Funding you earn now, next payment 04:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.101%
Price spread now: edgeX against Lighter RH−0.010%80s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs+$94as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$220.218% of the position
Funding, last 7 days+1.160%+$116 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.010%, 7d avg −0.020%
=Together, before fees+1.147%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board+$115 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 80 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 RH SNDK | 1,789.3 | 0.0032 | pay 0.0004% / 1h | 40m 23s | $1.4M | $9.5M | 10x |
| Short | edgeX SNDKUSDC | 1,789.1 | 0.0083 | get 0.0041% / 4h | 40m 23s | $568K | $351K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $10.67
- Price spread: −0.010% → −0.020%
- $1.01
- Slippage, 4 orders
- −$12.79
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$10.11
- Costs to cover
- 0.218%
- Break-even
- 13.6 days
Slippage from Lighter RH: live order book, 3 min ago; edgeX: live order book, 18 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 | 0.87 bp | 1.0 bp −$1 | 2.0 bp −$20 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 18 min ago | 5.06 bp | 9.6 bp −$10 | 11.1 bp −$111 | 47.0 bp −$4,704 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,790.2 | +0.054% | $4.1M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0110% | 1h | 1,789.5 | +0.013% | $4.9M | $19.9M | 10x | as long as short |
| Nado SNDK-PERP | −0.0108% | 1h | 1,790.9 | +0.089% | $310K | $1.5M | 10x | as long as short |
| Phoenix SNDK | −0.0089% | 1h | 1,789.4 | +0.007% | $279K | $193K | 15x | as long as short |
| QFEX SNDK-USD | −0.0033% | 1h | 1,789.9 | +0.035% | $1.5M | $13.8M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0032% | 1h | 1,785.7 | −0.200% | $439K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,790.3 | +0.060% | $21.8M | $37.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,790 | +0.040% | $287.2M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,790.5 | +0.067% | $32.6M | $100.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,789.8 | +0.030% | $84.9M | $826.0M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,791.2 | +0.106% | $170K | $1.7M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,790.1 | +0.049% | $180.2M | $230.8M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,789.4 | +0.008% | $43.8M | $161.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,789.7 | +0.026% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,787.7 | −0.091% | $12K | $1.3M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,790 | +0.039% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,788.6 | −0.040% | $910 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,790.4 | +0.060% | $51K | $344K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,789.1 | −0.008% | $1.4M | $10.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,788.7 | −0.035% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0003% | 1h | 1,789.6 | +0.019% | $666 | $38K | 5x | as long as short |
| KuCoin SNDKUSDTM | +0.0017% | 8h | 1,789.3 | +0.001% | $6.1M | $22.3M | 20x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,789.8 | +0.028% | $1.7M | $15.7M | 20x | as long as short |
| Lighter RH SNDKlong | +0.0032% | 1h | 1,789.3 | long leg | $1.4M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,789.9 | +0.037% | $450K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.597% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,786.9 | −0.135% | $313K | $1.4M | 10x | as long as short |
| tradeXYZ xyz:SNDK | +0.0042% | 1h | 1,790.2 | +0.052% | $115.2M | $146.3M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0044% | 1h | 1,790.4 | +0.062% | $130K | $352K | 20x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,790.2 | +0.053% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,790.2 | +0.052% | $246K | $647K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,790.1 | +0.048% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,789.7 | +0.024% | $188K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,789.2 | −0.002% | $731K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,788 | −0.071% | $1.4M | $5.0M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,789.5 | +0.011% | $1K | — | 10x | as long as short |
| edgeX SNDKUSDCshort | +0.0083% | 4h | 1,789.1 | −0.010% | $568K | $351K | 10x | |
| Pacifica SNDK | +0.0100% | 1h | 1,790.4 | +0.061% | $199K | $287K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,788.1 | −0.068% | $69K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,789.1 | −0.011% | $8K | $3K | 20x | as long as short |
Lighter RH SNDK
edgeX SNDKUSDC
BloFin SNDK-USDT
Phoenix SNDK
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
KuCoin SNDKUSDTM
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
tradeXYZ xyz:SNDK
Kraken Futures PF_SNDKUSD
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Pacifica SNDK
ApeX Omni SNDKUSDT