Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.056%
Price spread now: Ondo Perps against Phemex+0.020%7-day average −0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 3 days (all we have)+0.018%+$2 · spread now +0.020%, 7d avg −0.005%
=Together, before fees+0.095%+ Points / potential airdropOndo Perps: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.025% dearer against Phemex than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SNDKUSDT | 1,771 | 0 | get 0.0000% / 8h | 1h 48m | $2.8M | $960K | 50x |
| Short | Ondo Perps SNDK-USD.P | 1,771.3 | 0.0050 | get 0.0006% / 1h | 48m 03s | $1.4M | $4.8M | 5x |
Phemex SNDKUSDT
Ondo Perps SNDK-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $10.58
- Price spread: +0.020% → −0.005%
- $2.47
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$3.95
- Costs to cover
- 0.170%
- Break-even
- 9.6 days
Slippage unknown: Phemex: live order book, 6 min ago; Ondo Perps: no order-book sample. 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 Phemex live order book, 6 min ago | 1.75 bp | 30.6 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,771.7 | +0.042% | $4.1M | $4.5M | 75x | as long as short |
| QFEX SNDK-USD | −0.0007% | 1h | 1,771.4 | +0.024% | $2.2M | $21.9M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,771.2 | +0.016% | $21.8M | $39.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,770.9 | −0.003% | $286.6M | $1.89B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,771.1 | +0.010% | $31.7M | $105.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,771 | +0.003% | $87.7M | $845.6M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,771 | +0.004% | $183.3M | $241.2M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,770.9 | −0.002% | $49.6M | $171.0M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,771.6 | +0.038% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,771.6 | +0.038% | $20K | $1.0M | 10x | as long as short |
BloFin SNDK-USDT
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_PerpShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,771.8 | +0.048% | $276K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,770.8 | −0.008% | $14K | $294K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,770.6 | −0.022% | $945 | $4.0M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,770.9 | −0.001% | $49K | $240K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,771.1 | +0.006% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDTlong | 0.0000% | 8h | 1,771 | long leg | $2.8M | $960K | 50x | |
| Aftermath Perps SNDKUSD | +0.0007% | 1h | 1,771 | +0.004% | $725 | $37K | 5x | as long as short |
| RISEx SNDK/USDC | +0.0015% | 1h | 1,772.4 | +0.082% | $162K | $1.8M | 20x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,771.6 | +0.034% | $1.5M | $16.1M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,771.2 | +0.011% | $1.4M | $10.2M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,771.2 | +0.017% | $410K | $1.8M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.638% | $36 | $15K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,771 | +0.003% | $282K | $1.7M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,770.4 | −0.034% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,771.3 | +0.020% | $244K | $672K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,771.2 | +0.014% | $112.6M | $152.1M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,770.6 | −0.020% | $4.5M | $20.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,770.8 | −0.008% | $196K | $90K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,771 | +0.002% | $724K | $550K | 10x | as long as short |
| Ondo Perps SNDK-USD.Pshort | +0.0050% | 1h | 1,771.3 | +0.020% | $1.4M | $4.8M | 5x | |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,771.3 | +0.018% | — | — | 5x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0056% | 1h | 1,773.3 | +0.132% | $438K | $2.4M | 10x | as long as short |
| Nado SNDK-PERP | +0.0066% | 1h | 1,771.5 | +0.032% | $309K | $1.4M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,770.3 | −0.036% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,771.4 | +0.027% | $213K | $291K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,770.6 | −0.019% | $6.0M | $22.8M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,771.7 | +0.043% | $68K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,770 | −0.054% | $8K | $2K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0202% | 4h | 1,771.5 | +0.030% | $563K | $355K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0386% | 1h | 1,771.5 | +0.033% | $129K | $415K | 20x | as long as short |
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Aftermath Perps SNDKUSD
RISEx SNDK/USDC
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Coinbase International SNDK-PERP-INTX
Nado SNDK-PERP
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD