Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0082%/8h= +8.9% APRpaid last 24h −0.004%

Price spread now: Binance against Nado+0.025%7-day average +0.003% · 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−$19as in the Price arb table

costs, in and out, $10k−$210.210% of the position

Long on Nado Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.074%+$7 on $10k

Price spread, last 7 days+0.118%+$12 · spread now +0.025%, 7d avg +0.003%

Together, before fees+0.192%+ Points / potential airdropNado: Active · farm board+$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.022% dearer against Nado than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SNDK-PERP	1,749.5	−0.0082	get 0.0010% / 1h	36m 31s	$328K	$1.5M	10x
Short	Binance SNDKUSDT	1,749.9	0	get 0.0000% / 8h	7h 36m	$279.8M	$1.85B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.025%Rate

Funding earned: $17.13
Price spread: +0.025% → +0.003%: $2.2
Slippage, 4 orders: −$3.98
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1.65
Costs to cover: 0.210%
Break-even: 7.7 days

Slippage from Nado: live order book, 2 min ago; Binance: live order book, 8 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	0.29 bp	4.7 bp −$5	16.9 bp −$169	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.03 bp	5.2 bp −$5	6.8 bp −$68	16.0 bp −$1,595	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
GRVT SNDK_USDT_Perp	−0.0845%	8h	1,750.4	+0.053%	$21K	$2.2M	10x	as long as short
HTX SNDK-USDT	−0.0543%	8h	1,751.1	+0.093%	$1.4M	$10.5M	50x	as long as short
Bitget SNDKUSDT	−0.0246%	8h	1,749.1	−0.022%	$49.3M	$166.9M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,751	+0.086%	$4.0M	$4.5M	75x	as long as short
Nado SNDK-PERPlong	−0.0082%	1h	1,749.5	long leg	$328K	$1.5M	10x
KuCoin SNDKUSDTM	−0.0040%	8h	1,750.3	+0.046%	$6.0M	$22.5M	20x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,749.5	−0.001%	$1.4M	$9.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,749.9	+0.024%	$21.3M	$32.6M	20x	as long as short
Binance SNDKUSDTshort	0.0000%	8h	1,749.9	+0.025%	$279.8M	$1.85B	75x
Bybit SNDKUSDT	0.0000%	8h	1,750.3	+0.045%	$31.6M	$104.1M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,748.8	−0.039%	$82.2M	$820.5M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,752	+0.143%	$136K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,749.4	−0.005%	$178.4M	$218.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,752.6	+0.180%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,751.1	+0.092%	$273K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,752.1	+0.150%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,752.3	+0.162%	$918	$3.3M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,751.7	+0.125%	$50K	$360K	10x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,751	+0.086%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0006%	1h	1,747.2	−0.131%	—	$577K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,753.4	+0.225%	$728	$38K	5x	as long as short
Entropy io:SNDK	+0.0015%	1h	1,751	+0.087%	$4.5M	$19.4M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,750.1	+0.038%	$1.7M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,749.9	+0.022%	$1.2M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,750	+0.030%	$448K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.885%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,748.4	−0.060%	$255K	$1.5M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0047%	8h	1,749.6	+0.007%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,749.3	−0.010%	$240K	$630K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,749.8	+0.018%	$118.5M	$158.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,749.2	−0.016%	$184K	$127K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,751	+0.084%	$716K	$521K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,750.7	+0.070%	$1.3M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,751.6	+0.120%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,749.9	+0.027%	$196K	$310K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,751.5	+0.114%	$67K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,751	+0.085%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,751.3	+0.104%	$425K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0127%	4h	1,751.2	+0.097%	$556K	$350K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0285%	1h	1,752.2	+0.154%	$128K	$344K	20x	as long as short