SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0208%/8h= −22.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.005%

Price spread now: Lighter RH against SoDEX+0.037%7-day average +0.031% · 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−$19as in the Price arb table

costs, in and out, $10k−$200.197% of the position

Long on SoDEX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.034%−$3 on $10k

Price spread, last 3 days (all we have)+0.011%+$1 · spread now +0.037%, 7d avg +0.031%

Together, before fees−0.023%+ Points / potential airdropLighter RH: Points live · farm board−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.034% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SNDK-USD	1,791.3	0.0240	pay 0.0030% / 1h	25m 06s	$732K	$515K	10x
Short	Lighter RH SNDK	1,792	0.0032	get 0.0004% / 1h	25m 06s	$1.4M	$9.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against SoDEX. 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 SoDEXbpFee Lighter RHbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$43.63
Price spread: +0.037% → +0.031%: $0.68
Slippage, 4 orders: −$11.66
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$62.61
Costs to cover: 0.197%
Break-even: never at this rate

Slippage from SoDEX: live order book, 49 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 SoDEX live order book, 49 min ago	0.03 bp	7.6 bp −$8	42.2 bp −$422	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	0.22 bp	2.4 bp −$2	5.6 bp −$56	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	1,791.3	0.000%	$4.1M	$4.5M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0096%	1h	1,791.4	+0.007%	$50K	$314K	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,791.8	+0.027%	$21.8M	$43.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,791.4	+0.004%	$286.4M	$1.84B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,791.8	+0.024%	$32.1M	$100.2M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,791.1	−0.012%	$86.6M	$835.8M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,791.2	−0.006%	$182.5M	$235.2M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,791.5	+0.008%	$48.1M	$169.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,792.4	+0.058%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,793.3	+0.108%	$22K	$1.1M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDK	0.0000%	1h	1,787.7	−0.202%	$278K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,791.2	−0.006%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,790	−0.076%	$863	$3.8M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,791	−0.016%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,791.3	−0.001%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,791	−0.019%	$2.0M	$19.7M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,792.3	+0.053%	$171K	$1.8M	20x	as long as short
Nado SNDK-PERP	+0.0007%	1h	1,792.6	+0.069%	$350K	$1.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0009%	1h	1,789.8	−0.086%	$684	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,792.5	+0.065%	$1.7M	$16.3M	20x	as long as short
Lighter RH SNDKshort	+0.0032%	1h	1,792	+0.037%	$1.4M	$9.6M	10x
Extended SNDK_24_5-USD	+0.0032%	1h	1,792	+0.038%	$438K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.482%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,790.2	−0.064%	$305K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,791.6	+0.014%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,791.3	−0.001%	$246K	$648K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,791.8	+0.027%	$115.1M	$148.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,790.2	−0.063%	$4.9M	$20.3M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,790.8	−0.029%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,791.5	+0.012%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,793.6	+0.127%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,790.7	−0.033%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,791.4	+0.003%	$199K	$291K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,791	−0.020%	$6.1M	$21.9M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,793.8	+0.141%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,790.7	−0.032%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,793.9	+0.142%	$443K	$2.3M	10x	as long as short
SoDEX SNDK-USDlong	+0.0240%	1h	1,791.3	long leg	$732K	$515K	10x
edgeX SNDKUSDC	+0.0285%	4h	1,791.6	+0.017%	$569K	$353K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0659%	1h	1,791.5	+0.010%	$130K	$379K	20x	as long as short