Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Deribit against Phemex+0.021%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1001.003% of the position
Funding, last 4 days (all we have)−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.021%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.032% dearer against Phemex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SNDKUSDT | 1,758.8 | 0 | get 0.0000% / 8h | 1h 40m | $2.8M | $1.1M | 50x |
| Short | Deribit SNDK_USDC-PERPETUAL | 1,759.2 | 0 | get 0.0000% / 1h | 40m 06s | $51K | $351K | 10x |
Phemex SNDKUSDT
Deribit SNDK_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Phemex. 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: +0.021% → −0.011%
- $3.17
- Slippage, 4 orders
- −$81.27
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$97.1
- Costs to cover
- 1.003%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; Deribit: live order book, 3 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 Phemex live order book, 4 min ago | 7.41 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 3 min ago | 9.38 bp | 14.6 bp −$15 | 17.5 bp −$175 | 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 | −0.0315% | 8h | 1,759 | +0.010% | $47.4M | $165.7M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,759.3 | +0.025% | $4.0M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0010% | 8h | 1,759.1 | +0.018% | $6.0M | $22.1M | 20x | as long as short |
| QFEX SNDK-USD | −0.0008% | 1h | 1,759.3 | +0.026% | $1.4M | $10.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,760.6 | +0.101% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,759.2 | +0.021% | $279.4M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,759.6 | +0.042% | $31.8M | $103.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,759.1 | +0.015% | $82.3M | $834.1M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,760.4 | +0.090% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,758.6 | −0.014% | $176.6M | $230.6M | 75x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,758.6 | −0.010% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,758.8 | −0.002% | $14K | $1.9M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,759.4 | +0.032% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,759 | +0.008% | $13K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,758.6 | −0.011% | $837 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUALshort | 0.0000% | 1h | 1,759.2 | +0.021% | $51K | $351K | 10x | |
| HTX SNDK-USDT | 0.0000% | 8h | 1,758.3 | −0.030% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDTlong | 0.0000% | 8h | 1,758.8 | long leg | $2.8M | $1.1M | 50x | |
| Vest SNDK-USD-PERP | +0.0013% | 1h | 1,756.8 | −0.115% | — | $581K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,759.9 | +0.061% | $703 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,759.8 | +0.053% | $1.8M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,759.1 | +0.013% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,759 | +0.009% | $491K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.338% | $36 | $9K | 12x | as long as short |
| Nado SNDK-PERP | +0.0035% | 1h | 1,759.3 | +0.024% | $328K | $1.5M | 10x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,758.8 | −0.001% | $253K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,759.4 | +0.032% | $242K | $675K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,758.9 | +0.004% | $118.4M | $158.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,759.3 | +0.027% | $4.7M | $19.8M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,758.2 | −0.036% | $184K | $131K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,758.8 | −0.003% | $719K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,758.8 | 0.000% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,759.3 | +0.027% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,758.6 | −0.012% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,759.4 | +0.034% | $196K | $303K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,760.1 | +0.069% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,758.6 | −0.013% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,759.6 | +0.041% | $429K | $2.3M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0262% | 4h | 1,759.8 | +0.056% | $559K | $353K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0401% | 1h | 1,759.1 | +0.016% | $126K | $346K | 20x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Nado SNDK-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
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD