Funding you earn now, next payment 10:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: RISEx against Lighter RH+0.087%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$130.135% of the position
Funding, last 4 days (all we have)+0.027%+$3 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now +0.087%, 7d avg +0.032%
=Together, before fees−0.011%+ Points / potential airdropLighter RH: Points live · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. RISEx is 0.054% dearer against Lighter RH than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.032%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SNDK | 1,767.4 | 0.0032 | pay 0.0004% / 1h | 14m 50s | $1.2M | $9.6M | 10x |
| Short | RISEx SNDK/USDC | 1,768.9 | 0 | get 0.0000% / 1h | 14m 50s | $137K | $1.5M | 20x |
Lighter RH SNDK
RISEx SNDK/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$6.72
- Price spread: +0.087% → +0.032%
- $5.43
- Slippage, 4 orders
- −$7.46
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$14.75
- Costs to cover
- 0.135%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; RISEx: live order book, 2 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, 2 min ago | 0.99 bp | 1.2 bp −$1 | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 2 min ago | 1.95 bp | 4.9 bp −$5 | 6.9 bp −$69 | doesn't fit | doesn't fit |
SNDK on 40 exchanges
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 | 1,766.9 | −0.025% | $4.0M | $4.7M | 75x | as long as short |
| Nado SNDK-PERP | −0.0015% | 1h | 1,767.3 | −0.001% | $334K | $1.5M | 10x | as long as short |
| Bitget SNDKUSDT | −0.0010% | 8h | 1,767.8 | +0.023% | $49.9M | $168.3M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,768.1 | +0.040% | $21.6M | $32.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,767.9 | +0.033% | $281.0M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,768.5 | +0.064% | $31.6M | $105.7M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,767.9 | +0.031% | $82.5M | $829.3M | 75x | as long as short |
| RISEx SNDK/USDCshort | 0.0000% | 1h | 1,768.9 | +0.087% | $137K | $1.5M | 20x | |
| Gate SNDK_USDT | 0.0000% | 8h | 1,767.7 | +0.017% | $182.0M | $219.2M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,767.1 | −0.013% | $2.7M | $4.7M | — | as long as short |
BloFin SNDK-USDT
Nado SNDK-PERP
Bitget SNDKUSDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Variational Omni SNDKShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,762 | −0.303% | $274K | $189K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,767.1 | −0.012% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,766.9 | −0.028% | $919 | $3.1M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,767.1 | −0.018% | $37K | $388K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,767.4 | +0.001% | $1.4M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,767.1 | −0.014% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | 0.0000% | 1h | 1,767.6 | +0.014% | $1.4M | $9.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,764.4 | −0.170% | $674 | $39K | 5x | as long as short |
| Lighter RH SNDKlong | +0.0032% | 1h | 1,767.4 | long leg | $1.2M | $9.6M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,767 | −0.020% | $394K | $2.3M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.845% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,766.8 | −0.034% | $271K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,767.6 | +0.011% | — | $569K | 10x | as long as short |
| Lighter SNDK | +0.0048% | 1h | 1,767.9 | +0.032% | $1.8M | $16.8M | 20x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,768 | +0.036% | $246K | $682K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,768.3 | +0.053% | $120.6M | $155.2M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,765.2 | −0.122% | $4.5M | $19.3M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,767.3 | −0.003% | $186K | $130K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,768.1 | +0.042% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0051% | 8h | 1,767 | −0.020% | — | — | 5x | as long as short |
| SoDEX SNDK-USD | +0.0075% | 1h | 1,766.9 | −0.027% | $725K | $523K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,766.8 | −0.034% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,767.1 | −0.015% | $198K | $306K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,766.8 | −0.032% | $6.1M | $22.8M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,764.3 | −0.175% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,766.6 | −0.042% | $8K | $3K | 20x | as long as short |
| GRVT SNDK_USDT_Perp | +0.0119% | 8h | 1,765.5 | −0.103% | $22K | $2.4M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0136% | 1h | 1,768 | +0.037% | $443K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0551% | 1h | 1,766.6 | −0.043% | $160K | $382K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0585% | 4h | 1,762.5 | −0.274% | $560K | $340K | 10x | as long as short |
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
Aftermath Perps SNDKUSD
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Lighter SNDK
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
SoDEX SNDK-USD
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
GRVT SNDK_USDT_Perp
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC