Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,271.6 | +0.0437 | pay 0.0055% / 1h | 56m 47s | $245K | $2.3M | 15x | Long Phoenix | |
| SHORT | 1,271.3 | −0.0123 | pay 0.0015% / 1h | 56m 47s | $267K | $1.2M | 20x | Short TxFlow5% off |
Price gap−0.021%
Funding gap−0.0560% /8h
Funding costs $17 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$42−0.0560% /8h now · paid −0.424% over the last 7D
Price−$1spread −0.021% now, avg −0.015% → −0.007% if it goes back
Costs−$350.347% of $10k · taker + slippage, in and out
Result−$78−0.78%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.021%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSNDK on 45 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- OK: Fits both order books10.2 / 6.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$667 + $500Phoenix 15x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$16.81Long Phoenix: 24 payments, −$13.11; short TxFlow: 24 payments, −$3.70.
- Note: Gap at its usual level−0.021% vs −0.015%The price leg adds little either way.
- Watch: Long leg is thinner$245K vs $267K OIPhoenix sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legPhoenix No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0202%/8h × 21 periods−$42.45
Price spread−0.021% → −0.015% (7d avg)−$0.66
Slippage, 4 orderslive order books−$18.72
Fee Phoenix bp × 2 orders−$7.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$77.82
Costs to cover0.347%Break-evennever at this rate
Slippage: Phoenix: live order book, 6 min ago; TxFlow: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix2.3610.2 bp−$1021.5 bp−$215doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.536.7 bp−$711.1 bp−$11130.4 bp−$3,044135.9 bp−$67.9K
Closing costs about the same again.
| 10-29 18:00 | MEXC | Other | SanDisk reports in hours. 6 beats in a row, but guidance decides the move. Options imply an 8% to 14% swing either way. Follow @MEXC_Research for the full breakdown. 👇 @MEXC on X ↗ |
| 10-29 15:01 | Bitget | Other | Can $SNDK sustain exceptional AI-driven storage growth and elevated NAND pricing? Consensus: → Revenue: ~$10.6B → EPS: ~$46.5 → Gross margin: ~83%–85% Long or short $SNDK now on Bitget stock perps, before it moves. @bitget on X ↗ |
| 10-29 14:50 | Phoenix | Other | Five Phoenix-listed equities report after the close today. $SNDK 4:30pm ET. $AMZN, $INTC, $MSTR and $COIN 5:00pm ET. Trade them 24/7 on Phoenix. @PhoenixTrade on X ↗ |
| 10-29 12:00 | MEXC | Other | ~364% YoY revenue growth expected. The bar is already high. 👀 SanDisk reports after the U.S. close today. What would impress you more: a bigger beat or stronger guidance? 👇 Trade $SNDK Stock Futures on #MEXC: @MEXC on X ↗ |
| 10-29 10:00 | MEXC | Other | Three earnings. Which one gets the green candle? 👀 ☁️ $AMZN: AWS growth vs. spending 💾 $SNDK: NAND pricing power 🪙 $COIN: Trading revenue recovery All report after the U.S. close today. Your pick? 👇 #MEXC @MEXC on X ↗ |
| 10-29 04:20 | BingX | Other | Markets are repricing after Super Central Bank Week. When things move fast, liquidity counts. $SNDK Perps on BingX (𝘪𝘯 𝘜𝘚𝘋𝘛 𝘥𝘦𝘱𝘵𝘩): 🔳 1.55M @10 bps 🔳 6.61M @50 bps 🔳 10.2M @100 bps @BingXOfficial on X ↗ |

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