Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.015%
Price spread now: Aster against Lighter RH+0.009%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$180.181% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.049%+$5 on $10k
Price spread, last 7 days+0.039%+$4 · spread now +0.009%, 7d avg +0.027%
Together, before fees+0.088%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SNDK1,762.30.0032pay 0.0004% / 1h19m 00s$1.2M$9.5M10x
ShortAster SNDKUSD11,762.50get 0.0000% / 8h19m 00s$21.5M$32.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Profit calculator

Funding earned
−$6.72
Price spread: +0.009% → +0.027%
−$1.81
Slippage, 4 orders
−$10.12
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$26.66
Costs to cover
0.181%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 5 min ago; Aster: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 5 min ago0.31 bp2.2 bp −$26.1 bp −$61doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago1.56 bp6.9 bp −$711.4 bp −$114doesn't fitdoesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT−0.0273%8h1,762.30.000%$48.2M$165.9M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,761.9−0.027%$4.0M$4.6M75xas long as short
KuCoin SNDKUSDTM−0.0012%8h1,761.8−0.028%$6.0M$22.5M20xas long as short
Nado SNDK-PERP−0.0009%1h1,762.5+0.008%$330K$1.5M10xas long as short
QFEX SNDK-USD−0.0001%1h1,761.9−0.023%$1.4M$9.9M10xas long as short
Aster SNDKUSD1short0.0000%8h1,762.5+0.009%$21.5M$32.9M20x
Binance SNDKUSDT0.0000%8h1,762.2−0.008%$280.2M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,762.5+0.011%$31.8M$103.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,761.7−0.036%$82.3M$833.7M75xas long as short
RISEx SNDK/USDC0.0000%1h1,763.2+0.052%$121K$1.6M20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,762.4+0.001%$179.4M$229.2M75xas long as short
Variational Omni SNDK0.0000%8h1,760.4−0.107%$2.5M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,761.5−0.049%$26K$2.1M10xas long as short
Phoenix SNDK0.0000%1h1,761−0.075%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,762.3−0.001%$14K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,761.9−0.025%$1K$3.4M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,762.4+0.005%$51K$355K10xas long as short
HTX SNDK-USDT0.0000%8h1,762−0.019%$1.4M$10.5M50xas long as short
Phemex SNDKUSDT0.0000%8h1,761.9−0.022%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,761.3−0.060%$723$38K5xas long as short
Vest SNDK-USD-PERP+0.0016%1h1,759.9−0.137%$579K10xas long as short
Lighter SNDK+0.0032%1h1,763.1+0.041%$1.8M$16.4M20xas long as short
Lighter RH SNDKlong+0.0032%1h1,762.3long leg$1.2M$9.5M10x
Extended SNDK_24_5-USD+0.0032%1h1,762.5+0.008%$495K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.135%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,760−0.134%$254K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,762.4+0.004%$243K$652K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,762.4+0.004%$119.8M$157.8M10xas long as short
Entropy io:SNDK+0.0050%1h1,761−0.075%$4.6M$19.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,761.5−0.047%$185K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,761.8−0.031%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,762−0.018%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,761.6−0.041%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,762−0.019%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,762.2−0.008%$197K$307K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,760.2−0.122%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,762.1−0.016%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,760.1−0.129%$428K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0274%1h1,762.9+0.031%$127K$338K20xas long as short
edgeX SNDKUSDC+0.0444%4h1,758.8−0.202%$559K$350K10xas long as short