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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SNDK | 1,760.5 | 0.0032 | pay 0.0004% / 1h | 49m 58s | $1.2M | $9.5M | 10x |
| Short | Kraken Futures PF_SNDKUSD | 1,760.3 | 0.0274 | get 0.0034% / 1h | 49m 58s | $127K | $340K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 4 min ago | 0.63 bp | 1.9 bp −$2 | 5.4 bp −$54 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 53 min ago | 2.27 bp | 17.8 bp −$18 | 38.4 bp −$384 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0323% | 8h | 1,761.1 | +0.032% | $48.4M | $166.3M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,758.8 | −0.097% | $3.9M | $4.6M | 75x | as long as short |
| Nado SNDK-PERP | −0.0033% | 1h | 1,759.7 | −0.047% | $326K | $1.5M | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0017% | 1h | 1,759.9 | −0.035% | $51K | $351K | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0014% | 8h | 1,760.3 | −0.011% | $6.0M | $22.3M | 20x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,759.2 | −0.074% | $1.4M | $10.0M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,761.5 | +0.055% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,761.8 | +0.069% | $279.7M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,761.7 | +0.065% | $31.7M | $103.8M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,761.4 | +0.049% | $82.4M | $834.5M | 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 | 1,760.3 | −0.016% | $120K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,760.8 | +0.014% | $177.2M | $228.1M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,758.6 | −0.112% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,758.8 | −0.101% | $21K | $2.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,758.5 | −0.116% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,759.8 | −0.042% | $13K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,759.5 | −0.061% | $1K | $3.5M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,760.1 | −0.024% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,760.7 | +0.008% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0011% | 1h | 1,759.5 | −0.058% | $740 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0013% | 1h | 1,756.9 | −0.210% | — | $579K | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,761.1 | +0.032% | $1.8M | $16.2M | 20x | as long as short |
| Lighter RH SNDKlong | +0.0032% | 1h | 1,760.5 | long leg | $1.2M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,761 | +0.029% | $490K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.239% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,758.4 | −0.124% | $254K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,759.5 | −0.059% | $242K | $653K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,761.2 | +0.037% | $119.0M | $159.2M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,759.1 | −0.082% | $4.6M | $19.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,758.4 | −0.122% | $185K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,759.3 | −0.073% | $719K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,759.1 | −0.079% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,759.1 | −0.082% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,759.9 | −0.036% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,759.3 | −0.070% | $197K | $305K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,759.9 | −0.037% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,759.4 | −0.068% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,759.6 | −0.052% | $431K | $2.2M | 10x | as long as short |
| Kraken Futures PF_SNDKUSDshort | +0.0274% | 1h | 1,760.3 | −0.016% | $127K | $340K | 20x | |
| edgeX SNDKUSDC | +0.0993% | 4h | 1,759 | −0.088% | $559K | $351K | 10x | as long as short |
Lighter RH SNDK
Kraken Futures PF_SNDKUSD
Bitget SNDKUSDT
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC