Funding you earn now, next payment 00:00 UTC+0.0110%/8h= +12.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.047%
Price spread now: Lighter against RISEx−0.018%7-day average −0.022% · 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−$10as in the Price arb table
costs, in and out, $10k−$100.102% of the position
Funding, last 3 days (all we have)−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.018%, 7d avg −0.022%
=Together, before fees−0.089%+ Points / potential airdropLighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx SNDK/USDC | 1,777.9 | 0.0018 | pay 0.0002% / 1h | 14m 53s | $174K | $1.8M | 20x |
| Short | Lighter SNDK | 1,777.6 | 0.0128 | get 0.0016% / 1h | 14m 53s | $1.6M | $16.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against RISEx. 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
- $23.15
- Price spread: −0.018% → −0.022%
- $0.42
- Slippage, 4 orders
- −$4.25
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $13.32
- Costs to cover
- 0.103%
- Break-even
- 3.0 days
Slippage from RISEx: live order book, 4 min ago; Lighter: 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 RISEx live order book, 4 min ago | 1.60 bp | 4.6 bp −$5 | 5.0 bp −$50 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.48 bp | 0.5 bp −$1 | 0.6 bp −$6 | 21.0 bp −$2,101 | 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 | 1,776.6 | −0.073% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0082% | 1h | 1,777.2 | −0.040% | $4.6M | $20.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,777.2 | −0.040% | $2.2M | $21.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,777.7 | −0.015% | $21.9M | $46.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,776.5 | −0.080% | $283.6M | $1.88B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,776.6 | −0.072% | $31.6M | $105.7M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,776.7 | −0.069% | $86.8M | $845.4M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,776.4 | −0.083% | $183.7M | $240.0M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,776.5 | −0.078% | $47.8M | $171.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,777.7 | −0.014% | $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 | 1,777.9 | −0.001% | $12K | $1.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,777.6 | −0.018% | $277K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,776.7 | −0.067% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,776.6 | −0.075% | $846 | $3.9M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,776.9 | −0.055% | $50K | $303K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,776.7 | −0.071% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,776.7 | −0.069% | $2.8M | $1.0M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,777.9 | −0.002% | $672 | $37K | 5x | as long as short |
| RISEx SNDK/USDClong | +0.0018% | 1h | 1,777.9 | long leg | $174K | $1.8M | 20x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,777 | −0.053% | $1.3M | $10.0M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,776.8 | −0.064% | $412K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.240% | $36 | $15K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,776.3 | −0.093% | $285K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,777.2 | −0.042% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,776.8 | −0.063% | $245K | $670K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,776.5 | −0.080% | $113.2M | $151.9M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,776.3 | −0.091% | $203K | $124K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,776.7 | −0.070% | $726K | $538K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,777.4 | −0.030% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,777 | −0.052% | $1.4M | $4.9M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,776.4 | −0.085% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0096% | 1h | 1,779 | +0.062% | $441K | $2.4M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,777.4 | −0.030% | $211K | $281K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,777.2 | −0.041% | $6.0M | $22.2M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,778.2 | +0.013% | $68K | $268K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,776.6 | −0.075% | $8K | $2K | 20x | as long as short |
| Lighter SNDKshort | +0.0128% | 1h | 1,777.6 | −0.018% | $1.6M | $16.4M | 20x | |
| Nado SNDK-PERP | +0.0165% | 1h | 1,776.7 | −0.068% | $355K | $1.4M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0394% | 4h | 1,777.5 | −0.023% | $565K | $356K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0456% | 1h | 1,777.3 | −0.036% | $129K | $406K | 20x | as long as short |
RISEx SNDK/USDC
Lighter SNDK
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 SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD