Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Aster+0.001%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$170.167% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.001%, 7d avg −0.027%
=Together, before fees−0.096%+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm board−$10 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 RH is 0.028% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SNDKUSD1 | 1,768.4 | 0 | get 0.0000% / 8h | 5h 26m | $21.5M | $32.4M | 20x |
| Short | Lighter RH SNDK | 1,768.5 | 0.0032 | get 0.0004% / 1h | 26m 54s | $1.2M | $9.7M | 10x |
Aster SNDKUSD1
Lighter RH SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: +0.001% → −0.027%
- $2.79
- Slippage, 4 orders
- −$8.7
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$7.19
- Costs to cover
- 0.167%
- Break-even
- 14.5 days
Slippage from Aster: live order book, 5 min ago; Lighter RH: live order book, 5 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, 5 min ago | 1.95 bp | 7.0 bp −$7 | 14.1 bp −$141 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 0.88 bp | 1.3 bp −$1 | 4.2 bp −$42 | doesn't fit | doesn't fit |
SNDK on 40 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SNDKUSD | −0.0259% | 1h | 1,767.3 | −0.066% | $167K | $379K | 20x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,768.3 | −0.009% | $4.0M | $4.7M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0005% | 1h | 1,767.4 | −0.058% | $19K | $446K | 10x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,767.8 | −0.039% | $1.5M | $9.3M | 10x | as long as short |
| Aster SNDKUSD1long | 0.0000% | 8h | 1,768.4 | long leg | $21.5M | $32.4M | 20x | |
| Binance SNDKUSDT | 0.0000% | 8h | 1,768.7 | +0.013% | $282.0M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,768.6 | +0.012% | $31.5M | $107.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,768.8 | +0.021% | $81.0M | $840.8M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,768.2 | −0.011% | $182.3M | $220.1M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,768.3 | −0.009% | $50.0M | $172.0M | 75x | as long as short |
Kraken Futures PF_SNDKUSD
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
QFEX SNDK-USD
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDTShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,767.9 | −0.030% | $2.7M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,768.1 | −0.017% | $19K | $2.5M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,767.7 | −0.041% | $275K | $188K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,768.3 | −0.007% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,767.1 | −0.075% | $779 | $3.1M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,767.6 | −0.045% | $1.4M | $9.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,768.4 | −0.004% | $2.8M | $1.2M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0021% | 1h | 1,768.1 | −0.018% | $676 | $39K | 5x | as long as short |
| Lighter RH SNDKshort | +0.0032% | 1h | 1,768.5 | +0.001% | $1.2M | $9.7M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,767.6 | −0.050% | $413K | $2.4M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.783% | $36 | $4K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,767.4 | −0.059% | $269K | $1.3M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,767.5 | −0.052% | — | $574K | 10x | as long as short |
| Nado SNDK-PERP | +0.0047% | 1h | 1,768.1 | −0.019% | $325K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,768.3 | −0.007% | $243K | $702K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,768.5 | +0.004% | $121.6M | $152.7M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,767.7 | −0.041% | $4.5M | $19.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,767.7 | −0.041% | $187K | $131K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,768 | −0.024% | $725K | $522K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,768.1 | −0.019% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0052% | 8h | 1,767.7 | −0.043% | — | — | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,767.8 | −0.037% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,768.4 | −0.003% | $193K | $310K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,767.4 | −0.057% | $6.1M | $23.1M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,769.3 | +0.050% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,767.5 | −0.052% | $8K | $3K | 20x | as long as short |
| Lighter SNDK | +0.0128% | 1h | 1,769 | +0.034% | $1.8M | $16.8M | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0152% | 1h | 1,768.9 | +0.025% | $451K | $2.2M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0570% | 4h | 1,767.5 | −0.052% | $562K | $340K | 10x | as long as short |
| RISEx SNDK/USDC | +0.0898% | 1h | 1,769.5 | +0.063% | $146K | $1.5M | 20x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Nado SNDK-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Lighter SNDK
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC
RISEx SNDK/USDC