Funding you earn now, next payment 00:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Popdex+0.001%7-day average +0.009% · 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−$12as in the Price arb table
costs, in and out, $10k−$110.108% of the position
Funding, last 3 days (all we have)−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.001%, 7d avg +0.009%
=Together, before fees−0.078%+ 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 +0.009%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SNDKUSDT | 1,777.9 | 0.0048 | pay 0.0006% / 1h | 15m 54s | $245K | $670K | 20x |
| Short | Lighter RH SNDK | 1,777.9 | 0.0032 | get 0.0004% / 1h | 15m 54s | $1.3M | $10.0M | 10x |
Popdex SNDKUSDT
Lighter RH SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Popdex. 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
- −$3.36
- Price spread: +0.001% → +0.009%
- −$0.8
- Slippage, 4 orders
- −$4.43
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$14.99
- Costs to cover
- 0.108%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 63 min ago; Lighter RH: live order book, 3 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, 63 min ago | 0.56 bp | 3.8 bp −$4 | 6.1 bp −$61 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.46 bp | 1.6 bp −$2 | 3.5 bp −$35 | doesn't fit | 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 | 1,777.8 | −0.004% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0076% | 1h | 1,777.6 | −0.017% | $4.6M | $20.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,777.8 | −0.008% | $2.2M | $21.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,778.2 | +0.016% | $21.9M | $46.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,777.6 | −0.019% | $283.9M | $1.88B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,778.1 | +0.008% | $31.7M | $105.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,777.9 | 0.000% | $87.1M | $845.5M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,777.6 | −0.019% | $183.8M | $240.0M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,777.6 | −0.015% | $47.9M | $171.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,777.7 | −0.013% | $2.6M | $4.7M | — | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
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 | 1,778.3 | +0.024% | $12K | $1.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,777.6 | −0.017% | $277K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,777.8 | −0.008% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,776.8 | −0.060% | $840 | $3.9M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,778.3 | +0.022% | $50K | $303K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,777.5 | −0.023% | $1.5M | $11.0M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,777.7 | −0.010% | $2.8M | $1.0M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,778.1 | +0.009% | $739 | $37K | 5x | as long as short |
| RISEx SNDK/USDC | +0.0018% | 1h | 1,778.9 | +0.056% | $174K | $1.8M | 20x | as long as short |
| Lighter RH SNDKshort | +0.0032% | 1h | 1,777.9 | +0.001% | $1.3M | $10.0M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,777.8 | −0.006% | $412K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.241% | $36 | $15K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,777.2 | −0.038% | $285K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,777.7 | −0.011% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDTlong | +0.0048% | 1h | 1,777.9 | long leg | $245K | $670K | 20x | |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,777.8 | −0.006% | $113.3M | $151.9M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,777.6 | −0.017% | $203K | $124K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,777.6 | −0.017% | $727K | $538K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,777.8 | −0.007% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,778 | +0.006% | $1.4M | $4.9M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,777.7 | −0.010% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0096% | 1h | 1,779 | +0.063% | $441K | $2.4M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,777.9 | +0.003% | $212K | $281K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,777.3 | −0.032% | $6.0M | $22.2M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,778.2 | +0.015% | $68K | $268K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,777.4 | −0.028% | $8K | $2K | 20x | as long as short |
| Lighter SNDK | +0.0128% | 1h | 1,778.5 | +0.032% | $1.6M | $16.4M | 20x | as long as short |
| Nado SNDK-PERP | +0.0167% | 1h | 1,778.1 | +0.011% | $355K | $1.4M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0168% | 4h | 1,777.8 | −0.003% | $565K | $355K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0456% | 1h | 1,778.4 | +0.028% | $129K | $406K | 20x | as long as short |
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
RISEx SNDK/USDC
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Lighter SNDK
Nado SNDK-PERP
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD