SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.080%

Price spread now: RISEx against Phoenix+0.065%50s7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$270.274% of the position

Long on Phoenix Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.118%+$12 on $10k

Price spread, last 3 days (all we have)−0.002%$0 · spread now +0.065%, 7d avg +0.017%

Together, before fees+0.116%+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and RISEx is 0.048% dearer against Phoenix than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix SNDK	1,778.7	0	get 0.0000% / 1h	44m 04s	$277K	$195K	15x
Short	RISEx SNDK/USDC	1,779.9	0.0018	get 0.0002% / 1h	44m 04s	$175K	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee RISExbpOrdersPrice spread, now +0.065%Rate

Funding earned: $3.73
Price spread: +0.065% → +0.017%: $4.78
Slippage, 4 orders: −$14.42
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$18.92
Costs to cover: 0.274%
Break-even: 42.5 days

Slippage from Phoenix: live order book, 31 min ago; RISEx: live order book, 5 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, 31 min ago	2.82 bp	10.0 bp −$10	20.5 bp −$205	doesn't fit	doesn't fit
Sell RISEx live order book, 5 min ago	0.73 bp	3.7 bp −$4	5.6 bp −$56	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-USDT	−0.0120%	8h	1,778.6	−0.008%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0045%	1h	1,778.1	−0.034%	$4.5M	$20.5M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,778.4	−0.019%	$2.2M	$21.8M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,779.4	+0.040%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,779.2	+0.031%	$284.6M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,779.4	+0.039%	$31.9M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,779.4	+0.039%	$87.4M	$845.2M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,779.4	+0.039%	$184.2M	$239.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,779.4	+0.037%	$49.6M	$170.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,779.1	+0.022%	$2.6M	$4.7M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,779.2	+0.030%	$15K	$1.0M	10x	as long as short
Phoenix SNDKlong	0.0000%	1h	1,778.7	long leg	$277K	$195K	15x
Bullet SNDK-USD	0.0000%	1h	1,779.3	+0.034%	$14K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,778	−0.038%	$965	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,778.9	+0.010%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,779.2	+0.030%	$2.8M	$1.0M	50x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0009%	1h	1,779.3	+0.031%	$50K	$277K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,778.7	−0.002%	$731	$37K	5x	as long as short
RISEx SNDK/USDCshort	+0.0018%	1h	1,779.9	+0.065%	$175K	$1.8M	20x
Lighter RH SNDK	+0.0032%	1h	1,779.4	+0.039%	$1.3M	$9.9M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,778.6	−0.006%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.195%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,778.6	−0.008%	$285K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.6	−0.006%	—	$670K	10x	as long as short
edgeX SNDKUSDC	+0.0048%	4h	1,778.5	−0.010%	$565K	$355K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779	+0.017%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,778.9	+0.011%	$113.4M	$151.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,778.8	+0.006%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,779.2	+0.028%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.7	+0.001%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,779.1	+0.022%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,779.1	+0.023%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,779.4	+0.039%	$442K	$2.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,778.6	−0.007%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,778.7	−0.003%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,779.6	+0.051%	$68K	$268K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,778.8	+0.005%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0176%	1h	1,780.2	+0.084%	$1.6M	$16.2M	20x	as long as short
Nado SNDK-PERP	+0.0193%	1h	1,778.9	+0.012%	$387K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,779.7	+0.054%	$129K	$407K	20x	as long as short