Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Phoenix against Aster−0.141%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.141%, 7d avg +0.007%
=Together, before fees−0.050%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phoenix is 0.149% cheaper against Aster than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SNDKUSD1 | 1,761.4 | 0 | get 0.0000% / 8h | 1h 27m | $21.5M | $32.9M | 20x |
| Short | Phoenix SNDK | 1,758.9 | 0 | get 0.0000% / 1h | 27m 11s | $274K | $193K | 15x |
Aster SNDKUSD1
Phoenix SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aster. 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: −0.141% → +0.007%
- −$14.87
- Slippage, 4 orders
- −$24.87
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$54.73
- Costs to cover
- 0.399%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; Phoenix: live order book, 13 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 Aster live order book, 2 min ago | 2.02 bp | 7.5 bp −$8 | 12.8 bp −$128 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 13 min ago | 3.98 bp | 12.7 bp −$13 | 27.4 bp −$274 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0369% | 8h | 1,760.5 | −0.050% | $48.0M | $166.2M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,760.2 | −0.067% | $3.9M | $4.6M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0028% | 1h | 1,760.2 | −0.067% | $51K | $351K | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0014% | 8h | 1,759.6 | −0.101% | $6.0M | $22.2M | 20x | as long as short |
| QFEX SNDK-USD | −0.0008% | 1h | 1,760 | −0.077% | $1.4M | $10.3M | 10x | as long as short |
| Aster SNDKUSD1long | 0.0000% | 8h | 1,761.4 | long leg | $21.5M | $32.9M | 20x | |
| Binance SNDKUSDT | 0.0000% | 8h | 1,760.2 | −0.069% | $279.7M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,760.5 | −0.052% | $31.7M | $103.4M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,760.2 | −0.068% | $82.4M | $835.2M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,761.5 | +0.009% | $120K | $1.6M | 20x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
KuCoin SNDKUSDTM
QFEX SNDK-USD
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDCShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,760.1 | −0.073% | $177.2M | $230.9M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,759 | −0.134% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,759.8 | −0.091% | $10K | $1.9M | 10x | as long as short |
| Phoenix SNDKshort | 0.0000% | 1h | 1,758.9 | −0.141% | $274K | $193K | 15x | |
| Bullet SNDK-USD | 0.0000% | 1h | 1,760.3 | −0.062% | $14K | $289K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,759.9 | −0.085% | $978 | $3.5M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,759.8 | −0.090% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,760.8 | −0.032% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0013% | 1h | 1,759.7 | −0.097% | $723 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0014% | 1h | 1,758.2 | −0.182% | — | $581K | 10x | as long as short |
| Nado SNDK-PERP | +0.0019% | 1h | 1,760.8 | −0.032% | $328K | $1.5M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,761.4 | −0.002% | $1.8M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,760.6 | −0.046% | $1.2M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,760.3 | −0.063% | $491K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.190% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,758.8 | −0.147% | $253K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,760.4 | −0.056% | $242K | $668K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,760.3 | −0.062% | $118.4M | $158.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,760.1 | −0.073% | $4.7M | $19.7M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,759.5 | −0.107% | $185K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,760 | −0.077% | $720K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,760.3 | −0.063% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,759.6 | −0.102% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,760 | −0.080% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,760.5 | −0.050% | $197K | $304K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,760.9 | −0.029% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,759.8 | −0.093% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,761 | −0.024% | $431K | $2.3M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0401% | 1h | 1,760.5 | −0.049% | $127K | $346K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0796% | 4h | 1,760.1 | −0.071% | $559K | $351K | 10x | as long as short |
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Vest SNDK-USD-PERP
Nado SNDK-PERP
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC