Funding you earn now, next payment 06:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.011%
Price spread now: Lighter against Gate+0.063%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$190.188% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 7 days−0.070%−$7 · spread now +0.063%, 7d avg −0.028%
=Together, before fees+0.069%+ Points / potential airdropLighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.091% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SNDK_USDT | 1,774 | 0 | get 0.0000% / 8h | 2h 51m | $177.7M | $228.3M | 75x |
| Short | Lighter SNDK | 1,775.1 | 0.0128 | get 0.0016% / 1h | 51m 54s | $1.8M | $15.7M | 20x |
Gate SNDK_USDT
Lighter SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $26.88
- Price spread: +0.063% → −0.028%
- $9.14
- Slippage, 4 orders
- −$3.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $17.27
- Costs to cover
- 0.188%
- Break-even
- 2.5 days
Slippage from Gate: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 2 min ago | 0.03 bp | 7.6 bp −$8 | 22.9 bp −$229 | 39.6 bp −$3,959 | 63.9 bp −$31.9K |
| Sell Lighter live order book, 7 min ago | 0.03 bp | 0.1 bp $0 | 2.2 bp −$22 | 31.1 bp −$3,110 | 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 | 1,772.6 | −0.076% | $3.9M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0043% | 8h | 1,773.5 | −0.029% | $6.1M | $22.1M | 20x | as long as short |
| Bitget SNDKUSDT | −0.0032% | 8h | 1,773 | −0.056% | $44.7M | $162.7M | 75x | as long as short |
| Nado SNDK-PERP | −0.0022% | 1h | 1,774 | +0.003% | $338K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,773.5 | −0.028% | $1.4M | $11.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,773.9 | −0.005% | $21.7M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,773.3 | −0.036% | $280.2M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,773.7 | −0.014% | $32.0M | $102.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,773.3 | −0.038% | $82.8M | $832.3M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,774.6 | +0.033% | $121K | $1.6M | 20x | as long as short |
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Bitget SNDKUSDT
Nado SNDK-PERP
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDCShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDTlong | 0.0000% | 8h | 1,774 | long leg | $177.7M | $228.3M | 75x | |
| Variational Omni SNDK | 0.0000% | 8h | 1,770.4 | −0.203% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,768.9 | −0.288% | $22K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,767.8 | −0.348% | $275K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,773.1 | −0.048% | $14K | $285K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,773.7 | −0.015% | $954 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,773.3 | −0.039% | $51K | $347K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,772 | −0.113% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,773.9 | −0.005% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,769.5 | −0.250% | $658 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0015% | 1h | 1,771.7 | −0.127% | — | $586K | 10x | as long as short |
| Entropy io:SNDK | +0.0022% | 1h | 1,770.9 | −0.173% | $4.8M | $19.7M | 10x | as long as short |
| Pacifica SNDK | +0.0024% | 1h | 1,773.5 | −0.025% | $197K | $298K | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,773.7 | −0.016% | $1.4M | $9.3M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,773.1 | −0.047% | $424K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.465% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,769.3 | −0.266% | $263K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,773.3 | −0.038% | $245K | $655K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,773.4 | −0.031% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,774.6 | +0.036% | $118.1M | $153.8M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,772.6 | −0.077% | $185K | $132K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,773.2 | −0.043% | $1.4M | $5.1M | 5x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0072% | 1h | 1,773.7 | −0.014% | $435K | $2.4M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,773.1 | −0.049% | $1K | — | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,769.4 | −0.255% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,772 | −0.112% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0121% | 1h | 1,774.1 | +0.007% | $128K | $355K | 20x | as long as short |
| Lighter SNDKshort | +0.0128% | 1h | 1,775.1 | +0.063% | $1.8M | $15.7M | 20x | |
| edgeX SNDKUSDC | +0.0614% | 4h | 1,769.4 | −0.255% | $562K | $351K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0654% | 1h | 1,772.7 | −0.073% | $725K | $513K | 10x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Vest SNDK-USD-PERP
Entropy io:SNDK
Pacifica SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
Ondo Perps SNDK-USD.P
Coinbase International SNDK-PERP-INTX
Aevo SNDK-PERP
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC
SoDEX SNDK-USD