Funding you earn now, next payment 06:00 UTC−0.0090%/8h= −9.9% APRnext payment −$0.11 per $10,000 · paid last 24h −0.060%
Price spread now: Lighter RH against Kraken Futures+0.001%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.344% of the position
Funding, last 7 days−0.783%−$78 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now +0.001%, 7d avg +0.011%
=Together, before fees−0.714%+ Points / potential airdropLighter RH: Points live · farm board−$71 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SNDKUSD | 1,755.3 | 0.0122 | pay 0.0015% / 1h | 26m 45s | $126K | $354K | 20x |
| Short | Lighter RH SNDK | 1,755.3 | 0.0032 | get 0.0004% / 1h | 26m 45s | $1.3M | $9.5M | 10x |
Kraken Futures PF_SNDKUSD
Lighter RH SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Kraken Futures. 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
- −$18.98
- Price spread: +0.001% → +0.011%
- −$1.02
- Slippage, 4 orders
- −$24.43
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$54.43
- Costs to cover
- 0.344%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 21 min ago; 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 Kraken Futures live order book, 21 min ago | 2.83 bp | 12.2 bp −$12 | 36.6 bp −$366 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 0.94 bp | 1.4 bp −$1 | 4.8 bp −$48 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0294% | 8h | 1,755.3 | −0.001% | $44.6M | $162.7M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,756.3 | +0.056% | $4.0M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0045% | 8h | 1,755.2 | −0.007% | $6.0M | $22.1M | 20x | as long as short |
| Entropy io:SNDK | −0.0011% | 1h | 1,756.4 | +0.064% | $4.7M | $19.8M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,754.6 | −0.039% | $1.4M | $10.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,755.8 | +0.031% | $21.5M | $33.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,755.3 | +0.003% | $278.9M | $1.84B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,755 | −0.014% | $31.6M | $103.2M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,755.2 | −0.004% | $81.4M | $825.3M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,756 | +0.044% | $120K | $1.6M | 20x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Entropy io:SNDK
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_USDT | 0.0000% | 8h | 1,755.3 | +0.002% | $174.8M | $230.6M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,758.8 | +0.198% | $2.5M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,758.2 | +0.167% | $15K | $1.7M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,760.4 | +0.292% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,755.2 | −0.007% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,755.5 | +0.013% | $674 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,755.2 | −0.006% | $50K | $347K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,755.4 | +0.006% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,756.1 | +0.046% | $2.8M | $1.1M | 50x | as long as short |
| Nado SNDK-PERP | 0.0000% | 1h | 1,755.8 | +0.028% | $326K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0008% | 1h | 1,752.5 | −0.156% | — | $584K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,759 | +0.213% | $654 | $38K | 5x | as long as short |
| Pacifica SNDK | +0.0024% | 1h | 1,755.2 | −0.003% | $195K | $303K | 10x | as long as short |
| Lighter RH SNDKshort | +0.0032% | 1h | 1,755.3 | +0.001% | $1.3M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,754.3 | −0.057% | $419K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.546% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,756.4 | +0.066% | $261K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,755.2 | −0.004% | $242K | $656K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,754.3 | −0.056% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,755.1 | −0.010% | $117.1M | $156.3M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,754.3 | −0.056% | $183K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,755.8 | +0.027% | $717K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,755.5 | +0.013% | $1.3M | $5.1M | 5x | as long as short |
| Lighter SNDK | +0.0064% | 1h | 1,755.9 | +0.037% | $1.8M | $16.2M | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0072% | 1h | 1,758.9 | +0.207% | $433K | $2.3M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,754.8 | −0.027% | $1K | — | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,759.4 | +0.234% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,754.5 | −0.047% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSDlong | +0.0122% | 1h | 1,755.3 | long leg | $126K | $354K | 20x | |
| edgeX SNDKUSDC | +0.0717% | 4h | 1,759.4 | +0.235% | $559K | $354K | 10x | as long as short |
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Nado SNDK-PERP
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Pacifica 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
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Lighter SNDK
Coinbase International SNDK-PERP-INTX
Aevo SNDK-PERP
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC