Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Ondo Perps against Lighter−0.059%7-day average +0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.104%−$10 on $10k
Price spread, last 7 days−0.015%−$2 · spread now −0.059%, 7d avg +0.010%
Together, before fees−0.120%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.069% cheaper against Lighter than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of +0.010%). If the spread goes back, that is −$7 on $10k: about 13 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.104%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SNDK1,791.70.0032pay 0.0004% / 1h7m 13s$1.7M$15.8M20x
ShortOndo Perps SNDK-USD.P1,790.60.0050get 0.0006% / 1h7m 13s$1.4M$5.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
$3.86
Price spread: −0.059% → +0.010%
−$6.91
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$8.05
Costs to cover
0.050%
Break-even
21.6 days
Slippage unknown: Lighter: live order book, 6 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 6 min ago0.50 bp0.5 bp −$10.8 bp −$87.7 bp −$765doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SNDK-USDT−0.0120%8h1,790.7−0.051%$4.0M$4.4M75xas long as short
Phoenix SNDK−0.0089%1h1,790.6−0.059%$279K$193K15xas long as short
Nado SNDK-PERP−0.0066%1h1,791.1−0.030%$349K$1.5M10xas long as short
Entropy io:SNDK−0.0042%1h1,790.3−0.075%$4.9M$19.8M10xas long as short
QFEX SNDK-USD−0.0033%1h1,790.3−0.078%$1.4M$13.1M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0032%1h1,791.2−0.024%$437K$2.3M10xas long as short
KuCoin SNDKUSDTM−0.0019%8h1,790−0.093%$6.1M$22.3M20xas long as short
Aster SNDKUSD10.0000%8h1,791.1−0.033%$21.8M$35.7M20xas long as short
Binance SNDKUSDT0.0000%8h1,790.9−0.045%$285.8M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,791.3−0.022%$32.8M$100.5M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,791−0.036%$83.9M$827.4M75xas long as short
RISEx SNDK/USDC0.0000%1h1,791.7+0.005%$171K$1.7M20xas long as short
Gate SNDK_USDT0.0000%8h1,790.6−0.060%$180.3M$231.1M75xas long as short
Bitget SNDKUSDT0.0000%8h1,790.8−0.049%$44.0M$161.7M75xas long as short
Variational Omni SNDK0.0000%8h1,790.2−0.082%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,790.6−0.059%$14K$1.4M10xas long as short
Bullet SNDK-USD0.0000%1h1,790.7−0.056%$13K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,789.6−0.113%$1K$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,790.8−0.047%$51K$345K10xas long as short
HTX SNDK-USDT0.0000%8h1,790.4−0.073%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790.9−0.041%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0004%1h1,790.6−0.061%$697$38K5xas long as short
Lighter SNDKlong+0.0032%1h1,791.7long leg$1.7M$15.8M20x
Lighter RH SNDK+0.0032%1h1,791.3−0.020%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,790.6−0.061%$451K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.464%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,789.2−0.138%$278K$1.4M10xas long as short
Kraken Futures PF_SNDKUSD+0.0044%1h1,791.3−0.019%$130K$352K20xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.3−0.076%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,790.7−0.053%$247K$648K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,790.4−0.068%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,791−0.036%$118.7M$149.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,790.2−0.081%$188K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,790.7−0.055%$732K$514K10xas long as short
Ondo Perps SNDK-USD.Pshort+0.0050%1h1,790.6−0.059%$1.4M$5.1M5x
Aevo SNDK-PERP+0.0080%1h1,790.2−0.081%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,790.7−0.053%$199K$287K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,791.4−0.016%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,790−0.090%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0687%4h1,790.1−0.085%$569K$351K10xas long as short