Funding you earn now, next payment 10:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Phemex against ApeX Omni−0.069%7-day average −0.016% · 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−$74as in the Price arb table
costs, in and out, $10k−$690.689% of the position
Funding, last 7 days−0.230%−$23 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.069%, 7d avg −0.016%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Phemex is 0.053% cheaper against ApeX Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SNDKUSDT | 1,777.4 | 0.0100 | pay 0.0013% / 1h | 4m 40s | $68K | $271K | 50x |
| Short | Phemex SNDKUSDT | 1,776.2 | 0 | get 0.0000% / 8h | 6h 04m | $2.8M | $1.1M | 50x |
ApeX Omni SNDKUSDT
Phemex SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against ApeX Omni. 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
- −$21
- Price spread: −0.069% → −0.016%
- −$5.29
- Slippage, 4 orders
- −$46.89
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$95.19
- Costs to cover
- 0.689%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 45 min ago; Phemex: live order book, 2 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 ApeX Omni live order book, 45 min ago | 5.70 bp | 10.8 bp −$11 | 33.1 bp −$331 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 1.52 bp | 14.2 bp −$14 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,775.8 | −0.095% | $4.0M | $4.7M | 75x | as long as short |
| Nado SNDK-PERP | −0.0007% | 1h | 1,778.6 | +0.065% | $340K | $1.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,776.5 | −0.056% | $21.7M | $32.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,776.6 | −0.045% | $283.7M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,776.7 | −0.041% | $31.5M | $106.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,776.4 | −0.059% | $82.1M | $842.4M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,778 | +0.031% | $146K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,776.1 | −0.078% | $182.4M | $221.1M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,775.9 | −0.087% | $49.5M | $171.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,777.8 | +0.022% | $2.7M | $4.7M | — | as long as short |
BloFin SNDK-USDT
Nado SNDK-PERP
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDKShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,775.4 | −0.115% | $277K | $189K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,777.8 | +0.020% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,776.2 | −0.072% | $677 | $3.1M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,777 | −0.024% | $35K | $393K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,776.6 | −0.045% | $1.4M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDTshort | 0.0000% | 8h | 1,776.2 | −0.069% | $2.8M | $1.1M | 50x | |
| QFEX SNDK-USD | 0.0000% | 1h | 1,777.9 | +0.023% | $1.4M | $9.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0016% | 1h | 1,772.9 | −0.257% | $753 | $39K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,776.9 | −0.030% | $1.2M | $9.8M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,775.8 | −0.090% | $397K | $2.3M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0032% | 4h | 1,772.1 | −0.300% | $563K | $339K | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.267% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,777.8 | +0.022% | $272K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,778.3 | +0.048% | — | $572K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,778 | +0.032% | $249K | $688K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,776.8 | −0.036% | $121.4M | $152.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,774.7 | −0.154% | $4.6M | $19.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,777.8 | +0.020% | $188K | $130K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,776.6 | −0.047% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0053% | 8h | 1,776.2 | −0.068% | — | — | 5x | as long as short |
| Lighter SNDK | +0.0064% | 1h | 1,777.8 | +0.021% | $1.8M | $17.0M | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,777.7 | +0.015% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,776 | −0.081% | $199K | $305K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,775.6 | −0.106% | $6.1M | $23.0M | 20x | as long as short |
| ApeX Omni SNDKUSDTlong | +0.0100% | 1h | 1,777.4 | long leg | $68K | $271K | 50x | |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,776.3 | −0.066% | $8K | $3K | 20x | as long as short |
| GRVT SNDK_USDT_Perp | +0.0116% | 8h | 1,778.8 | +0.074% | $27K | $2.4M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0136% | 1h | 1,777.8 | +0.018% | $444K | $2.2M | 10x | as long as short |
| SoDEX SNDK-USD | +0.0337% | 1h | 1,776.3 | −0.062% | $729K | $525K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0548% | 1h | 1,776.7 | −0.042% | $162K | $378K | 20x | as long as short |
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
QFEX SNDK-USD
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
edgeX SNDKUSDC
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Lighter SNDK
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
Orderly PERP_SNDK_USDC_mythos
GRVT SNDK_USDT_Perp
Coinbase International SNDK-PERP-INTX
SoDEX SNDK-USD
Kraken Futures PF_SNDKUSD