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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SNDK | 1,790.7 | 0.0032 | pay 0.0004% / 1h | 21m 37s | $1.4M | $9.6M | 10x |
| Short | Bybit SNDKUSDT | 1,791.1 | 0 | get 0.0000% / 8h | 7h 21m | $32.1M | $100.2M | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 2 min ago | 1.23 bp | 1.7 bp −$2 | 2.8 bp −$28 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.75 bp | 8.0 bp −$8 | 10.0 bp −$100 | 30.4 bp −$3,040 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,790.7 | 0.000% | $4.1M | $4.5M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,790.2 | −0.028% | $21.8M | $43.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,790.6 | −0.003% | $286.3M | $1.84B | 75x | as long as short |
| Bybit SNDKUSDTshort | 0.0000% | 8h | 1,791.1 | +0.025% | $32.1M | $100.2M | 100x | |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,790.9 | +0.014% | $87.0M | $834.9M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,790.3 | −0.019% | $182.2M | $235.3M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,790.7 | +0.003% | $48.0M | $168.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,792.4 | +0.095% | $2.6M | $4.6M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,791.5 | +0.046% | $22K | $1.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,792.2 | +0.087% | $279K | $195K | 15x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet SNDK-USD | 0.0000% | 1h | 1,790.9 | +0.013% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,789.5 | −0.065% | $846 | $3.8M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,790.6 | −0.003% | $50K | $314K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,790.2 | −0.026% | $1.5M | $10.9M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,790.5 | −0.009% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | +0.0001% | 1h | 1,790.3 | −0.022% | $2.0M | $19.6M | 10x | as long as short |
| RISEx SNDK/USDC | +0.0004% | 1h | 1,791.6 | +0.051% | $171K | $1.8M | 20x | as long as short |
| Aftermath Perps SNDKUSD | +0.0008% | 1h | 1,790.4 | −0.015% | $684 | $37K | 5x | as long as short |
| Nado SNDK-PERP | +0.0008% | 1h | 1,790.7 | +0.005% | $347K | $1.4M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,791.3 | +0.038% | $1.7M | $16.3M | 20x | as long as short |
| Lighter RH SNDKlong | +0.0032% | 1h | 1,790.7 | long leg | $1.4M | $9.6M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,790.8 | +0.011% | $444K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.520% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,789.6 | −0.057% | $305K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,790 | −0.037% | — | $585K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,791 | +0.020% | $246K | $648K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,790.2 | −0.023% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,790.3 | −0.020% | $115.0M | $147.3M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,789.5 | −0.064% | $4.8M | $20.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,790.1 | −0.031% | $187K | $135K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,789.9 | −0.042% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,790.1 | −0.029% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,790.1 | −0.031% | $199K | $291K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,789.4 | −0.070% | $6.1M | $22.0M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,791 | +0.020% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,789.5 | −0.066% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0128% | 1h | 1,790 | −0.036% | $441K | $2.3M | 10x | as long as short |
| SoDEX SNDK-USD | +0.0182% | 1h | 1,790.4 | −0.017% | $732K | $515K | 10x | as long as short |
| edgeX SNDKUSDC | +0.0243% | 4h | 1,789.4 | −0.069% | $568K | $354K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0659% | 1h | 1,791.1 | +0.024% | $130K | $379K | 20x | as long as short |
Lighter RH SNDK
Bybit SNDKUSDT
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
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
RISEx SNDK/USDC
Aftermath Perps SNDKUSD
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
SoDEX SNDK-USD
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD