Spread before costs (cost unknown: a leg has no order-book sample)+0.167%
7d average+0.002%if it closes, per $10,000$17funding while held, a day+$2.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SNDK | 1,739 | −0.0046 | get 0.0006% / 1h | 27m 55s | $272K | $151K | 15x |
| Short | Ondo Perps SNDK-USD.P | 1,741.9 | 0.0050 | get 0.0006% / 1h | 27m 55s | $1.4M | $4.2M | 5x |
Phoenix SNDK
Ondo Perps SNDK-USD.PPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $16.68
- Funding while held
- $2.88
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $7.56
- Spread needed to break even
- 0.120%
Slippage unknown: Phoenix: live order book, 9 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0096%
- Per $10,000 a day
- +$2.88
- Average in range /8h
- —
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, 9 min ago | 2.87 bp | 10.6 bp −$11 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni1,738.3cheapestCoinbase International1,738.9+0.035%
Variational Omni
Coinbase InternationalPhoenix1,739+0.039%
edgeX1,740.1+0.103%ApeX Omni1,740.4+0.121%Vest1,740.6+0.132%Aftermath Perps1,741+0.154%Orderly1,741.4+0.179%Entropy1,741.5+0.182%Polymarket Perps1,741.6+0.188%Aevo1,741.6+0.189%Popdex1,741.7+0.194%BloFin1,741.7+0.196%HTX1,741.9+0.205%
ApeX Omni
Vest
Orderly
Entropy
Polymarket Perps
Aevo
Popdex
BloFin
HTXOndo Perps1,741.9+0.205%
Arcus1,742+0.211%Bullet1,742.1+0.216%Lighter RH1,742.2+0.220%tradeXYZ1,742.2+0.223%SoDEX1,742.2+0.223%KuCoin1,742.2+0.225%Nado1,742.3+0.226%Pacifica1,742.4+0.233%Deribit1,742.4+0.234%Gate1,742.4+0.234%Paradex1,742.4+0.235%Phemex1,742.4+0.236%QFEX1,742.5+0.237%SunX1,742.5+0.238%OKX1,742.5+0.240%Binance1,742.5+0.242%Aster1,742.6+0.244%Bitget1,742.6+0.247%Lighter1,742.7+0.251%Bybit1,742.7+0.253%Extended1,743+0.266%Kraken Futures1,743+0.269%RISEx1,743.9+0.320%Injective1,800+3.545%
Arcus
Bullet
Lighter RH
tradeXYZ
SoDEX
KuCoin
Nado
Pacifica
Deribit
Gate
Paradex
Phemex
QFEX
SunX
OKX
Binance
Aster
Bitget
Lighter
Bybit
Extended
Kraken Futures
RISEx
InjectiveSNDK on 39 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | −0.038% | 0.0000% | 8h | $2.6M | $4.4M | — | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.003% | +0.0032% | 1h | $424K | $2.2M | 10x | as long as short |
| Phoenix SNDKlong | 0.000% | −0.0046% | 1h | $272K | $151K | 15x | |
| edgeX SNDKUSDC | +0.064% | +0.0266% | 4h | $550K | $347K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.083% | +0.0100% | 1h | $67K | $268K | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.093% | +0.0034% | 1h | — | $495K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.115% | −0.0035% | 1h | $732 | $34K | 5x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.140% | +0.0100% | 8h | $8K | $1K | 20x | as long as short |
| Entropy io:SNDK | +0.144% | +0.0011% | 1h | $3.3M | $18.4M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.150% | +0.0050% | 1h | $193K | $183K | 10x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo SNDK-PERP | +0.150% | +0.0080% | 1h | $1K | — | 10x | as long as short |
| Popdex SNDKUSDT | +0.155% | +0.0048% | 1h | $240K | $594K | 20x | as long as short |
| BloFin SNDK-USDT | +0.158% | −0.0120% | 8h | $4.5M | $4.0M | 75x | as long as short |
| HTX SNDK-USDT | +0.166% | 0.0000% | 8h | $1.5M | $10.3M | 50x | as long as short |
| Ondo Perps SNDK-USD.Pshort | +0.167% | +0.0050% | 1h | $1.4M | $4.2M | 5x | |
| Arcus SNDK-USD | +0.172% | −0.0280% | 1h | $295K | $1.6M | 10x | as long as short |
| Bullet SNDK-USD | +0.178% | 0.0000% | 1h | $14K | $295K | 10x | as long as short |
| Lighter RH SNDK | +0.182% | +0.0032% | 1h | $1.3M | $9.7M | 10x | as long as short |
| tradeXYZ xyz:SNDK | +0.184% | +0.0007% | 1h | $107.3M | $133.6M | 10x | as long as short |
| SoDEX SNDK-USD | +0.184% | +0.0050% | 1h | $712K | $488K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.186% | +0.0100% | 8h | $6.8M | $19.8M | 20x | as long as short |
| Nado SNDK-PERP | +0.188% | +0.0071% | 1h | $328K | $1.2M | 10x | as long as short |
| Pacifica SNDK | +0.194% | +0.0100% | 1h | $196K | $246K | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.195% | +0.0003% | 1h | $47K | $181K | 10x | as long as short |
| Gate SNDK_USDT | +0.196% | 0.0000% | 8h | $195.5M | $219.7M | 75x | as long as short |
| Paradex SNDK-USD-PERP | +0.196% | +0.0046% | 8h | — | — | 5x | as long as short |
| Phemex SNDKUSDT | +0.198% | 0.0000% | 8h | $2.8M | $679K | 50x | as long as short |
| QFEX SNDK-USD | +0.198% | −0.0011% | 1h | $2.2M | $21.8M | 10x | as long as short |
| SunX SNDK-USDT | +0.200% | 0.0000% | 8h | $1K | $3.9M | 20x | as long as short |
| OKX SNDK-USDT-SWAP | +0.201% | 0.0000% | 8h | $92.0M | $744.9M | 75x | as long as short |
| Binance SNDKUSDT | +0.203% | 0.0000% | 8h | $289.0M | $1.71B | 75x | as long as short |
| Aster SNDKUSD1 | +0.205% | 0.0000% | 8h | $21.5M | $39.0M | 20x | as long as short |
| Bitget SNDKUSDT | +0.208% | 0.0000% | 8h | $48.8M | $152.9M | 75x | as long as short |
| Lighter SNDK | +0.212% | +0.0032% | 1h | $1.9M | $15.0M | 20x | as long as short |
| Bybit SNDKUSDT | +0.214% | 0.0000% | 8h | $31.6M | $94.6M | 100x | as long as short |
| Extended SNDK_24_5-USD | +0.227% | +0.0032% | 1h | $438K | $1.6M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.231% | +0.0143% | 1h | $128K | $375K | 20x | as long as short |
| RISEx SNDK/USDC | +0.282% | +0.0083% | 1h | $155K | $1.8M | 20x | as long as short |
| Injective SNDK/USDC PERP | +3.505% | +0.0033% | 1h | $36 | $78K | 12x | as long as short |