Funding you earn now, next payment 01:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.003%
Price spread now: Lighter RH against Polymarket Perps+0.040%46s7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$190.186% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now +0.040%, 7d avg +0.058%
=Together, before fees+0.083%+ Points / potential airdropLighter RH: Points live · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.058%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SNDK-USD | 1,791.4 | 0.0050 | pay 0.0006% / 1h | 4m 43s | $188K | $135K | 10x |
| Short | Lighter RH SNDK | 1,792.1 | 0.0032 | get 0.0004% / 1h | 4m 43s | $1.4M | $9.7M | 10x |
Polymarket Perps SNDK-USD
Lighter RH SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Polymarket 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
- −$3.78
- Price spread: +0.040% → +0.058%
- −$1.88
- Slippage, 4 orders
- −$10.55
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$24.21
- Costs to cover
- 0.186%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 2 min ago; Lighter RH: live order book, 4 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 Polymarket Perps live order book, 2 min ago | 1.96 bp | 6.0 bp −$6 | 6.0 bp −$60 | 8.8 bp −$879 | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.73 bp | 2.7 bp −$3 | 5.2 bp −$52 | 44.1 bp −$4,408 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,791.8 | +0.020% | $4.1M | $4.5M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,791.2 | −0.011% | $21.8M | $42.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,791.3 | −0.008% | $287.3M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,792.1 | +0.041% | $32.1M | $99.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,792 | +0.033% | $86.9M | $833.4M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,791.8 | +0.023% | $182.4M | $235.8M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,791.9 | +0.026% | $47.9M | $164.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,791.3 | −0.006% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,789.4 | −0.112% | $21K | $1.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,790.9 | −0.028% | $279K | $195K | 15x | as long as short |
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDKShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet SNDK-USD | 0.0000% | 1h | 1,791.4 | 0.000% | $13K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,790.3 | −0.059% | $1K | $3.7M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,791.7 | +0.014% | $51K | $328K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,790.8 | −0.033% | $1.5M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,791.7 | +0.014% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | +0.0001% | 1h | 1,791.4 | −0.001% | $1.9M | $18.6M | 10x | as long as short |
| RISEx SNDK/USDC | +0.0004% | 1h | 1,792.1 | +0.040% | $171K | $1.8M | 20x | as long as short |
| Nado SNDK-PERP | +0.0004% | 1h | 1,791.6 | +0.012% | $347K | $1.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0007% | 1h | 1,791 | −0.021% | $684 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,792.6 | +0.068% | $1.7M | $16.4M | 20x | as long as short |
| Lighter RH SNDKshort | +0.0032% | 1h | 1,792.1 | +0.040% | $1.4M | $9.7M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,791.5 | +0.004% | $458K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.478% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,790 | −0.080% | $305K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,790.9 | −0.029% | — | $585K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,792 | +0.033% | $246K | $645K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,791.4 | 0.000% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,791.6 | +0.011% | $115.1M | $146.4M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,790.1 | −0.073% | $4.8M | $20.3M | 10x | as long as short |
| Polymarket Perps SNDK-USDlong | +0.0050% | 1h | 1,791.4 | long leg | $188K | $135K | 10x | |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,791.4 | +0.001% | $732K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,790.8 | −0.033% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,791.3 | −0.007% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,791.3 | −0.006% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,790.5 | −0.052% | $6.1M | $21.8M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,789.3 | −0.120% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,790.6 | −0.042% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0128% | 1h | 1,792.4 | +0.055% | $442K | $2.3M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0659% | 1h | 1,792.1 | +0.040% | $130K | $366K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0796% | 4h | 1,790.8 | −0.036% | $569K | $354K | 10x | as long as short |
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
RISEx SNDK/USDC
Nado SNDK-PERP
Aftermath Perps SNDKUSD
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Entropy io:SNDK
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC