SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.003%

Price spread now: Pacifica against Lighter−0.056%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$130.135% of the position

Long on Lighter Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.056%, 7d avg −0.013%

Together, before fees0.000%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.043% cheaper against Lighter than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of −0.013%). If the spread goes back, that is −$4 on $10k: about 2.1 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SNDK	1,785.4	0.0032	pay 0.0004% / 1h	20m 10s	$1.7M	$16.2M	20x
Short	Pacifica SNDK	1,784.4	0.0100	get 0.0013% / 1h	20m 10s	$198K	$292K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee PacificabpOrdersPrice spread, now −0.056%Rate

Funding earned: $14.28
Price spread: −0.056% → −0.013%: −$4.33
Slippage, 4 orders: −$5.46
Fee Lighter: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$3.51
Costs to cover: 0.135%
Break-even: 8.7 days

Slippage from Lighter: live order book, 3 min ago; Pacifica: live order book, 48 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, 3 min ago	0.62 bp	0.6 bp −$1	1.0 bp −$10	23.0 bp −$2,299	doesn't fit
Sell Pacifica live order book, 48 min ago	0.28 bp	5.2 bp −$5	doesn't fit	doesn't fit	doesn't fit

SNDK on 39 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
Deribit SNDK_USDC-PERPETUAL	−0.0176%	1h	1,784.4	−0.057%	$51K	$331K	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,787.5	+0.116%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0037%	1h	1,785.6	+0.010%	$4.9M	$20.4M	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,784.3	−0.062%	$1.7M	$16.5M	10x	as long as short
Nado SNDK-PERP	−0.0021%	1h	1,785.7	+0.014%	$360K	$1.4M	10x	as long as short
tradeXYZ xyz:SNDK	−0.0006%	1h	1,784.3	−0.063%	$114.3M	$146.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.1	+0.038%	$21.8M	$37.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,784.2	−0.066%	$285.8M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,784.7	−0.044%	$32.1M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,784.6	−0.046%	$85.6M	$828.3M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,784.3	−0.063%	$180.7M	$232.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,784.4	−0.058%	$44.0M	$164.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	−0.075%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.6	+0.068%	$13K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,784.7	−0.041%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,783.9	−0.084%	$838	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,783.9	−0.085%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,784.2	−0.070%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,786.8	+0.074%	$701	$37K	5x	as long as short
Lighter SNDKlong	+0.0032%	1h	1,785.4	long leg	$1.7M	$16.2M	20x
Lighter RH SNDK	+0.0032%	1h	1,785	−0.024%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,785	−0.025%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.814%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.9	−0.029%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,784.6	−0.044%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,784.5	−0.052%	$245K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,784.3	−0.066%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784.2	−0.069%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,784.3	−0.065%	$729K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787.5	+0.116%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,784	−0.077%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,784.2	−0.071%	$436K	$2.3M	10x	as long as short
Pacifica SNDKshort	+0.0100%	1h	1,784.4	−0.056%	$198K	$292K	10x
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.4	−0.001%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787.7	+0.129%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,783.8	−0.093%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,784.8	−0.033%	$130K	$357K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,785.5	+0.002%	$164K	$1.8M	20x	as long as short
edgeX SNDKUSDC	+0.0612%	4h	1,786.6	+0.066%	$567K	$352K	10x	as long as short