Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Phemex against Orderly+0.033%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. Phemex is 0.033% dearer against Orderly than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SNDK_USDC_mythos | 1,761.6 | 0.0100 | pay 0.0100% / 8h | 17m 39s | $8K | $3K | 20x |
| Short | Phemex SNDKUSDT | 1,762.2 | 0 | get 0.0000% / 8h | 17m 39s | $2.8M | $1.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Orderly. 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
- −$21
- Price spread: +0.033% → 0.000%
- $3.35
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$35.65
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 6 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 6 min ago | 4.01 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0267% | 8h | 1,762.4 | +0.048% | $48.2M | $165.9M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,761.9 | +0.017% | $4.0M | $4.6M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0012% | 8h | 1,761.6 | +0.001% | $6.0M | $22.5M | 20x | as long as short |
| Nado SNDK-PERP | −0.0009% | 1h | 1,761.9 | +0.022% | $330K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,761.8 | +0.015% | $1.4M | $9.9M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,762.3 | +0.045% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,762.1 | +0.029% | $280.2M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,762.3 | +0.043% | $31.8M | $103.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,762.1 | +0.031% | $82.3M | $833.7M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,762.9 | +0.075% | $120K | $1.6M | 20x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,762.3 | +0.039% | $179.4M | $229.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,760.4 | −0.063% | $2.5M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,761.5 | −0.006% | $26K | $2.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,761 | −0.032% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,762 | +0.025% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,761.5 | −0.005% | $1K | $3.4M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,761.6 | +0.003% | $51K | $355K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,761.4 | −0.007% | $1.4M | $10.5M | 50x | as long as short |
| Phemex SNDKUSDTshort | 0.0000% | 8h | 1,762.2 | +0.033% | $2.8M | $1.1M | 50x | |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,761.6 | +0.002% | $677 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0016% | 1h | 1,759.7 | −0.106% | — | $579K | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,763.3 | +0.098% | $1.8M | $16.4M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,762.6 | +0.058% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,761.6 | +0.002% | $495K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.180% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,760.4 | −0.065% | $254K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,762.1 | +0.031% | $242K | $651K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,762.5 | +0.053% | $119.8M | $157.8M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,761.4 | −0.009% | $4.6M | $19.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,760.8 | −0.043% | $185K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,761.9 | +0.018% | $720K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,761.6 | +0.003% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,762 | +0.025% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,761.5 | −0.001% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,762 | +0.025% | $197K | $307K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,760.2 | −0.078% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythoslong | +0.0100% | 8h | 1,761.6 | long leg | $8K | $3K | 20x | |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,760.1 | −0.086% | $428K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0274% | 1h | 1,762.3 | +0.042% | $127K | $338K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0444% | 4h | 1,758.8 | −0.159% | $559K | $350K | 10x | as long as short |
Phemex SNDKUSDT
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC