Funding you earn now, next payment 04:00 UTC+0.0410%/8h= +44.9% APRpaid last 24h +0.134%
Price spread now: edgeX against Phoenix−0.027%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs+$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$420.422% of the position
Funding, last 7 days+1.167%+$117 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.027%, 7d avg −0.014%
=Together, before fees+1.285%+ Points / potential airdropedgeX: Active · farm board+$129 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SNDK | 1,777.5 | 0 | get 0.0000% / 1h | 25m 27s | $277K | $193K | 15x |
| Short | edgeX SNDKUSDC | 1,777 | 0.0410 | get 0.0205% / 4h | 3h 25m | $564K | $351K | 10x |
Phoenix SNDK
edgeX SNDKUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $86.18
- Price spread: −0.027% → −0.014%
- −$1.25
- Slippage, 4 orders
- −$26.25
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $42.68
- Costs to cover
- 0.422%
- Break-even
- 3.5 days
Slippage from Phoenix: live order book, 25 min ago; edgeX: live order book, 28 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, 25 min ago | 3.37 bp | 11.5 bp −$12 | 25.0 bp −$250 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 28 min ago | 5.04 bp | 9.6 bp −$10 | 11.5 bp −$115 | 47.3 bp −$4,733 | 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-USDT | −0.0120% | 8h | 1,775.9 | −0.092% | $4.0M | $4.4M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0042% | 8h | 1,773.7 | −0.216% | $6.1M | $22.1M | 20x | as long as short |
| Nado SNDK-PERP | −0.0033% | 1h | 1,772.6 | −0.278% | $345K | $1.5M | 10x | as long as short |
| Entropy io:SNDK | −0.0029% | 1h | 1,775.2 | −0.129% | $4.8M | $19.9M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,771.9 | −0.314% | $1.4M | $12.0M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,774.8 | −0.150% | $431K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,775 | −0.142% | $21.7M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,772.7 | −0.273% | $281.8M | $1.81B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,772.6 | −0.278% | $32.2M | $101.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,772.3 | −0.293% | $82.3M | $824.5M | 75x | as long as short |
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Nado SNDK-PERP
Entropy io:SNDK
QFEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,773.9 | −0.200% | $169K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,772.7 | −0.269% | $177.0M | $230.2M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,772.5 | −0.282% | $44.3M | $162.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,774.1 | −0.193% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,777.9 | +0.020% | $20K | $1.6M | 10x | as long as short |
| Phoenix SNDKlong | 0.0000% | 1h | 1,777.5 | long leg | $277K | $193K | 15x | |
| Bullet SNDK-USD | 0.0000% | 1h | 1,772.5 | −0.279% | $14K | $286K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,772.8 | −0.266% | $1K | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,774.5 | −0.167% | $51K | $346K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,773.7 | −0.212% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,774.3 | −0.181% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0008% | 1h | 1,776.3 | −0.069% | $734 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,773.6 | −0.218% | $1.7M | $15.8M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,773.5 | −0.228% | $1.4M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,772.2 | −0.298% | $437K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.264% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,774.7 | −0.158% | $265K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,770.7 | −0.381% | — | $580K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,772.7 | −0.270% | $244K | $651K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,772.4 | −0.285% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,772.4 | −0.287% | $117.2M | $151.9M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,772.2 | −0.298% | $186K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,774.4 | −0.177% | $725K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,772.8 | −0.264% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,774 | −0.198% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,773.1 | −0.245% | $197K | $288K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,776.8 | −0.039% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,774.2 | −0.187% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,774.4 | −0.176% | $128K | $353K | 20x | as long as short |
| edgeX SNDKUSDCshort | +0.0410% | 4h | 1,777 | −0.027% | $564K | $351K | 10x |
RISEx SNDK/USDC
Gate SNDK_USDT
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
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD