Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: SunX against Phoenix−0.087%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$890.892% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 3 days (all we have)+0.044%+$4 · spread now −0.087%, 7d avg −0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.034% cheaper against Phoenix than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SNDK | 1,787.8 | 0 | get 0.0000% / 1h | 57m 16s | $278K | $193K | 15x |
| Short | SunX SNDK-USDT | 1,786.3 | 0 | get 0.0000% / 8h | 6h 57m | $593 | $3.7M | 20x |
Phoenix SNDK
SunX SNDK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.087% → −0.052%
- −$3.43
- Slippage, 4 orders
- −$74.2
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$92.63
- Costs to cover
- 0.892%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 8 min ago; SunX: live order book, 11 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, 8 min ago | 3.91 bp | 12.5 bp −$13 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 28.06 bp | 32.1 bp −$32 | 61.6 bp −$616 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit SNDK_USDC-PERPETUAL | −0.0270% | 1h | 1,787.2 | −0.035% | $51K | $328K | 10x | as long as short |
| Entropy io:SNDK | −0.0230% | 1h | 1,788.6 | +0.045% | $4.8M | $20.4M | 10x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,788.9 | +0.059% | $4.1M | $4.5M | 75x | as long as short |
| tradeXYZ xyz:SNDK | −0.0078% | 1h | 1,787.2 | −0.034% | $114.8M | $146.5M | 10x | as long as short |
| Popdex SNDKUSDT | −0.0032% | 1h | 1,787.8 | 0.000% | $246K | $644K | 20x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,787.4 | −0.021% | $1.9M | $18.2M | 10x | as long as short |
| Nado SNDK-PERP | −0.0016% | 1h | 1,788.5 | +0.041% | $347K | $1.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,788.6 | +0.043% | $21.8M | $42.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,787.3 | −0.027% | $286.8M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,787.9 | +0.006% | $31.9M | $100.0M | 100x | as long as short |
Deribit SNDK_USDC-PERPETUAL
Entropy io:SNDK
BloFin SNDK-USDT
tradeXYZ xyz:SNDK
Popdex SNDKUSDT
QFEX SNDK-USD
Nado SNDK-PERP
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 | 1,787.1 | −0.039% | $86.6M | $831.1M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,787.4 | −0.025% | $182.3M | $230.3M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,787.5 | −0.017% | $47.8M | $163.9M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,789.2 | +0.080% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,788.6 | +0.047% | $10K | $1.1M | 10x | as long as short |
| Phoenix SNDKlong | 0.0000% | 1h | 1,787.8 | long leg | $278K | $193K | 15x | |
| Bullet SNDK-USD | 0.0000% | 1h | 1,787.2 | −0.034% | $13K | $292K | 10x | as long as short |
| SunX SNDK-USDTshort | 0.0000% | 8h | 1,786.3 | −0.087% | $593 | $3.7M | 20x | |
| HTX SNDK-USDT | 0.0000% | 8h | 1,786.9 | −0.049% | $1.5M | $10.3M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,787.2 | −0.034% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0006% | 1h | 1,789.5 | +0.097% | $746 | $37K | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0015% | 1h | 1,787.4 | −0.022% | $1.4M | $5.1M | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,788.8 | +0.058% | $1.7M | $16.1M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,788.3 | +0.026% | $1.3M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,788.2 | +0.022% | $464K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.680% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,788.3 | +0.028% | $306K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,787.7 | −0.006% | — | $585K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,787.6 | −0.013% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,787.2 | −0.034% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,787.1 | −0.039% | $731K | $515K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,786.7 | −0.061% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,787.2 | −0.034% | $440K | $2.3M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,787.7 | −0.007% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,788.5 | +0.040% | $6.1M | $21.8M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,788.9 | +0.060% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,786.9 | −0.050% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0131% | 1h | 1,787.6 | −0.012% | $130K | $366K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0220% | 4h | 1,788.7 | +0.050% | $568K | $351K | 10x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,788.6 | +0.044% | $171K | $1.8M | 20x | as long as short |
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Ondo Perps SNDK-USD.P
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC
RISEx SNDK/USDC