Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Phemex−0.010%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$610.608% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.010%, 7d avg +0.005%
=Together, before fees+0.113%+ Points / potential airdropLighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SNDKUSDT | 1,764.8 | 0 | get 0.0000% / 8h | 1h 18m | $2.8M | $1.1M | 50x |
| Short | Lighter RH SNDK | 1,764.6 | 0.0032 | get 0.0004% / 1h | 18m 15s | $1.2M | $9.6M | 10x |
Phemex SNDKUSDT
Lighter RH SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Phemex. 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
- $6.72
- Price spread: −0.010% → +0.005%
- −$1.56
- Slippage, 4 orders
- −$48.77
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$55.6
- Costs to cover
- 0.608%
- Break-even
- 64.9 days
Slippage from Phemex: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 5 min ago | 1.25 bp | 32.1 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.22 bp | 1.4 bp −$1 | 3.5 bp −$35 | 35.6 bp −$3,562 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0320% | 8h | 1,764.5 | −0.017% | $48.4M | $166.8M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,763.5 | −0.076% | $3.9M | $4.6M | 75x | as long as short |
| QFEX SNDK-USD | −0.0008% | 1h | 1,763.7 | −0.062% | $1.4M | $10.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,765.1 | +0.014% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,764.7 | −0.008% | $280.5M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,764.9 | +0.003% | $31.8M | $103.4M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,764.8 | 0.000% | $82.6M | $837.8M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,765.3 | +0.027% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,764 | −0.044% | $177.6M | $231.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,764.5 | −0.017% | $2.5M | $4.8M | — | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
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 | 1,763.5 | −0.076% | $11K | $2.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,764.5 | −0.017% | $275K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,764.1 | −0.040% | $13K | $289K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,763.6 | −0.071% | $933 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,764.5 | −0.019% | $51K | $351K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,763.8 | −0.055% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDTlong | 0.0000% | 8h | 1,764.8 | long leg | $2.8M | $1.1M | 50x | |
| KuCoin SNDKUSDTM | +0.0001% | 8h | 1,763.3 | −0.085% | $6.0M | $22.2M | 20x | as long as short |
| Aftermath Perps SNDKUSD | +0.0013% | 1h | 1,763.4 | −0.078% | $656 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0017% | 1h | 1,761.7 | −0.175% | — | $579K | 10x | as long as short |
| Nado SNDK-PERP | +0.0024% | 1h | 1,763.9 | −0.051% | $328K | $1.5M | 10x | as long as short |
| Lighter RH SNDKshort | +0.0032% | 1h | 1,764.6 | −0.010% | $1.2M | $9.6M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,764.1 | −0.041% | $491K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.992% | $36 | $9K | 12x | as long as short |
| Lighter SNDK | +0.0040% | 1h | 1,765.4 | +0.035% | $1.8M | $16.3M | 20x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,762.5 | −0.131% | $254K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,764 | −0.045% | $242K | $668K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,764.1 | −0.040% | $118.8M | $158.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,763.3 | −0.085% | $4.7M | $19.6M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,762.9 | −0.108% | $185K | $130K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,764.5 | −0.018% | $721K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,763.6 | −0.067% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,764.4 | −0.023% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,764.1 | −0.040% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,763.8 | −0.057% | $198K | $304K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,764.9 | +0.003% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,764.6 | −0.014% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,761 | −0.217% | $431K | $2.3M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0400% | 1h | 1,764.8 | −0.002% | $127K | $346K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0501% | 4h | 1,763 | −0.103% | $560K | $352K | 10x | as long as short |
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
KuCoin SNDKUSDTM
Aftermath Perps SNDKUSD
Vest SNDK-USD-PERP
Nado SNDK-PERP
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Lighter SNDK
Arcus SNDK-USD
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC