Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 59.390 | 0 | 0.0000% / 1h | 41m 14s | $22K | $196K | 10x | Long Phoenix | |
| SHORT | 59.430 | +0.0100 | get 0.0013% / 1h | 41m 14s | $317K | $419K | 10x | Short SoDEX |
Price gap+0.067%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.179% under its 7d average: −$18 if it goes back, about 6.0 days of funding. At the last 7 days' pace that is about 30 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6+0.0100% /8h now · paid +0.056% over the last 9 hours (all we have)
Price−$18spread +0.067% now, avg +0.247% → −0.179% if it goes back
Costs−$760.756% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.067%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCRWV on 31 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size15.5 / 22.1 bpAt $10k entering SoDEX costs 22.1 bp, fee and slippage, 1.4× Phoenix’s.
- Note: Margin at max leverage$1,000 + $1,000Phoenix 10x, SoDEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$3.00Long Phoenix: 24 payments, $0.00; short SoDEX: 24 payments, +$3.00.
- Watch: Gap narrower than usual+0.067% vs +0.247%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$22K vs $317K OIPhoenix sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPhoenix No · SoDEX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0483%/8h × 21 periods+$101.34
Price spread+0.067% → +0.247% (7d avg)−$17.92
Slippage, 4 orderslive order books−$60.65
Fee Phoenix bp × 2 orders−$7.00
Fee SoDEX bp × 2 orders−$8.00
Net · 7 days · $10k+$7.77
Costs to cover0.756%Break-even6.5 days
Slippage: Phoenix: live order book, 63 min ago; SoDEX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix3.3815.5 bp−$1532.9 bp−$329doesn’t fitdoesn’t fit
SELL · SHORTSoDEX0.8422.1 bp−$2297.1 bp−$971doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 15:07 | Vest Markets | Other | Neocloud shares are rebounding from an October selloff, with $NBIS up around 9%, $IREN 6% and $CRWV 5%. Nebius CEO Arkady Volozh said customer advances and other instruments should fund its planned gigawatt, alongside a $3.5B Citi facility and $40B+ in commitments. Trade $NBIS and broader AI infrastructure volatility with a Vest Capital funded account and access up to $50k in trading capital. @VestExchange on X ↗ |
| 10-27 12:35 | SoDEX | Other | 🚀 Week 8 of Layer1 Season is in the books. 🔥 SoDEX open interest has climbed to $312M, surpassing the $300M milestone! A huge thank you to everyone trading, growing their squads, and driving SoDEX forward. ❤️ Eight weeks down. Twelve more to go. ⚡ New Bonus: ZEC-USD, NEAR-USD, BRENTOIL-USD, KORU-USD, MCD-USD, NKE-USD, CRWV-USD, CRWD-USD perps to earn 1.2× SoPoints on trading volume! Let's keep the momentum going! 🚀 @sodex_official on X ↗ |
| 10-27 11:38 | SoDEX | Other | What These Markets Track $MCD — McDonald's: One of the world's largest restaurant chains, operating a global network of franchised and company-operated restaurants. Its performance is influenced by consumer spending, restaurant traffic, and global economic conditions. $NKE — Nike: A global leader in athletic footwear, apparel, and sportswear, with performance driven by consumer demand, brand strength, product innovation, and international retail trends. $CRWV — CoreWeave: An AI-focused cloud infrastructure provider specializing in GPU-accelerated computing for AI training and inference, offering exposure to growing demand for AI infrastructure and computing capacity. $CRWD — CrowdStrike: A leading cybersecurity company known for its cloud-native Falcon platform, providing AI-powered threat detection, endpoint protection, and enterprise security solutions. @sodex_official on X ↗ |
| 10-27 11:38 | SoDEX | Other | Listing Details 1. MCD-USD — McDonald's Corporation Trading pair: MCD-USD (Perpetual) Underlying asset: McDonald's Corporation (NYSE: MCD) Trading link: 2. NKE-USD — Nike, Inc. Trading pair: NKE-USD (Perpetual) Underlying asset: Nike, Inc. (NYSE: NKE) Trading link: 3. CRWV-USD — CoreWeave, Inc. Trading pair: CRWV-USD (Perpetual) Underlying asset: CoreWeave, Inc. (Nasdaq: CRWV) Trading link: 4. CRWD-USD — CrowdStrike Holdings, Inc. Trading pair: CRWD-USD (Perpetual) Underlying asset: CrowdStrike Holdings, Inc. (Nasdaq: CRWD) Trading link: @sodex_official on X ↗ |
| 10-27 11:38 | SoDEX | Listing | 🚀 4 New Perpetuals Are LIVE on SoDEX! By community request, $MCD, $NKE, $CRWV & $CRWD are now live! 🔥 Max Leverage: 🍔 $MCD-USD — 20x: 👟 $NKE-USD — 20x: ☁️ $CRWV-USD — 10x: 🛡️ $CRWD-USD — 25x: 🎁 Earn MORE SoPoints! All 4 pairs enjoy a 1.2× SoPoints boost on trading volume! ⚡ Trade 24/7, 365 days a year, on-chain! 👉 Trade now @sodex_official on X ↗ |
| 10-27 08:49 | SoDEX | Listing | new market CRWV-USD ($CRWV) seen by our collector |

