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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.017%
Price spread now: Lighter RH against OKX+0.074%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$140.142% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 7 days−0.087%−$9 · spread now +0.074%, 7d avg −0.020%
Together, before fees−0.142%+ Points / potential airdropLighter RH: Points live · farm board−$14 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 Lighter RH is 0.094% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SNDK-USDT-SWAP1,7700get 0.0000% / 8h3h 18m$82.1M$825.6M75x
ShortLighter RH SNDK1,771.30.0032get 0.0004% / 1h18m 52s$1.4M$9.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against OKX. 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: +0.074% → −0.020%
$9.39
Slippage, 4 orders
−$4.24
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$1.87
Costs to cover
0.142%
Break-even
5.1 days
Slippage from OKX: live order book, 5 min ago; Lighter RH: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago0.28 bp5.3 bp −$55.8 bp −$5810.8 bp −$1,08262.7 bp −$31.3K
Sell Lighter RH live order book, 5 min ago1.10 bp1.5 bp −$13.9 bp −$3938.4 bp −$3,835doesn'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%8h1,771.1+0.060%$3.9M$4.4M75xas long as short
Entropy io:SNDK−0.0055%1h1,771.9+0.107%$4.8M$19.8M10xas long as short
KuCoin SNDKUSDTM−0.0047%8h1,771+0.059%$6.1M$22.0M20xas long as short
Nado SNDK-PERP−0.0021%1h1,771.8+0.102%$348K$1.5M10xas long as short
QFEX SNDK-USD−0.0019%1h1,770.7+0.037%$1.4M$12.0M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,774.1+0.230%$434K$2.3M10xas long as short
Aster SNDKUSD10.0000%8h1,771.5+0.083%$21.6M$32.3M20xas long as short
Binance SNDKUSDT0.0000%8h1,770.4+0.024%$280.6M$1.82B75xas long as short
Bybit SNDKUSDT0.0000%8h1,770.5+0.029%$31.9M$102.1M100xas long as short
OKX SNDK-USDT-SWAPlong0.0000%8h1,770long leg$82.1M$825.6M75x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,771.6+0.088%$136K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,770.4+0.023%$176.9M$231.0M75xas long as short
Bitget SNDKUSDT0.0000%8h1,770.5+0.028%$44.3M$162.7M75xas long as short
Variational Omni SNDK0.0000%8h1,773.3+0.188%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,772.9+0.165%$14K$1.6M10xas long as short
Phoenix SNDK0.0000%1h1,770.4+0.023%$276K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,771.2+0.065%$14K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,770.6+0.035%$887$3.6M20xas long as short
HTX SNDK-USDT0.0000%8h1,771.1+0.063%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,771.1+0.063%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0009%1h1,772.9+0.164%$660$38K5xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0021%1h1,771.4+0.081%$51K$346K10xas long as short
Lighter SNDK+0.0032%1h1,772.1+0.116%$1.7M$15.9M20xas long as short
Lighter RH SNDKshort+0.0032%1h1,771.3+0.074%$1.4M$9.5M10x
Extended SNDK_24_5-USD+0.0032%1h1,770.8+0.045%$428K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.693%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,771.3+0.075%$264K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0044%1h1,768.7−0.074%$578K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,771.8+0.102%$244K$652K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,770.6+0.032%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,769.8−0.011%$117.1M$152.3M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,771+0.056%$186K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,771.1+0.062%$724K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,771+0.056%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,770.9+0.053%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,771.1+0.061%$197K$289K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,773.1+0.175%$68K$271K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,770.1+0.006%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,771.3+0.076%$128K$353K20xas long as short
edgeX SNDKUSDC+0.0582%4h1,772.9+0.163%$563K$352K10xas long as short