Funding you earn now, next payment 09:00 UTC−0.0273%/8h= −29.9% APRpaid last 24h −0.036%
Price spread now: Bitget against Lighter+0.012%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$170.171% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now +0.012%, 7d avg +0.026%
=Together, before fees+0.043%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.027% in total (about 1.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SNDK | 1,755.5 | 0.0032 | pay 0.0004% / 1h | 48m 04s | $1.7M | $16.3M | 20x |
| Short | Bitget SNDKUSDT | 1,755.7 | −0.0241 | pay 0.0241% / 8h | 7h 48m | $49.4M | $166.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$57.33
- Price spread: +0.012% → +0.026%
- −$1.37
- Slippage, 4 orders
- −$5.14
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$75.84
- Costs to cover
- 0.171%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; Bitget: live order book, 1 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, 6 min ago | 0.60 bp | 0.6 bp −$1 | 1.5 bp −$15 | 36.5 bp −$3,652 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.23 bp | 8.2 bp −$8 | 12.8 bp −$128 | 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 | −0.0511% | 8h | 1,757.8 | +0.131% | $21K | $2.1M | 10x | as long as short |
| HTX SNDK-USDT | −0.0427% | 8h | 1,754.3 | −0.065% | $1.4M | $10.5M | 50x | as long as short |
| Bitget SNDKUSDTshort | −0.0241% | 8h | 1,755.7 | +0.012% | $49.4M | $166.3M | 75x | |
| Entropy io:SNDK | −0.0149% | 1h | 1,755.5 | +0.002% | $4.6M | $19.4M | 10x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,756.8 | +0.076% | $4.0M | $4.6M | 75x | as long as short |
| Nado SNDK-PERP | −0.0082% | 1h | 1,755.4 | −0.001% | $333K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0018% | 8h | 1,755.8 | +0.017% | $6.0M | $22.6M | 20x | as long as short |
| QFEX SNDK-USD | −0.0002% | 1h | 1,754.4 | −0.063% | $1.4M | $9.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,755.9 | +0.026% | $21.4M | $32.7M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,755.6 | +0.007% | $280.6M | $1.85B | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SNDKUSDT | 0.0000% | 8h | 1,756.1 | +0.035% | $31.6M | $103.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,756 | +0.031% | $82.5M | $824.5M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,756 | +0.030% | $136K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,755.5 | +0.004% | $178.4M | $216.9M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,758.7 | +0.187% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,753.5 | −0.112% | $273K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,754.9 | −0.031% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,755.2 | −0.016% | $778 | $3.4M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,754.8 | −0.040% | $50K | $359K | 10x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,754.9 | −0.032% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0011% | 1h | 1,752.7 | −0.156% | — | $570K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0015% | 1h | 1,756.9 | +0.084% | $671 | $38K | 5x | as long as short |
| Lighter SNDKlong | +0.0032% | 1h | 1,755.5 | long leg | $1.7M | $16.3M | 20x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,755.1 | −0.021% | $1.2M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,755.8 | +0.019% | $452K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.535% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,753.6 | −0.104% | $255K | $1.5M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0046% | 8h | 1,754.3 | −0.067% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,755.5 | +0.002% | $241K | $628K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,755.1 | −0.021% | $119.5M | $157.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,755.2 | −0.015% | $184K | $127K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,754.9 | −0.031% | $718K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,756.3 | +0.048% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,754.5 | −0.057% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,754.8 | −0.038% | $197K | $310K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,758.9 | +0.195% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,754.7 | −0.045% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,752.7 | −0.157% | $425K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0285% | 1h | 1,755 | −0.024% | $128K | $348K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0620% | 4h | 1,755.5 | +0.004% | $558K | $350K | 10x | as long as short |
Lighter SNDK
Bitget SNDKUSDT
GRVT SNDK_USDT_Perp
HTX SNDK-USDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Pacifica SNDK
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC