After costs, if the gap returns to its 7d average, $10k−$14
spread now+0.146%7d average−0.047%fees + slippage, in and out−$34spread needed0.338%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SNDK | 1,782.5 | −0.0045 | get 0.0006% / 1h | 25m 31s | $278K | $120K | 15x |
| Short | Polymarket Perps SNDK-USD | 1,785.1 | 0.0050 | get 0.0006% / 1h | 25m 31s | $195K | $188K | 10x |
Price 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
- $14.59
- Funding while held
- $2.85
- Slippage, 4 orders
- −$18.76
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$16.32
- Spread needed to break even
- 0.338%
Slippage from Phoenix: live order book, 27 min ago; Polymarket Perps: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0095%
- Per $10,000 a day
- +$2.85
- 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, 27 min ago | 2.82 bp | 10.7 bp −$11 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 28 min ago | 1.13 bp | 7.2 bp −$7 | 8.2 bp −$82 | 10.5 bp −$1,052 | doesn't fit |
SNDK price on every exchange
against the cheapest. Click to use as the short leg.SNDK on 39 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni SNDKUSDT | −0.033% | +0.0100% | 1h | $69K | $268K | 50x | as long as short |
| Phoenix SNDKlong | 0.000% | −0.0045% | 1h | $278K | $120K | 15x | |
| edgeX SNDKUSDC | +0.004% | +0.0250% | 4h | $564K | $345K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.018% | −0.0030% | 1h | $722 | $32K | 5x | as long as short |
| Entropy io:SNDK | +0.107% | −0.0102% | 1h | $3.7M | $16.9M | 10x | as long as short |
| Polymarket Perps SNDK-USDshort | +0.146% | +0.0050% | 1h | $195K | $188K | 10x | |
| SunX SNDK-USDT | +0.149% | 0.0000% | 8h | $862 | $3.2M | 20x | as long as short |
| Nado SNDK-PERP | +0.152% | +0.0028% | 1h | $385K | $1.0M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.153% | +0.0046% | 1h | — | $316K | 10x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.167% | +0.0100% | 8h | $8K | $1K | 20x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus SNDK-USD | +0.174% | +0.0040% | 1h | $333K | $1.5M | 10x | as long as short |
| Aevo SNDK-PERP | +0.176% | +0.0080% | 1h | $1K | — | 10x | as long as short |
| SoDEX SNDK-USD | +0.194% | +0.0050% | 1h | $731K | $395K | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.194% | +0.0080% | 1h | $615K | $1.7M | 10x | as long as short |
| HTX SNDK-USDT | +0.199% | 0.0000% | 8h | $1.5M | $6.3M | 50x | as long as short |
| Bullet SNDK-USD | +0.201% | 0.0000% | 1h | $14K | $295K | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.202% | 0.0000% | 1h | $45K | $156K | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.202% | +0.0032% | 1h | $442K | $1.5M | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.219% | +0.0050% | 1h | $1.6M | $3.4M | 5x | as long as short |
| BloFin SNDK-USDT | +0.219% | −0.0120% | 8h | $4.6M | $3.6M | 75x | as long as short |
| QFEX SNDK-USD | +0.220% | −0.0005% | 1h | $2.3M | $21.5M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.227% | +0.0049% | 8h | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.236% | +0.0050% | 1h | $119.0M | $110.4M | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.240% | +0.0036% | 8h | $6.2M | $17.8M | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.243% | +0.0363% | 1h | $131K | $297K | 20x | as long as short |
| Lighter RH SNDK | +0.246% | +0.0032% | 1h | $1.4M | $8.7M | 10x | as long as short |
| Phemex SNDKUSDT | +0.248% | 0.0000% | 8h | $2.8M | $607K | 50x | as long as short |
| Variational Omni SNDK | +0.249% | 0.0000% | 8h | $2.6M | $3.2M | — | as long as short |
| Gate SNDK_USDT | +0.250% | 0.0000% | 8h | $208.9M | $168.6M | 75x | as long as short |
| Popdex SNDKUSDT | +0.252% | +0.0048% | 1h | $246K | $479K | 20x | as long as short |
| Pacifica SNDK | +0.255% | +0.0100% | 1h | $212K | $268K | 10x | as long as short |
| Bitget SNDKUSDT | +0.256% | 0.0000% | 8h | $54.2M | $114.3M | 75x | as long as short |
| Aster SNDKUSD1 | +0.259% | 0.0000% | 8h | $22.1M | $35.2M | 20x | as long as short |
| Binance SNDKUSDT | +0.268% | 0.0000% | 8h | $303.5M | $1.32B | 75x | as long as short |
| OKX SNDK-USDT-SWAP | +0.269% | 0.0000% | 8h | $95.0M | $576.8M | 75x | as long as short |
| Lighter SNDK | +0.276% | +0.0032% | 1h | $1.8M | $13.2M | 20x | as long as short |
| Bybit SNDKUSDT | +0.277% | 0.0000% | 8h | $32.2M | $77.0M | 100x | as long as short |
| RISEx SNDK/USDC | +0.327% | +0.0008% | 1h | $95K | $882K | 20x | as long as short |
| Injective SNDK/USDC PERP | +0.980% | −0.0220% | 1h | $36 | $214K | 12x | as long as short |
Phoenix SNDK
Polymarket Perps SNDK-USD
ApeX Omni
SunX
SoDEX
Coinbase International
HTX
Bullet
Deribit
Extended
BloFin
Paradex
tradeXYZ
KuCoin
Kraken Futures
Lighter RH
Phemex
Variational Omni
Gate
Popdex
Pacifica
Bitget
Aster
Binance
OKX
Lighter
Bybit
RISEx
Injective