Funding you earn now, next payment 09:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.015%
Price spread now: Lighter RH against Pacifica−0.125%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$190.185% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.125%, 7d avg +0.022%
=Together, before fees+0.127%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.147% cheaper against Pacifica than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SNDK | 1,746.1 | 0.0100 | pay 0.0013% / 1h | 32m 01s | $196K | $310K | 10x |
| Short | Lighter RH SNDK | 1,743.9 | 0.0032 | get 0.0004% / 1h | 32m 01s | $1.3M | $9.5M | 10x |
Pacifica SNDK
Lighter RH SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: −0.125% → +0.022%
- −$14.71
- Slippage, 4 orders
- −$10.53
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$47.52
- Costs to cover
- 0.185%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 1 min ago; Lighter RH: 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, 1 min ago | 0.86 bp | 6.3 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 7 min ago | 1.54 bp | 2.6 bp −$3 | 5.4 bp −$54 | 37.2 bp −$3,720 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | −0.0530% | 8h | 1,749.5 | +0.199% | $21K | $2.2M | 10x | as long as short |
| HTX SNDK-USDT | −0.0346% | 8h | 1,744 | −0.117% | $1.4M | $10.6M | 50x | as long as short |
| Bitget SNDKUSDT | −0.0243% | 8h | 1,743.8 | −0.132% | $49.3M | $167.6M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,748.1 | +0.119% | $4.0M | $4.5M | 75x | as long as short |
| Nado SNDK-PERP | −0.0071% | 1h | 1,744.5 | −0.092% | $330K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0048% | 8h | 1,745.1 | −0.053% | $6.0M | $22.6M | 20x | as long as short |
| QFEX SNDK-USD | −0.0002% | 1h | 1,745.1 | −0.057% | $1.4M | $9.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,745.3 | −0.044% | $21.3M | $32.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,744.1 | −0.112% | $279.2M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,744.5 | −0.092% | $31.6M | $104.6M | 100x | as long as short |
GRVT SNDK_USDT_Perp
HTX SNDK-USDT
Bitget SNDKUSDT
BloFin SNDK-USDT
Nado SNDK-PERP
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,743.5 | −0.147% | $81.5M | $821.1M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,746.4 | +0.022% | $135K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,744.1 | −0.111% | $178.1M | $218.6M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,748.8 | +0.158% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,749 | +0.168% | $272K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,744.2 | −0.107% | $13K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,744.5 | −0.089% | $851 | $3.3M | 20x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,745.3 | −0.041% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0006% | 1h | 1,743.1 | −0.169% | — | $580K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,750 | +0.223% | $765 | $38K | 5x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0014% | 1h | 1,744.2 | −0.105% | $50K | $360K | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,744.2 | −0.105% | $1.7M | $16.4M | 20x | as long as short |
| Lighter RH SNDKshort | +0.0032% | 1h | 1,743.9 | −0.125% | $1.3M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,744 | −0.118% | $444K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +3.087% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,744.1 | −0.115% | $249K | $1.5M | 10x | as long as short |
| Entropy io:SNDK | +0.0044% | 1h | 1,747.6 | +0.088% | $4.5M | $19.5M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0047% | 8h | 1,745.7 | −0.019% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,745.3 | −0.044% | $240K | $655K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,743.8 | −0.129% | $118.2M | $158.9M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,744.5 | −0.089% | $183K | $127K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,744.1 | −0.111% | $713K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,750.1 | +0.231% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,743.2 | −0.166% | $1K | — | 10x | as long as short |
| Pacifica SNDKlong | +0.0100% | 1h | 1,746.1 | long leg | $196K | $310K | 10x | |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,751.6 | +0.316% | $67K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,745.1 | −0.056% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,746.1 | +0.005% | $427K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0286% | 1h | 1,744.2 | −0.104% | $127K | $346K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0695% | 4h | 1,749.3 | +0.187% | $556K | $351K | 10x | as long as short |
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Phemex SNDKUSDT
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Deribit SNDK_USDC-PERPETUAL
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Entropy io:SNDK
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC