Funding you earn now, next payment 08:00 UTC−0.0813%/8h= −89.0% APRpaid last 24h −0.116%
Price spread now: Phemex against edgeX−0.187%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$660.659% of the position
Funding, last 7 days−1.186%−$119 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.187%, 7d avg +0.012%
=Together, before fees−1.066%+ Points / potential airdropedgeX: Active · farm board−$107 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Phemex is 0.199% cheaper against edgeX than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SNDKUSDC | 1,778.6 | 0.0813 | pay 0.0406% / 4h | 3h 39m | $565K | $351K | 10x |
| Short | Phemex SNDKUSDT | 1,775.3 | 0 | get 0.0000% / 8h | 3h 39m | $2.8M | $1.1M | 50x |
edgeX SNDKUSDC
Phemex SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. 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
- −$170.63
- Price spread: −0.187% → +0.012%
- −$19.94
- Slippage, 4 orders
- −$44.95
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$256.52
- Costs to cover
- 0.659%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 14 min ago; Phemex: live order book, 4 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 edgeX live order book, 14 min ago | 5.04 bp | 9.6 bp −$10 | 11.4 bp −$114 | 47.1 bp −$4,710 | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.47 bp | 25.4 bp −$25 | doesn't fit | 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 | 1,777 | −0.087% | $4.0M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0107% | 1h | 1,776.8 | −0.100% | $4.8M | $19.8M | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0071% | 1h | 1,775.6 | −0.167% | $51K | $346K | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0046% | 8h | 1,774.9 | −0.205% | $6.1M | $22.1M | 20x | as long as short |
| Nado SNDK-PERP | −0.0043% | 1h | 1,778.4 | −0.010% | $346K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,773.9 | −0.265% | $1.4M | $12.2M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,780.2 | +0.092% | $433K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,775.6 | −0.168% | $21.7M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,774 | −0.257% | $282.6M | $1.81B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,774.4 | −0.237% | $32.2M | $101.6M | 100x | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
Deribit SNDK_USDC-PERPETUAL
KuCoin SNDKUSDTM
Nado SNDK-PERP
QFEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,773.6 | −0.280% | $82.7M | $824.0M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,775.3 | −0.183% | $169K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,774.1 | −0.253% | $178.4M | $229.4M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,774.2 | −0.244% | $43.6M | $162.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,777.2 | −0.079% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,777.2 | −0.079% | $14K | $1.5M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,782.2 | +0.204% | $278K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,775.5 | −0.173% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,774.1 | −0.253% | $685 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,775 | −0.201% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDTshort | 0.0000% | 8h | 1,775.3 | −0.187% | $2.8M | $1.1M | 50x | |
| Aftermath Perps SNDKUSD | +0.0006% | 1h | 1,780.5 | +0.111% | $662 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,775.2 | −0.189% | $1.7M | $15.6M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,774.7 | −0.216% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,774.2 | −0.246% | $435K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.202% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,777.3 | −0.073% | $265K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,775.4 | −0.180% | — | $580K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,774.6 | −0.224% | $244K | $651K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,774.2 | −0.248% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,774.6 | −0.224% | $117.2M | $151.0M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,776.1 | −0.139% | $187K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,775.3 | −0.183% | $726K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,774.8 | −0.212% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,775.4 | −0.177% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,774.4 | −0.237% | $197K | $288K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,780.5 | +0.110% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,774.6 | −0.222% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,776 | −0.142% | $129K | $352K | 20x | as long as short |
| edgeX SNDKUSDClong | +0.0813% | 4h | 1,778.6 | long leg | $565K | $351K | 10x |
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
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