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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0060%/8h= −6.6% APRnext payment $0.08 per $10,000 · paid last 24h −0.012%
Price spread now: Nado against Popdex+0.024%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$240.239% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.089%−$9 on $10k
Price spread, last 4 days (all we have)+0.280%+$28 · spread now +0.024%, 7d avg +0.046%
Together, before fees+0.191%+ Points / potential airdropNado: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.022% cheaper against Popdex than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex SNDKUSDT1,761.90.0048pay 0.0006% / 1h32m 55s$243K$652K20x
ShortNado SNDK-PERP1,762.3−0.0012pay 0.0002% / 1h32m 55s$330K$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Popdex. 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
−$12.64
Price spread: +0.024% → +0.046%
−$2.16
Slippage, 4 orders
−$10.5
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$38.7
Costs to cover
0.239%
Break-even
never at this rate
Slippage from Popdex: live order book, 6 min ago; Nado: live order book, 1 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 Popdex live order book, 6 min ago1.42 bp4.6 bp −$56.3 bp −$63doesn't fitdoesn't fit
Sell Nado live order book, 1 min ago0.28 bp6.7 bp −$717.9 bp −$179doesn'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−0.0271%8h1,761.7−0.012%$48.4M$166.1M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,761.1−0.045%$3.9M$4.6M75xas long as short
KuCoin SNDKUSDTM−0.0015%8h1,761.3−0.035%$6.0M$22.3M20xas long as short
Nado SNDK-PERPshort−0.0012%1h1,762.3+0.024%$330K$1.5M10x
Deribit SNDK_USDC-PERPETUAL−0.0011%1h1,762.2+0.015%$51K$353K10xas long as short
QFEX SNDK-USD−0.0001%1h1,761.6−0.016%$1.4M$10.0M10xas long as short
Aster SNDKUSD10.0000%8h1,762.7+0.045%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,761.1−0.048%$279.8M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,761.7−0.010%$31.7M$103.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,761.1−0.045%$82.3M$833.6M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,763.2+0.074%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,761.3−0.036%$177.7M$228.4M75xas long as short
Variational Omni SNDK0.0000%8h1,761.1−0.048%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,762.3+0.024%$16K$2.1M10xas long as short
Phoenix SNDK0.0000%1h1,762.4+0.028%$275K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,761.8−0.006%$14K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,761.4−0.030%$828$3.4M20xas long as short
HTX SNDK-USDT0.0000%8h1,761.2−0.039%$1.4M$10.5M50xas long as short
Phemex SNDKUSDT0.0000%8h1,761.2−0.037%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0013%1h1,762.4+0.026%$673$38K5xas long as short
Vest SNDK-USD-PERP+0.0016%1h1,759.9−0.112%$579K10xas long as short
Lighter RH SNDK+0.0032%1h1,761.8−0.009%$1.2M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,761.2−0.039%$493K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.160%$36$9K12xas long as short
Lighter SNDK+0.0040%1h1,762.3+0.024%$1.8M$16.3M20xas long as short
Arcus SNDK-USD+0.0040%1h1,760.8−0.062%$254K$1.5M10xas long as short
Popdex SNDKUSDTlong+0.0048%1h1,761.9long leg$243K$652K20x
tradeXYZ xyz:SNDK+0.0050%1h1,761.6−0.017%$119.6M$159.6M10xas long as short
Entropy io:SNDK+0.0050%1h1,761.90.000%$4.6M$19.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,760.9−0.057%$185K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,761.4−0.030%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,762.1+0.013%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,761.7−0.011%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,761.5−0.023%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,761.9+0.003%$197K$308K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,762.1+0.011%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,761.7−0.011%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,762.4+0.030%$429K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0274%1h1,762.2+0.019%$127K$339K20xas long as short
edgeX SNDKUSDC+0.0798%4h1,761.8−0.004%$560K$351K10xas long as short