Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.012%
Price spread now: Lighter against Gate+0.032%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$220.216% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.032%, 7d avg −0.027%
=Together, before fees+0.087%+ Points / potential airdropLighter: Season 3 · farm board+$9 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 0.059% dearer against Gate than usual: you sell high and buy low: +$6 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 | Gate SNDK_USDT | 1,762.7 | 0 | get 0.0000% / 8h | 2m 35s | $179.2M | $229.7M | 75x |
| Short | Lighter SNDK | 1,763.3 | 0.0040 | get 0.0005% / 1h | 2m 35s | $1.8M | $16.4M | 20x |
Gate SNDK_USDT
Lighter SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $8.4
- Price spread: +0.032% → −0.027%
- $5.92
- Slippage, 4 orders
- −$6.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$7.25
- Costs to cover
- 0.216%
- Break-even
- 13.0 days
Slippage from Gate: live order book, 1 min ago; Lighter: live order book, 6 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 Gate live order book, 1 min ago | 1.42 bp | 9.9 bp −$10 | 18.6 bp −$186 | 41.2 bp −$4,120 | 65.0 bp −$32.5K |
| Sell Lighter live order book, 6 min ago | 0.45 bp | 0.7 bp −$1 | 1.4 bp −$14 | 21.3 bp −$2,132 | 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 | −0.0239% | 8h | 1,762.7 | +0.002% | $50.0M | $166.6M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,762.8 | +0.005% | $4.0M | $4.6M | 75x | as long as short |
| Nado SNDK-PERP | −0.0003% | 1h | 1,762.6 | −0.006% | $329K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0001% | 8h | 1,761.8 | −0.048% | $6.1M | $22.6M | 20x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,762.5 | −0.013% | $1.4M | $9.9M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,762.5 | −0.013% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,762.4 | −0.015% | $279.9M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,762.6 | −0.003% | $31.8M | $103.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,762.3 | −0.022% | $82.4M | $833.0M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,763.6 | +0.051% | $121K | $1.6M | 20x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
Nado SNDK-PERP
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDCShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDTlong | 0.0000% | 8h | 1,762.7 | long leg | $179.2M | $229.7M | 75x | |
| Variational Omni SNDK | 0.0000% | 8h | 1,761.1 | −0.093% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,761 | −0.093% | $20K | $2.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,761.6 | −0.062% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,762.6 | −0.005% | $13K | $289K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,762.8 | +0.007% | $723 | $3.4M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,762.4 | −0.019% | $51K | $357K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,761.9 | −0.043% | $1.4M | $10.5M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,762.5 | −0.010% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0014% | 1h | 1,760.5 | −0.125% | — | $579K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0017% | 1h | 1,762.5 | −0.008% | $673 | $38K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,762.7 | 0.000% | $1.2M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,761.7 | −0.057% | $493K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.114% | $36 | $9K | 12x | as long as short |
| Lighter SNDKshort | +0.0040% | 1h | 1,763.3 | +0.032% | $1.8M | $16.4M | 20x | |
| Arcus SNDK-USD | +0.0040% | 1h | 1,760.9 | −0.100% | $256K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,762.3 | −0.022% | $242K | $651K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,762.8 | +0.006% | $120.1M | $157.6M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,761.7 | −0.056% | $4.6M | $19.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,761.5 | −0.068% | $185K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,762.2 | −0.027% | $721K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,762.1 | −0.031% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,762.6 | −0.005% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,762.6 | −0.007% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,762.5 | −0.010% | $198K | $307K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,761.2 | −0.086% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,762.3 | −0.024% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,762 | −0.040% | $429K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0274% | 1h | 1,763.1 | +0.022% | $126K | $340K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0436% | 4h | 1,760.7 | −0.115% | $559K | $351K | 10x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter RH 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
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC