Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.011%
Price spread now: Lighter against Bybit+0.038%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$160.161% of the position
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now +0.038%, 7d avg −0.032%
=Together, before fees+0.044%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.070% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SNDKUSDT | 1,786 | 0 | get 0.0000% / 8h | 5h 55m | $32.1M | $99.6M | 100x |
| Short | Lighter SNDK | 1,786.7 | 0.0032 | get 0.0004% / 1h | 55m 29s | $1.7M | $16.0M | 20x |
Bybit SNDKUSDT
Lighter SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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: +0.038% → −0.032%
- $6.99
- Slippage, 4 orders
- −$5.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$2.36
- Costs to cover
- 0.161%
- Break-even
- 9.5 days
Slippage from Bybit: live order book, 4 min ago; Lighter: live order book, 8 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 Bybit live order book, 4 min ago | 0.03 bp | 7.4 bp −$7 | 10.3 bp −$103 | 28.6 bp −$2,864 | doesn't fit |
| Sell Lighter live order book, 8 min ago | 0.48 bp | 0.5 bp $0 | 0.9 bp −$9 | 4.4 bp −$444 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | −0.0045% | 1h | 1,784.5 | −0.086% | $278K | $193K | 15x | as long as short |
| QFEX SNDK-USD | −0.0023% | 1h | 1,785.3 | −0.044% | $1.6M | $15.3M | 10x | as long as short |
| Nado SNDK-PERP | 0.0000% | 1h | 1,786.4 | +0.021% | $359K | $1.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,785.9 | −0.010% | $21.8M | $37.2M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,785.5 | −0.029% | $285.8M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDTlong | 0.0000% | 8h | 1,786 | long leg | $32.1M | $99.6M | 100x | |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,785.8 | −0.013% | $85.4M | $822.0M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,786.5 | +0.024% | $170K | $1.8M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,785.5 | −0.029% | $180.1M | $230.4M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,785.2 | −0.046% | $43.8M | $163.5M | 75x | as long as short |
Phoenix SNDK
QFEX SNDK-USD
Nado SNDK-PERP
Aster SNDKUSD1
Binance SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDTShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,784.7 | −0.074% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,785.3 | −0.040% | $11K | $1.2M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,785.5 | −0.029% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,785.1 | −0.051% | $918 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,785.9 | −0.010% | $51K | $332K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,785.1 | −0.050% | $1.4M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,785.1 | −0.051% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0003% | 1h | 1,785.3 | −0.043% | $664 | $37K | 5x | as long as short |
| Entropy io:SNDK | +0.0017% | 1h | 1,785 | −0.058% | $4.9M | $20.5M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0024% | 1h | 1,782.5 | −0.200% | $435K | $2.3M | 10x | as long as short |
| Lighter SNDKshort | +0.0032% | 1h | 1,786.7 | +0.038% | $1.7M | $16.0M | 20x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,786 | −0.003% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,785.9 | −0.010% | $477K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.780% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,783.8 | −0.125% | $311K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,784.8 | −0.068% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,785.5 | −0.030% | $246K | $644K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0048% | 8h | 1,785.6 | −0.022% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,785.5 | −0.030% | $114.5M | $146.0M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,785.3 | −0.041% | $187K | $134K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,785.1 | −0.053% | $730K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,785.1 | −0.052% | $1.4M | $5.0M | 5x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0058% | 1h | 1,786.1 | +0.004% | $130K | $352K | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,785 | −0.055% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0094% | 1h | 1,785.6 | −0.027% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,785 | −0.058% | $6.1M | $21.6M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,785.8 | −0.011% | $69K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,784.7 | −0.074% | $8K | $3K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0338% | 4h | 1,784.7 | −0.076% | $567K | $351K | 10x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Entropy io:SNDK
Coinbase International SNDK-PERP-INTX
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
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