Funding you earn now, next payment 02:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Coinbase International against Lighter RH−0.047%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$200.201% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 3 days (all we have)+0.020%+$2 · spread now −0.047%, 7d avg 0.000%
=Together, before fees+0.124%+ Points / potential airdropLighter RH: Points live · farm board+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.047% cheaper against Lighter RH than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SNDK | 1,786.8 | 0.0032 | pay 0.0004% / 1h | 49m 21s | $1.4M | $9.4M | 10x |
| Short | Coinbase International SNDK-PERP-INTX | 1,786 | 0.0024 | get 0.0003% / 1h | 49m 21s | $439K | $2.3M | 10x |
Lighter RH SNDK
Coinbase International SNDK-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$1.68
- Price spread: −0.047% → 0.000%
- −$4.68
- Slippage, 4 orders
- −$10.12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$26.47
- Costs to cover
- 0.201%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; Coinbase International: live order book, 4 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, 4 min ago | 0.03 bp | 2.0 bp −$2 | 3.3 bp −$33 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 2.52 bp | 8.4 bp −$8 | 11.8 bp −$118 | 31.8 bp −$3,183 | doesn't fit |
SNDK on 39 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit SNDK_USDC-PERPETUAL | −0.0114% | 1h | 1,785.8 | −0.054% | $51K | $333K | 10x | as long as short |
| Phoenix SNDK | −0.0090% | 1h | 1,786.5 | −0.016% | $278K | $193K | 15x | as long as short |
| Entropy io:SNDK | −0.0044% | 1h | 1,786 | −0.044% | $4.9M | $20.3M | 10x | as long as short |
| Nado SNDK-PERP | −0.0037% | 1h | 1,787 | +0.010% | $359K | $1.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0023% | 1h | 1,785.8 | −0.054% | $1.6M | $15.1M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,786.1 | −0.039% | $21.8M | $37.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,785.9 | −0.048% | $285.8M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,786.4 | −0.024% | $32.1M | $99.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,785.9 | −0.050% | $85.5M | $821.8M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,786.8 | −0.002% | $170K | $1.8M | 20x | as long as short |
Deribit SNDK_USDC-PERPETUAL
Phoenix SNDK
Entropy io:SNDK
Nado SNDK-PERP
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDCShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,785.9 | −0.048% | $180.2M | $230.5M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,785.7 | −0.061% | $43.8M | $163.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,785.5 | −0.073% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,785.8 | −0.056% | $21K | $1.2M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,786 | −0.044% | $15K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,784.9 | −0.107% | $859 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,785.1 | −0.095% | $1.4M | $10.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,785.6 | −0.069% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0004% | 1h | 1,786.3 | −0.026% | $665 | $37K | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0023% | 1h | 1,785.9 | −0.050% | $114.4M | $145.6M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTXshort | +0.0024% | 1h | 1,786 | −0.047% | $439K | $2.3M | 10x | |
| Lighter SNDK | +0.0032% | 1h | 1,787.1 | +0.018% | $1.7M | $16.0M | 20x | as long as short |
| Lighter RH SNDKlong | +0.0032% | 1h | 1,786.8 | long leg | $1.4M | $9.4M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,786.8 | 0.000% | $477K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.737% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,784.7 | −0.117% | $311K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,785.9 | −0.050% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,786 | −0.044% | $246K | $645K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0048% | 8h | 1,785.9 | −0.050% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,785.5 | −0.072% | $187K | $134K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,785.6 | −0.067% | $730K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,785.9 | −0.050% | $1.4M | $5.1M | 5x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0058% | 1h | 1,786.2 | −0.030% | $130K | $352K | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,785.3 | −0.086% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0094% | 1h | 1,786.2 | −0.031% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,785.5 | −0.072% | $6.1M | $21.7M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,786.2 | −0.034% | $69K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,785.2 | −0.091% | $8K | $3K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0374% | 4h | 1,785.6 | −0.064% | $567K | $352K | 10x | as long as short |
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
tradeXYZ xyz:SNDK
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Kraken Futures PF_SNDKUSD
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC