Funding you earn now, next payment 07:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.018%
Price spread now: Lighter RH against Arcus−0.040%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$230.229% of the position
Funding, last 4 days (all we have)+0.016%+$2 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now −0.040%, 7d avg +0.046%
=Together, before fees+0.063%+ Points / potential airdropLighter RH: Points live · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.085% cheaper against Arcus than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SNDK-USD | 1,760 | 0.0040 | pay 0.0005% / 1h | 45m 45s | $254K | $1.5M | 10x |
| Short | Lighter RH SNDK | 1,759.3 | 0.0032 | get 0.0004% / 1h | 45m 45s | $1.3M | $9.5M | 10x |
Arcus SNDK-USD
Lighter RH SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Arcus. 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
- −$1.74
- Price spread: −0.040% → +0.046%
- −$8.53
- Slippage, 4 orders
- −$18.39
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$33.16
- Costs to cover
- 0.229%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 3 min ago; Lighter RH: live order book, 3 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 Arcus live order book, 3 min ago | 1.08 bp | 7.7 bp −$8 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.45 bp | 1.6 bp −$2 | 5.2 bp −$52 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0274% | 8h | 1,759.9 | −0.002% | $47.3M | $165.5M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,759.3 | −0.038% | $3.9M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0012% | 8h | 1,759.8 | −0.010% | $6.0M | $22.2M | 20x | as long as short |
| QFEX SNDK-USD | −0.0008% | 1h | 1,759.3 | −0.039% | $1.4M | $10.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,761 | +0.061% | $21.5M | $33.1M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,759.7 | −0.014% | $279.5M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,760.4 | +0.024% | $31.7M | $103.4M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,759.5 | −0.026% | $82.3M | $834.3M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,760.1 | +0.009% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,759.8 | −0.012% | $176.3M | $230.4M | 75x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,762.2 | +0.128% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,762 | +0.118% | $14K | $1.9M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,761.8 | +0.105% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,759 | −0.055% | $14K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,758.2 | −0.101% | $960 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,759.3 | −0.038% | $51K | $351K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,758.9 | −0.062% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,759.2 | −0.045% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0014% | 1h | 1,756.9 | −0.177% | — | $581K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,761.3 | +0.077% | $655 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,760.5 | +0.028% | $1.8M | $16.2M | 20x | as long as short |
| Lighter RH SNDKshort | +0.0032% | 1h | 1,759.3 | −0.040% | $1.3M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,760 | +0.003% | $497K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.273% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USDlong | +0.0040% | 1h | 1,760 | long leg | $254K | $1.5M | 10x | |
| Nado SNDK-PERP | +0.0043% | 1h | 1,759.7 | −0.012% | $325K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,759.4 | −0.032% | $242K | $675K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,759.5 | −0.026% | $118.4M | $158.7M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,760.1 | +0.008% | $4.7M | $19.8M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,758.5 | −0.083% | $184K | $131K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,759.2 | −0.043% | $719K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,759.1 | −0.047% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,759 | −0.055% | $1.4M | $5.1M | 5x | as long as short |
| edgeX SNDKUSDC | +0.0063% | 4h | 1,762.7 | +0.158% | $560K | $353K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,758.9 | −0.061% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,759.5 | −0.024% | $196K | $303K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,762 | +0.115% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,759.2 | −0.043% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,759.6 | −0.022% | $430K | $2.3M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0401% | 1h | 1,759.3 | −0.035% | $126K | $347K | 20x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Nado SNDK-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
edgeX SNDKUSDC
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD