Funding you earn now, next payment 02:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h −0.010%
Price spread now: KuCoin against Lighter RH−0.092%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$270.272% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.092%, 7d avg −0.003%
=Together, before fees+0.180%+ Points / potential airdropLighter RH: Points live · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.090% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.003%). If the spread goes back, that is −$9 on $10k: about 4.4 days of funding at the current rate (+$2 a day).
| 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 | 13m 20s | $1.4M | $9.5M | 10x |
| Short | KuCoin SNDKUSDTM | 1,785.1 | 0.0100 | get 0.0100% / 8h | 6h 13m | $6.1M | $21.6M | 20x |
Lighter RH SNDK
KuCoin SNDKUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14.28
- Price spread: −0.092% → −0.003%
- −$8.96
- Slippage, 4 orders
- −$15.17
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$21.85
- Costs to cover
- 0.272%
- Break-even
- 17.7 days
Slippage from Lighter RH: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago | 1.43 bp | 1.5 bp −$1 | 3.3 bp −$33 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.42 bp | 12.7 bp −$13 | 68.6 bp −$686 | doesn't fit | 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 | −0.0186% | 1h | 1,786.7 | −0.004% | $51K | $331K | 10x | as long as short |
| Phoenix SNDK | −0.0045% | 1h | 1,786.2 | −0.032% | $278K | $193K | 15x | as long as short |
| Entropy io:SNDK | −0.0032% | 1h | 1,786.2 | −0.032% | $4.9M | $20.5M | 10x | as long as short |
| Nado SNDK-PERP | −0.0032% | 1h | 1,787.7 | +0.055% | $360K | $1.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,785.5 | −0.070% | $1.7M | $16.3M | 10x | as long as short |
| tradeXYZ xyz:SNDK | −0.0015% | 1h | 1,785.1 | −0.093% | $114.4M | $146.2M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,786.5 | −0.013% | $21.8M | $36.8M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,785.3 | −0.085% | $285.8M | $1.82B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,785.5 | −0.069% | $32.0M | $99.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,785.2 | −0.088% | $85.4M | $828.1M | 75x | as long as short |
Deribit SNDK_USDC-PERPETUAL
Phoenix SNDK
Entropy io:SNDK
Nado SNDK-PERP
QFEX SNDK-USD
tradeXYZ xyz:SNDK
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,785.2 | −0.088% | $181.0M | $232.5M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,785.2 | −0.086% | $43.9M | $164.6M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,785.4 | −0.079% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,785.8 | −0.056% | $10K | $1.2M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,785 | −0.101% | $13K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,786 | −0.041% | $723 | $3.7M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,786.5 | −0.017% | $1.4M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,786.6 | −0.010% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0002% | 1h | 1,786.3 | −0.026% | $665 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,786.9 | +0.008% | $1.7M | $16.2M | 20x | as long as short |
| Lighter RH SNDKlong | +0.0032% | 1h | 1,786.8 | long leg | $1.4M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,786.7 | −0.006% | $477K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.738% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,784.7 | −0.116% | $311K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,785.5 | −0.069% | — | $584K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0047% | 8h | 1,785.7 | −0.058% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,785.3 | −0.082% | $246K | $644K | 20x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,784.7 | −0.116% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,784.9 | −0.107% | $730K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,786.7 | −0.004% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,784.7 | −0.116% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,784.9 | −0.104% | $436K | $2.3M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,786.3 | −0.027% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTMshort | +0.0100% | 8h | 1,785.1 | −0.092% | $6.1M | $21.6M | 20x | |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,786 | −0.045% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,784.7 | −0.119% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0131% | 1h | 1,787.4 | +0.033% | $130K | $357K | 20x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,786.8 | +0.004% | $170K | $1.8M | 20x | as long as short |
| edgeX SNDKUSDC | +0.0689% | 4h | 1,785.4 | −0.076% | $567K | $354K | 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
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
RISEx SNDK/USDC
edgeX SNDKUSDC