Funding you earn now, next payment 06:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h −0.001%
Price spread now: RISEx against Lighter−0.021%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$130.133% of the position
Funding, last 4 days (all we have)+0.036%+$4 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now −0.021%, 7d avg +0.030%
=Together, before fees+0.054%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and RISEx is 0.051% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SNDK | 1,756.3 | 0.0056 | pay 0.0007% / 1h | 26m 49s | $1.8M | $16.2M | 20x |
| Short | RISEx SNDK/USDC | 1,755.9 | 0 | get 0.0000% / 1h | 26m 49s | $120K | $1.6M | 20x |
Lighter SNDK
RISEx SNDK/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$11.76
- Price spread: −0.021% → +0.030%
- −$5.12
- Slippage, 4 orders
- −$7.31
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$30.2
- Costs to cover
- 0.133%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; RISEx: live order book, 2 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, 7 min ago | 0.65 bp | 0.7 bp −$1 | 3.0 bp −$30 | 39.3 bp −$3,927 | doesn't fit |
| Sell RISEx live order book, 2 min ago | 1.76 bp | 4.8 bp −$5 | 7.2 bp −$72 | 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 | −0.0274% | 8h | 1,755.6 | −0.036% | $44.7M | $162.6M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,756.3 | +0.001% | $4.0M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0046% | 8h | 1,756 | −0.013% | $6.0M | $22.1M | 20x | as long as short |
| Entropy io:SNDK | −0.0014% | 1h | 1,756.7 | +0.026% | $4.7M | $19.8M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,754.6 | −0.095% | $1.4M | $10.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,756.1 | −0.009% | $21.5M | $33.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,755.4 | −0.051% | $278.9M | $1.84B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,755.4 | −0.047% | $31.6M | $103.2M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,755.6 | −0.037% | $81.4M | $825.8M | 75x | as long as short |
| RISEx SNDK/USDCshort | 0.0000% | 1h | 1,755.9 | −0.021% | $120K | $1.6M | 20x |
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Entropy io:SNDK
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,755.3 | −0.054% | $174.8M | $230.6M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,758.8 | +0.143% | $2.5M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,758.2 | +0.112% | $15K | $1.7M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,760.4 | +0.236% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,755.2 | −0.062% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,755.5 | −0.043% | $674 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,755.2 | −0.061% | $50K | $347K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,755.4 | −0.049% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,756.1 | −0.009% | $2.8M | $1.1M | 50x | as long as short |
| Nado SNDK-PERP | 0.0000% | 1h | 1,755.8 | −0.028% | $326K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0008% | 1h | 1,752.5 | −0.211% | — | $584K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,759 | +0.158% | $654 | $38K | 5x | as long as short |
| Pacifica SNDK | +0.0024% | 1h | 1,755.4 | −0.047% | $195K | $303K | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,755.6 | −0.037% | $1.3M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,754.3 | −0.112% | $419K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.489% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,757.3 | +0.061% | $262K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,755.2 | −0.060% | $242K | $656K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,754.9 | −0.075% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,756 | −0.014% | $117.2M | $156.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,754.3 | −0.111% | $183K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,755.8 | −0.028% | $717K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,755.5 | −0.043% | $1.3M | $5.1M | 5x | as long as short |
| Lighter SNDKlong | +0.0056% | 1h | 1,756.3 | long leg | $1.8M | $16.2M | 20x | |
| Coinbase International SNDK-PERP-INTX | +0.0072% | 1h | 1,758.9 | +0.151% | $433K | $2.3M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,754.8 | −0.082% | $1K | — | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,759.4 | +0.178% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,754.5 | −0.102% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,755.3 | −0.055% | $126K | $354K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0717% | 4h | 1,759.4 | +0.179% | $559K | $354K | 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
Nado SNDK-PERP
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Pacifica SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Coinbase International SNDK-PERP-INTX
Aevo SNDK-PERP
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC