Funding you earn now, next payment 03:00 UTC−0.0139%/8h= −15.3% APRnext payment −$0.17 per $10,000 · paid last 24h −0.021%
Price spread now: Phoenix against tradeXYZ+0.017%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.017%, 7d avg +0.005%
=Together, before fees−0.223%+ Points / potential airdroptradeXYZ: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SNDK | 1,789 | 0.0050 | pay 0.0006% / 1h | 32m 49s | $115.1M | $146.4M | 10x |
| Short | Phoenix SNDK | 1,789.3 | −0.0089 | pay 0.0011% / 1h | 32m 49s | $279K | $193K | 15x |
tradeXYZ xyz:SNDK
Phoenix SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against tradeXYZ. 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
- −$29.27
- Price spread: +0.017% → +0.005%
- $1.14
- Slippage, 4 orders
- −$14.3
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$67.43
- Costs to cover
- 0.393%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Phoenix: live order book, 23 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 tradeXYZ live order book, 7 min ago | 0.28 bp | 9.7 bp −$10 | 10.5 bp −$105 | 13.7 bp −$1,366 | doesn't fit |
| Sell Phoenix live order book, 23 min ago | 2.79 bp | 10.1 bp −$10 | 21.0 bp −$210 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,789.2 | +0.008% | $4.0M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0105% | 1h | 1,789 | 0.000% | $4.9M | $19.9M | 10x | as long as short |
| Nado SNDK-PERP | −0.0096% | 1h | 1,790 | +0.053% | $311K | $1.5M | 10x | as long as short |
| Phoenix SNDKshort | −0.0089% | 1h | 1,789.3 | +0.017% | $279K | $193K | 15x | |
| QFEX SNDK-USD | −0.0033% | 1h | 1,788.9 | −0.004% | $1.4M | $13.6M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0032% | 1h | 1,785.7 | −0.184% | $439K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,789.2 | +0.010% | $21.8M | $37.0M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,788.9 | −0.003% | $287.0M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,789.4 | +0.022% | $32.6M | $100.1M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,788.7 | −0.017% | $84.7M | $826.2M | 75x | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
Nado SNDK-PERP
QFEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,790.1 | +0.063% | $170K | $1.7M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,788.9 | −0.006% | $180.0M | $230.8M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,788.8 | −0.011% | $43.9M | $161.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,788.8 | −0.013% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,789.1 | +0.008% | $15K | $1.4M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,789 | 0.000% | $15K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,788.3 | −0.039% | $1K | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,789.5 | +0.030% | $51K | $344K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,788.4 | −0.035% | $1.4M | $10.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,788.7 | −0.017% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0003% | 1h | 1,789.2 | +0.011% | $666 | $38K | 5x | as long as short |
| KuCoin SNDKUSDTM | +0.0009% | 8h | 1,788.1 | −0.051% | $6.1M | $22.3M | 20x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,790 | +0.055% | $1.7M | $15.7M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,789.5 | +0.027% | $1.4M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,788.9 | −0.007% | $450K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.613% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,788 | −0.059% | $277K | $1.4M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0044% | 1h | 1,789.6 | +0.035% | $130K | $352K | 20x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,788.9 | −0.005% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,789.2 | +0.011% | $247K | $647K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,789.2 | +0.011% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDKlong | +0.0050% | 1h | 1,789 | long leg | $115.1M | $146.4M | 10x | |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,788.8 | −0.011% | $188K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,789 | 0.000% | $731K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,788.9 | −0.006% | $1.4M | $5.0M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,788.7 | −0.017% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,789.3 | +0.014% | $199K | $287K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,789.7 | +0.041% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,788.2 | −0.048% | $8K | $3K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0775% | 4h | 1,788.7 | −0.015% | $568K | $353K | 10x | as long as short |
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
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
KuCoin SNDKUSDTM
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Kraken Futures PF_SNDKUSD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC