Funding you earn now, next payment 02:00 UTC−0.0135%/8h= −14.8% APRnext payment −$0.17 per $10,000 · paid last 24h −0.031%
Price spread now: Phoenix against Vest+0.078%58s7-day average −0.749% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.078%, 7d avg −0.749%
=Together, before fees−0.253%+ Points / potential airdropVest: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phoenix is 0.827% dearer against Vest than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.749%): +$83 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 days. The two prices were read 58 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 | Vest SNDK-USD-PERP | 1,785.1 | 0.0046 | pay 0.0006% / 1h | 47m 54s | — | $581K | 10x |
| Short | Phoenix SNDK | 1,786.5 | −0.0090 | pay 0.0011% / 1h | 47m 54s | $278K | $193K | 15x |
Vest SNDK-USD-PERP
Phoenix SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Vest. 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
- −$28.45
- Price spread: +0.078% → −0.749%
- $82.69
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $45.25
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Phoenix: live order book, 12 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 12 min ago | 3.93 bp | 12.6 bp −$13 | 27.5 bp −$275 | doesn't fit | doesn't fit |
Vest: 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 39 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit SNDK_USDC-PERPETUAL | −0.0153% | 1h | 1,785.4 | +0.015% | $51K | $333K | 10x | as long as short |
| Phoenix SNDKshort | −0.0090% | 1h | 1,786.5 | +0.078% | $278K | $193K | 15x | |
| Entropy io:SNDK | −0.0059% | 1h | 1,785.4 | +0.016% | $4.9M | $20.3M | 10x | as long as short |
| Nado SNDK-PERP | −0.0045% | 1h | 1,786.2 | +0.061% | $359K | $1.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0023% | 1h | 1,784.4 | −0.040% | $1.6M | $15.1M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,785.6 | +0.027% | $21.8M | $37.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,784.5 | −0.034% | $285.7M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,785.5 | +0.020% | $32.1M | $99.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,784.7 | −0.023% | $85.4M | $821.3M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,786.3 | +0.067% | $170K | $1.8M | 20x | as long as short |
Deribit SNDK_USDC-PERPETUAL
Entropy io:SNDK
Nado SNDK-PERP
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDCShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,784.8 | −0.018% | $180.1M | $230.5M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,785.4 | +0.013% | $43.8M | $163.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,785.5 | +0.021% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,785.8 | +0.039% | $21K | $1.2M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,785.2 | +0.006% | $15K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,784.6 | −0.027% | $858 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,784.7 | −0.021% | $1.4M | $10.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,785.3 | +0.008% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0004% | 1h | 1,786.1 | +0.053% | $665 | $37K | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0010% | 1h | 1,784.8 | −0.017% | $114.4M | $145.6M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0024% | 1h | 1,786 | +0.047% | $439K | $2.3M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,786.3 | +0.068% | $1.7M | $16.0M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,785.9 | +0.045% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,785.8 | +0.038% | $477K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.832% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,784.6 | −0.029% | $311K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERPlong | +0.0046% | 1h | 1,785.1 | long leg | — | $581K | 10x | |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,785.1 | −0.001% | $245K | $645K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0048% | 8h | 1,784.7 | −0.023% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,784.8 | −0.017% | $187K | $134K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,785.5 | +0.019% | $730K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,785.9 | +0.044% | $1.4M | $5.1M | 5x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0058% | 1h | 1,785.6 | +0.029% | $130K | $352K | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,784.9 | −0.012% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0094% | 1h | 1,784.9 | −0.012% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,785 | −0.005% | $6.1M | $21.6M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,786.2 | +0.060% | $69K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,784.8 | −0.016% | $8K | $3K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0374% | 4h | 1,785.6 | +0.030% | $567K | $352K | 10x | as long as short |
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
tradeXYZ xyz:SNDK
Coinbase International SNDK-PERP-INTX
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Kraken Futures PF_SNDKUSD
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC