Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.025%
Price spread now: Lighter against Deribit+0.015%7-day average +0.009% · 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−$30as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 4 days (all we have)+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now +0.015%, 7d avg +0.009%
=Together, before fees+0.076%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, 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 | Deribit SNDK_USDC-PERPETUAL | 1,781.3 | 0 | get 0.0000% / 1h | 48m 42s | $51K | $345K | 10x |
| Short | Lighter SNDK | 1,781.6 | 0.0032 | get 0.0004% / 1h | 48m 42s | $1.7M | $15.6M | 20x |
Deribit SNDK_USDC-PERPETUAL
Lighter SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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: +0.015% → +0.009%
- $0.54
- Slippage, 4 orders
- −$23.62
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$23.36
- Costs to cover
- 0.306%
- Break-even
- 31.3 days
Slippage from Deribit: live order book, 5 min ago; Lighter: live order book, 5 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 Deribit live order book, 5 min ago | 10.73 bp | 14.3 bp −$14 | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 0.67 bp | 0.7 bp −$1 | 1.3 bp −$13 | 7.2 bp −$722 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,780 | −0.075% | $4.0M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0118% | 1h | 1,781.9 | +0.033% | $4.9M | $19.8M | 10x | as long as short |
| Nado SNDK-PERP | −0.0050% | 1h | 1,782.4 | +0.063% | $348K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0037% | 8h | 1,781.3 | 0.000% | $6.1M | $22.1M | 20x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,781.1 | −0.015% | $1.4M | $12.5M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,785.5 | +0.237% | $436K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,781.5 | +0.009% | $21.7M | $34.1M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,780.8 | −0.029% | $283.9M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,781.4 | +0.003% | $32.2M | $101.1M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,781.8 | +0.027% | $83.4M | $824.3M | 75x | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
Nado SNDK-PERP
KuCoin SNDKUSDTM
QFEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,782.4 | +0.059% | $170K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,780.1 | −0.068% | $179.5M | $228.8M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,781.4 | +0.007% | $43.7M | $161.9M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,783.1 | +0.097% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,785 | +0.208% | $17K | $1.5M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,782.1 | +0.044% | $278K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,781.1 | −0.012% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,779.4 | −0.106% | $1K | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUALlong | 0.0000% | 1h | 1,781.3 | long leg | $51K | $345K | 10x | |
| HTX SNDK-USDT | 0.0000% | 8h | 1,780.2 | −0.065% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,780.3 | −0.056% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0005% | 1h | 1,784.7 | +0.187% | $701 | $38K | 5x | as long as short |
| Lighter SNDKshort | +0.0032% | 1h | 1,781.6 | +0.015% | $1.7M | $15.6M | 20x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,781 | −0.018% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,781.5 | +0.009% | $435K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.046% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,782 | +0.039% | $277K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,780.7 | −0.034% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,780.9 | −0.024% | $245K | $649K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,781.2 | −0.004% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,780.8 | −0.029% | $117.8M | $150.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,780.9 | −0.024% | $187K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,780.8 | −0.029% | $728K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,781.5 | +0.010% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,780.5 | −0.044% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,781.1 | −0.012% | $198K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,785 | +0.206% | $69K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,780.4 | −0.052% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0121% | 1h | 1,781.4 | +0.004% | $130K | $352K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0187% | 4h | 1,784.5 | +0.178% | $567K | $352K | 10x | as long as short |
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
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
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC