SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.011%

Price spread now: Nado against SoDEX−0.023%7-day average +0.046% · 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−$35as in the Price arb table

costs, in and out, $10k−$280.281% of the position

Long on SoDEX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.105%−$11 on $10k

Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.023%, 7d avg +0.046%

Together, before fees+0.065%+ Points / potential airdropNado: Active · farm board+$7 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 0.069% cheaper against SoDEX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.046%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SNDK-USD	1,751.6	0.0050	pay 0.0006% / 1h	20m 12s	$716K	$521K	10x
Short	Nado SNDK-PERP	1,751.2	−0.0013	pay 0.0002% / 1h	20m 12s	$333K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against SoDEX. 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 SoDEXbpFee NadobpOrdersPrice spread, now −0.023%Rate

Funding earned: −$13.31
Price spread: −0.023% → +0.046%: −$6.91
Slippage, 4 orders: −$13.09
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$48.31
Costs to cover: 0.281%
Break-even: never at this rate

Slippage from SoDEX: live order book, 14 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 SoDEX live order book, 14 min ago	0.03 bp	7.7 bp −$8	42.6 bp −$426	doesn't fit	doesn't fit
Sell Nado live order book, 3 min ago	0.29 bp	6.7 bp −$7	15.1 bp −$151	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	−0.208%	$19K	$2.2M	10x	as long as short
Bitget SNDKUSDT	−0.0212%	8h	1,752	+0.022%	$49.8M	$168.2M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,752.3	+0.042%	$4.0M	$4.6M	75x	as long as short
KuCoin SNDKUSDTM	−0.0035%	8h	1,751.9	+0.020%	$6.0M	$22.6M	20x	as long as short
Nado SNDK-PERPshort	−0.0013%	1h	1,751.2	−0.023%	$333K	$1.5M	10x
QFEX SNDK-USD	−0.0002%	1h	1,752.3	+0.044%	$1.4M	$9.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,753	+0.082%	$21.4M	$32.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,752.4	+0.047%	$279.0M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,752.7	+0.065%	$32.0M	$105.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,752.5	+0.053%	$82.1M	$826.2M	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	1,752.3	+0.040%	$136K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,752.3	+0.043%	$179.9M	$220.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,752.6	+0.057%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,747.4	−0.238%	$272K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,752.5	+0.053%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,752.2	+0.035%	$792	$3.3M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,751.8	+0.012%	$1.4M	$10.0M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,752.4	+0.048%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0012%	1h	1,751.1	−0.027%	—	$581K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,748.2	−0.194%	$704	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,753.1	+0.086%	$1.7M	$16.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,752.6	+0.061%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,751.1	−0.029%	$385K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.763%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,751.1	−0.025%	$250K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,752.5	+0.053%	$245K	$668K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,751.6	0.000%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,751.8	+0.013%	$118.9M	$158.8M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,749.7	−0.107%	$4.5M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,750.6	−0.055%	$184K	$129K	10x	as long as short
SoDEX SNDK-USDlong	+0.0050%	1h	1,751.6	long leg	$716K	$521K	10x
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,751.6	+0.002%	$1.3M	$5.3M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,751.7	+0.008%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,752	+0.026%	$196K	$310K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,748.1	−0.200%	$67K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,751.2	−0.019%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,752.9	+0.074%	$427K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0285%	1h	1,752.8	+0.070%	$128K	$350K	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0304%	1h	1,753	+0.084%	$50K	$360K	10x	as long as short
edgeX SNDKUSDC	+0.0926%	4h	1,747.1	−0.252%	$555K	$349K	10x	as long as short