Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0183%/8h= −20.0% APRpaid last 24h +0.015%

Price spread now: Bitget against Nado+0.005%52s7-day average −0.011% · 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—prices read too far apart to compare

costs, in and out, $10k−$270.274% of the position

Long on Nado Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.059%+$6 on $10k

Price spread, last 7 days−0.042%−$4 · spread now +0.005%, 7d avg −0.011%

Together, before fees+0.016%+ Points / potential airdropNado: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.059%, so the current rate has only just turned against you. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SNDK-PERP	1,779	0.0183	pay 0.0023% / 1h	39m 32s	$387K	$1.4M	10x
Short	Bitget SNDKUSDT	1,779.1	0	get 0.0000% / 8h	39m 32s	$49.6M	$170.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$38.37
Price spread: +0.005% → −0.011%: $1.58
Slippage, 4 orders: −$8.39
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$64.18
Costs to cover: 0.274%
Break-even: never at this rate

Slippage from Nado: live order book, 4 min ago; Bitget: 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 Nado live order book, 4 min ago	0.28 bp	7.2 bp −$7	17.2 bp −$172	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	0.37 bp	7.3 bp −$7	12.4 bp −$124	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	1,778.5	−0.028%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0062%	1h	1,778.2	−0.044%	$4.6M	$20.4M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,778.7	−0.018%	$2.2M	$21.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,779.3	+0.020%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,779	−0.001%	$284.5M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,779	+0.001%	$31.8M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,779	+0.001%	$87.3M	$845.4M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,778.9	−0.005%	$184.1M	$239.4M	75x	as long as short
Bitget SNDKUSDTshort	0.0000%	8h	1,779.1	+0.005%	$49.6M	$170.8M	75x
Variational Omni SNDK	0.0000%	8h	1,778.7	−0.018%	$2.6M	$4.7M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,779	0.000%	$12K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.6	−0.022%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,779.1	+0.005%	$14K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,778.6	−0.021%	$939	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,779.2	+0.012%	$50K	$281K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,778.6	−0.022%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,779	−0.001%	$2.8M	$1.0M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,778.7	−0.018%	$672	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,780.2	+0.069%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.1	+0.006%	$1.3M	$9.9M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,778.6	−0.020%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.179%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,778.5	−0.030%	$285K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.7	−0.019%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,778.9	−0.005%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,778.7	−0.016%	$113.4M	$151.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,778.9	−0.005%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,778.8	−0.009%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.8	−0.012%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778.7	−0.016%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778.7	−0.018%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,778.6	−0.022%	$442K	$2.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,778.8	−0.008%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,778.3	−0.041%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,778.9	−0.004%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,777.9	−0.063%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0152%	1h	1,779.8	+0.048%	$1.6M	$16.2M	20x	as long as short
Nado SNDK-PERPlong	+0.0183%	1h	1,779	long leg	$387K	$1.4M	10x
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,779.7	+0.041%	$129K	$407K	20x	as long as short
edgeX SNDKUSDC	+0.0896%	4h	1,778.5	−0.029%	$565K	$354K	10x	as long as short