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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.016%
Price spread now: Nado against Popdex+0.019%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.088%−$9 on $10k
Price spread, last 4 days (all we have)+0.633%+$63 · spread now +0.019%, 7d avg +0.047%
Together, before fees+0.545%+ Points / potential airdropNado: Active · farm board+$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.028% cheaper against Popdex than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex SNDKUSDT1,767.50.0048pay 0.0006% / 1h3m 37s$244K$654K20x
ShortNado SNDK-PERP1,767.8−0.0002pay 0.0000% / 1h3m 37s$340K$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Popdex. 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
−$10.51
Price spread: +0.019% → +0.047%
−$2.8
Slippage, 4 orders
−$5.92
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$32.63
Costs to cover
0.193%
Break-even
never at this rate
Slippage from Popdex: live order book, 50 min ago; Nado: live order book, 5 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 Popdex live order book, 50 min ago0.56 bp3.8 bp −$46.1 bp −$61doesn't fitdoesn't fit
Sell Nado live order book, 5 min ago0.28 bp7.0 bp −$717.0 bp −$170doesn'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
BloFin SNDK-USDT−0.0120%8h1,766.5−0.057%$3.9M$4.4M75xas long as short
KuCoin SNDKUSDTM−0.0048%8h1,765.9−0.091%$6.1M$22.1M20xas long as short
Entropy io:SNDK−0.0028%1h1,766.4−0.062%$4.8M$19.8M10xas long as short
QFEX SNDK-USD−0.0019%1h1,766.9−0.033%$1.4M$11.9M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,767.2−0.016%$433K$2.3M10xas long as short
Nado SNDK-PERPshort−0.0002%1h1,767.8+0.019%$340K$1.5M10x
Aster SNDKUSD10.0000%8h1,766.1−0.080%$21.6M$32.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,765.3−0.122%$279.9M$1.83B75xas long as short
Bybit SNDKUSDT0.0000%8h1,765.5−0.111%$31.7M$102.4M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,764.3−0.181%$81.8M$826.8M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,765.4−0.117%$121K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,764.4−0.175%$176.9M$231.9M75xas long as short
Bitget SNDKUSDT0.0000%8h1,766−0.084%$44.2M$162.8M75xas long as short
Variational Omni SNDK0.0000%8h1,767.8+0.017%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,765.5−0.116%$10K$1.6M10xas long as short
Phoenix SNDK0.0000%1h1,767.6+0.006%$275K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,768+0.029%$14K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,767.4−0.007%$774$3.6M20xas long as short
HTX SNDK-USDT0.0000%8h1,767.8+0.015%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,768.4+0.052%$2.8M$1.1M50xas long as short
edgeX SNDKUSDC+0.0008%4h1,764.2−0.184%$560K$352K10xas long as short
Aftermath Perps SNDKUSD+0.0012%1h1,767.8+0.015%$658$38K5xas long as short
Vest SNDK-USD-PERP+0.0022%1h1,764.3−0.182%$591K10xas long as short
Lighter SNDK+0.0032%1h1,765.8−0.096%$1.8M$16.1M20xas long as short
Lighter RH SNDK+0.0032%1h1,766.1−0.077%$1.3M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,764.1−0.192%$424K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.836%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,766−0.084%$262K$1.5M10xas long as short
Popdex SNDKUSDTlong+0.0048%1h1,767.5long leg$244K$654K20x
Paradex SNDK-USD-PERP+0.0050%8h1,764.2−0.188%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,765.7−0.102%$117.2M$153.3M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,767.3−0.011%$185K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,767.3−0.009%$722K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,765.9−0.091%$1.4M$5.1M5xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0078%1h1,768.3+0.048%$51K$346K10xas long as short
Aevo SNDK-PERP+0.0080%1h1,767.9+0.021%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,765.8−0.099%$196K$296K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,765.9−0.090%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,767.1−0.021%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,768.4+0.049%$128K$355K20xas long as short