Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Lighter RH against Bullet+0.020%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$150.152% of the position
Funding, last 3 days (all we have)+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now +0.020%, 7d avg +0.019%
=Together, before fees+0.094%+ Points / potential airdropLighter RH: Points live · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SNDK-USD | 1,764.6 | 0 | get 0.0000% / 1h | 20m 42s | $13K | $290K | 10x |
| Short | Lighter RH SNDK | 1,764.9 | 0.0032 | get 0.0004% / 1h | 20m 42s | $1.3M | $9.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bullet. 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
- $6.72
- Price spread: +0.020% → +0.019%
- $0.1
- Slippage, 4 orders
- −$7.24
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$8.42
- Costs to cover
- 0.152%
- Break-even
- 15.8 days
Slippage from Bullet: live order book, 23 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 Bullet live order book, 23 min ago | 0.57 bp | 6.4 bp −$6 | 20.6 bp −$206 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.22 bp | 1.4 bp −$1 | 3.5 bp −$35 | 35.6 bp −$3,562 | 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 | −0.0332% | 8h | 1,765 | +0.028% | $48.4M | $166.8M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,764.9 | +0.017% | $3.9M | $4.6M | 75x | as long as short |
| QFEX SNDK-USD | −0.0008% | 1h | 1,764.6 | +0.003% | $1.4M | $10.3M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0003% | 8h | 1,764.2 | −0.023% | $6.0M | $22.2M | 20x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,765.6 | +0.061% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,764.7 | +0.010% | $280.5M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,764.9 | +0.022% | $31.8M | $103.4M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,764.6 | +0.003% | $82.6M | $837.6M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,765.9 | +0.074% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,764.7 | +0.011% | $177.6M | $231.3M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,764.5 | −0.003% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,763.5 | −0.062% | $11K | $2.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,761 | −0.201% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USDlong | 0.0000% | 1h | 1,764.6 | long leg | $13K | $290K | 10x | |
| SunX SNDK-USDT | 0.0000% | 8h | 1,763.7 | −0.049% | $875 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,764.6 | +0.002% | $51K | $351K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,763.8 | −0.042% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,764.8 | +0.015% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0013% | 1h | 1,762.5 | −0.114% | $656 | $37K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0016% | 1h | 1,762 | −0.143% | — | $581K | 10x | as long as short |
| Nado SNDK-PERP | +0.0019% | 1h | 1,764.2 | −0.018% | $328K | $1.5M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,765.7 | +0.066% | $1.8M | $16.3M | 20x | as long as short |
| Lighter RH SNDKshort | +0.0032% | 1h | 1,764.9 | +0.020% | $1.3M | $9.6M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,764.2 | −0.019% | $491K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.007% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,762.3 | −0.130% | $254K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,764.7 | +0.008% | $242K | $668K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,764.6 | +0.003% | $118.8M | $158.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,763.6 | −0.054% | $4.7M | $19.6M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,763.8 | −0.043% | $185K | $130K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,764.4 | −0.008% | $721K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,764.5 | −0.002% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,764.4 | −0.009% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,764.3 | −0.013% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,764.3 | −0.012% | $198K | $304K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,763.7 | −0.048% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,764.7 | +0.010% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,761 | −0.203% | $431K | $2.3M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0400% | 1h | 1,765 | +0.023% | $127K | $346K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0501% | 4h | 1,763 | −0.089% | $560K | $352K | 10x | as long as short |
Bullet SNDK-USD
Lighter RH SNDK
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC