Funding you earn now, next payment 12:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.118%
Price spread now: edgeX against Phemex+0.067%78s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs+$55as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.627% of the position
Funding, last 7 days+1.173%+$117 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now +0.067%, 7d avg −0.010%
=Together, before fees+1.173%+ Points / potential airdropedgeX: Active · farm board+$117 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and edgeX is 0.078% dearer against Phemex than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.010%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SNDKUSDT | 1,772.2 | 0 | get 0.0000% / 8h | 5h 44m | $2.8M | $1.1M | 50x |
| Short | edgeX SNDKUSDC | 1,773.4 | 0.0064 | get 0.0032% / 4h | 1h 44m | $563K | $340K | 10x |
Phemex SNDKUSDT
edgeX SNDKUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $13.34
- Price spread: +0.067% → −0.010%
- $7.76
- Slippage, 4 orders
- −$41.68
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$41.58
- Costs to cover
- 0.627%
- Break-even
- 28.8 days
Slippage from Phemex: live order book, 2 min ago; edgeX: live order book, 2 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, 2 min ago | 2.29 bp | 29.9 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 2 min ago | 5.05 bp | 9.7 bp −$10 | 11.5 bp −$115 | 47.7 bp −$4,772 | doesn't fit |
SNDK on 40 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SNDKUSD | −0.0259% | 1h | 1,770.5 | −0.093% | $168K | $383K | 20x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,771.9 | −0.017% | $4.0M | $4.7M | 75x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,770.6 | −0.087% | $1.4M | $9.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,772.2 | −0.001% | $21.6M | $32.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,771.9 | −0.016% | $282.8M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,771.6 | −0.032% | $31.9M | $107.1M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,772 | −0.010% | $82.0M | $842.1M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,771.4 | −0.042% | $182.5M | $218.7M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,771.6 | −0.035% | $48.1M | $172.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,771.1 | −0.058% | $2.7M | $4.7M | — | as long as short |
Kraken Futures PF_SNDKUSD
BloFin SNDK-USDT
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDKShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,773.1 | +0.052% | $276K | $188K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,771.7 | −0.027% | $15K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,771.2 | −0.058% | $685 | $3.1M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,770.9 | −0.072% | $19K | $431K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,770.6 | −0.091% | $1.4M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDTlong | 0.0000% | 8h | 1,772.2 | long leg | $2.8M | $1.1M | 50x | |
| Aftermath Perps SNDKUSD | +0.0019% | 1h | 1,772.8 | +0.037% | $677 | $38K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,771.7 | −0.027% | $1.3M | $9.7M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,771.4 | −0.046% | $397K | $2.4M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.568% | $36 | $4K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,770.2 | −0.110% | $269K | $1.4M | 10x | as long as short |
| Nado SNDK-PERP | +0.0043% | 1h | 1,771.6 | −0.034% | $331K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,771.2 | −0.055% | — | $574K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,771.1 | −0.061% | $243K | $699K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,771.2 | −0.055% | $121.6M | $153.0M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,772.2 | +0.001% | $4.5M | $19.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,770.6 | −0.089% | $187K | $115K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,771.3 | −0.051% | $727K | $525K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,771.6 | −0.033% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0053% | 8h | 1,771.1 | −0.060% | — | — | 5x | as long as short |
| edgeX SNDKUSDCshort | +0.0064% | 4h | 1,773.4 | +0.067% | $563K | $340K | 10x | |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,771.4 | −0.046% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,771.4 | −0.041% | $199K | $305K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,771.8 | −0.019% | $6.1M | $23.0M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,772.9 | +0.038% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,771.4 | −0.046% | $8K | $3K | 20x | as long as short |
| GRVT SNDK_USDT_Perp | +0.0148% | 8h | 1,773.8 | +0.093% | $28K | $2.5M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0152% | 1h | 1,772.5 | +0.019% | $445K | $2.2M | 10x | as long as short |
| Lighter SNDK | +0.0176% | 1h | 1,772.2 | +0.001% | $1.8M | $16.7M | 20x | as long as short |
| RISEx SNDK/USDC | +0.0898% | 1h | 1,771.9 | −0.018% | $146K | $1.5M | 20x | as long as short |
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Nado SNDK-PERP
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
GRVT SNDK_USDT_Perp
Coinbase International SNDK-PERP-INTX
Lighter SNDK
RISEx SNDK/USDC