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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Bybit against Lighter RH+0.025%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.200% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 7 days−0.011%−$1 · spread now +0.025%, 7d avg +0.035%
Together, before fees+0.058%+ Points / potential airdropLighter RH: Points live · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SNDK1,790.70.0032pay 0.0004% / 1h21m 37s$1.4M$9.6M10x
ShortBybit SNDKUSDT1,791.10get 0.0000% / 8h7h 21m$32.1M$100.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Lighter RH. 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: +0.025% → +0.035%
−$0.94
Slippage, 4 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$27.67
Costs to cover
0.200%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 2 min ago; Bybit: live order book, 2 min ago.

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 RH live order book, 2 min ago1.23 bp1.7 bp −$22.8 bp −$28doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.75 bp8.0 bp −$810.0 bp −$10030.4 bp −$3,040doesn'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%8h1,790.70.000%$4.1M$4.5M75xas long as short
Aster SNDKUSD10.0000%8h1,790.2−0.028%$21.8M$43.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,790.6−0.003%$286.3M$1.84B75xas long as short
Bybit SNDKUSDTshort0.0000%8h1,791.1+0.025%$32.1M$100.2M100x
OKX SNDK-USDT-SWAP0.0000%8h1,790.9+0.014%$87.0M$834.9M75xas long as short
Gate SNDK_USDT0.0000%8h1,790.3−0.019%$182.2M$235.3M75xas long as short
Bitget SNDKUSDT0.0000%8h1,790.7+0.003%$48.0M$168.8M75xas long as short
Variational Omni SNDK0.0000%8h1,792.4+0.095%$2.6M$4.6Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,791.5+0.046%$22K$1.1M10xas long as short
Phoenix SNDK0.0000%1h1,792.2+0.087%$279K$195K15xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet SNDK-USD0.0000%1h1,790.9+0.013%$15K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,789.5−0.065%$846$3.8M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,790.6−0.003%$50K$314K10xas long as short
HTX SNDK-USDT0.0000%8h1,790.2−0.026%$1.5M$10.9M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790.5−0.009%$2.8M$1.1M50xas long as short
QFEX SNDK-USD+0.0001%1h1,790.3−0.022%$2.0M$19.6M10xas long as short
RISEx SNDK/USDC+0.0004%1h1,791.6+0.051%$171K$1.8M20xas long as short
Aftermath Perps SNDKUSD+0.0008%1h1,790.4−0.015%$684$37K5xas long as short
Nado SNDK-PERP+0.0008%1h1,790.7+0.005%$347K$1.4M10xas long as short
Lighter SNDK+0.0032%1h1,791.3+0.038%$1.7M$16.3M20xas long as short
Lighter RH SNDKlong+0.0032%1h1,790.7long leg$1.4M$9.6M10x
Extended SNDK_24_5-USD+0.0032%1h1,790.8+0.011%$444K$1.6M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.520%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,789.6−0.057%$305K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790−0.037%$585K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,791+0.020%$246K$648K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,790.2−0.023%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,790.3−0.020%$115.0M$147.3M10xas long as short
Entropy io:SNDK+0.0050%1h1,789.5−0.064%$4.8M$20.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,790.1−0.031%$187K$135K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,789.9−0.042%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,790.1−0.029%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,790.1−0.031%$199K$291K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,789.4−0.070%$6.1M$22.0M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,791+0.020%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,789.5−0.066%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0128%1h1,790−0.036%$441K$2.3M10xas long as short
SoDEX SNDK-USD+0.0182%1h1,790.4−0.017%$732K$515K10xas long as short
edgeX SNDKUSDC+0.0243%4h1,789.4−0.069%$568K$354K10xas long as short
Kraken Futures PF_SNDKUSD+0.0659%1h1,791.1+0.024%$130K$379K20xas long as short