Funding you earn now, next payment 03:00 UTC+0.0059%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.006%
Price spread now: tradeXYZ against Nado−0.038%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.318% of the position
Funding, last 3 days (all we have)+0.041%+$4 on $10k
+Price spread, last 7 days−0.035%−$3 · spread now −0.038%, 7d avg −0.066%
=Together, before fees+0.006%+ Points / potential airdropNado: Active · tradeXYZ: Active · farm board+$1 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 tradeXYZ is 0.028% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SNDK-PERP | 1,790.5 | −0.0050 | get 0.0006% / 1h | 0m 55s | $360K | $1.4M | 10x |
| Short | tradeXYZ xyz:SNDK | 1,789.8 | 0.0009 | get 0.0001% / 1h | 0m 55s | $114.8M | $145.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $12.36
- Price spread: −0.038% → −0.066%
- $2.82
- Slippage, 4 orders
- −$6.79
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$16.61
- Costs to cover
- 0.318%
- Break-even
- 16.4 days
Slippage from Nado: live order book, 3 min ago; tradeXYZ: live order book, 9 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 | 0.28 bp | 6.4 bp −$6 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.28 bp | 9.6 bp −$10 | 10.1 bp −$101 | 14.7 bp −$1,474 | 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 | 1,789.6 | −0.049% | $4.1M | $4.4M | 75x | as long as short |
| Phoenix SNDK | −0.0090% | 1h | 1,789.9 | −0.032% | $279K | $193K | 15x | as long as short |
| Entropy io:SNDK | −0.0050% | 1h | 1,789.7 | −0.043% | $4.9M | $20.0M | 10x | as long as short |
| Nado SNDK-PERPlong | −0.0050% | 1h | 1,790.5 | long leg | $360K | $1.4M | 10x | |
| Deribit SNDK_USDC-PERPETUAL | −0.0029% | 1h | 1,790 | −0.029% | $51K | $343K | 10x | as long as short |
| QFEX SNDK-USD | −0.0023% | 1h | 1,789.2 | −0.072% | $1.5M | $14.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,789.9 | −0.033% | $21.8M | $35.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,789.8 | −0.037% | $287.1M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,790.4 | −0.006% | $32.5M | $99.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,789.8 | −0.038% | $85.0M | $825.4M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,790.6 | +0.005% | $170K | $1.8M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,790.1 | −0.023% | $180.1M | $231.7M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,789.8 | −0.040% | $43.9M | $161.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,789 | −0.081% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,789.5 | −0.054% | $14K | $1.3M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,789.4 | −0.061% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,788.2 | −0.125% | $839 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,789 | −0.085% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,789.8 | −0.037% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0002% | 1h | 1,790.1 | −0.022% | $666 | $37K | 5x | as long as short |
| tradeXYZ xyz:SNDKshort | +0.0009% | 1h | 1,789.8 | −0.038% | $114.8M | $145.8M | 10x | |
| Coinbase International SNDK-PERP-INTX | +0.0024% | 1h | 1,785.7 | −0.267% | $439K | $2.3M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,791 | +0.029% | $1.7M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,790.5 | 0.000% | $1.4M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,790.4 | −0.002% | $450K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.530% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,788.4 | −0.115% | $313K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0044% | 8h | 1,788.9 | −0.091% | $6.1M | $22.1M | 20x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,789.5 | −0.053% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,789.4 | −0.060% | $246K | $647K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,789.4 | −0.058% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,789 | −0.082% | $188K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,789.8 | −0.039% | $732K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,789.4 | −0.060% | $1.4M | $5.1M | 5x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0058% | 1h | 1,790.1 | −0.023% | $130K | $352K | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,789.2 | −0.071% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0094% | 1h | 1,789.5 | −0.055% | $199K | $287K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,789.6 | −0.047% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,789.1 | −0.079% | $8K | $3K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0142% | 4h | 1,789.8 | −0.039% | $568K | $353K | 10x | as long as short |
tradeXYZ xyz:SNDK
BloFin SNDK-USDT
Phoenix SNDK
Deribit SNDK_USDC-PERPETUAL
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Coinbase International SNDK-PERP-INTX
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
KuCoin SNDKUSDTM
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Kraken Futures PF_SNDKUSD
Pacifica SNDK
ApeX Omni SNDKUSDT
edgeX SNDKUSDC