Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.017%
Price spread now: Lighter RH against Binance0.000%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$140.137% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.150%−$15 on $10k
Price spread, last 7 days−0.032%−$3 · spread now 0.000%, 7d avg −0.044%
Together, before fees−0.182%+ Points / potential airdropLighter RH: Points live · farm board−$18 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 0.044% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.044%. Mind the row above: over the last 7 days funding on this pair cost −0.150%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SNDKUSDT1,762.30get 0.0000% / 8h33m 31s$280.0M$1.86B75x
ShortLighter RH SNDK1,762.30.0032get 0.0004% / 1h33m 31s$1.2M$9.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Binance. 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

Funding earned
$6.72
Price spread: 0.000% → −0.044%
$4.39
Slippage, 4 orders
−$3.71
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$2.6
Costs to cover
0.137%
Break-even
9.7 days
Slippage from Binance: live order book, 11 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago0.11 bp5.1 bp −$56.3 bp −$6313.2 bp −$1,319doesn't fit
Sell Lighter RH live order book, 5 min ago1.39 bp1.7 bp −$23.3 bp −$33doesn't fitdoesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT−0.0271%8h1,762.1−0.009%$48.4M$166.1M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,762.1−0.009%$3.9M$4.6M75xas long as short
KuCoin SNDKUSDTM−0.0015%8h1,761.3−0.056%$6.0M$22.3M20xas long as short
Nado SNDK-PERP−0.0012%1h1,762.3+0.002%$330K$1.5M10xas long as short
QFEX SNDK-USD−0.0001%1h1,761.6−0.039%$1.4M$10.0M10xas long as short
Aster SNDKUSD10.0000%8h1,762.9+0.033%$21.5M$32.9M20xas long as short
Binance SNDKUSDTlong0.0000%8h1,762.3long leg$280.0M$1.86B75x
Bybit SNDKUSDT0.0000%8h1,762.6+0.018%$31.7M$103.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,761.9−0.022%$82.4M$833.9M75xas long as short
RISEx SNDK/USDC0.0000%1h1,763.2+0.051%$121K$1.6M20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,761.7−0.033%$177.7M$228.4M75xas long as short
Variational Omni SNDK0.0000%8h1,761.1−0.070%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,762.3+0.001%$16K$2.1M10xas long as short
Phoenix SNDK0.0000%1h1,762.4+0.006%$275K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,762.1−0.013%$14K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,761.9−0.020%$923$3.4M20xas long as short
HTX SNDK-USDT0.0000%8h1,761.2−0.062%$1.4M$10.5M50xas long as short
Phemex SNDKUSDT0.0000%8h1,761.6−0.040%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0013%1h1,762.4+0.003%$673$38K5xas long as short
Vest SNDK-USD-PERP+0.0016%1h1,759.9−0.134%$579K10xas long as short
Lighter RH SNDKshort+0.0032%1h1,762.30.000%$1.2M$9.5M10x
Extended SNDK_24_5-USD+0.0032%1h1,761.8−0.028%$493K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.137%$36$9K12xas long as short
Lighter SNDK+0.0040%1h1,763+0.037%$1.8M$16.3M20xas long as short
Arcus SNDK-USD+0.0040%1h1,760.8−0.085%$254K$1.5M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,761.9−0.022%$243K$652K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,762−0.017%$119.5M$159.6M10xas long as short
Entropy io:SNDK+0.0050%1h1,761.9−0.022%$4.6M$19.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,760.9−0.079%$185K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,761.4−0.050%$720K$520K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,762.1−0.009%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,761.7−0.034%$1.4M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,761.8−0.030%$1K10xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0096%1h1,762.1−0.010%$51K$353K10xas long as short
Pacifica SNDK+0.0100%1h1,761.9−0.020%$197K$308K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,762.1−0.011%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,761.5−0.046%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,762.4+0.007%$429K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0274%1h1,762.4+0.007%$127K$339K20xas long as short
edgeX SNDKUSDC+0.0798%4h1,761.8−0.026%$560K$351K10xas long as short