Funding you earn now, next payment 07:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.011%
Price spread now: Injective against Phoenix+2.178%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 2.178% dearer against Phoenix than usual: you sell high and buy low: +$218 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SNDK | 1,761.6 | 0 | get 0.0000% / 1h | 10m 38s | $274K | $193K | 15x |
| Short | Injective SNDK/USDC PERP | 1,800 | 0.0033 | get 0.0004% / 1h | 10m 38s | $36 | $9K | 12x |
Phoenix SNDK
Injective SNDK/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $7
- Price spread: +2.178% → 0.000%
- $217.76
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $217.74
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Phoenix: live order book, 25 min ago; Injective: no order-book sample. 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 Phoenix live order book, 25 min ago | 2.84 bp | 11.0 bp −$11 | 23.2 bp −$232 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0254% | 8h | 1,761.5 | −0.004% | $48.2M | $165.9M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,760.2 | −0.078% | $3.9M | $4.6M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0003% | 8h | 1,760.5 | −0.064% | $6.0M | $22.5M | 20x | as long as short |
| Nado SNDK-PERP | −0.0002% | 1h | 1,760.5 | −0.060% | $330K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,760 | −0.090% | $1.4M | $9.9M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,761.9 | +0.015% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,761.1 | −0.028% | $279.9M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,761.1 | −0.026% | $31.8M | $103.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,761.3 | −0.017% | $82.2M | $833.3M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,761.4 | −0.012% | $120K | $1.6M | 20x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Nado SNDK-PERP
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 | 1,760.2 | −0.079% | $178.9M | $229.5M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,760 | −0.089% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,761.7 | +0.006% | $18K | $2.1M | 10x | as long as short |
| Phoenix SNDKlong | 0.0000% | 1h | 1,761.6 | long leg | $274K | $193K | 15x | |
| Bullet SNDK-USD | 0.0000% | 1h | 1,760.2 | −0.077% | $14K | $289K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,759.9 | −0.096% | $787 | $3.4M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,760.3 | −0.075% | $51K | $355K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,759.8 | −0.104% | $1.4M | $10.5M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,760.2 | −0.079% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0015% | 1h | 1,758.2 | −0.196% | — | $579K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0016% | 1h | 1,761.1 | −0.027% | $715 | $38K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,761.3 | −0.018% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,760.2 | −0.077% | $495K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERPshort | +0.0033% | 1h | 1,800 | +2.178% | $36 | $9K | 12x | |
| Lighter SNDK | +0.0040% | 1h | 1,761.9 | +0.016% | $1.8M | $16.4M | 20x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,759.8 | −0.100% | $254K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,760.4 | −0.068% | $242K | $652K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,760.5 | −0.062% | $119.8M | $158.0M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,760.5 | −0.062% | $4.6M | $19.6M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,759.1 | −0.142% | $185K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,760.3 | −0.072% | $720K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,760.7 | −0.054% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,762 | +0.023% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,759.9 | −0.096% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,760.8 | −0.045% | $197K | $307K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,761.9 | +0.016% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,760.1 | −0.087% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,762.4 | +0.046% | $428K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0274% | 1h | 1,760.5 | −0.065% | $126K | $340K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0857% | 4h | 1,761.3 | −0.017% | $560K | $352K | 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
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Lighter SNDK
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
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC