Funding you earn now, next payment 02:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.003%
Price spread now: Lighter against Pacifica+0.051%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$140.137% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.051%, 7d avg +0.013%
=Together, before fees+0.006%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.038% dearer against Pacifica than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of +0.013%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 44 hours. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SNDK | 1,785.7 | 0.0100 | pay 0.0013% / 1h | 21m 29s | $199K | $292K | 10x |
| Short | Lighter SNDK | 1,786.6 | 0.0032 | get 0.0004% / 1h | 21m 29s | $1.7M | $16.2M | 20x |
Pacifica SNDK
Lighter SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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
- −$14.28
- Price spread: +0.051% → +0.013%
- $3.78
- Slippage, 4 orders
- −$5.68
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$24.17
- Costs to cover
- 0.137%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 47 min ago; Lighter: live order book, 7 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 Pacifica live order book, 47 min ago | 0.28 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.70 bp | 0.7 bp −$1 | 1.2 bp −$12 | 12.4 bp −$1,243 | doesn't fit |
SNDK on 39 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit SNDK_USDC-PERPETUAL | −0.0058% | 1h | 1,786.7 | +0.060% | $51K | $331K | 10x | as long as short |
| Phoenix SNDK | −0.0045% | 1h | 1,787.5 | +0.103% | $278K | $193K | 15x | as long as short |
| Entropy io:SNDK | −0.0032% | 1h | 1,786.7 | +0.058% | $4.9M | $20.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,784.7 | −0.052% | $1.7M | $16.6M | 10x | as long as short |
| Nado SNDK-PERP | −0.0018% | 1h | 1,787.2 | +0.083% | $360K | $1.4M | 10x | as long as short |
| tradeXYZ xyz:SNDK | −0.0001% | 1h | 1,785.8 | +0.007% | $114.4M | $146.0M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,787 | +0.075% | $21.8M | $37.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,784.8 | −0.051% | $285.8M | $1.82B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,785.4 | −0.017% | $32.1M | $99.8M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,784.5 | −0.065% | $85.6M | $828.3M | 75x | as long as short |
Deribit SNDK_USDC-PERPETUAL
Phoenix SNDK
Entropy io:SNDK
QFEX SNDK-USD
Nado SNDK-PERP
tradeXYZ xyz:SNDK
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,785.4 | −0.017% | $180.8M | $232.2M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,785.6 | −0.005% | $44.0M | $164.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,788 | +0.131% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,786.6 | +0.054% | $13K | $1.2M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,787 | +0.075% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,786.4 | +0.040% | $720 | $3.7M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,786.5 | +0.047% | $1.4M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,785.9 | +0.014% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0004% | 1h | 1,787.1 | +0.078% | $665 | $37K | 5x | as long as short |
| Lighter SNDKshort | +0.0032% | 1h | 1,786.6 | +0.051% | $1.7M | $16.2M | 20x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,786.6 | +0.051% | $1.4M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,785.6 | −0.004% | $477K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.800% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,785.7 | +0.004% | $312K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,785.2 | −0.028% | — | $584K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,784.6 | −0.060% | $245K | $645K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,785.6 | −0.001% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,786.9 | +0.069% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,786.3 | +0.034% | $730K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,787.5 | +0.103% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,786.3 | +0.035% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,787.3 | +0.089% | $437K | $2.3M | 10x | as long as short |
| Pacifica SNDKlong | +0.0100% | 1h | 1,785.7 | long leg | $199K | $292K | 10x | |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,786 | +0.018% | $6.1M | $21.5M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,787.7 | +0.116% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,785.7 | +0.004% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0131% | 1h | 1,787.2 | +0.084% | $130K | $357K | 20x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,785.8 | +0.007% | $168K | $1.8M | 20x | as long as short |
| edgeX SNDKUSDC | +0.0612% | 4h | 1,786.6 | +0.053% | $567K | $352K | 10x | as long as short |
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
RISEx SNDK/USDC
edgeX SNDKUSDC