Funding you earn now, next payment 10:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.002%
Price spread now: Extended against Lighter−0.117%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$150.149% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 7 days+0.075%+$7 · spread now −0.117%, 7d avg −0.009%
=Together, before fees+0.036%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.108% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SNDK | 1,772.4 | 0.0056 | pay 0.0007% / 1h | 10m 25s | $1.8M | $16.8M | 20x |
| Short | Extended SNDK_24_5-USD | 1,770.3 | 0.0032 | get 0.0004% / 1h | 10m 25s | $396K | $2.3M | 10x |
Lighter SNDK
Extended SNDK_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Lighter. 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
- −$5.04
- Price spread: −0.117% → −0.009%
- −$10.78
- Slippage, 4 orders
- −$9.87
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$30.69
- Costs to cover
- 0.149%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; Extended: live order book, 1 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 | 0.76 bp | 0.9 bp −$1 | 3.2 bp −$32 | 38.0 bp −$3,799 | doesn't fit |
| Sell Extended live order book, 1 min ago | 2.97 bp | 6.8 bp −$7 | 16.5 bp −$165 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,771.6 | −0.043% | $4.0M | $4.7M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0111% | 1h | 1,770.3 | −0.119% | $36K | $392K | 10x | as long as short |
| Nado SNDK-PERP | −0.0011% | 1h | 1,771.3 | −0.061% | $335K | $1.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,771.8 | −0.032% | $21.6M | $32.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,771.1 | −0.074% | $282.7M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,771.3 | −0.065% | $31.4M | $106.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,771.1 | −0.073% | $82.5M | $833.5M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,772.4 | 0.000% | $137K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,771.2 | −0.067% | $182.0M | $219.6M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,771.1 | −0.072% | $49.8M | $168.5M | 75x | as long as short |
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Nado SNDK-PERP
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
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 | 1,771.4 | −0.058% | $2.7M | $4.7M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,768.6 | −0.214% | $275K | $189K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,771.4 | −0.056% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,770.2 | −0.125% | $745 | $3.1M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,771 | −0.078% | $1.4M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,771.5 | −0.050% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | 0.0000% | 1h | 1,771 | −0.079% | $1.4M | $9.5M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0016% | 1h | 1,767.9 | −0.252% | $676 | $39K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,771.8 | −0.037% | $1.2M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USDshort | +0.0032% | 1h | 1,770.3 | −0.117% | $396K | $2.3M | 10x | |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.555% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,770.6 | −0.102% | $271K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,771.6 | −0.043% | — | $570K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,771.2 | −0.068% | $246K | $682K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,771.5 | −0.051% | $120.9M | $155.3M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,769.2 | −0.181% | $4.6M | $19.3M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,770.8 | −0.090% | $187K | $130K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,769.2 | −0.181% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0051% | 8h | 1,770.9 | −0.082% | — | — | 5x | as long as short |
| Lighter SNDKlong | +0.0056% | 1h | 1,772.4 | long leg | $1.8M | $16.8M | 20x | |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,770.6 | −0.101% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,771 | −0.081% | $198K | $306K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,770.4 | −0.116% | $6.1M | $22.9M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,770.2 | −0.122% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,771.1 | −0.071% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0136% | 1h | 1,771.3 | −0.061% | $442K | $2.1M | 10x | as long as short |
| GRVT SNDK_USDT_Perp | +0.0157% | 8h | 1,770.4 | −0.116% | $27K | $2.4M | 10x | as long as short |
| SoDEX SNDK-USD | +0.0215% | 1h | 1,771.3 | −0.063% | $727K | $523K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0550% | 1h | 1,770.3 | −0.116% | $160K | $382K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0789% | 4h | 1,767.1 | −0.299% | $561K | $340K | 10x | as long as short |
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
Aftermath Perps SNDKUSD
Lighter RH SNDK
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps 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
Coinbase International SNDK-PERP-INTX
GRVT SNDK_USDT_Perp
SoDEX SNDK-USD
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC