Funding you earn now, next payment 08:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h −0.055%
Price spread now: BloFin against Lighter−0.037%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$150.148% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.037%, 7d avg −0.006%
=Together, before fees0.000%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.032% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SNDK | 1,763.3 | 0.0040 | pay 0.0005% / 1h | 13m 03s | $1.8M | $16.4M | 20x |
| Short | BloFin SNDK-USDT | 1,762.6 | −0.0120 | pay 0.0120% / 8h | 13m 03s | $3.9M | $4.6M | 75x |
Lighter SNDK
BloFin SNDK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$33.6
- Price spread: −0.037% → −0.006%
- −$3.19
- Slippage, 4 orders
- −$2.83
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.62
- Costs to cover
- 0.148%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 11 min ago; BloFin: live order book, 5 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, 11 min ago | 0.80 bp | 0.8 bp −$1 | 1.1 bp −$11 | 30.7 bp −$3,069 | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.03 bp | 6.9 bp −$7 | 8.5 bp −$85 | 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 | −0.0256% | 8h | 1,761.8 | −0.086% | $48.2M | $165.9M | 75x | as long as short |
| BloFin SNDK-USDTshort | −0.0120% | 8h | 1,762.6 | −0.037% | $3.9M | $4.6M | 75x | |
| KuCoin SNDKUSDTM | −0.0006% | 8h | 1,761.8 | −0.084% | $6.0M | $22.5M | 20x | as long as short |
| Nado SNDK-PERP | −0.0004% | 1h | 1,762.2 | −0.061% | $330K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,761.8 | −0.083% | $1.4M | $9.9M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,762.1 | −0.069% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,761.7 | −0.091% | $280.0M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,762 | −0.075% | $31.8M | $103.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,761.3 | −0.112% | $82.3M | $833.4M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,763.2 | −0.005% | $120K | $1.6M | 20x | as long as short |
Bitget SNDKUSDT
KuCoin SNDKUSDTM
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_USDT | 0.0000% | 8h | 1,761.9 | −0.076% | $179.2M | $229.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,761.4 | −0.107% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,761.9 | −0.077% | $18K | $2.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,761.6 | −0.095% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,762.5 | −0.045% | $14K | $289K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,762.1 | −0.066% | $788 | $3.4M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,762.3 | −0.053% | $51K | $355K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,761.1 | −0.124% | $1.4M | $10.5M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,762.3 | −0.057% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0016% | 1h | 1,762.4 | −0.050% | $716 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0016% | 1h | 1,759.8 | −0.195% | — | $579K | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,762.7 | −0.032% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,761.9 | −0.075% | $495K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.081% | $36 | $9K | 12x | as long as short |
| Lighter SNDKlong | +0.0040% | 1h | 1,763.3 | long leg | $1.8M | $16.4M | 20x | |
| Arcus SNDK-USD | +0.0040% | 1h | 1,760.6 | −0.149% | $254K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,762.3 | −0.055% | $242K | $651K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,761.8 | −0.083% | $119.8M | $158.0M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,761.6 | −0.095% | $4.6M | $19.6M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,761.2 | −0.117% | $185K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,762.2 | −0.064% | $721K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,761.8 | −0.081% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,761.8 | −0.083% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,762.1 | −0.068% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,762 | −0.072% | $197K | $307K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,761.7 | −0.088% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,762.1 | −0.069% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,762.3 | −0.054% | $428K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0274% | 1h | 1,762.7 | −0.032% | $127K | $338K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0857% | 4h | 1,761.3 | −0.112% | $560K | $352K | 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
Aftermath Perps SNDKUSD
Vest SNDK-USD-PERP
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
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
edgeX SNDKUSDC