Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against Phemex−0.080%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$650.654% of the position
Funding, last 7 days+0.230%+$23 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.080%, 7d avg +0.016%
=Funding pays, the price is against you. ApeX Omni is 0.096% cheaper against Phemex than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of +0.016%). If the spread goes back, that is −$10 on $10k: about 3.2 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SNDKUSDT | 1,764.1 | 0 | get 0.0000% / 8h | 4h 46m | $2.8M | $1.1M | 50x |
| Short | ApeX Omni SNDKUSDT | 1,762.7 | 0.0100 | get 0.0013% / 1h | 46m 35s | $68K | $271K | 50x |
Phemex SNDKUSDT
ApeX Omni SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phemex. 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: −0.080% → +0.016%
- −$9.55
- Slippage, 4 orders
- −$43.41
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$53.96
- Costs to cover
- 0.654%
- Break-even
- 25.0 days
Slippage from Phemex: live order book, 5 min ago; ApeX Omni: live order book, 59 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 Phemex live order book, 5 min ago | 1.50 bp | 27.9 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 59 min ago | 5.47 bp | 10.5 bp −$10 | 37.5 bp −$375 | doesn't fit | doesn't fit |
SNDK on 40 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SNDKUSD | −0.0127% | 1h | 1,763.6 | −0.029% | $166K | $378K | 20x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,763.4 | −0.044% | $3.9M | $4.7M | 75x | as long as short |
| Entropy io:SNDK | −0.0005% | 1h | 1,763.2 | −0.053% | $4.5M | $19.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,764 | −0.006% | $21.5M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,763.2 | −0.053% | $280.8M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,763.7 | −0.023% | $31.4M | $107.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,763.9 | −0.013% | $79.2M | $842.7M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,763.3 | −0.045% | $146K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,763.6 | −0.029% | $180.7M | $210.5M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,763.3 | −0.047% | $48.5M | $172.3M | 75x | as long as short |
Kraken Futures PF_SNDKUSD
BloFin SNDK-USDT
Entropy io:SNDK
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDTShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,765.2 | +0.061% | $2.7M | $4.4M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,762.6 | −0.087% | $22K | $2.7M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,765 | +0.050% | $13K | $289K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,764.4 | +0.016% | $928 | $3.1M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,763.3 | −0.047% | $1.5M | $9.9M | 50x | as long as short |
| Phemex SNDKUSDTlong | 0.0000% | 8h | 1,764.1 | long leg | $2.8M | $1.1M | 50x | |
| QFEX SNDK-USD | +0.0004% | 1h | 1,763.4 | −0.044% | $1.5M | $9.3M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0024% | 1h | 1,765.3 | +0.065% | $674 | $39K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,763.3 | −0.045% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,761.8 | −0.131% | $421K | $2.4M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.031% | $36 | $4K | 12x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0039% | 1h | 1,764.2 | +0.003% | $19K | $450K | 10x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,762.8 | −0.075% | $260K | $1.4M | 10x | as long as short |
| Phoenix SNDK | +0.0045% | 1h | 1,761.4 | −0.155% | $274K | $178K | 15x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,763.3 | −0.048% | — | $570K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,763.6 | −0.030% | $243K | $700K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,763 | −0.064% | $122.5M | $151.4M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,764.5 | +0.021% | $193K | $166K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,763.6 | −0.033% | $722K | $529K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,764.1 | −0.002% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0051% | 8h | 1,762.6 | −0.085% | — | — | 5x | as long as short |
| Nado SNDK-PERP | +0.0069% | 1h | 1,763.1 | −0.058% | $321K | $1.5M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,763.7 | −0.026% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,763.3 | −0.047% | $192K | $305K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,763.2 | −0.051% | $6.1M | $23.0M | 20x | as long as short |
| ApeX Omni SNDKUSDTshort | +0.0100% | 1h | 1,762.7 | −0.080% | $68K | $271K | 50x | |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,762.7 | −0.079% | $9K | $6K | 20x | as long as short |
| Lighter SNDK | +0.0104% | 1h | 1,763.9 | −0.015% | $1.8M | $16.5M | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0176% | 1h | 1,761.9 | −0.128% | $446K | $2.1M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0947% | 4h | 1,761.7 | −0.139% | $560K | $339K | 10x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
QFEX SNDK-USD
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Deribit SNDK_USDC-PERPETUAL
Arcus SNDK-USD
Phoenix SNDK
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Nado SNDK-PERP
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
Orderly PERP_SNDK_USDC_mythos
Lighter SNDK
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC