Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter RH against Lighter−0.065%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$50.047% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.065%, 7d avg −0.002%
=Together, before fees−0.081%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$8 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: Lighter RH is 0.063% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SNDK | 1,763.1 | 0.0032 | pay 0.0004% / 1h | 49m 31s | $1.8M | $16.2M | 20x |
| Short | Lighter RH SNDK | 1,762 | 0.0032 | get 0.0004% / 1h | 49m 31s | $1.2M | $9.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $0
- Price spread: −0.065% → −0.002%
- −$6.3
- Slippage, 4 orders
- −$4.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$11.03
- Costs to cover
- 0.047%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Lighter RH: 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 | 0.57 bp | 0.6 bp −$1 | 1.8 bp −$18 | 23.9 bp −$2,393 | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 0.63 bp | 1.3 bp −$1 | 3.2 bp −$32 | 34.7 bp −$3,474 | 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 | −0.0322% | 8h | 1,762.1 | −0.059% | $48.4M | $166.3M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,758.8 | −0.244% | $3.9M | $4.6M | 75x | as long as short |
| Nado SNDK-PERP | −0.0027% | 1h | 1,762.3 | −0.046% | $328K | $1.5M | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0017% | 1h | 1,759.9 | −0.182% | $51K | $351K | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0012% | 8h | 1,760.7 | −0.141% | $6.0M | $22.3M | 20x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,761.2 | −0.112% | $1.4M | $10.0M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,761.7 | −0.082% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,761.9 | −0.069% | $279.8M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,761.9 | −0.069% | $31.7M | $103.8M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,762.4 | −0.041% | $82.4M | $834.7M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,762.4 | −0.039% | $120K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,761.5 | −0.091% | $177.3M | $228.1M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,758.6 | −0.259% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,759.1 | −0.229% | $10K | $2.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,758.5 | −0.263% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,759.8 | −0.189% | $13K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,759.5 | −0.208% | $1K | $3.5M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,760.1 | −0.171% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,760.7 | −0.139% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0011% | 1h | 1,759.5 | −0.204% | $740 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0013% | 1h | 1,756.9 | −0.356% | — | $579K | 10x | as long as short |
| Lighter SNDKlong | +0.0032% | 1h | 1,763.1 | long leg | $1.8M | $16.2M | 20x | |
| Lighter RH SNDKshort | +0.0032% | 1h | 1,762 | −0.065% | $1.2M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,761 | −0.118% | $490K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.089% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,758.9 | −0.238% | $254K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,761.6 | −0.087% | $242K | $653K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,762.2 | −0.053% | $119.1M | $159.2M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,760.6 | −0.143% | $4.6M | $19.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,758.4 | −0.268% | $185K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,759.3 | −0.219% | $719K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,762 | −0.062% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,762.2 | −0.053% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,759.9 | −0.183% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,762.2 | −0.055% | $197K | $305K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,759.5 | −0.205% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,759.4 | −0.214% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,759.6 | −0.199% | $431K | $2.2M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0274% | 1h | 1,760.3 | −0.163% | $127K | $340K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0629% | 4h | 1,758.5 | −0.261% | $559K | $351K | 10x | as long as short |
Lighter SNDK
Lighter RH SNDK
Bitget SNDKUSDT
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC