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+0.0242%/8h= +26.5% APRnext payment +$0.30 per $10,000 · paid last 24h +0.068%
Price spread now: Kraken Futures against Lighter RH−0.016%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs+$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.782%+$78 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now −0.016%, 7d avg −0.011%
Together, before fees+0.737%+ Points / potential airdropLighter RH: Points live · farm board+$74 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SNDK1,760.50.0032pay 0.0004% / 1h49m 58s$1.2M$9.5M10x
ShortKraken Futures PF_SNDKUSD1,760.30.0274get 0.0034% / 1h49m 58s$127K$340K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$50.88
Price spread: −0.016% → −0.011%
−$0.52
Slippage, 4 orders
−$26.12
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$14.25
Costs to cover
0.361%
Break-even
5.0 days
Slippage from Lighter RH: live order book, 4 min ago; Kraken Futures: live order book, 53 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, 4 min ago0.63 bp1.9 bp −$25.4 bp −$54doesn't fitdoesn't fit
Sell Kraken Futures live order book, 53 min ago2.27 bp17.8 bp −$1838.4 bp −$384doesn'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−0.0323%8h1,761.1+0.032%$48.4M$166.3M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,758.8−0.097%$3.9M$4.6M75xas long as short
Nado SNDK-PERP−0.0033%1h1,759.7−0.047%$326K$1.5M10xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0017%1h1,759.9−0.035%$51K$351K10xas long as short
KuCoin SNDKUSDTM−0.0014%8h1,760.3−0.011%$6.0M$22.3M20xas long as short
QFEX SNDK-USD−0.0001%1h1,759.2−0.074%$1.4M$10.0M10xas long as short
Aster SNDKUSD10.0000%8h1,761.5+0.055%$21.5M$32.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,761.8+0.069%$279.7M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,761.7+0.065%$31.7M$103.8M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,761.4+0.049%$82.4M$834.5M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,760.3−0.016%$120K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,760.8+0.014%$177.2M$228.1M75xas long as short
Variational Omni SNDK0.0000%8h1,758.6−0.112%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,758.8−0.101%$21K$2.0M10xas long as short
Phoenix SNDK0.0000%1h1,758.5−0.116%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,759.8−0.042%$13K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,759.5−0.061%$1K$3.5M20xas long as short
HTX SNDK-USDT0.0000%8h1,760.1−0.024%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,760.7+0.008%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0011%1h1,759.5−0.058%$740$38K5xas long as short
Vest SNDK-USD-PERP+0.0013%1h1,756.9−0.210%$579K10xas long as short
Lighter SNDK+0.0032%1h1,761.1+0.032%$1.8M$16.2M20xas long as short
Lighter RH SNDKlong+0.0032%1h1,760.5long leg$1.2M$9.5M10x
Extended SNDK_24_5-USD+0.0032%1h1,761+0.029%$490K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.239%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,758.4−0.124%$254K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,759.5−0.059%$242K$653K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,761.2+0.037%$119.0M$159.2M10xas long as short
Entropy io:SNDK+0.0050%1h1,759.1−0.082%$4.6M$19.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,758.4−0.122%$185K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,759.3−0.073%$719K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,759.1−0.079%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,759.1−0.082%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,759.9−0.036%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,759.3−0.070%$197K$305K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,759.9−0.037%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,759.4−0.068%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,759.6−0.052%$431K$2.2M10xas long as short
Kraken Futures PF_SNDKUSDshort+0.0274%1h1,760.3−0.016%$127K$340K20x
edgeX SNDKUSDC+0.0993%4h1,759−0.088%$559K$351K10xas long as short