Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.043%
Price spread now: ApeX Omni against Phoenix−0.013%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days+0.215%+$22 on $10k
+Price spread, last 4 days (all we have)+0.208%+$21 · spread now −0.013%, 7d avg +0.013%
=Funding pays, the price is against you. ApeX Omni is 0.026% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.013%). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SNDK | 1,762.4 | 0 | get 0.0000% / 1h | 35m 07s | $275K | $193K | 15x |
| Short | ApeX Omni SNDKUSDT | 1,762.2 | 0.0100 | get 0.0013% / 1h | 35m 07s | $68K | $270K | 50x |
Phoenix SNDK
ApeX Omni SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phoenix. 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
- $21
- Price spread: −0.013% → +0.013%
- −$2.59
- Slippage, 4 orders
- −$36.66
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$35.25
- Costs to cover
- 0.537%
- Break-even
- 18.8 days
Slippage from Phoenix: live order book, 65 min ago; ApeX Omni: 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 Phoenix live order book, 65 min ago | 3.98 bp | 12.7 bp −$13 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 2 min ago | 8.20 bp | 14.1 bp −$14 | 40.8 bp −$408 | 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 | −0.0274% | 8h | 1,761.9 | −0.030% | $48.4M | $166.1M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,762.1 | −0.015% | $3.9M | $4.6M | 75x | as long as short |
| Nado SNDK-PERP | −0.0017% | 1h | 1,762.1 | −0.015% | $328K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0016% | 8h | 1,761.4 | −0.060% | $6.0M | $22.2M | 20x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,761.5 | −0.052% | $1.4M | $10.0M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,762.6 | +0.010% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,761.9 | −0.030% | $279.9M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,762.4 | +0.002% | $31.7M | $103.7M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,762.5 | +0.006% | $82.3M | $834.2M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,762.6 | +0.013% | $120K | $1.6M | 20x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
Nado SNDK-PERP
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDCShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,762.3 | −0.003% | $177.8M | $228.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,761.1 | −0.076% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,762.4 | +0.002% | $16K | $2.1M | 10x | as long as short |
| Phoenix SNDKlong | 0.0000% | 1h | 1,762.4 | long leg | $275K | $193K | 15x | |
| Bullet SNDK-USD | 0.0000% | 1h | 1,761.1 | −0.076% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,761.1 | −0.072% | $923 | $3.4M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,761 | −0.080% | $51K | $353K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,761 | −0.079% | $1.4M | $10.5M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,762.2 | −0.011% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,762.1 | −0.014% | $673 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0016% | 1h | 1,759.5 | −0.163% | — | $579K | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,762.3 | −0.006% | $1.8M | $16.3M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,761.8 | −0.033% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,761.9 | −0.030% | $493K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.131% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,761.1 | −0.075% | $254K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,761.1 | −0.074% | $243K | $652K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,762.6 | +0.011% | $119.5M | $159.5M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,762 | −0.023% | $4.6M | $19.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,760 | −0.136% | $185K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,761.6 | −0.048% | $720K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,761.7 | −0.040% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,761.7 | −0.040% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,761 | −0.079% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,761.9 | −0.027% | $197K | $308K | 10x | as long as short |
| ApeX Omni SNDKUSDTshort | +0.0100% | 1h | 1,762.2 | −0.013% | $68K | $270K | 50x | |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,760.8 | −0.090% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,762.4 | +0.001% | $429K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0274% | 1h | 1,761.9 | −0.029% | $127K | $339K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0798% | 4h | 1,761.8 | −0.032% | $560K | $351K | 10x | as long as short |
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
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
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
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC