Funding you earn now, next payment 10:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: SoDEX against Lighter RH+0.027%7-day average −0.031% · 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−$13as in the Price arb table
costs, in and out, $10k−$190.187% of the position
Funding, last 4 days (all we have)+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.027%, 7d avg −0.031%
=Together, before fees−0.168%+ Points / potential airdropLighter RH: Points live · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.058% dearer against Lighter RH than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SNDK | 1,759.3 | 0.0032 | pay 0.0004% / 1h | 57m 36s | $1.2M | $9.5M | 10x |
| Short | SoDEX SNDK-USD | 1,759.8 | 0.0050 | get 0.0006% / 1h | 57m 36s | $720K | $515K | 10x |
Lighter RH SNDK
SoDEX SNDK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $3.78
- Price spread: +0.027% → −0.031%
- $5.76
- Slippage, 4 orders
- −$10.72
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$9.18
- Costs to cover
- 0.187%
- Break-even
- 24.0 days
Slippage from Lighter RH: live order book, 6 min ago; SoDEX: live order book, 36 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 | 1.02 bp | 1.1 bp −$1 | 4.9 bp −$49 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 36 min ago | 0.03 bp | 7.7 bp −$8 | 38.9 bp −$389 | 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 | −0.0126% | 8h | 1,759 | −0.022% | $49.7M | $168.3M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,759.8 | +0.026% | $3.9M | $4.6M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,759.1 | −0.014% | $21.4M | $32.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,759.2 | −0.009% | $279.1M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,759.7 | +0.020% | $32.0M | $105.2M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,759.7 | +0.021% | $82.1M | $827.9M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,760.5 | +0.065% | $136K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,758.9 | −0.026% | $181.1M | $216.0M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,758.2 | −0.066% | $2.6M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,758.3 | −0.059% | $23K | $2.3M | 10x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_PerpShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,759.4 | +0.004% | $274K | $189K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,760.4 | +0.061% | $13K | $292K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,760.9 | +0.089% | $627 | $3.2M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,760 | +0.040% | $1.4M | $9.9M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,759.8 | +0.024% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | 0.0000% | 1h | 1,758.6 | −0.041% | $1.4M | $9.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0015% | 1h | 1,759.2 | −0.008% | $673 | $38K | 5x | as long as short |
| KuCoin SNDKUSDTM | +0.0023% | 8h | 1,758.2 | −0.062% | $6.0M | $22.6M | 20x | as long as short |
| Lighter RH SNDKlong | +0.0032% | 1h | 1,759.3 | long leg | $1.2M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,759 | −0.018% | $390K | $2.2M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.309% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,758.4 | −0.051% | $270K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,759.7 | +0.019% | — | $571K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,759.6 | +0.015% | $242K | $665K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,758.9 | −0.024% | $119.4M | $159.5M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,759 | −0.019% | $4.5M | $19.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,758.9 | −0.024% | $186K | $130K | 10x | as long as short |
| SoDEX SNDK-USDshort | +0.0050% | 1h | 1,759.8 | +0.027% | $720K | $515K | 10x | |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,759 | −0.019% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0052% | 8h | 1,759 | −0.020% | — | — | 5x | as long as short |
| Nado SNDK-PERP | +0.0071% | 1h | 1,758.5 | −0.048% | $336K | $1.5M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,759.4 | +0.005% | $1K | — | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0085% | 1h | 1,760.4 | +0.059% | $51K | $358K | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,758.4 | −0.053% | $197K | $307K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,757.4 | −0.112% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,759.2 | −0.010% | $8K | $3K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0120% | 4h | 1,759.5 | +0.012% | $559K | $338K | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0136% | 1h | 1,758.7 | −0.035% | $440K | $2.1M | 10x | as long as short |
| Lighter SNDK | +0.0144% | 1h | 1,760.2 | +0.047% | $1.7M | $16.5M | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0553% | 1h | 1,760.7 | +0.077% | $128K | $334K | 20x | as long as short |
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
Aftermath Perps SNDKUSD
KuCoin SNDKUSDTM
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Nado SNDK-PERP
Aevo SNDK-PERP
Deribit SNDK_USDC-PERPETUAL
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC
Coinbase International SNDK-PERP-INTX
Lighter SNDK
Kraken Futures PF_SNDKUSD