Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Lighter RH against Bullet+0.051%7-day average +0.019% · 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−$18as in the Price arb table
costs, in and out, $10k−$210.209% of the position
Funding, last 3 days (all we have)+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.051%, 7d avg +0.019%
=Together, before fees+0.073%+ Points / potential airdropLighter RH: Points live · farm board+$7 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 0.032% dearer against Bullet than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SNDK-USD | 1,768.7 | 0 | get 0.0000% / 1h | 9m 57s | $14K | $288K | 10x |
| Short | Lighter RH SNDK | 1,769.6 | 0.0032 | get 0.0004% / 1h | 9m 57s | $1.3M | $9.5M | 10x |
Bullet SNDK-USD
Lighter RH SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bullet. 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: +0.051% → +0.019%
- $3.18
- Slippage, 4 orders
- −$12.88
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$10.98
- Costs to cover
- 0.209%
- Break-even
- 18.4 days
Slippage from Bullet: live order book, 39 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 Bullet live order book, 39 min ago | 1.70 bp | 7.3 bp −$7 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.19 bp | 3.0 bp −$3 | 6.0 bp −$60 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0310% | 8h | 1,769.5 | +0.045% | $47.0M | $164.8M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,768.4 | −0.019% | $3.9M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0031% | 8h | 1,769.3 | +0.032% | $6.1M | $22.1M | 20x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,767.9 | −0.048% | $1.4M | $10.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,771 | +0.128% | $21.6M | $33.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,770.2 | +0.083% | $281.0M | $1.85B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,770.6 | +0.106% | $31.9M | $103.3M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,770.6 | +0.107% | $82.1M | $835.2M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,769.3 | +0.034% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,769.8 | +0.064% | $176.6M | $231.7M | 75x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,767.4 | −0.075% | $2.5M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,761.7 | −0.395% | $16K | $1.8M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,761.7 | −0.396% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USDlong | 0.0000% | 1h | 1,768.7 | long leg | $14K | $288K | 10x | |
| SunX SNDK-USDT | 0.0000% | 8h | 1,769.2 | +0.028% | $879 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,769.1 | +0.024% | $51K | $349K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,769 | +0.016% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,769 | +0.015% | $2.8M | $1.1M | 50x | as long as short |
| Nado SNDK-PERP | +0.0008% | 1h | 1,768.5 | −0.009% | $329K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0011% | 1h | 1,766.2 | −0.139% | — | $581K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,764.3 | −0.249% | $656 | $37K | 5x | as long as short |
| Pacifica SNDK | +0.0024% | 1h | 1,768 | −0.040% | $197K | $303K | 10x | as long as short |
| Lighter RH SNDKshort | +0.0032% | 1h | 1,769.6 | +0.051% | $1.3M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,769.2 | +0.027% | $439K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.767% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,764.2 | −0.256% | $262K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,768.5 | −0.011% | $243K | $666K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,769.3 | +0.034% | $119.1M | $157.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,765.9 | −0.158% | $4.7M | $19.9M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,767.5 | −0.068% | $185K | $131K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,767.6 | −0.062% | $723K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,768.3 | −0.023% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,767.8 | −0.051% | $1.4M | $5.1M | 5x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0072% | 1h | 1,770.1 | +0.081% | $437K | $2.3M | 10x | as long as short |
| Lighter SNDK | +0.0080% | 1h | 1,770.4 | +0.094% | $1.8M | $16.4M | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,768.6 | −0.005% | $1K | — | 10x | as long as short |
| edgeX SNDKUSDC | +0.0095% | 4h | 1,764.1 | −0.261% | $560K | $351K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,764.5 | −0.235% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,768.4 | −0.015% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0121% | 1h | 1,769.4 | +0.040% | $127K | $347K | 20x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Nado SNDK-PERP
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Pacifica SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Coinbase International SNDK-PERP-INTX
Lighter SNDK
Aevo SNDK-PERP
edgeX SNDKUSDC
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD