SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h +0.007%

Price spread now: Nado against Deribit+0.064%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$400.397% of the position

Long on Deribit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.011%+$1 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.064%, 7d avg +0.031%

Together, before fees+0.022%+ Points / potential airdropNado: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.032% dearer against Deribit than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of +0.031%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SNDK_USDC-PERPETUAL	1,767.1	0	get 0.0000% / 1h	15m 49s	$37K	$388K	10x
Short	Nado SNDK-PERP	1,768.2	−0.0017	pay 0.0002% / 1h	15m 49s	$327K	$1.5M	10x

Funding 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 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 DeribitbpFee NadobpOrdersPrice spread, now +0.064%Rate

Funding earned: −$3.55
Price spread: +0.064% → +0.031%: $3.24
Slippage, 4 orders: −$25.65
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$39.97
Costs to cover: 0.397%
Break-even: never at this rate

Slippage from Deribit: live order book, 35 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit live order book, 35 min ago	4.84 bp	19.0 bp −$19	23.8 bp −$238	doesn't fit	doesn't fit
Sell Nado live order book, 1 min ago	0.28 bp	5.6 bp −$6	12.7 bp −$127	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	1,763.9	−0.178%	$4.0M	$4.6M	75x	as long as short
Nado SNDK-PERPshort	−0.0017%	1h	1,768.2	+0.064%	$327K	$1.5M	10x
Bitget SNDKUSDT	−0.0014%	8h	1,766.9	−0.010%	$49.9M	$168.3M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,768.1	+0.056%	$21.5M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,767.6	+0.031%	$280.9M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,767.5	+0.022%	$31.6M	$105.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,767.7	+0.036%	$82.5M	$829.0M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,768.7	+0.095%	$137K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,767.1	+0.003%	$181.9M	$219.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,767.1	+0.004%	$2.7M	$4.7M	—	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	1,762	−0.287%	$274K	$189K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,768.2	+0.067%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,767.5	+0.023%	$764	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUALlong	0.0000%	1h	1,767.1	long leg	$37K	$388K	10x
HTX SNDK-USDT	0.0000%	8h	1,767.9	+0.048%	$1.4M	$9.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,767.5	+0.025%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	0.0000%	1h	1,767.8	+0.038%	$1.5M	$9.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,763.3	−0.214%	$674	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,767.2	+0.009%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,767	−0.005%	$394K	$2.3M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.861%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,767.6	+0.028%	$271K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,766.8	−0.015%	—	$569K	10x	as long as short
Lighter SNDK	+0.0048%	1h	1,767.8	+0.041%	$1.8M	$16.8M	20x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,768	+0.053%	$246K	$681K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,767.5	+0.024%	$120.5M	$155.2M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,765.2	−0.106%	$4.5M	$19.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,768	+0.053%	$187K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,765.6	−0.081%	$724K	$523K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768.1	+0.058%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,767	−0.004%	—	—	5x	as long as short
GRVT SNDK_USDT_Perp	+0.0075%	8h	1,762.3	−0.268%	$22K	$2.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,767.7	+0.036%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,767.1	+0.002%	$198K	$306K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,766.6	−0.029%	$6.1M	$22.8M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,762.4	−0.263%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,767	−0.004%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0136%	1h	1,769.3	+0.128%	$444K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0420%	4h	1,761.9	−0.291%	$560K	$340K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0551%	1h	1,767.5	+0.027%	$160K	$381K	20x	as long as short