SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.018%

Price spread now: ApeX Omni against Lighter−0.027%48s7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$290.294% of the position

Long on Lighter Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.027%, 7d avg +0.015%

Together, before fees−0.039%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.042% cheaper against Lighter than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.015%). If the spread goes back, that is −$4 on $10k: about 2.1 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.058% in total) that is about 5.1 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SNDK	1,762.6	0.0032	pay 0.0004% / 1h	32m 22s	$1.8M	$16.3M	20x
Short	ApeX Omni SNDKUSDT	1,762.1	0.0100	get 0.0013% / 1h	32m 22s	$68K	$270K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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

Position, each leg$Hold fordaysFee LighterbpFee ApeX OmnibpOrdersPrice spread, now −0.027%Rate

Funding earned: $14.28
Price spread: −0.027% → +0.015%: −$4.2
Slippage, 4 orders: −$19.41
Fee Lighter: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$19.33
Costs to cover: 0.294%
Break-even: 16.5 days

Slippage from Lighter: live order book, 6 min ago; ApeX Omni: 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 Lighter live order book, 6 min ago	0.51 bp	0.7 bp −$1	1.3 bp −$13	23.0 bp −$2,301	doesn't fit
Sell ApeX Omni live order book, 5 min ago	8.20 bp	14.1 bp −$14	40.8 bp −$408	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	−0.0270%	8h	1,761.4	−0.068%	$48.4M	$166.0M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,761.1	−0.083%	$3.9M	$4.6M	75x	as long as short
Nado SNDK-PERP	−0.0015%	1h	1,761.5	−0.063%	$330K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0015%	8h	1,761.2	−0.079%	$6.0M	$22.3M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0011%	1h	1,762.2	−0.024%	$51K	$353K	10x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,761	−0.089%	$1.4M	$10.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.3	−0.016%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,760.6	−0.112%	$279.7M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,761.3	−0.075%	$31.7M	$103.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,760.9	−0.095%	$82.3M	$833.5M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,762.2	−0.019%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,761.2	−0.080%	$177.7M	$228.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,761.1	−0.086%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,762.3	−0.015%	$16K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,762.4	−0.010%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,760.6	−0.112%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,761.4	−0.068%	$828	$3.4M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.2	−0.078%	$1.4M	$10.5M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,761.2	−0.076%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,761.9	−0.041%	$673	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0017%	1h	1,759.3	−0.185%	—	$579K	10x	as long as short
Lighter SNDKlong	+0.0032%	1h	1,762.6	long leg	$1.8M	$16.3M	20x
Lighter RH SNDK	+0.0032%	1h	1,761.5	−0.062%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,760.8	−0.099%	$493K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.121%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,760.6	−0.113%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.1	−0.084%	$243K	$652K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,761	−0.090%	$119.6M	$159.7M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,761.7	−0.050%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,759.8	−0.158%	$185K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,761.4	−0.069%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,760.9	−0.096%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,760.9	−0.095%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,761.5	−0.061%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.1	−0.082%	$197K	$308K	10x	as long as short
ApeX Omni SNDKUSDTshort	+0.0100%	1h	1,762.1	−0.027%	$68K	$270K	50x
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,761.7	−0.050%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,762.4	−0.009%	$429K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,762.2	−0.019%	$127K	$339K	20x	as long as short
edgeX SNDKUSDC	+0.0798%	4h	1,761.8	−0.042%	$560K	$351K	10x	as long as short