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−0.0032%/8h= −3.5% APRpaid last 24h −0.011%
Price spread now: SunX against Lighter−0.110%7-day average −0.049% · 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−0.181%−$18 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.110%, 7d avg −0.049%
Together, before fees−0.165%+ Points / potential airdropLighter: Season 3 · farm board−$17 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 SunX is 0.061% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.049%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SNDK1,791.30.0032pay 0.0004% / 1h10m 16s$1.7M$15.8M20x
ShortSunX SNDK-USDT1,789.30get 0.0000% / 8h4h 10m$832$3.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$6.72
Price spread: −0.110% → −0.049%
−$6.06
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$20.78
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 3 min ago; SunX: live order book, 8 min ago. 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, 3 min ago0.50 bp0.5 bp −$10.8 bp −$87.7 bp −$765doesn't fit
Sell SunX live order book, 8 min ago263.37 bp267.4 bp −$267doesn't fitdoesn't fitdoesn't fit

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%8h1,790.8−0.027%$4.0M$4.4M75xas long as short
Phoenix SNDK−0.0089%1h1,789.9−0.076%$279K$193K15xas long as short
Nado SNDK-PERP−0.0071%1h1,790.7−0.030%$349K$1.5M10xas long as short
Entropy io:SNDK−0.0051%1h1,790.1−0.065%$4.9M$20.0M10xas long as short
QFEX SNDK-USD−0.0033%1h1,790.3−0.055%$1.4M$13.1M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0032%1h1,791.2−0.006%$437K$2.3M10xas long as short
KuCoin SNDKUSDTM−0.0018%8h1,789.7−0.087%$6.1M$22.3M20xas long as short
Aster SNDKUSD10.0000%8h1,790.8−0.026%$21.8M$35.9M20xas long as short
Binance SNDKUSDT0.0000%8h1,790.5−0.041%$285.8M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,791−0.013%$32.7M$100.5M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,790.5−0.042%$84.1M$826.9M75xas long as short
RISEx SNDK/USDC0.0000%1h1,791.4+0.006%$171K$1.7M20xas long as short
Gate SNDK_USDT0.0000%8h1,790.4−0.046%$180.3M$231.1M75xas long as short
Bitget SNDKUSDT0.0000%8h1,790.4−0.049%$44.0M$161.7M75xas long as short
Variational Omni SNDK0.0000%8h1,790.2−0.060%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,789.6−0.092%$13K$1.4M10xas long as short
Bullet SNDK-USD0.0000%1h1,790.4−0.048%$14K$289K10xas long as short
SunX SNDK-USDTshort0.0000%8h1,789.3−0.110%$832$3.6M20x
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,790.7−0.033%$51K$345K10xas long as short
HTX SNDK-USDT0.0000%8h1,789.8−0.080%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790.4−0.049%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0004%1h1,790.5−0.040%$697$38K5xas long as short
Lighter SNDKlong+0.0032%1h1,791.3long leg$1.7M$15.8M20x
Lighter RH SNDK+0.0032%1h1,791.2−0.004%$1.4M$9.5M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,790.5−0.044%$453K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.486%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,788.9−0.132%$278K$1.4M10xas long as short
Kraken Futures PF_SNDKUSD+0.0044%1h1,791−0.017%$130K$352K20xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.3−0.056%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,790.5−0.042%$247K$648K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,790.4−0.049%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,790.8−0.026%$118.0M$148.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,790−0.070%$188K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,790.4−0.049%$732K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,790.1−0.065%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,790.1−0.065%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,790.7−0.031%$199K$287K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,789.7−0.090%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,790.2−0.060%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0346%4h1,789.1−0.123%$568K$353K10xas long as short