SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.02 per $10,000 · paid last 24h +0.002%

Price spread now: Nado against QFEX+0.080%7-day average +0.054% · 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−$21as in the Price arb table

costs, in and out, $10k−$240.237% of the position

Long on QFEX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.039%−$4 on $10k

Price spread, last 7 days−0.226%−$23 · spread now +0.080%, 7d avg +0.054%

Together, before fees−0.265%+ Points / potential airdropNado: Active · farm board−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.026% dearer against QFEX than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of +0.054%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SNDK-USD	1,778.2	−0.0019	get 0.0002% / 1h	40m 54s	$1.4M	$12.2M	10x
Short	Nado SNDK-PERP	1,779.6	−0.0038	pay 0.0005% / 1h	40m 54s	$346K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against QFEX. 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 QFEXbpFee NadobpOrdersPrice spread, now +0.080%Rate

Funding earned: −$4.13
Price spread: +0.080% → +0.054%: $2.64
Slippage, 4 orders: −$6.73
Fee QFEX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$25.22
Costs to cover: 0.237%
Break-even: never at this rate

Slippage from QFEX: live order book, 13 min ago; Nado: 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 QFEX live order book, 13 min ago	0.14 bp	6.2 bp −$6	7.7 bp −$77	11.4 bp −$1,138	doesn't fit
Sell Nado live order book, 3 min ago	0.28 bp	6.2 bp −$6	16.2 bp −$162	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
BloFin SNDK-USDT	−0.0120%	8h	1,777	−0.064%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0101%	1h	1,779.9	+0.098%	$4.8M	$19.9M	10x	as long as short
KuCoin SNDKUSDTM	−0.0043%	8h	1,777.6	−0.032%	$6.1M	$22.1M	20x	as long as short
Nado SNDK-PERPshort	−0.0038%	1h	1,779.6	+0.080%	$346K	$1.5M	10x
QFEX SNDK-USDlong	−0.0019%	1h	1,778.2	long leg	$1.4M	$12.2M	10x
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,780.2	+0.115%	$433K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,778.2	+0.004%	$21.7M	$33.0M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,777.2	−0.055%	$283.1M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,777.8	−0.020%	$32.4M	$101.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,776.8	−0.076%	$83.0M	$824.5M	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	1,779	+0.046%	$170K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,776.9	−0.069%	$179.2M	$229.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,776.9	−0.069%	$43.7M	$162.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,777.2	−0.055%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,780.4	+0.125%	$17K	$1.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,782.2	+0.227%	$278K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,777.8	−0.019%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,775.9	−0.126%	$723	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,777.9	−0.013%	$51K	$346K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,777.1	−0.060%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,777.7	−0.024%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0006%	1h	1,781.2	+0.170%	$663	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,778.3	+0.008%	$1.7M	$15.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,778	−0.010%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,777.3	−0.046%	$435K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.226%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,779.7	+0.086%	$265K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,777.4	−0.040%	—	$580K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,778.4	+0.013%	$245K	$651K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.7	+0.033%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,777	−0.065%	$117.3M	$150.9M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,778.3	+0.008%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,777.2	−0.053%	$726K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,780.4	+0.126%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,777.4	−0.045%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,779.1	+0.055%	$198K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,780.5	+0.133%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,776.5	−0.091%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,778	−0.007%	$130K	$352K	20x	as long as short
edgeX SNDKUSDC	+0.0553%	4h	1,779.1	+0.054%	$565K	$351K	10x	as long as short