I2S bit question

AS a PLL. the phase noise is pretty good.
I know 🙂 And there is the adjustable delay of +/-32k steps of 1/(256 * F_VCO) => 0.3ps independently at each output (this feature was removed from the docs due to instable consistency at high temperatures) which is great for compensating skews on I2S lines at high samplerates.

Most fixed crystal clocks will measure better, but the Si5340 flexibility wins hands down in my use case.
 
Which is to say you don't care about close-in phase noise at all?
I somehow fail to follow your course of reasoning...

This is 768kHz zero signal DAC -> ADC loopback clocked by Si5340 - the peak at 54kHz is switching frequency of a cheap SMPS adapter powering the rig, the highest bin is some REW processing artefact - not many people test REW at these samplerates:

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And 350kHz @160db (i.e. below the 24th bit) sent to the DAC (apparently the 4M FFT statistics drills down to tiny signals):

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I do not claim these are SOTA results but the clock performance is OK for me. Compare with other ES9822 768kHz measurements available on this website and elsewhere.

But again - this thread is about I2S, not clocks.