Funding you earn now, next payment 04:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Popdex against Lighter RH−0.018%7-day average −0.009% · 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−$11as in the Price arb table
costs, in and out, $10k−$100.101% of the position
Funding, last 4 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.018%, 7d avg −0.009%
=Together, before fees+0.116%+ Points / potential airdropLighter RH: Points live · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: $0 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 | 1,789.7 | 0.0032 | pay 0.0004% / 1h | 38m 04s | $1.4M | $9.5M | 10x |
| Short | Popdex SNDKUSDT | 1,789.4 | 0.0048 | get 0.0006% / 1h | 38m 04s | $246K | $647K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $3.36
- Price spread: −0.018% → −0.009%
- −$0.86
- Slippage, 4 orders
- −$3.65
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$7.55
- Costs to cover
- 0.101%
- Break-even
- 22.7 days
Slippage from Lighter RH: live order book, 6 min ago; Popdex: live order book, 21 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, 6 min ago | 0.87 bp | 1.0 bp −$1 | 2.0 bp −$20 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 21 min ago | 0.56 bp | 3.8 bp −$4 | 9.2 bp −$92 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,789.4 | −0.020% | $4.1M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0107% | 1h | 1,789.2 | −0.029% | $4.9M | $19.9M | 10x | as long as short |
| Nado SNDK-PERP | −0.0106% | 1h | 1,790.3 | +0.031% | $311K | $1.5M | 10x | as long as short |
| Phoenix SNDK | −0.0089% | 1h | 1,789.4 | −0.018% | $279K | $193K | 15x | as long as short |
| QFEX SNDK-USD | −0.0033% | 1h | 1,788.9 | −0.046% | $1.5M | $13.7M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0032% | 1h | 1,785.7 | −0.225% | $439K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,789 | −0.041% | $21.8M | $37.2M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,789.2 | −0.032% | $287.1M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,789.6 | −0.008% | $32.6M | $100.1M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,788.9 | −0.046% | $84.9M | $826.3M | 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 | 1,790.3 | +0.035% | $170K | $1.7M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,789.2 | −0.032% | $180.1M | $230.8M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,789 | −0.042% | $43.8M | $161.6M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,789.7 | +0.001% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,790 | +0.017% | $20K | $1.3M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,789 | −0.040% | $15K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,788.1 | −0.093% | $781 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,789.2 | −0.029% | $51K | $344K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,788.6 | −0.065% | $1.4M | $10.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,789 | −0.041% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0002% | 1h | 1,789.3 | −0.021% | $666 | $38K | 5x | as long as short |
| KuCoin SNDKUSDTM | +0.0014% | 8h | 1,788.1 | −0.092% | $6.1M | $22.3M | 20x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,790.2 | +0.026% | $1.7M | $15.7M | 20x | as long as short |
| Lighter RH SNDKlong | +0.0032% | 1h | 1,789.7 | long leg | $1.4M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,789.3 | −0.025% | $450K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.572% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,786.9 | −0.160% | $313K | $1.4M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0044% | 1h | 1,789.5 | −0.010% | $130K | $352K | 20x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,789.1 | −0.036% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDTshort | +0.0048% | 1h | 1,789.4 | −0.018% | $246K | $647K | 20x | |
| tradeXYZ xyz:SNDK | +0.0049% | 1h | 1,789.5 | −0.012% | $115.2M | $146.2M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,789.4 | −0.020% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,788.8 | −0.051% | $188K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,789 | −0.040% | $731K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,789.1 | −0.035% | $1.4M | $5.0M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,788.7 | −0.056% | $1K | — | 10x | as long as short |
| edgeX SNDKUSDC | +0.0083% | 4h | 1,789.1 | −0.036% | $568K | $351K | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,789.2 | −0.028% | $199K | $287K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,790.4 | +0.040% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,788.1 | −0.092% | $8K | $3K | 20x | as long as short |
Lighter RH SNDK
Popdex SNDKUSDT
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
Kraken Futures PF_SNDKUSD
tradeXYZ xyz:SNDK
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
edgeX SNDKUSDC
Pacifica SNDK
ApeX Omni SNDKUSDT