Funding you earn now, next payment 11:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.08 per $10,000 · paid last 24h −0.018%
Price spread now: Lighter against ApeX Omni−0.005%78s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$230.228% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.005%, 7d avg −0.012%
=Together, before fees−0.061%+ Points / potential airdropLighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour. The two prices were read 78 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 | ApeX Omni SNDKUSDT | 1,772.6 | 0.0100 | pay 0.0013% / 1h | 6m 09s | $68K | $271K | 50x |
| Short | Lighter SNDK | 1,772.5 | 0.0160 | get 0.0020% / 1h | 6m 09s | $1.8M | $16.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. 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
- $12.6
- Price spread: −0.005% → −0.012%
- $0.68
- Slippage, 4 orders
- −$12.76
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$9.48
- Costs to cover
- 0.228%
- Break-even
- 12.3 days
Slippage from ApeX Omni: live order book, 39 min ago; Lighter: live order book, 6 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 ApeX Omni live order book, 39 min ago | 5.47 bp | 10.6 bp −$11 | 33.2 bp −$332 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.82 bp | 0.9 bp −$1 | 1.3 bp −$13 | 10.4 bp −$1,036 | doesn't fit |
SNDK on 40 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SNDKUSD | −0.0258% | 1h | 1,771.2 | −0.079% | $168K | $378K | 20x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,771.8 | −0.045% | $3.9M | $4.7M | 75x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,771.4 | −0.072% | $1.5M | $9.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,771.9 | −0.043% | $21.6M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,772.3 | −0.017% | $282.3M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,771.9 | −0.042% | $31.8M | $107.1M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,772.5 | −0.007% | $81.0M | $842.6M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,772.1 | −0.030% | $181.4M | $221.6M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,772.4 | −0.014% | $48.7M | $172.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,770.5 | −0.119% | $2.7M | $4.5M | — | as long as short |
Show all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,772.6 | −0.002% | $25K | $2.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,770.3 | −0.131% | $276K | $188K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,772.4 | −0.012% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,771.2 | −0.080% | $694 | $3.1M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,771.2 | −0.080% | $19K | $439K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,771 | −0.091% | $1.5M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,772.4 | −0.014% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0022% | 1h | 1,771.9 | −0.043% | $723 | $39K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,771.8 | −0.047% | $1.2M | $9.8M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,770.8 | −0.105% | $410K | $2.4M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.542% | $36 | $4K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,770.6 | −0.113% | $257K | $1.3M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,771.4 | −0.068% | — | $574K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,772.2 | −0.024% | $244K | $698K | 20x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,770.7 | −0.108% | $4.5M | $19.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,771.6 | −0.058% | $188K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,772 | −0.033% | $726K | $523K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,771.8 | −0.046% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0051% | 8h | 1,770.6 | −0.111% | — | — | 5x | as long as short |
| Nado SNDK-PERP | +0.0052% | 1h | 1,771.1 | −0.087% | $324K | $1.5M | 10x | as long as short |
| tradeXYZ xyz:SNDK | +0.0053% | 1h | 1,771.6 | −0.058% | $122.2M | $151.0M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,772.1 | −0.027% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,771.3 | −0.074% | $193K | $310K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,770.9 | −0.095% | $6.1M | $23.1M | 20x | as long as short |
| ApeX Omni SNDKUSDTlong | +0.0100% | 1h | 1,772.6 | long leg | $68K | $271K | 50x | |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,771.4 | −0.068% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0152% | 1h | 1,770.1 | −0.140% | $448K | $2.2M | 10x | as long as short |
| Lighter SNDKshort | +0.0160% | 1h | 1,772.5 | −0.005% | $1.8M | $16.8M | 20x | |
| edgeX SNDKUSDC | +0.0306% | 4h | 1,771.3 | −0.072% | $563K | $338K | 10x | as long as short |
| RISEx SNDK/USDC | +0.0898% | 1h | 1,772.3 | −0.017% | $146K | $1.5M | 20x | as long as short |
ApeX Omni SNDKUSDT
Lighter SNDK
Kraken Futures PF_SNDKUSD
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Pacifica SNDK
KuCoin SNDKUSDTM
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC
RISEx SNDK/USDC