Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.014%
Price spread now: Lighter RH against QFEX−0.067%52s7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$150.152% of the position
Funding, last 4 days (all we have)+0.035%+$4 on $10k
+Price spread, last 7 days+0.063%+$6 · spread now −0.067%, 7d avg +0.015%
=Together, before fees+0.099%+ Points / potential airdropLighter RH: Points live · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.082% cheaper against QFEX than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.015%). If the spread goes back, that is −$8 on $10k: about 6.8 days of funding at the current rate (+$1 a day). The two prices were read 52 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 | QFEX SNDK-USD | 1,764.6 | −0.0008 | get 0.0001% / 1h | 19m 45s | $1.4M | $10.3M | 10x |
| Short | Lighter RH SNDK | 1,763.4 | 0.0032 | get 0.0004% / 1h | 19m 45s | $1.2M | $9.6M | 10x |
QFEX SNDK-USD
Lighter RH SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against QFEX. 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
- $8.37
- Price spread: −0.067% → +0.015%
- −$8.17
- Slippage, 4 orders
- −$5.16
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$14.96
- Costs to cover
- 0.152%
- Break-even
- 19.5 days
Slippage from QFEX: live order book, 4 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 QFEX live order book, 4 min ago | 0.03 bp | 6.6 bp −$7 | 6.6 bp −$66 | 11.9 bp −$1,192 | doesn't fit |
| Sell Lighter RH live order book, 4 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 | −0.0326% | 8h | 1,763.7 | −0.052% | $48.4M | $166.8M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,764.9 | +0.014% | $3.9M | $4.6M | 75x | as long as short |
| QFEX SNDK-USDlong | −0.0008% | 1h | 1,764.6 | long leg | $1.4M | $10.3M | 10x | |
| KuCoin SNDKUSDTM | −0.0001% | 8h | 1,762.6 | −0.116% | $6.0M | $22.2M | 20x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,764 | −0.033% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,763.4 | −0.069% | $280.3M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,763.8 | −0.045% | $31.8M | $103.4M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,763.8 | −0.046% | $82.6M | $837.2M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,765.5 | +0.051% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,763 | −0.094% | $177.5M | $231.4M | 75x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,764.5 | −0.006% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,763.5 | −0.066% | $11K | $2.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,761 | −0.205% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,764.3 | −0.018% | $13K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,764.1 | −0.028% | $1K | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,764.1 | −0.031% | $51K | $351K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,763.4 | −0.068% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,764.3 | −0.016% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0013% | 1h | 1,763.1 | −0.087% | $656 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0016% | 1h | 1,762.7 | −0.108% | — | $579K | 10x | as long as short |
| Nado SNDK-PERP | +0.0021% | 1h | 1,764.8 | +0.011% | $328K | $1.5M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,764.2 | −0.023% | $1.8M | $16.3M | 20x | as long as short |
| Lighter RH SNDKshort | +0.0032% | 1h | 1,763.4 | −0.067% | $1.2M | $9.6M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,762.5 | −0.120% | $491K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.003% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,762.3 | −0.131% | $254K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,764.7 | +0.005% | $242K | $668K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,763.4 | −0.069% | $118.7M | $158.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,762.8 | −0.103% | $4.7M | $19.6M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,763.6 | −0.057% | $185K | $130K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,764 | −0.037% | $721K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,763 | −0.092% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,764.4 | −0.012% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,763.9 | −0.042% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,763.4 | −0.069% | $198K | $304K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,763.7 | −0.052% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,764.5 | −0.009% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,761 | −0.206% | $431K | $2.3M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0400% | 1h | 1,764.9 | +0.015% | $127K | $346K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0501% | 4h | 1,763 | −0.092% | $560K | $352K | 10x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Vest SNDK-USD-PERP
Nado SNDK-PERP
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
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