Funding you earn now, next payment 07:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: Vest against Lighter−0.177%46s7-day average +0.711% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.177%, 7d avg +0.711%
=Together, before fees+0.216%+ Points / potential airdropLighter: Season 3 · Vest: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.888% cheaper against Lighter than usual: you would sell low and buy high (−$89 if the spread goes back to its 7-day average of +0.711%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SNDK | 1,760 | 0.0032 | pay 0.0004% / 1h | 40m 43s | $1.8M | $16.2M | 20x |
| Short | Vest SNDK-USD-PERP | 1,756.9 | 0.0013 | get 0.0002% / 1h | 40m 43s | — | $581K | 10x |
Lighter SNDK
Vest SNDK-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$4
- Price spread: −0.177% → +0.711%
- −$88.75
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$94.75
- Costs to cover
- 0.020%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 8 min ago; Vest: no order-book sample. Net counts fees only.
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, 8 min ago | 0.91 bp | 1.2 bp −$1 | 1.5 bp −$15 | 37.1 bp −$3,710 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0309% | 8h | 1,759.4 | −0.036% | $47.4M | $165.7M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,759.3 | −0.040% | $4.0M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0010% | 8h | 1,759.2 | −0.044% | $6.0M | $22.1M | 20x | as long as short |
| QFEX SNDK-USD | −0.0008% | 1h | 1,759.3 | −0.038% | $1.4M | $10.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,760.4 | +0.022% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,759.5 | −0.029% | $279.4M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,759.6 | −0.023% | $31.8M | $103.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,759.7 | −0.016% | $82.3M | $834.3M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,760.6 | +0.034% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,759.1 | −0.051% | $176.3M | $230.5M | 75x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,758.6 | −0.076% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,758.8 | −0.067% | $14K | $1.9M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,759.4 | −0.033% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,759.1 | −0.052% | $13K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,759 | −0.053% | $770 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,758.9 | −0.062% | $51K | $351K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,758.6 | −0.078% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,759.6 | −0.023% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERPshort | +0.0013% | 1h | 1,756.9 | −0.177% | — | $581K | 10x | |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,760.1 | +0.009% | $703 | $38K | 5x | as long as short |
| Lighter SNDKlong | +0.0032% | 1h | 1,760 | long leg | $1.8M | $16.2M | 20x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,759.3 | −0.040% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,759.3 | −0.041% | $493K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.272% | $36 | $9K | 12x | as long as short |
| Nado SNDK-PERP | +0.0037% | 1h | 1,759.3 | −0.037% | $328K | $1.5M | 10x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,759 | −0.057% | $253K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,759.2 | −0.044% | $242K | $675K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,759.1 | −0.050% | $118.4M | $158.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,759.3 | −0.039% | $4.7M | $19.8M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,758.4 | −0.090% | $184K | $131K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,759.1 | −0.048% | $719K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,759.3 | −0.037% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,758.4 | −0.090% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,758.8 | −0.067% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,759.4 | −0.032% | $196K | $303K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,760.1 | +0.004% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,758.7 | −0.072% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,759.8 | −0.013% | $430K | $2.3M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0262% | 4h | 1,759.8 | −0.010% | $559K | $353K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0401% | 1h | 1,759.4 | −0.035% | $126K | $346K | 20x | as long as short |
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
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Nado SNDK-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
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD