Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Bullet against Phoenix−0.005%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$360.363% of the position
Funding, last 4 days (all we have)+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.005%, 7d avg −0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SNDK | 1,770.8 | 0 | get 0.0000% / 1h | 57m 04s | $276K | $178K | 15x |
| Short | Bullet SNDK-USD | 1,770.7 | 0 | get 0.0000% / 1h | 57m 04s | $14K | $290K | 10x |
Phoenix SNDK
Bullet SNDK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- $0
- Price spread: −0.005% → −0.015%
- $0.94
- Slippage, 4 orders
- −$21.27
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$35.33
- Costs to cover
- 0.363%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 47 min ago; Bullet: live order book, 50 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, 47 min ago | 3.39 bp | 11.9 bp −$12 | 25.4 bp −$254 | doesn't fit | doesn't fit |
| Sell Bullet live order book, 50 min ago | 0.56 bp | 6.4 bp −$6 | 20.9 bp −$209 | doesn't fit | doesn't fit |
SNDK on 40 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SNDKUSD | −0.0126% | 1h | 1,769.5 | −0.074% | $167K | $374K | 20x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,770.8 | −0.002% | $3.9M | $4.7M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0038% | 1h | 1,769.8 | −0.059% | $19K | $445K | 10x | as long as short |
| Entropy io:SNDK | −0.0023% | 1h | 1,770.2 | −0.034% | $4.5M | $19.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,770.9 | +0.006% | $21.6M | $32.2M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,770.9 | +0.003% | $282.4M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,770.9 | +0.006% | $31.8M | $107.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,770.9 | +0.006% | $80.5M | $841.4M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,771 | +0.014% | $146K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,770.5 | −0.016% | $181.1M | $209.4M | 75x | as long as short |
Kraken Futures PF_SNDKUSD
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Entropy io:SNDK
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDTShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | 0.0000% | 8h | 1,770.9 | +0.003% | $48.6M | $172.1M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,771.1 | +0.018% | $2.7M | $4.5M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,771.7 | +0.048% | $16K | $2.6M | 10x | as long as short |
| Phoenix SNDKlong | 0.0000% | 1h | 1,770.8 | long leg | $276K | $178K | 15x | |
| Bullet SNDK-USDshort | 0.0000% | 1h | 1,770.7 | −0.005% | $14K | $290K | 10x | |
| SunX SNDK-USDT | 0.0000% | 8h | 1,769.2 | −0.093% | $904 | $3.1M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,769.2 | −0.090% | $1.5M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,771 | +0.010% | $2.8M | $1.1M | 50x | as long as short |
| Nado SNDK-PERP | +0.0003% | 1h | 1,770.6 | −0.010% | $322K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | +0.0004% | 1h | 1,769.6 | −0.066% | $1.5M | $9.3M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0023% | 1h | 1,770.7 | −0.007% | $677 | $39K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,770.8 | −0.001% | $1.2M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,770 | −0.045% | $410K | $2.4M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.647% | $36 | $4K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,769.3 | −0.084% | $257K | $1.3M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,770.3 | −0.029% | — | $570K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,770.5 | −0.017% | $244K | $695K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,770.9 | +0.006% | $122.5M | $151.4M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,770.3 | −0.028% | $195K | $150K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,770.8 | −0.002% | $725K | $523K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,769.7 | −0.062% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0051% | 8h | 1,770.1 | −0.041% | — | — | 5x | as long as short |
| Lighter SNDK | +0.0080% | 1h | 1,771.4 | +0.036% | $1.8M | $16.5M | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,770.1 | −0.039% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,770.1 | −0.040% | $193K | $308K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,770.2 | −0.032% | $6.1M | $23.1M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,772.3 | +0.082% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,769.5 | −0.075% | $9K | $6K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0176% | 1h | 1,774 | +0.178% | $449K | $2.1M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0926% | 4h | 1,771.1 | +0.015% | $563K | $337K | 10x | as long as short |
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Nado SNDK-PERP
QFEX SNDK-USD
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Lighter SNDK
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC