Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter against Extended+0.078%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$130.129% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 7 days−0.048%−$5 · spread now +0.078%, 7d avg +0.008%
Together, before fees−0.004%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board$0 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 0.071% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SNDK_24_5-USD1,754.90.0032pay 0.0004% / 1h27m 01s$419K$1.9M10x
ShortLighter SNDK1,756.30.0056get 0.0007% / 1h27m 01s$1.8M$16.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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

Funding earned
$5.04
Price spread: +0.078% → +0.008%
$7.06
Slippage, 4 orders
−$7.92
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$0.83
Costs to cover
0.129%
Break-even
8.1 days
Slippage from Extended: live order book, 2 min ago; Lighter: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago1.74 bp4.8 bp −$512.9 bp −$129doesn't fitdoesn't fit
Sell Lighter live order book, 7 min ago0.65 bp3.1 bp −$313.3 bp −$13348.5 bp −$4,847doesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT−0.0274%8h1,756.4+0.086%$44.6M$162.5M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,756.3+0.079%$4.0M$4.5M75xas long as short
KuCoin SNDKUSDTM−0.0046%8h1,755.5+0.038%$6.0M$22.1M20xas long as short
Entropy io:SNDK−0.0014%1h1,756.7+0.104%$4.7M$19.8M10xas long as short
QFEX SNDK-USD−0.0004%1h1,754.6−0.016%$1.4M$10.7M10xas long as short
Aster SNDKUSD10.0000%8h1,756.3+0.081%$21.5M$33.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,755.4+0.032%$278.9M$1.84B75xas long as short
Bybit SNDKUSDT0.0000%8h1,755.8+0.053%$31.6M$103.2M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,755.7+0.047%$81.4M$825.8M75xas long as short
RISEx SNDK/USDC0.0000%1h1,755.9+0.058%$120K$1.6M20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,756+0.062%$174.9M$230.6M75xas long as short
Variational Omni SNDK0.0000%8h1,758.8+0.222%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,758.2+0.191%$15K$1.7M10xas long as short
Phoenix SNDK0.0000%1h1,760.4+0.315%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,755.2+0.016%$14K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,755.5+0.036%$674$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,755.2+0.017%$50K$347K10xas long as short
HTX SNDK-USDT0.0000%8h1,755.4+0.029%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,756.1+0.069%$2.8M$1.1M50xas long as short
Nado SNDK-PERP0.0000%1h1,755.8+0.051%$326K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0008%1h1,752.5−0.133%$584K10xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,759+0.236%$654$38K5xas long as short
Pacifica SNDK+0.0024%1h1,755.4+0.031%$195K$303K10xas long as short
Lighter RH SNDK+0.0032%1h1,755.6+0.041%$1.3M$9.4M10xas long as short
Extended SNDK_24_5-USDlong+0.0032%1h1,754.9long leg$419K$1.9M10x
Injective SNDK/USDC PERP+0.0033%1h1,800+2.569%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,757.3+0.139%$262K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,755.2+0.019%$242K$656K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,754.9+0.003%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,756+0.064%$117.2M$156.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,754.3−0.033%$183K$132K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,755.8+0.050%$717K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,755.5+0.036%$1.3M$5.1M5xas long as short
Lighter SNDKshort+0.0056%1h1,756.3+0.078%$1.8M$16.2M20x
Coinbase International SNDK-PERP-INTX+0.0072%1h1,758.9+0.230%$433K$2.3M10xas long as short
Aevo SNDK-PERP+0.0080%1h1,754.8−0.004%$1K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,759.4+0.257%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,754.5−0.024%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,755.3+0.023%$126K$354K20xas long as short
edgeX SNDKUSDC+0.0717%4h1,759.4+0.258%$559K$354K10xas long as short