Funding you earn now, next payment 01:00 UTC−0.0125%/8h= −13.7% APRnext payment −$0.16 per $10,000 · paid last 24h −0.043%
Price spread now: Phoenix against Aevo+0.030%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Phoenix is 0.030% dearer against Aevo than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo SNDK-PERP | 1,784.2 | 0.0080 | pay 0.0010% / 1h | 1m 08s | $1K | — | 10x |
| Short | Phoenix SNDK | 1,784.7 | −0.0045 | pay 0.0006% / 1h | 1m 08s | $278K | $193K | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aevo. 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
- −$26.19
- Price spread: +0.030% → 0.000%
- $3.01
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$46.18
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Phoenix: live order book, 64 min ago. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 64 min ago | 3.91 bp | 12.5 bp −$13 | 27.3 bp −$273 | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SNDK on 39 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDKshort | −0.0045% | 1h | 1,784.7 | +0.030% | $278K | $193K | 15x | |
| Nado SNDK-PERP | −0.0033% | 1h | 1,785.9 | +0.099% | $359K | $1.4M | 10x | as long as short |
| Entropy io:SNDK | −0.0028% | 1h | 1,785 | +0.047% | $4.9M | $20.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,784.5 | +0.021% | $1.6M | $15.6M | 10x | as long as short |
| tradeXYZ xyz:SNDK | −0.0006% | 1h | 1,784.3 | +0.008% | $114.5M | $145.9M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,785.7 | +0.087% | $21.8M | $37.1M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,784 | −0.010% | $285.4M | $1.81B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,784.9 | +0.041% | $32.1M | $99.7M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,784.2 | +0.002% | $85.3M | $821.9M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,784.7 | +0.027% | $180.6M | $232.7M | 75x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | 0.0000% | 8h | 1,784.5 | +0.018% | $43.8M | $163.6M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,784.2 | +0.004% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,785.5 | +0.077% | $19K | $1.2M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,784.5 | +0.018% | $15K | $292K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,783.7 | −0.025% | $749 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,785 | +0.045% | $51K | $331K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,784.9 | +0.038% | $1.4M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,784.6 | +0.025% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0003% | 1h | 1,785.6 | +0.083% | $664 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,785.6 | +0.080% | $1.7M | $16.3M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,785.1 | +0.054% | $1.4M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,784.6 | +0.023% | $477K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.885% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,784 | −0.010% | $311K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,784 | −0.011% | — | $584K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0048% | 8h | 1,785 | +0.045% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,784.6 | +0.024% | $246K | $644K | 20x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,784 | −0.009% | $187K | $134K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,784.6 | +0.026% | $730K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,784.8 | +0.036% | $1.4M | $5.0M | 5x | as long as short |
| Aevo SNDK-PERPlong | +0.0080% | 1h | 1,784.2 | long leg | $1K | — | 10x | |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,784 | −0.008% | $436K | $2.3M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,784.9 | +0.044% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,784.2 | +0.003% | $6.1M | $21.6M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,785.6 | +0.082% | $69K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,784.2 | +0.004% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0132% | 1h | 1,785.2 | +0.057% | $130K | $355K | 20x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,785.7 | +0.086% | $170K | $1.8M | 20x | as long as short |
| edgeX SNDKUSDC | +0.0444% | 4h | 1,785 | +0.048% | $567K | $353K | 10x | as long as short |
Phoenix SNDK
tradeXYZ xyz:SNDK
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Kraken Futures PF_SNDKUSD
RISEx SNDK/USDC
edgeX SNDKUSDC