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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0113%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h +0.071%
Price spread now: Kraken Futures against Nado+0.023%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.329%+$33 on $10k
Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.023%, 7d avg −0.026%
Together, before fees+0.211%+ Points / potential airdropNado: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.049% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SNDK-PERP1,768.10.0009pay 0.0001% / 1h7m 57s$329K$1.5M10x
ShortKraken Futures PF_SNDKUSD1,768.50.0121get 0.0015% / 1h7m 57s$127K$347K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
$23.65
Price spread: +0.023% → −0.026%
$4.87
Slippage, 4 orders
−$25.84
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$14.32
Costs to cover
0.428%
Break-even
11.2 days
Slippage from Nado: live order book, 1 min ago; Kraken Futures: live order book, 40 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 Nado live order book, 1 min ago0.28 bp6.8 bp −$717.8 bp −$178doesn't fitdoesn't fit
Sell Kraken Futures live order book, 40 min ago2.83 bp18.0 bp −$1844.4 bp −$444doesn'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−0.0284%8h1,768.3+0.009%$47.2M$164.9M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,767.5−0.035%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0029%8h1,767.8−0.018%$6.1M$22.2M20xas long as short
QFEX SNDK-USD−0.0004%1h1,767.7−0.023%$1.4M$10.6M10xas long as short
Aster SNDKUSD10.0000%8h1,769+0.048%$21.6M$33.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,768.7+0.034%$280.8M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,768.7+0.030%$31.8M$103.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,768.6+0.027%$82.3M$834.7M75xas long as short
RISEx SNDK/USDC0.0000%1h1,769.3+0.064%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,768−0.005%$176.6M$231.9M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,767.4−0.042%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,767.9−0.014%$16K$1.8M10xas long as short
Phoenix SNDK0.0000%1h1,767.4−0.041%$275K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,767.9−0.013%$14K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,767.7−0.022%$790$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,768.1−0.004%$51K$349K10xas long as short
HTX SNDK-USDT0.0000%8h1,767.9−0.016%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,768−0.009%$2.8M$1.1M50xas long as short
Nado SNDK-PERPlong+0.0009%1h1,768.1long leg$329K$1.5M10x
Vest SNDK-USD-PERP+0.0014%1h1,766.3−0.106%$581K10xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,766.3−0.106%$695$37K5xas long as short
Pacifica SNDK+0.0024%1h1,768−0.007%$197K$303K10xas long as short
Lighter RH SNDK+0.0032%1h1,768.4+0.015%$1.3M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,767.9−0.012%$445K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.800%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,765.9−0.126%$262K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,768.3+0.010%$243K$666K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,767.9−0.013%$119.1M$157.9M10xas long as short
Entropy io:SNDK+0.0050%1h1,766.5−0.092%$4.7M$19.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,767−0.064%$185K$131K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,768−0.010%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,769.8+0.095%$1.4M$5.1M5xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,770.1+0.113%$437K$2.3M10xas long as short
Lighter SNDK+0.0080%1h1,769.1+0.057%$1.8M$16.4M20xas long as short
Aevo SNDK-PERP+0.0080%1h1,767.6−0.028%$1K10xas long as short
SoDEX SNDK-USD+0.0083%1h1,768.1+0.001%$723K$520K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,768.4+0.014%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,767.6−0.028%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSDshort+0.0121%1h1,768.5+0.023%$127K$347K20x
edgeX SNDKUSDC+0.0984%4h1,766.9−0.067%$561K$351K10xas long as short