Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.018%
Price spread now: Binance against Lighter−0.068%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$110.115% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 7 days+0.051%+$5 · spread now −0.068%, 7d avg +0.043%
=Together, before fees+0.078%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.111% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.043%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SNDK | 1,791.8 | 0.0032 | pay 0.0004% / 1h | 9m 58s | $1.7M | $16.2M | 20x |
| Short | Binance SNDKUSDT | 1,790.6 | 0 | get 0.0000% / 8h | 5h 09m | $286.5M | $1.80B | 75x |
Lighter SNDK
Binance SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$6.72
- Price spread: −0.068% → +0.043%
- −$11.05
- Slippage, 4 orders
- −$1.49
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$29.27
- Costs to cover
- 0.115%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Binance: live order book, 4 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, 4 min ago | 0.50 bp | 0.6 bp −$1 | 1.4 bp −$14 | 33.9 bp −$3,389 | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.03 bp | 5.0 bp −$5 | 6.4 bp −$64 | 13.0 bp −$1,299 | 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 | 1,790.4 | −0.083% | $4.1M | $4.4M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0113% | 1h | 1,791 | −0.047% | $51K | $342K | 10x | as long as short |
| Phoenix SNDK | −0.0090% | 1h | 1,790 | −0.102% | $279K | $193K | 15x | as long as short |
| Nado SNDK-PERP | −0.0043% | 1h | 1,791 | −0.044% | $361K | $1.4M | 10x | as long as short |
| Entropy io:SNDK | −0.0042% | 1h | 1,790 | −0.102% | $4.9M | $20.2M | 10x | as long as short |
| QFEX SNDK-USD | −0.0023% | 1h | 1,789.9 | −0.109% | $1.5M | $14.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,790.7 | −0.064% | $21.8M | $35.5M | 20x | as long as short |
| Binance SNDKUSDTshort | 0.0000% | 8h | 1,790.6 | −0.068% | $286.5M | $1.80B | 75x | |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,791.2 | −0.035% | $32.2M | $99.7M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,790.7 | −0.063% | $85.0M | $825.4M | 75x | as long as short |
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Phoenix SNDK
Nado SNDK-PERP
Entropy io:SNDK
QFEX SNDK-USD
Aster SNDKUSD1
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,791.2 | −0.037% | $170K | $1.8M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,790.7 | −0.063% | $180.9M | $231.4M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,790.4 | −0.081% | $44.0M | $161.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,789.5 | −0.131% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,789.8 | −0.111% | $12K | $1.3M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,790.5 | −0.072% | $14K | $292K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,788.7 | −0.173% | $773 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,789.5 | −0.131% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,790.5 | −0.077% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0002% | 1h | 1,790.1 | −0.099% | $770 | $37K | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0016% | 1h | 1,790.5 | −0.074% | $114.8M | $145.8M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0024% | 1h | 1,785.7 | −0.342% | $439K | $2.3M | 10x | as long as short |
| Lighter SNDKlong | +0.0032% | 1h | 1,791.8 | long leg | $1.7M | $16.2M | 20x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,791.5 | −0.021% | $1.4M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,791 | −0.049% | $450K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.454% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,788.6 | −0.181% | $313K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,790.5 | −0.076% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,790.3 | −0.085% | $247K | $646K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,790 | −0.102% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,790.3 | −0.085% | $188K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,790.4 | −0.081% | $732K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,789.7 | −0.119% | $1.4M | $5.1M | 5x | as long as short |
| KuCoin SNDKUSDTM | +0.0057% | 8h | 1,789.8 | −0.115% | $6.1M | $22.0M | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0058% | 1h | 1,791.1 | −0.042% | $130K | $352K | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,790.1 | −0.096% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0094% | 1h | 1,790 | −0.102% | $199K | $287K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,790.9 | −0.051% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,790.1 | −0.098% | $8K | $3K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0923% | 4h | 1,789.5 | −0.130% | $568K | $351K | 10x | as long as short |
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
tradeXYZ xyz:SNDK
Coinbase International SNDK-PERP-INTX
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
KuCoin SNDKUSDTM
Kraken Futures PF_SNDKUSD
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC