Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.012%
Price spread now: Lighter against Aster+0.004%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$180.182% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.004%, 7d avg −0.026%
=Together, before fees+0.046%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.030% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SNDKUSD1 | 1,751.5 | 0 | get 0.0000% / 8h | 7h 37m | $21.4M | $32.6M | 20x |
| Short | Lighter SNDK | 1,751.5 | 0.0032 | get 0.0004% / 1h | 37m 00s | $1.7M | $16.4M | 20x |
Aster SNDKUSD1
Lighter SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- $6.72
- Price spread: +0.004% → −0.026%
- $2.99
- Slippage, 4 orders
- −$10.18
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$8.47
- Costs to cover
- 0.182%
- Break-even
- 15.8 days
Slippage from Aster: live order book, 2 min ago; Lighter: live order book, 7 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 Aster live order book, 2 min ago | 1.54 bp | 10.2 bp −$10 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.57 bp | 1.1 bp −$1 | 1.6 bp −$16 | 22.2 bp −$2,224 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | −0.0845% | 8h | 1,750.4 | −0.061% | $21K | $2.2M | 10x | as long as short |
| HTX SNDK-USDT | −0.0543% | 8h | 1,751.1 | −0.021% | $1.4M | $10.5M | 50x | as long as short |
| Bitget SNDKUSDT | −0.0247% | 8h | 1,750.7 | −0.043% | $49.3M | $166.9M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,751 | −0.027% | $4.0M | $4.5M | 75x | as long as short |
| Nado SNDK-PERP | −0.0083% | 1h | 1,752.2 | +0.040% | $330K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0040% | 8h | 1,751.2 | −0.015% | $6.0M | $22.5M | 20x | as long as short |
| QFEX SNDK-USD | −0.0002% | 1h | 1,752.2 | +0.043% | $1.4M | $9.6M | 10x | as long as short |
| Aster SNDKUSD1long | 0.0000% | 8h | 1,751.5 | long leg | $21.4M | $32.6M | 20x | |
| Binance SNDKUSDT | 0.0000% | 8h | 1,750.7 | −0.042% | $279.9M | $1.85B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,750.7 | −0.045% | $31.6M | $104.1M | 100x | as long as short |
GRVT SNDK_USDT_Perp
HTX SNDK-USDT
Bitget SNDKUSDT
BloFin SNDK-USDT
Nado SNDK-PERP
KuCoin SNDKUSDTM
QFEX SNDK-USD
Binance SNDKUSDT
Bybit SNDKUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,749.7 | −0.101% | $82.2M | $821.0M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,752 | +0.029% | $136K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,749.8 | −0.095% | $178.5M | $218.0M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,752.6 | +0.066% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,751.1 | −0.021% | $273K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,752.1 | +0.036% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,752.3 | +0.048% | $918 | $3.3M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,751.7 | +0.011% | $50K | $360K | 10x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,751 | −0.028% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0006% | 1h | 1,748.9 | −0.146% | — | $570K | 10x | as long as short |
| Entropy io:SNDK | +0.0008% | 1h | 1,752.6 | +0.065% | $4.5M | $19.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0011% | 1h | 1,753.4 | +0.112% | $728 | $38K | 5x | as long as short |
| Lighter SNDKshort | +0.0032% | 1h | 1,751.5 | +0.004% | $1.7M | $16.4M | 20x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,751.2 | −0.017% | $1.2M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,750.9 | −0.034% | $448K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.769% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,751.3 | −0.013% | $256K | $1.4M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0047% | 8h | 1,751.6 | +0.007% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,752.4 | +0.053% | $241K | $630K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,751 | −0.027% | $118.6M | $158.4M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,752.3 | +0.047% | $184K | $127K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,751 | −0.030% | $716K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,750.1 | −0.078% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,751.6 | +0.007% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,752.1 | +0.036% | $196K | $310K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,751.5 | +0.001% | $67K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,751 | −0.029% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,751.3 | −0.010% | $425K | $2.1M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0127% | 4h | 1,751.2 | −0.016% | $556K | $350K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0285% | 1h | 1,752.2 | +0.041% | $128K | $344K | 20x | as long as short |
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Phemex SNDKUSDT
Vest SNDK-USD-PERP
Entropy io:SNDK
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD