SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.027%

Price spread now: Lighter RH against Entropy+0.209%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$260.256% of the position

Long on Entropy Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days−0.202%−$20 · spread now +0.209%, 7d avg +0.043%

Together, before fees−0.194%+ Points / potential airdropLighter RH: Points live · farm board−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.166% dearer against Entropy than usual: you sell high and buy low (spread +0.209% now, against its 7-day average of +0.043%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 31 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:SNDK	1,790.2	0.0050	pay 0.0006% / 1h	26m 41s	$4.9M	$20.3M	10x
Short	Lighter RH SNDK	1,794	0.0032	get 0.0004% / 1h	26m 41s	$1.4M	$9.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Entropy. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee EntropybpFee Lighter RHbpOrdersPrice spread, now +0.209%Rate

Funding earned: −$3.78
Price spread: +0.209% → +0.043%: $16.64
Slippage, 4 orders: −$7.61
Fee Entropy: 9 bp × 2 orders: −$18
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$12.74
Costs to cover: 0.256%
Break-even: never at this rate

Slippage from Entropy: live order book, just now; Lighter RH: live order book, 2 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 Entropy live order book, just now	0.84 bp	10.4 bp −$10	15.1 bp −$151	doesn't fit	doesn't fit
Sell Lighter RH live order book, 2 min ago	0.22 bp	2.4 bp −$2	5.6 bp −$56	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
BloFin SNDK-USDT	−0.0120%	8h	1,792.2	+0.114%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,793.3	+0.175%	$21.8M	$44.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,792.6	+0.132%	$286.6M	$1.84B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,794	+0.211%	$32.1M	$100.2M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,793.5	+0.184%	$86.6M	$837.4M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,793.5	+0.184%	$182.8M	$235.0M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,793.5	+0.185%	$48.1M	$169.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,786.6	−0.200%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,787	−0.182%	$22K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,787.7	−0.140%	$278K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SNDK-USD	0.0000%	1h	1,792.2	+0.112%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,790.9	+0.040%	$1K	$3.8M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,792.6	+0.134%	$50K	$314K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,792.2	+0.114%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,793.1	+0.159%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,791.8	+0.087%	$2.0M	$19.8M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,792.7	+0.142%	$171K	$1.8M	20x	as long as short
Aftermath Perps SNDKUSD	+0.0009%	1h	1,788.2	−0.113%	$715	$37K	5x	as long as short
Nado SNDK-PERP	+0.0009%	1h	1,792.4	+0.122%	$347K	$1.4M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,794.2	+0.226%	$1.7M	$16.3M	20x	as long as short
Lighter RH SNDKshort	+0.0032%	1h	1,794	+0.209%	$1.4M	$9.6M	10x
Extended SNDK_24_5-USD	+0.0032%	1h	1,794.1	+0.219%	$436K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.545%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.1	−0.115%	$304K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,791.1	+0.052%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,792.3	+0.117%	$246K	$647K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,793.3	+0.173%	$115.5M	$148.6M	10x	as long as short
Entropy io:SNDKlong	+0.0050%	1h	1,790.2	long leg	$4.9M	$20.3M	10x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,792	+0.101%	$188K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,793.6	+0.193%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787	−0.179%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,791.8	+0.091%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,792.7	+0.140%	$199K	$291K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,792.9	+0.150%	$6.1M	$21.9M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,790.5	+0.015%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,791.3	+0.063%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,793.7	+0.195%	$443K	$2.3M	10x	as long as short
SoDEX SNDK-USD	+0.0190%	1h	1,791.1	+0.049%	$732K	$515K	10x	as long as short
edgeX SNDKUSDC	+0.0623%	4h	1,787.8	−0.132%	$568K	$353K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0659%	1h	1,793.1	+0.160%	$130K	$379K	20x	as long as short