Funding you earn now, next payment 21:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h +0.001%
Price spread now: BloFin against Phoenix−0.008%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$390.394% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 3 days (all we have)−0.035%−$4 · spread now −0.008%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.150%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SNDK | 1,768.6 | −0.0045 | get 0.0006% / 1h | 0m 18s | $275K | $195K | 15x |
| Short | BloFin SNDK-USDT | 1,768.5 | −0.0120 | pay 0.0120% / 8h | 2h 00m | $4.2M | $4.5M | 75x |
Phoenix SNDK
BloFin SNDK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phoenix. 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
- −$15.67
- Price spread: −0.008% → −0.013%
- $0.48
- Slippage, 4 orders
- −$20.41
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$54.6
- Costs to cover
- 0.394%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 20 min ago; BloFin: live order book, 3 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 Phoenix live order book, 20 min ago | 3.96 bp | 12.7 bp −$13 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.03 bp | 6.0 bp −$6 | 7.0 bp −$70 | doesn't fit | doesn't fit |
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-USDTshort | −0.0120% | 8h | 1,768.5 | −0.008% | $4.2M | $4.5M | 75x | |
| Arcus SNDK-USD | −0.0085% | 1h | 1,769.2 | +0.033% | $282K | $1.7M | 10x | as long as short |
| Phoenix SNDKlong | −0.0045% | 1h | 1,768.6 | long leg | $275K | $195K | 15x | |
| QFEX SNDK-USD | −0.0008% | 1h | 1,769.3 | +0.039% | $2.2M | $22.0M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,770.3 | +0.097% | $21.8M | $39.8M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,770.2 | +0.093% | $286.9M | $1.90B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,770.5 | +0.107% | $31.6M | $105.8M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,770.9 | +0.130% | $87.7M | $847.6M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,770.2 | +0.093% | $162K | $1.8M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,769.8 | +0.069% | $183.5M | $245.2M | 75x | as long as short |
Arcus SNDK-USD
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | 0.0000% | 8h | 1,770.6 | +0.112% | $49.6M | $171.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,768.5 | −0.004% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,768.8 | +0.010% | $10K | $1.0M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,769.5 | +0.051% | $14K | $294K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,768 | −0.034% | $877 | $4.0M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,771.2 | +0.146% | $49K | $233K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,769.6 | +0.059% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,771 | +0.133% | $2.8M | $952K | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0005% | 1h | 1,769.5 | +0.052% | $681 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,770.1 | +0.087% | $1.5M | $16.5M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,769.8 | +0.070% | $1.4M | $10.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,770 | +0.077% | $410K | $1.8M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.773% | $36 | $19K | 12x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0040% | 1h | 1,770.2 | +0.089% | $434K | $2.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,768.1 | −0.030% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,769.8 | +0.068% | $244K | $679K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,769.7 | +0.062% | $112.0M | $151.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,768.5 | −0.006% | $4.5M | $20.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,769.7 | +0.062% | $196K | $185K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,769.2 | +0.032% | $723K | $550K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,769.4 | +0.045% | $1.4M | $4.8M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0051% | 8h | 1,769.1 | +0.030% | — | — | 5x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0070% | 1h | 1,771.2 | +0.147% | $129K | $416K | 20x | as long as short |
| Nado SNDK-PERP | +0.0076% | 1h | 1,768.8 | +0.014% | $308K | $1.4M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,770.2 | +0.090% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,769.4 | +0.045% | $213K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,768.8 | +0.008% | $6.0M | $22.7M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,769.5 | +0.049% | $68K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,769.9 | +0.072% | $8K | $2K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0228% | 4h | 1,768.8 | +0.013% | $562K | $355K | 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
Injective SNDK/USDC PERP
Coinbase International SNDK-PERP-INTX
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Kraken Futures PF_SNDKUSD
Nado SNDK-PERP
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC