Funding you earn now, next payment 09:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.021%
Price spread now: Arcus against Lighter−0.148%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$130.133% of the position
Funding, last 4 days (all we have)−0.009%−$1 on $10k
+Price spread, last 7 days+0.101%+$10 · spread now −0.148%, 7d avg −0.048%
=Together, before fees+0.092%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.101% cheaper against Lighter than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SNDK | 1,746.5 | 0.0032 | pay 0.0004% / 1h | 27m 05s | $1.7M | $16.5M | 20x |
| Short | Arcus SNDK-USD | 1,743.9 | 0.0040 | get 0.0005% / 1h | 27m 05s | $249K | $1.4M | 10x |
Lighter SNDK
Arcus SNDK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter. 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
- $1.74
- Price spread: −0.148% → −0.048%
- −$10.07
- Slippage, 4 orders
- −$8.76
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$21.59
- Costs to cover
- 0.133%
- Break-even
- 93.9 days
Slippage from Lighter: live order book, 7 min ago; Arcus: 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 Lighter live order book, 7 min ago | 0.71 bp | 1.2 bp −$1 | 2.0 bp −$20 | 31.0 bp −$3,103 | doesn't fit |
| Sell Arcus live order book, 2 min ago | 1.03 bp | 6.2 bp −$6 | 7.1 bp −$71 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | −0.0473% | 8h | 1,744.4 | −0.116% | $22K | $2.2M | 10x | as long as short |
| HTX SNDK-USDT | −0.0318% | 8h | 1,745.3 | −0.065% | $1.4M | $10.6M | 50x | as long as short |
| Bitget SNDKUSDT | −0.0235% | 8h | 1,746 | −0.027% | $49.8M | $168.0M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,745.8 | −0.040% | $4.0M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0049% | 8h | 1,745.4 | −0.062% | $6.0M | $22.6M | 20x | as long as short |
| Nado SNDK-PERP | −0.0045% | 1h | 1,746 | −0.027% | $332K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0002% | 1h | 1,745 | −0.084% | $1.4M | $9.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,746 | −0.029% | $21.3M | $32.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,746 | −0.025% | $278.6M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,746.1 | −0.019% | $31.7M | $104.9M | 100x | as long as short |
GRVT SNDK_USDT_Perp
HTX SNDK-USDT
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Nado SNDK-PERP
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,745.7 | −0.044% | $81.5M | $823.2M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,744.4 | −0.118% | $135K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,746.1 | −0.023% | $178.3M | $219.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,746.4 | −0.004% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,742.8 | −0.210% | $271K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,745.8 | −0.036% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,746.6 | +0.005% | $849 | $3.3M | 20x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,746.7 | +0.011% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0007% | 1h | 1,742.8 | −0.212% | — | $585K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,745.7 | −0.044% | $667 | $38K | 5x | as long as short |
| Lighter SNDKlong | +0.0032% | 1h | 1,746.5 | long leg | $1.7M | $16.5M | 20x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,746.1 | −0.020% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,745.7 | −0.044% | $393K | $2.1M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +3.063% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USDshort | +0.0040% | 1h | 1,743.9 | −0.148% | $249K | $1.4M | 10x | |
| Paradex SNDK-USD-PERP | +0.0047% | 8h | 1,745.2 | −0.072% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,744.9 | −0.089% | $247K | $666K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,745.1 | −0.078% | $118.5M | $159.5M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,745.7 | −0.044% | $4.5M | $19.6M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,743.9 | −0.147% | $183K | $127K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,744.5 | −0.111% | $713K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,744.9 | −0.089% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,745.4 | −0.060% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,745.6 | −0.047% | $196K | $310K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,745.5 | −0.056% | $67K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,745.5 | −0.056% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,745.2 | −0.073% | $424K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0286% | 1h | 1,746 | −0.024% | $127K | $350K | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0352% | 1h | 1,746 | −0.026% | $50K | $360K | 10x | as long as short |
| edgeX SNDKUSDC | +0.0713% | 4h | 1,745 | −0.084% | $554K | $352K | 10x | as long as short |
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Phemex SNDKUSDT
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io: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
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
Deribit SNDK_USDC-PERPETUAL
edgeX SNDKUSDC