Funding you earn now, next payment 11:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.015%
Price spread now: Arcus against Lighter RH−0.083%7-day average −0.047% · 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−$16as in the Price arb table
costs, in and out, $10k−$120.121% of the position
Funding, last 4 days (all we have)−0.015%−$2 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now −0.083%, 7d avg −0.047%
=Together, before fees+0.044%+ Points / potential airdropLighter RH: Points live · farm board+$4 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: Arcus is 0.037% cheaper against Lighter RH than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SNDK | 1,775 | 0.0032 | pay 0.0004% / 1h | 49m 19s | $1.3M | $9.7M | 10x |
| Short | Arcus SNDK-USD | 1,773.5 | 0.0040 | get 0.0005% / 1h | 49m 19s | $272K | $1.3M | 10x |
Lighter RH SNDK
Arcus SNDK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter RH. 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
- $1.74
- Price spread: −0.083% → −0.047%
- −$3.66
- Slippage, 4 orders
- −$7.6
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$14.02
- Costs to cover
- 0.121%
- Break-even
- 63.5 days
Slippage from Lighter RH: live order book, 3 min ago; Arcus: live order book, 3 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 RH live order book, 3 min ago | 0.03 bp | 0.1 bp $0 | 3.7 bp −$37 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 3 min ago | 1.24 bp | 7.4 bp −$7 | 9.3 bp −$93 | doesn't fit | doesn't fit |
SNDK on 40 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SNDKUSD | −0.0258% | 1h | 1,773.5 | −0.081% | $168K | $385K | 20x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,775.1 | +0.010% | $4.0M | $4.7M | 75x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,773.9 | −0.059% | $1.4M | $9.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,774.6 | −0.019% | $21.6M | $32.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,774.3 | −0.034% | $282.9M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,774.6 | −0.021% | $31.7M | $106.8M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,775.1 | +0.008% | $82.6M | $842.3M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,774.5 | −0.024% | $182.5M | $218.4M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,774 | −0.055% | $49.9M | $171.2M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,774.4 | −0.033% | $2.7M | $4.7M | — | as long as short |
Kraken Futures PF_SNDKUSD
BloFin SNDK-USDT
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDKShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,774.5 | −0.025% | $276K | $188K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,774.5 | −0.025% | $15K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,774.4 | −0.033% | $848 | $3.1M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,773.5 | −0.080% | $19K | $428K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,774.6 | −0.020% | $1.4M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,775.1 | +0.009% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0019% | 1h | 1,775.4 | +0.024% | $684 | $38K | 5x | as long as short |
| Lighter RH SNDKlong | +0.0032% | 1h | 1,775 | long leg | $1.3M | $9.7M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,773.7 | −0.073% | $432K | $2.4M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.409% | $36 | $4K | 12x | as long as short |
| Arcus SNDK-USDshort | +0.0040% | 1h | 1,773.5 | −0.083% | $272K | $1.3M | 10x | |
| Nado SNDK-PERP | +0.0041% | 1h | 1,774.1 | −0.049% | $331K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,774.7 | −0.016% | — | $574K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,774.5 | −0.025% | $244K | $700K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,774.4 | −0.031% | $121.7M | $152.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,774.3 | −0.037% | $4.5M | $19.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,774 | −0.054% | $187K | $130K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,774.5 | −0.027% | $728K | $525K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,773.8 | −0.065% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0053% | 8h | 1,773.9 | −0.057% | — | — | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,774 | −0.054% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,774 | −0.054% | $199K | $305K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,773.8 | −0.064% | $6.1M | $23.0M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,775.3 | +0.018% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,773.7 | −0.071% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0152% | 1h | 1,776.1 | +0.064% | $448K | $2.2M | 10x | as long as short |
| GRVT SNDK_USDT_Perp | +0.0167% | 8h | 1,774.8 | −0.009% | $24K | $2.4M | 10x | as long as short |
| Lighter SNDK | +0.0176% | 1h | 1,775.6 | +0.039% | $1.8M | $16.7M | 20x | as long as short |
| edgeX SNDKUSDC | +0.0752% | 4h | 1,774.4 | −0.029% | $564K | $339K | 10x | as long as short |
| RISEx SNDK/USDC | +0.0898% | 1h | 1,775.6 | +0.035% | $146K | $1.5M | 20x | as long as short |
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Nado SNDK-PERP
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
GRVT SNDK_USDT_Perp
Lighter SNDK
edgeX SNDKUSDC
RISEx SNDK/USDC