Funding you earn now, next payment 04:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.08 per $10,000 · paid last 24h −0.014%
Price spread now: QFEX against Lighter RH−0.034%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$150.147% of the position
Funding, last 4 days (all we have)−0.034%−$3 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.034%, 7d avg −0.015%
=Together, before fees−0.009%+ Points / potential airdropLighter RH: Points live · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SNDK | 1,791 | 0.0032 | pay 0.0004% / 1h | 11m 11s | $1.4M | $9.5M | 10x |
| Short | QFEX SNDK-USD | 1,790.4 | −0.0033 | pay 0.0004% / 1h | 11m 11s | $1.4M | $13.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$13.56
- Price spread: −0.034% → −0.015%
- −$1.92
- Slippage, 4 orders
- −$4.68
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$30.15
- Costs to cover
- 0.147%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 3 min ago; QFEX: live order book, 8 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, 3 min ago | 0.59 bp | 0.7 bp −$1 | 2.1 bp −$21 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 0.25 bp | 5.3 bp −$5 | 5.4 bp −$54 | 10.9 bp −$1,086 | 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 | 1,790.8 | −0.010% | $4.0M | $4.4M | 75x | as long as short |
| Phoenix SNDK | −0.0089% | 1h | 1,789.9 | −0.059% | $279K | $193K | 15x | as long as short |
| Nado SNDK-PERP | −0.0073% | 1h | 1,790.8 | −0.007% | $349K | $1.5M | 10x | as long as short |
| Entropy io:SNDK | −0.0055% | 1h | 1,789.9 | −0.059% | $4.9M | $20.0M | 10x | as long as short |
| QFEX SNDK-USDshort | −0.0033% | 1h | 1,790.4 | −0.034% | $1.4M | $13.2M | 10x | |
| Coinbase International SNDK-PERP-INTX | −0.0032% | 1h | 1,791.2 | +0.011% | $437K | $2.3M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0017% | 8h | 1,789.7 | −0.073% | $6.1M | $22.3M | 20x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,790.6 | −0.018% | $21.8M | $35.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,790.8 | −0.008% | $285.8M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,791.2 | +0.011% | $32.7M | $100.5M | 100x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,790.7 | −0.015% | $84.1M | $827.0M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,791.4 | +0.024% | $171K | $1.7M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,790.8 | −0.011% | $180.4M | $231.1M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,790.5 | −0.025% | $44.0M | $161.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,790.2 | −0.043% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,789.6 | −0.075% | $13K | $1.4M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,790.5 | −0.026% | $14K | $289K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,789.2 | −0.097% | $734 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,790.6 | −0.020% | $51K | $345K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,790.1 | −0.050% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,790.6 | −0.022% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0004% | 1h | 1,790.6 | −0.022% | $666 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,791.6 | +0.035% | $1.7M | $15.8M | 20x | as long as short |
| Lighter RH SNDKlong | +0.0032% | 1h | 1,791 | long leg | $1.4M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,790.4 | −0.029% | $453K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.503% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,788.7 | −0.125% | $278K | $1.4M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0044% | 1h | 1,791.2 | +0.013% | $130K | $352K | 20x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,790.2 | −0.042% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,790.6 | −0.020% | $247K | $648K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,790.2 | −0.044% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,791.2 | +0.013% | $118.0M | $148.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,790.2 | −0.042% | $188K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,790.2 | −0.043% | $732K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,790.1 | −0.048% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,790.1 | −0.049% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,790.5 | −0.026% | $199K | $287K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,789.7 | −0.073% | $69K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,790 | −0.051% | $8K | $3K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0346% | 4h | 1,789.1 | −0.106% | $568K | $353K | 10x | as long as short |
Lighter RH SNDK
BloFin SNDK-USDT
Phoenix SNDK
Coinbase International SNDK-PERP-INTX
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
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
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Kraken Futures PF_SNDKUSD
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Pacifica SNDK
ApeX Omni SNDKUSDT
edgeX SNDKUSDC