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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Polymarket Perps against Lighter RH−0.057%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$160.161% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days−0.035%−$3 · spread now −0.057%, 7d avg −0.058%
Together, before fees−0.069%+ Points / potential airdropLighter RH: Points live · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SNDK1,786.50.0032pay 0.0004% / 1h49m 00s$1.4M$9.4M10x
ShortPolymarket Perps SNDK-USD1,785.50.0050get 0.0006% / 1h49m 00s$187K$134K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$3.78
Price spread: −0.057% → −0.058%
$0.11
Slippage, 4 orders
−$8.11
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$12.22
Costs to cover
0.161%
Break-even
29.6 days
Slippage from Lighter RH: live order book, 5 min ago; Polymarket Perps: live order book, 13 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, 5 min ago0.03 bp2.0 bp −$23.3 bp −$33doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 13 min ago1.96 bp8.1 bp −$88.4 bp −$8410.3 bp −$1,030doesn't fit

SNDK on 39 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
Deribit SNDK_USDC-PERPETUAL−0.0097%1h1,785.8−0.038%$51K$333K10xas long as short
Phoenix SNDK−0.0090%1h1,786.5−0.001%$278K$193K15xas long as short
Entropy io:SNDK−0.0044%1h1,786−0.029%$4.9M$20.3M10xas long as short
Nado SNDK-PERP−0.0037%1h1,787+0.025%$359K$1.4M10xas long as short
QFEX SNDK-USD−0.0023%1h1,785.8−0.039%$1.6M$15.1M10xas long as short
Aster SNDKUSD10.0000%8h1,785.8−0.039%$21.8M$37.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,785.2−0.074%$285.7M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,786−0.030%$32.1M$99.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,785.1−0.079%$85.4M$821.5M75xas long as short
RISEx SNDK/USDC0.0000%1h1,786.8+0.013%$170K$1.8M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,785.6−0.051%$180.1M$230.5M75xas long as short
Bitget SNDKUSDT0.0000%8h1,785.6−0.052%$43.8M$163.4M75xas long as short
Variational Omni SNDK0.0000%8h1,785.5−0.058%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,785.8−0.040%$21K$1.2M10xas long as short
Bullet SNDK-USD0.0000%1h1,786−0.029%$15K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,785.1−0.079%$859$3.6M20xas long as short
HTX SNDK-USDT0.0000%8h1,785.3−0.066%$1.4M$10.8M50xas long as short
Phemex SNDKUSDT0.0000%8h1,785.6−0.050%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0004%1h1,786.3−0.011%$665$37K5xas long as short
tradeXYZ xyz:SNDK+0.0018%1h1,785.8−0.040%$114.4M$145.6M10xas long as short
Coinbase International SNDK-PERP-INTX+0.0024%1h1,786−0.032%$439K$2.3M10xas long as short
Lighter SNDK+0.0032%1h1,787+0.024%$1.7M$16.0M20xas long as short
Lighter RH SNDKlong+0.0032%1h1,786.5long leg$1.4M$9.4M10x
Extended SNDK_24_5-USD+0.0032%1h1,786.5−0.001%$477K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.752%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,784.7−0.102%$311K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,785.9−0.035%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,786−0.029%$246K$645K20xas long as short
Paradex SNDK-USD-PERP+0.0048%8h1,785.9−0.034%5xas long as short
Polymarket Perps SNDK-USDshort+0.0050%1h1,785.5−0.057%$187K$134K10x
SoDEX SNDK-USD+0.0050%1h1,785.7−0.045%$730K$515K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,785.9−0.035%$1.4M$5.1M5xas long as short
Kraken Futures PF_SNDKUSD+0.0058%1h1,786.3−0.010%$130K$352K20xas long as short
Aevo SNDK-PERP+0.0080%1h1,785.5−0.059%$1K10xas long as short
Pacifica SNDK+0.0094%1h1,786.2−0.016%$199K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,785.3−0.068%$6.1M$21.7M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,786.2−0.019%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,785.2−0.076%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0374%4h1,785.6−0.049%$567K$352K10xas long as short