SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.014%

Price spread now: Phoenix against Injective−1.659%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Phoenix is 1.659% cheaper against Injective than usual: you would sell low and buy high (−$166 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective SNDK/USDC PERP	1,800	0.0033	pay 0.0004% / 1h	46m 37s	$36	$9K	12x
Short	Phoenix SNDK	1,770.1	0	get 0.0000% / 1h	46m 37s	$276K	$193K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee PhoenixbpOrdersPrice spread, now −1.659%Rate

Funding earned: −$7
Price spread: −1.659% → 0.000%: −$165.89
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$179.91
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Phoenix: live order book, 64 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 64 min ago	3.37 bp	11.5 bp −$12	25.0 bp −$250	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin SNDK-USDT	−0.0120%	8h	1,768.8	−1.733%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0043%	8h	1,769.5	−1.693%	$6.1M	$22.1M	20x	as long as short
Nado SNDK-PERP	−0.0021%	1h	1,769.3	−1.705%	$336K	$1.5M	10x	as long as short
Bitget SNDKUSDT	−0.0019%	8h	1,769.8	−1.674%	$44.6M	$162.5M	75x	as long as short
Entropy io:SNDK	−0.0004%	1h	1,769.6	−1.687%	$4.8M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,768.1	−1.771%	$1.4M	$11.2M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,769.9	−1.668%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,770	−1.665%	$280.0M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,770.1	−1.659%	$31.7M	$103.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,770	−1.664%	$82.5M	$830.0M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,770.7	−1.626%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,769.7	−1.679%	$177.6M	$228.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,772.2	−1.541%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,772.5	−1.525%	$22K	$1.7M	10x	as long as short
Phoenix SNDKshort	0.0000%	1h	1,770.1	−1.659%	$276K	$193K	15x
Bullet SNDK-USD	0.0000%	1h	1,767.8	−1.787%	$15K	$285K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,768.7	−1.739%	$814	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,767.8	−1.787%	$51K	$347K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,767.3	−1.812%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,768	−1.777%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,770.3	−1.646%	$686	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,767.2	−1.818%	—	$586K	10x	as long as short
Pacifica SNDK	+0.0024%	1h	1,769.8	−1.675%	$197K	$304K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,769.9	−1.673%	$1.3M	$9.3M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,769.2	−1.707%	$423K	$1.9M	10x	as long as short
Injective SNDK/USDC PERPlong	+0.0033%	1h	1,800	long leg	$36	$9K	12x
Arcus SNDK-USD	+0.0040%	1h	1,768.9	−1.725%	$263K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,768.7	−1.737%	$244K	$653K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,769.3	−1.702%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,769.8	−1.676%	$117.8M	$154.1M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,767.7	−1.792%	$185K	$132K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768.4	−1.753%	$1.4M	$5.1M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,773.7	−1.457%	$435K	$2.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,767.7	−1.794%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,772.7	−1.517%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,767.5	−1.803%	$8K	$3K	20x	as long as short
Lighter SNDK	+0.0120%	1h	1,770.6	−1.629%	$1.8M	$15.8M	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,768.3	−1.757%	$128K	$355K	20x	as long as short
edgeX SNDKUSDC	+0.0156%	4h	1,771.9	−1.560%	$563K	$353K	10x	as long as short
SoDEX SNDK-USD	+0.0214%	1h	1,768.1	−1.769%	$723K	$513K	10x	as long as short