Funding you earn now, next payment 09:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h −0.004%
Price spread now: Phemex against Nado+0.120%7-day average −0.023% · 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−$48as in the Price arb table
costs, in and out, $10k−$620.621% of the position
Funding, last 4 days (all we have)+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−0.261%−$26 · spread now +0.120%, 7d avg −0.023%
=Together, before fees−0.216%+ Points / potential airdropNado: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Phemex is 0.142% dearer against Nado than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SNDK-PERP | 1,750.2 | −0.0015 | get 0.0002% / 1h | 20m 49s | $333K | $1.5M | 10x |
| Short | Phemex SNDKUSDT | 1,752.3 | 0 | get 0.0000% / 8h | 7h 20m | $2.8M | $1.1M | 50x |
Nado SNDK-PERP
Phemex SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.13
- Price spread: +0.120% → −0.023%
- $14.24
- Slippage, 4 orders
- −$43.05
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$44.68
- Costs to cover
- 0.621%
- Break-even
- 106.8 days
Slippage from Nado: live order book, 3 min ago; Phemex: live order book, 3 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, 3 min ago | 0.29 bp | 6.0 bp −$6 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 3.43 bp | 15.7 bp −$16 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | −0.0285% | 8h | 1,747.9 | −0.128% | $19K | $2.2M | 10x | as long as short |
| Bitget SNDKUSDT | −0.0216% | 8h | 1,751.7 | +0.085% | $49.9M | $168.1M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,752.3 | +0.122% | $4.0M | $4.6M | 75x | as long as short |
| HTX SNDK-USDT | −0.0050% | 8h | 1,751.1 | +0.054% | $1.4M | $10.0M | 50x | as long as short |
| KuCoin SNDKUSDTM | −0.0037% | 8h | 1,751.4 | +0.071% | $6.0M | $22.6M | 20x | as long as short |
| Nado SNDK-PERPlong | −0.0015% | 1h | 1,750.2 | long leg | $333K | $1.5M | 10x | |
| QFEX SNDK-USD | −0.0002% | 1h | 1,750.5 | +0.022% | $1.4M | $9.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,751.7 | +0.087% | $21.3M | $32.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,751.7 | +0.089% | $278.9M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,752.1 | +0.111% | $32.0M | $105.0M | 100x | as long as short |
GRVT SNDK_USDT_Perp
Bitget SNDKUSDT
BloFin SNDK-USDT
HTX SNDK-USDT
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,751.7 | +0.088% | $81.8M | $827.5M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,749.3 | −0.047% | $135K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,751.7 | +0.089% | $179.9M | $220.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,752.6 | +0.138% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,747.4 | −0.158% | $272K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,751.6 | +0.080% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,751 | +0.045% | $970 | $3.3M | 20x | as long as short |
| Phemex SNDKUSDTshort | 0.0000% | 8h | 1,752.3 | +0.120% | $2.8M | $1.1M | 50x | |
| Vest SNDK-USD-PERP | +0.0011% | 1h | 1,749.4 | −0.043% | — | $581K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0013% | 1h | 1,747.4 | −0.158% | $703 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,753 | +0.163% | $1.7M | $16.6M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,752.3 | +0.121% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,752.1 | +0.111% | $385K | $2.2M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.845% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,750.2 | +0.004% | $250K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,751.1 | +0.054% | $248K | $666K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,750.4 | +0.013% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,752.1 | +0.111% | $118.9M | $158.8M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,748.3 | −0.106% | $4.5M | $19.4M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,750.6 | +0.025% | $184K | $129K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,750.2 | +0.002% | $716K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,750.5 | +0.019% | $1.3M | $5.3M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,751.4 | +0.072% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,750.5 | +0.019% | $196K | $310K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,748.1 | −0.120% | $67K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,750.7 | +0.031% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,751.1 | +0.054% | $428K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0285% | 1h | 1,752.4 | +0.126% | $128K | $350K | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0298% | 1h | 1,752.5 | +0.134% | $50K | $360K | 10x | as long as short |
| edgeX SNDKUSDC | +0.0926% | 4h | 1,747.1 | −0.172% | $555K | $349K | 10x | as long as short |
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
Deribit SNDK_USDC-PERPETUAL
edgeX SNDKUSDC