Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.10 per $10,000 · paid last 24h −0.018%
Price spread now: Lighter against Ondo Perps+0.040%7-day average −0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 7 days+0.265%+$26 · spread now +0.040%, 7d avg −0.003%
=Together, before fees+0.374%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board+$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.043% dearer against Ondo Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SNDK-USD.P | 1,778 | 0.0050 | pay 0.0006% / 1h | 17m 44s | $1.4M | $4.9M | 5x |
| Short | Lighter SNDK | 1,778.7 | 0.0128 | get 0.0016% / 1h | 17m 44s | $1.6M | $16.4M | 20x |
Ondo Perps SNDK-USD.P
Lighter SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Ondo Perps. 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
- $16.3
- Price spread: +0.040% → −0.003%
- $4.3
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $15.6
- Costs to cover
- 0.050%
- Break-even
- 0.3 days
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 0.34 bp | 1.0 bp −$1 | 1.9 bp −$19 | 4.8 bp −$477 | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1,778.4 | +0.021% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0073% | 1h | 1,777.5 | −0.028% | $4.6M | $20.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,777.9 | −0.006% | $2.2M | $21.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,778.7 | +0.037% | $21.9M | $46.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,777.9 | −0.007% | $283.9M | $1.89B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,778.1 | +0.004% | $31.7M | $105.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,778.2 | +0.011% | $87.1M | $845.6M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,777.8 | −0.013% | $183.8M | $240.0M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,777.8 | −0.012% | $47.9M | $171.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,777.6 | −0.021% | $2.6M | $4.7M | — | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDKShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,777.8 | −0.011% | $12K | $1.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,777.7 | −0.017% | $277K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,778.1 | +0.006% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,776.7 | −0.075% | $853 | $3.9M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,778.1 | +0.004% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,778.1 | +0.003% | $2.8M | $1.0M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,778.4 | +0.020% | $803 | $37K | 5x | as long as short |
| RISEx SNDK/USDC | +0.0018% | 1h | 1,779.4 | +0.080% | $175K | $1.8M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,778.1 | +0.003% | $1.3M | $10.0M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,777.8 | −0.013% | $412K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.235% | $36 | $15K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,777.5 | −0.026% | $285K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,777.7 | −0.017% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,777.7 | −0.017% | $245K | $670K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,777.7 | −0.017% | $113.3M | $151.8M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,777.6 | −0.022% | $203K | $124K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,778.2 | +0.008% | $727K | $538K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,777.9 | −0.008% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.Plong | +0.0050% | 1h | 1,778 | long leg | $1.4M | $4.9M | 5x | |
| Deribit SNDK_USDC-PERPETUAL | +0.0076% | 1h | 1,778.5 | +0.028% | $50K | $303K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,778.1 | +0.006% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0096% | 1h | 1,779 | +0.057% | $441K | $2.4M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,778 | −0.003% | $212K | $281K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,777.3 | −0.037% | $6.0M | $22.2M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,777.6 | −0.024% | $68K | $268K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,777.5 | −0.031% | $8K | $2K | 20x | as long as short |
| Lighter SNDKshort | +0.0128% | 1h | 1,778.7 | +0.040% | $1.6M | $16.4M | 20x | |
| Nado SNDK-PERP | +0.0169% | 1h | 1,778.1 | +0.004% | $355K | $1.4M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0455% | 1h | 1,778.8 | +0.045% | $129K | $406K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0674% | 4h | 1,777.4 | −0.035% | $565K | $354K | 10x | as long as short |
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
RISEx SNDK/USDC
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Deribit SNDK_USDC-PERPETUAL
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Nado SNDK-PERP
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC