	−0.070%	$84.7M	$826.2M	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	1,790.1	+0.010%	$170K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,788.9	−0.059%	$180.0M	$230.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,788.8	−0.064%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,788.8	−0.067%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.1	−0.045%	$15K	$1.4M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789	−0.053%	$15K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.3	−0.092%	$1K	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.5	−0.024%	$51K	$344K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.4	−0.088%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,788.7	−0.070%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,789.2	−0.042%	$666	$38K	5x	as long as short
KuCoin SNDKUSDTMshort	+0.0009%	8h	1,788.1	−0.105%	$6.1M	$22.3M	20x
Lighter SNDK	+0.0032%	1h	1,790	+0.002%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.5	−0.026%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,788.9	−0.060%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.559%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788	−0.112%	$277K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,789.6	−0.018%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,788.9	−0.058%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.2	−0.042%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789.2	−0.042%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,789	−0.053%	$115.1M	$146.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,788.8	−0.064%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789	−0.053%	$731K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,788.9	−0.059%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.7	−0.071%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,789.3	−0.039%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.7	−0.012%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.2	−0.101%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0775%	4h	1,788.7	−0.068%	$568K	$353K	10x	as long as short