Funding you earn now, next payment 02:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h −0.011%
Price spread now: KuCoin against Lighter−0.058%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$270.266% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now −0.058%, 7d avg −0.005%
=Together, before fees−0.024%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.053% cheaper against Lighter than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.005%). If the spread goes back, that is −$5 on $10k: about 2.6 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SNDK | 1,790 | 0.0032 | pay 0.0004% / 1h | 58m 54s | $1.7M | $16.0M | 20x |
| Short | KuCoin SNDKUSDTM | 1,788.9 | 0.0100 | get 0.0100% / 8h | 6h 58m | $6.1M | $21.8M | 20x |
Lighter SNDK
KuCoin SNDKUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14.28
- Price spread: −0.058% → −0.005%
- −$5.29
- Slippage, 4 orders
- −$14.6
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$17.61
- Costs to cover
- 0.266%
- Break-even
- 15.6 days
Slippage from Lighter: live order book, 5 min ago; KuCoin: 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, 5 min ago | 0.53 bp | 0.8 bp −$1 | 1.6 bp −$16 | 24.6 bp −$2,461 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.92 bp | 9.8 bp −$10 | 35.8 bp −$358 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:SNDK | −0.0263% | 1h | 1,789.5 | −0.025% | $4.8M | $20.4M | 10x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,788.9 | −0.061% | $4.1M | $4.5M | 75x | as long as short |
| tradeXYZ xyz:SNDK | −0.0052% | 1h | 1,788.6 | −0.075% | $114.9M | $146.5M | 10x | as long as short |
| Popdex SNDKUSDT | −0.0032% | 1h | 1,789.2 | −0.042% | $246K | $644K | 20x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,788.8 | −0.065% | $1.9M | $18.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,789.7 | −0.011% | $21.8M | $42.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,788.8 | −0.063% | $287.1M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,789.2 | −0.044% | $32.1M | $99.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,788.8 | −0.064% | $86.7M | $832.0M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,788.6 | −0.077% | $182.1M | $230.1M | 75x | as long as short |
Entropy io:SNDK
BloFin SNDK-USDT
tradeXYZ xyz:SNDK
Popdex SNDKUSDT
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | 0.0000% | 8h | 1,788.7 | −0.070% | $47.8M | $164.0M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,789.2 | −0.041% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,788.9 | −0.061% | $21K | $1.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,789.8 | −0.008% | $279K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,789.2 | −0.042% | $13K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,787.6 | −0.134% | $593 | $3.7M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,789.2 | −0.045% | $51K | $328K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,789.2 | −0.044% | $1.5M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,788.5 | −0.081% | $2.8M | $1.1M | 50x | as long as short |
| Nado SNDK-PERP | +0.0005% | 1h | 1,790.2 | +0.012% | $348K | $1.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0006% | 1h | 1,790.3 | +0.018% | $746 | $37K | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0010% | 1h | 1,788.5 | −0.081% | $1.4M | $5.1M | 5x | as long as short |
| Lighter SNDKlong | +0.0032% | 1h | 1,790 | long leg | $1.7M | $16.0M | 20x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,789.6 | −0.021% | $1.3M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,789.5 | −0.023% | $457K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.559% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,789 | −0.051% | $306K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,789.1 | −0.050% | — | $585K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,789.2 | −0.040% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,788.8 | −0.064% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,788.8 | −0.066% | $731K | $515K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,788.7 | −0.071% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,792.4 | +0.136% | $442K | $2.3M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,789.3 | −0.037% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTMshort | +0.0100% | 8h | 1,788.9 | −0.058% | $6.1M | $21.8M | 20x | |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,789.1 | −0.048% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,788.8 | −0.062% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0131% | 1h | 1,789.4 | −0.028% | $130K | $366K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0164% | 4h | 1,789.4 | −0.030% | $568K | $354K | 10x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,790.1 | +0.006% | $171K | $1.8M | 20x | as long as short |
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Nado SNDK-PERP
Aftermath Perps SNDKUSD
Ondo Perps SNDK-USD.P
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC
RISEx SNDK/USDC