Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: Aster against Phoenix−0.086%95s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as 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−$390.394% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.086%, 7d avg −0.007%
=Together, before fees+0.290%+ Points / potential airdropAster: Stage 5 · farm board+$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.079% cheaper against Phoenix than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.007%. The two prices were read 95 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 | Phoenix SNDK | 1,768.3 | 0 | get 0.0000% / 1h | 1m 57s | $275K | $193K | 15x |
| Short | Aster SNDKUSD1 | 1,766.8 | 0 | get 0.0000% / 8h | 2h 01m | $21.6M | $33.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $0
- Price spread: −0.086% → −0.007%
- −$7.93
- Slippage, 4 orders
- −$24.39
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$47.33
- Costs to cover
- 0.394%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 44 min ago; Aster: 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, 44 min ago | 3.96 bp | 12.7 bp −$13 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 1.22 bp | 7.3 bp −$7 | 12.1 bp −$121 | 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 | −0.0237% | 8h | 1,766.7 | −0.090% | $47.3M | $164.7M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,767.1 | −0.068% | $3.9M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0025% | 8h | 1,766.2 | −0.121% | $6.1M | $22.2M | 20x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,766.4 | −0.110% | $1.4M | $10.6M | 10x | as long as short |
| Aster SNDKUSD1short | 0.0000% | 8h | 1,766.8 | −0.086% | $21.6M | $33.3M | 20x | |
| Binance SNDKUSDT | 0.0000% | 8h | 1,766.6 | −0.098% | $280.2M | $1.85B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,767.2 | −0.062% | $31.7M | $103.4M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,766.9 | −0.079% | $82.2M | $834.4M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,767.8 | −0.027% | $122K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,766.7 | −0.092% | $177.0M | $232.3M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,767.8 | −0.030% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,768.5 | +0.012% | $20K | $1.8M | 10x | as long as short |
| Phoenix SNDKlong | 0.0000% | 1h | 1,768.3 | long leg | $275K | $193K | 15x | |
| Bullet SNDK-USD | 0.0000% | 1h | 1,766.4 | −0.110% | $13K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,766.1 | −0.127% | $1K | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,766.2 | −0.118% | $51K | $350K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,765.8 | −0.140% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,766.1 | −0.123% | $2.8M | $1.1M | 50x | as long as short |
| Nado SNDK-PERP | +0.0014% | 1h | 1,767.3 | −0.056% | $328K | $1.5M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0015% | 1h | 1,766.8 | −0.083% | $657 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0017% | 1h | 1,764.8 | −0.199% | — | $581K | 10x | as long as short |
| Pacifica SNDK | +0.0024% | 1h | 1,766.7 | −0.090% | $196K | $303K | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,766.6 | −0.094% | $1.3M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,766 | −0.128% | $464K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.790% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,765.5 | −0.157% | $260K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,766.6 | −0.096% | $243K | $666K | 20x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,766.8 | −0.085% | $4.7M | $19.8M | 10x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,766.3 | −0.113% | $118.9M | $158.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,765.4 | −0.164% | $185K | $131K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,766.7 | −0.092% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,767 | −0.074% | $1.4M | $5.1M | 5x | as long as short |
| SoDEX SNDK-USD | +0.0054% | 1h | 1,766.2 | −0.121% | $722K | $520K | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0072% | 1h | 1,770.1 | +0.103% | $437K | $2.3M | 10x | as long as short |
| Lighter SNDK | +0.0080% | 1h | 1,767.3 | −0.055% | $1.8M | $16.4M | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,765.9 | −0.137% | $1K | — | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,766.6 | −0.098% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,766.3 | −0.114% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,766.8 | −0.082% | $127K | $347K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0463% | 4h | 1,767.6 | −0.041% | $561K | $353K | 10x | as long as short |
Phoenix SNDK
Aster SNDKUSD1
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
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
Pacifica SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
Paradex SNDK-USD-PERP
SoDEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Lighter SNDK
ApeX Omni SNDKUSDT
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC