SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0278%/8h= −30.4% APRnext payment −$0.35 per $10,000 · paid last 24h −0.075%

Price spread now: Nado against Kraken Futures−0.010%7-day average +0.026% · 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−$50as in the Price arb table

costs, in and out, $10k−$460.460% of the position

Long on Kraken Futures Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.335%−$33 on $10k

Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.010%, 7d avg +0.026%

Together, before fees−0.250%+ Points / potential airdropNado: Active · farm board−$25 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Nado is 0.035% cheaper against Kraken Futures than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.026%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SNDKUSD	1,762.7	0.0274	pay 0.0034% / 1h	3m 58s	$126K	$340K	20x
Short	Nado SNDK-PERP	1,762.6	−0.0004	pay 0.0001% / 1h	3m 58s	$330K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Kraken Futures. 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 Kraken FuturesbpFee NadobpOrdersPrice spread, now −0.010%Rate

Funding earned: −$58.36
Price spread: −0.010% → +0.026%: −$3.54
Slippage, 4 orders: −$28.99
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$107.89
Costs to cover: 0.460%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 34 min ago; Nado: live order book, 5 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 Kraken Futures live order book, 34 min ago	2.55 bp	15.3 bp −$15	38.4 bp −$384	doesn't fit	doesn't fit
Sell Nado live order book, 5 min ago	0.28 bp	6.3 bp −$6	15.8 bp −$158	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
Bitget SNDKUSDT	−0.0246%	8h	1,762.6	−0.008%	$50.0M	$166.6M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,761.7	−0.062%	$4.0M	$4.6M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0039%	1h	1,762.2	−0.030%	$51K	$356K	10x	as long as short
Nado SNDK-PERPshort	−0.0004%	1h	1,762.6	−0.010%	$330K	$1.5M	10x
KuCoin SNDKUSDTM	−0.0003%	8h	1,761.4	−0.078%	$6.0M	$22.6M	20x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,761.7	−0.057%	$1.4M	$9.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.4	−0.021%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,762.5	−0.016%	$279.9M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.8	+0.002%	$31.8M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,762.4	−0.019%	$82.4M	$833.3M	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	1,763	+0.017%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,762.4	−0.021%	$179.1M	$229.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,761.1	−0.095%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,761	−0.096%	$20K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,761.4	−0.076%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762.5	−0.015%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,761.9	−0.046%	$722	$3.4M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.7	−0.059%	$1.4M	$10.5M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.4	−0.020%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,759.8	−0.169%	—	$579K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0017%	1h	1,762.2	−0.028%	$673	$38K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.8	+0.003%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.7	−0.060%	$493K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.112%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,763.4	+0.036%	$1.8M	$16.4M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,760.3	−0.141%	$256K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.4	−0.019%	$242K	$651K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,762.7	−0.002%	$120.0M	$157.6M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,761.2	−0.087%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,761.2	−0.087%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,761.8	−0.054%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,761.6	−0.062%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.6	−0.065%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,762	−0.041%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.8	−0.051%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,761.2	−0.088%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,761.8	−0.052%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,762	−0.043%	$429K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSDlong	+0.0274%	1h	1,762.7	long leg	$126K	$340K	20x
edgeX SNDKUSDC	+0.0436%	4h	1,760.7	−0.118%	$559K	$351K	10x	as long as short