Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0075%/8h= +8.2% APRpaid last 24h −0.006%

Price spread now: OKX against Nado+0.012%7-day average −0.020% · 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−$18as in the Price arb table

costs, in and out, $10k−$210.211% of the position

Long on Nado Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.013%+$1 on $10k

Price spread, last 7 days+0.116%+$12 · spread now +0.012%, 7d avg −0.020%

Together, before fees+0.129%+ Points / potential airdropNado: Active · farm board+$13 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 OKX is 0.031% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SNDK-PERP	1,790.4	−0.0075	get 0.0009% / 1h	11m 51s	$349K	$1.5M	10x
Short	OKX SNDK-USDT-SWAP	1,790.6	0	get 0.0000% / 8h	4h 11m	$84.1M	$827.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.012%Rate

Funding earned: $15.7
Price spread: +0.012% → −0.020%: $3.15
Slippage, 4 orders: −$4.05
Fee Nado: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$2.2
Costs to cover: 0.211%
Break-even: 8.0 days

Slippage from Nado: live order book, 2 min ago; OKX: live order book, 2 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	0.28 bp	4.3 bp −$4	13.7 bp −$137	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.28 bp	5.3 bp −$5	5.9 bp −$59	11.0 bp −$1,103	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	1,790.2	−0.012%	$4.0M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0089%	1h	1,790	−0.022%	$279K	$193K	15x	as long as short
Nado SNDK-PERPlong	−0.0075%	1h	1,790.4	long leg	$349K	$1.5M	10x
Entropy io:SNDK	−0.0059%	1h	1,789.7	−0.039%	$4.9M	$20.0M	10x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,789.8	−0.032%	$1.4M	$13.2M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,790.7	+0.017%	$437K	$2.3M	10x	as long as short
KuCoin SNDKUSDTM	−0.0016%	8h	1,789.7	−0.041%	$6.1M	$22.3M	20x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,790.6	+0.011%	$21.8M	$36.0M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,790.5	+0.006%	$285.9M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,790.9	+0.029%	$32.7M	$100.5M	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-SWAPshort	0.0000%	8h	1,790.6	+0.012%	$84.1M	$827.0M	75x
RISEx SNDK/USDC	0.0000%	1h	1,791	+0.034%	$171K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,790.6	+0.009%	$180.3M	$231.1M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,790.1	−0.015%	$44.0M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789.7	−0.040%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.6	−0.043%	$13K	$1.4M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,790.1	−0.015%	$14K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,789.1	−0.074%	$923	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,790.7	+0.018%	$51K	$345K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.5	−0.050%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,790.5	+0.004%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,790.6	+0.010%	$666	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,791.3	+0.051%	$1.7M	$15.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,791	+0.034%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,790.4	+0.002%	$453K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.534%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.6	−0.101%	$278K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,790.8	+0.021%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,789.7	−0.039%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,790.4	0.000%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,789.7	−0.039%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,790.7	+0.017%	$118.0M	$148.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,789.9	−0.027%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.9	−0.025%	$732K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,790.1	−0.016%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.8	−0.031%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,790.2	−0.012%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,789.7	−0.041%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789.7	−0.038%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0346%	4h	1,789.1	−0.075%	$568K	$353K	10x	as long as short