SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.002%

Price spread now: Lighter against Popdex+0.083%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs$0as in the Price arb table

costs, in and out, $10k−$90.089% of the position

Long on Popdex Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.172%−$17 · spread now +0.083%, 7d avg −0.002%

Together, before fees−0.198%+ Points / potential airdropLighter: Season 3 · farm board−$20 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 0.085% dearer against Popdex than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex SNDKUSDT	1,777.7	0.0048	pay 0.0006% / 1h	17m 56s	$245K	$670K	20x
Short	Lighter SNDK	1,779.2	0.0128	get 0.0016% / 1h	17m 56s	$1.6M	$16.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Popdex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PopdexbpFee LighterbpOrdersPrice spread, now +0.083%Rate

Funding earned: $16.8
Price spread: +0.083% → −0.002%: $8.54
Slippage, 4 orders: −$2.49
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Lighter: 0 bp × 2 orders: $0
Net: $16.46
Costs to cover: 0.089%
Break-even: 0.1 days

Slippage from Popdex: live order book, 61 min ago; Lighter: live order book, 6 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 Popdex live order book, 61 min ago	0.56 bp	3.8 bp −$4	6.1 bp −$61	doesn't fit	doesn't fit
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

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	+0.038%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0071%	1h	1,777.6	−0.006%	$4.5M	$20.4M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,777.9	+0.011%	$2.2M	$21.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,778.6	+0.051%	$21.9M	$46.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,778	+0.017%	$284.0M	$1.89B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,778.1	+0.023%	$31.7M	$105.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,778.3	+0.034%	$87.1M	$845.8M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,777.8	+0.003%	$183.8M	$240.0M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,777.9	+0.014%	$47.9M	$171.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,777.6	−0.004%	$2.6M	$4.7M	—	as long as short

Show 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	+0.006%	$12K	$1.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,777.7	0.000%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,778.1	+0.023%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,776.7	−0.058%	$853	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,778.1	+0.021%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,778.1	+0.020%	$2.8M	$1.0M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,778.4	+0.037%	$803	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,779.4	+0.097%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,778.2	+0.025%	$1.3M	$10.0M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,777.8	+0.004%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.252%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,777.6	−0.004%	$286K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,777.7	0.000%	—	$670K	10x	as long as short
Popdex SNDKUSDTlong	+0.0048%	1h	1,777.7	long leg	$245K	$670K	20x
tradeXYZ xyz:SNDK	+0.0050%	1h	1,777.7	0.000%	$113.3M	$151.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,777.6	−0.006%	$203K	$124K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,778.2	+0.025%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778	+0.015%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778	+0.017%	$1.4M	$4.9M	5x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0076%	1h	1,778.5	+0.044%	$50K	$303K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778.1	+0.023%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,779	+0.074%	$441K	$2.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,778	+0.016%	$212K	$281K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,777.3	−0.020%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,777.6	−0.007%	$68K	$268K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,777.5	−0.014%	$8K	$2K	20x	as long as short
Lighter SNDKshort	+0.0128%	1h	1,779.2	+0.083%	$1.6M	$16.4M	20x
Nado SNDK-PERP	+0.0169%	1h	1,778.1	+0.021%	$355K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,778.8	+0.062%	$129K	$406K	20x	as long as short
edgeX SNDKUSDC	+0.0674%	4h	1,777.4	−0.018%	$565K	$354K	10x	as long as short