Funding you earn now, next payment 01:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.10 per $10,000 · paid last 24h −0.014%
Price spread now: Phoenix against Injective−0.848%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phoenix is 0.848% cheaper against Injective than usual: you would sell low and buy high (−$85 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SNDK/USDC PERP | 1,800 | 0.0033 | pay 0.0004% / 1h | 1m 49s | $36 | $9K | 12x |
| Short | Phoenix SNDK | 1,784.7 | −0.0045 | pay 0.0006% / 1h | 1m 49s | $278K | $193K | 15x |
Injective SNDK/USDC PERP
Phoenix SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Injective. 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
- −$16.39
- Price spread: −0.848% → 0.000%
- −$84.78
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$108.19
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Phoenix: live order book, 63 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 Injective no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 63 min ago | 3.91 bp | 12.5 bp −$13 | 27.3 bp −$273 | doesn't fit | doesn't fit |
Injective: 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 | −0.848% | $278K | $193K | 15x | |
| Nado SNDK-PERP | −0.0034% | 1h | 1,785.9 | −0.783% | $359K | $1.4M | 10x | as long as short |
| Entropy io:SNDK | −0.0028% | 1h | 1,785 | −0.831% | $4.9M | $20.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,785.4 | −0.808% | $1.6M | $15.6M | 10x | as long as short |
| tradeXYZ xyz:SNDK | −0.0007% | 1h | 1,784.8 | −0.842% | $114.5M | $145.9M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,785.9 | −0.781% | $21.8M | $37.1M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,785.3 | −0.816% | $285.7M | $1.81B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,785.8 | −0.784% | $32.1M | $99.7M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,785 | −0.831% | $85.4M | $822.4M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,785.2 | −0.818% | $180.6M | $232.7M | 75x | as long as short |
Nado SNDK-PERP
Entropy io:SNDK
QFEX SNDK-USD
tradeXYZ xyz:SNDK
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDTShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | 0.0000% | 8h | 1,785.2 | −0.821% | $43.8M | $163.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,784.8 | −0.840% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,784.8 | −0.841% | $19K | $1.2M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,786.2 | −0.764% | $15K | $292K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,785.1 | −0.827% | $750 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,786.3 | −0.762% | $51K | $331K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,784.9 | −0.839% | $1.4M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,785.8 | −0.786% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0003% | 1h | 1,785.6 | −0.799% | $664 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,785.9 | −0.783% | $1.7M | $16.3M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,785.5 | −0.804% | $1.4M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,785.6 | −0.798% | $477K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERPlong | +0.0033% | 1h | 1,800 | long leg | $36 | $9K | 12x | |
| Arcus SNDK-USD | +0.0040% | 1h | 1,783.9 | −0.892% | $311K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,784.8 | −0.841% | — | $584K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0048% | 8h | 1,785.6 | −0.800% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,786 | −0.776% | $246K | $644K | 20x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,785.8 | −0.787% | $187K | $134K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,785.5 | −0.804% | $730K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,784.8 | −0.842% | $1.4M | $5.0M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,785.5 | −0.805% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,784 | −0.886% | $436K | $2.3M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,785.9 | −0.783% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,784.7 | −0.846% | $6.1M | $21.6M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,785.1 | −0.824% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,785.4 | −0.808% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0132% | 1h | 1,786.5 | −0.745% | $130K | $357K | 20x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,786.5 | −0.748% | $170K | $1.8M | 20x | as long as short |
| edgeX SNDKUSDC | +0.0998% | 4h | 1,783.6 | −0.908% | $566K | $353K | 10x | as long as short |
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
Arcus SNDK-USD
Vest SNDK-USD-PERP
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
RISEx SNDK/USDC
edgeX SNDKUSDC