Funding you earn now, next payment 03:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.09 per $10,000 · paid last 24h −0.012%
Price spread now: Nado against Lighter RH0.000%48s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$150.150% of the position
Funding, last 3 days (all we have)−0.067%−$7 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now 0.000%, 7d avg +0.042%
=Together, before fees−0.014%+ Points / potential airdropLighter RH: Points live · Nado: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.041% cheaper against Lighter RH than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.042%). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SNDK | 1,787.3 | 0.0032 | pay 0.0004% / 1h | 23m 46s | $1.4M | $9.5M | 10x |
| Short | Nado SNDK-PERP | 1,787.3 | −0.0039 | pay 0.0005% / 1h | 23m 46s | $359K | $1.4M | 10x |
Lighter RH SNDK
Nado SNDK-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$14.95
- Price spread: 0.000% → +0.042%
- −$4.15
- Slippage, 4 orders
- −$8.01
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$34.1
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 5 min ago; Nado: 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 | 1.12 bp | 1.2 bp −$1 | 2.4 bp −$24 | doesn't fit | doesn't fit |
| Sell Nado live order book, 5 min ago | 0.28 bp | 5.8 bp −$6 | 19.0 bp −$190 | doesn't fit | 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 | 1,786.1 | −0.065% | $4.1M | $4.4M | 75x | as long as short |
| Phoenix SNDK | −0.0090% | 1h | 1,785.7 | −0.088% | $278K | $193K | 15x | as long as short |
| Entropy io:SNDK | −0.0050% | 1h | 1,786.5 | −0.043% | $4.9M | $20.1M | 10x | as long as short |
| Nado SNDK-PERPshort | −0.0039% | 1h | 1,787.3 | 0.000% | $359K | $1.4M | 10x | |
| QFEX SNDK-USD | −0.0023% | 1h | 1,786.2 | −0.059% | $1.5M | $14.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,786.5 | −0.041% | $21.8M | $36.7M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,786.8 | −0.025% | $285.6M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,787.5 | +0.013% | $32.1M | $99.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,787.1 | −0.010% | $85.2M | $822.7M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,787.7 | +0.022% | $170K | $1.8M | 20x | as long as short |
BloFin SNDK-USDT
Phoenix SNDK
Entropy io:SNDK
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDCShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,786.8 | −0.026% | $180.2M | $230.9M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,786.8 | −0.026% | $43.8M | $161.5M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,785.9 | −0.076% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,785.7 | −0.086% | $17K | $1.2M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,786.7 | −0.032% | $13K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,785.9 | −0.077% | $839 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,787.1 | −0.008% | $51K | $338K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,786.8 | −0.027% | $1.4M | $10.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,786.9 | −0.020% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0003% | 1h | 1,787 | −0.016% | $665 | $37K | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0022% | 1h | 1,786.6 | −0.037% | $114.5M | $145.5M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0024% | 1h | 1,785.7 | −0.088% | $439K | $2.3M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,787.7 | +0.026% | $1.7M | $16.1M | 20x | as long as short |
| Lighter RH SNDKlong | +0.0032% | 1h | 1,787.3 | long leg | $1.4M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,786.7 | −0.031% | $450K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.710% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,785.3 | −0.109% | $312K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,786.1 | −0.067% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,787 | −0.015% | $246K | $645K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,786.7 | −0.033% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,786.6 | −0.037% | $187K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,786.7 | −0.035% | $730K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,786.1 | −0.065% | $1.4M | $5.1M | 5x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0058% | 1h | 1,787.4 | +0.008% | $130K | $352K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0061% | 4h | 1,785.2 | −0.114% | $567K | $351K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0072% | 8h | 1,785.8 | −0.082% | $6.1M | $21.8M | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,786.4 | −0.051% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0094% | 1h | 1,787 | −0.017% | $199K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,786.9 | −0.023% | $69K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,786.3 | −0.053% | $8K | $3K | 20x | as long as short |
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
tradeXYZ xyz:SNDK
Coinbase International SNDK-PERP-INTX
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
edgeX SNDKUSDC
KuCoin SNDKUSDTM
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos