Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Phemex against Ondo Perps−0.088%7-day average +0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.088%, 7d avg +0.006%
=Together, before fees−0.026%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phemex is 0.094% cheaper against Ondo Perps than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SNDK-USD.P | 1,765.9 | 0.0050 | pay 0.0006% / 1h | 3m 08s | $1.4M | $5.1M | 5x |
| Short | Phemex SNDKUSDT | 1,764.3 | 0 | get 0.0000% / 8h | 3h 03m | $2.8M | $1.1M | 50x |
Ondo Perps SNDK-USD.P
Phemex SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Ondo Perps. 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
- −$10.58
- Price spread: −0.088% → +0.006%
- −$9.39
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$36.98
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Phemex: live order book, 5 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 5 min ago | 1.59 bp | 31.3 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
Ondo Perps: 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 | 1,764.5 | −0.080% | $3.9M | $4.4M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0048% | 8h | 1,764.6 | −0.072% | $6.1M | $22.1M | 20x | as long as short |
| Entropy io:SNDK | −0.0028% | 1h | 1,766.4 | +0.028% | $4.8M | $19.8M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,763.7 | −0.126% | $1.4M | $11.9M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,767.2 | +0.074% | $433K | $2.3M | 10x | as long as short |
| Nado SNDK-PERP | −0.0001% | 1h | 1,764.4 | −0.087% | $337K | $1.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,765.4 | −0.029% | $21.5M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,764.5 | −0.080% | $279.7M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,764.5 | −0.082% | $31.7M | $102.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,763.8 | −0.119% | $81.8M | $826.8M | 75x | as long as short |
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Entropy io:SNDK
QFEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Nado SNDK-PERP
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,765.4 | −0.027% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,763.8 | −0.118% | $176.8M | $231.9M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,764.1 | −0.101% | $44.1M | $162.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,767.8 | +0.107% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,766.8 | +0.049% | $10K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,767.6 | +0.096% | $275K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,764.4 | −0.083% | $14K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,766.7 | +0.043% | $814 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,764.7 | −0.067% | $51K | $346K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,763.9 | −0.112% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDTshort | 0.0000% | 8h | 1,764.3 | −0.088% | $2.8M | $1.1M | 50x | |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,766.9 | +0.057% | $657 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0021% | 1h | 1,762.3 | −0.205% | — | $592K | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,765.4 | −0.031% | $1.8M | $16.1M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,764.8 | −0.062% | $1.3M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,764.2 | −0.096% | $424K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.929% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,766 | +0.006% | $262K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,764.7 | −0.068% | $243K | $655K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,764.2 | −0.098% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,764 | −0.108% | $117.1M | $153.4M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,763.8 | −0.119% | $184K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,764.6 | −0.074% | $721K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.Plong | +0.0050% | 1h | 1,765.9 | long leg | $1.4M | $5.1M | 5x | |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,764.3 | −0.088% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,765.8 | −0.008% | $196K | $296K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,765.9 | +0.001% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,764.1 | −0.100% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0123% | 1h | 1,764.7 | −0.069% | $128K | $355K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0477% | 4h | 1,766.5 | +0.034% | $561K | $353K | 10x | as long as short |
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Aftermath Perps SNDKUSD
Vest SNDK-USD-PERP
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
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC