Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: Phoenix against Binance−0.247%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 4 days (all we have)−1.440%−$144 · spread now −0.247%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phoenix is 0.244% cheaper against Binance than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SNDKUSDT | 1,751.7 | 0 | get 0.0000% / 8h | 7h 20m | $278.9M | $1.87B | 75x |
| Short | Phoenix SNDK | 1,747.4 | 0 | get 0.0000% / 1h | 20m 56s | $272K | $193K | 15x |
Binance SNDKUSDT
Phoenix SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Binance. 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: −0.247% → −0.003%
- −$24.38
- Slippage, 4 orders
- −$18.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$60.36
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Phoenix: live order book, 10 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 Binance live order book, 8 min ago | 0.03 bp | 5.4 bp −$5 | 7.1 bp −$71 | 18.2 bp −$1,816 | doesn't fit |
| Sell Phoenix live order book, 10 min ago | 4.02 bp | 12.8 bp −$13 | 27.7 bp −$277 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | −0.0285% | 8h | 1,747.9 | −0.216% | $19K | $2.2M | 10x | as long as short |
| Bitget SNDKUSDT | −0.0216% | 8h | 1,751.7 | −0.004% | $49.9M | $168.1M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,752.3 | +0.033% | $4.0M | $4.6M | 75x | as long as short |
| HTX SNDK-USDT | −0.0050% | 8h | 1,751.1 | −0.035% | $1.4M | $10.0M | 50x | as long as short |
| KuCoin SNDKUSDTM | −0.0037% | 8h | 1,751.4 | −0.018% | $6.0M | $22.6M | 20x | as long as short |
| Nado SNDK-PERP | −0.0015% | 1h | 1,750.2 | −0.089% | $333K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0002% | 1h | 1,750.5 | −0.067% | $1.4M | $9.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,751.7 | −0.002% | $21.3M | $32.6M | 20x | as long as short |
| Binance SNDKUSDTlong | 0.0000% | 8h | 1,751.7 | long leg | $278.9M | $1.87B | 75x | |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,752.1 | +0.022% | $32.0M | $105.0M | 100x | as long as short |
GRVT SNDK_USDT_Perp
Bitget SNDKUSDT
BloFin SNDK-USDT
HTX SNDK-USDT
KuCoin SNDKUSDTM
Nado SNDK-PERP
QFEX SNDK-USD
Aster SNDKUSD1
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 | 1,751.7 | −0.001% | $81.8M | $827.5M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,749.3 | −0.136% | $135K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,751.7 | 0.000% | $179.9M | $220.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,752.6 | +0.049% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDKshort | 0.0000% | 1h | 1,747.4 | −0.247% | $272K | $193K | 15x | |
| Bullet SNDK-USD | 0.0000% | 1h | 1,751.6 | −0.009% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,751 | −0.044% | $970 | $3.3M | 20x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,752.3 | +0.031% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0011% | 1h | 1,749.4 | −0.132% | — | $581K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0013% | 1h | 1,747.4 | −0.247% | $703 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,753 | +0.074% | $1.7M | $16.6M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,752.3 | +0.032% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,752.1 | +0.022% | $385K | $2.2M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.754% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,750.2 | −0.085% | $250K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,751.1 | −0.035% | $248K | $666K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,750.4 | −0.076% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,752.1 | +0.022% | $118.9M | $158.8M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,748.3 | −0.195% | $4.5M | $19.4M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,750.6 | −0.064% | $184K | $129K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,750.2 | −0.087% | $716K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,750.5 | −0.070% | $1.3M | $5.3M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,751.4 | −0.017% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,750.5 | −0.070% | $196K | $310K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,748.1 | −0.208% | $67K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,750.7 | −0.058% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,751.1 | −0.035% | $428K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0285% | 1h | 1,752.4 | +0.037% | $128K | $350K | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0298% | 1h | 1,752.5 | +0.045% | $50K | $360K | 10x | as long as short |
| edgeX SNDKUSDC | +0.0926% | 4h | 1,747.1 | −0.261% | $555K | $349K | 10x | as long as short |
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Phemex SNDKUSDT
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Entropy io: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
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
Deribit SNDK_USDC-PERPETUAL
edgeX SNDKUSDC