Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Variational Omni against Lighter RH−0.009%7-day average +0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.007%+$1 on $10k
Price spread, last 7 days+0.014%+$1 · spread now −0.009%, 7d avg +0.029%
Together, before fees+0.021%+ Points / potential airdropLighter RH: Points live · Variational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.038% cheaper against Lighter RH than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SNDK1,787.10.0032pay 0.0004% / 1h40m 44s$1.4M$9.4M10x
ShortVariational Omni SNDK1,786.90get 0.0000% / 8h6h 40m$2.6M$4.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$6.72
Price spread: −0.009% → +0.029%
−$3.82
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$10.54
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Lighter RH: live order book, 3 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

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, 3 min ago1.23 bp1.9 bp −$23.5 bp −$35doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.40 bpdoesn't fit4.9 bp −$49doesn'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
BloFin SNDK-USDT−0.0120%8h1,788+0.052%$4.1M$4.5M75xas long as short
Entropy io:SNDK−0.0096%1h1,787.3+0.012%$4.9M$20.5M10xas long as short
Phoenix SNDK−0.0045%1h1,787.9+0.046%$278K$193K15xas long as short
QFEX SNDK-USD−0.0024%1h1,787.1+0.001%$1.8M$17.4M10xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0019%1h1,787−0.007%$51K$328K10xas long as short
Aster SNDKUSD10.0000%8h1,787.7+0.035%$21.8M$40.0M20xas long as short
Binance SNDKUSDT0.0000%8h1,786.6−0.026%$286.5M$1.82B75xas long as short
Bybit SNDKUSDT0.0000%8h1,787−0.002%$31.9M$99.8M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,786.7−0.021%$85.9M$830.5M75xas long as short
Gate SNDK_USDT0.0000%8h1,786.7−0.021%$180.8M$231.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT0.0000%8h1,787.10.000%$47.5M$164.2M75xas long as short
Variational Omni SNDKshort0.0000%8h1,786.9−0.009%$2.6M$4.7M
GRVT SNDK_USDT_Perp0.0000%8h1,788.1+0.055%$22K$1.1M10xas long as short
Bullet SNDK-USD0.0000%1h1,787−0.003%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,786.2−0.049%$727$3.7M20xas long as short
HTX SNDK-USDT0.0000%8h1,786.9−0.008%$1.5M$10.4M50xas long as short
Phemex SNDKUSDT0.0000%8h1,786.9−0.009%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0002%1h1,787.9+0.047%$363K$1.4M10xas long as short
Aftermath Perps SNDKUSD+0.0005%1h1,788+0.050%$683$37K5xas long as short
tradeXYZ xyz:SNDK+0.0016%1h1,786.5−0.032%$114.5M$146.6M10xas long as short
Lighter SNDK+0.0032%1h1,787.5+0.022%$1.7M$16.1M20xas long as short
Lighter RH SNDKlong+0.0032%1h1,787.1long leg$1.4M$9.4M10x
Extended SNDK_24_5-USD+0.0032%1h1,786.9−0.008%$469K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.721%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,786.8−0.018%$307K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,786.6−0.025%$584K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,787.7+0.035%$246K$645K20xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,787.1+0.001%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,786.8−0.016%$187K$135K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,787.2+0.004%$731K$515K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,787.3+0.012%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,786.8−0.014%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0088%1h1,787.8+0.040%$440K$2.3M10xas long as short
Pacifica SNDK+0.0100%1h1,786.6−0.024%$199K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,787.4+0.018%$6.1M$21.5M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,787.9+0.046%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,786.7−0.019%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0131%1h1,787.7+0.036%$130K$364K20xas long as short
RISEx SNDK/USDC+0.0257%1h1,788.5+0.078%$171K$1.8M20xas long as short
edgeX SNDKUSDC+0.0279%4h1,787.4+0.016%$568K$351K10xas long as short