SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0225%/8h= +24.7% APRnext payment +$0.28 per $10,000 · paid last 24h −0.003%

Price spread now: RISEx against Lighter RH+0.004%7-day average +0.011% · 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−$11as in the Price arb table

costs, in and out, $10k−$110.107% of the position

Long on Lighter RH Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.027%+$3 on $10k

Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.004%, 7d avg +0.011%

Together, before fees+0.042%+ Points / potential airdropLighter RH: Points live · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.027% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

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 24s	$1.4M	$9.5M	10x
Short	RISEx SNDK/USDC	1,786.8	0.0257	get 0.0032% / 1h	13m 24s	$170K	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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

Position, each leg$Hold fordaysFee Lighter RHbpFee RISExbpOrdersPrice spread, now +0.004%Rate

Funding earned: $47.34
Price spread: +0.004% → +0.011%: −$0.76
Slippage, 4 orders: −$4.73
Fee Lighter RH: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: $35.85
Costs to cover: 0.107%
Break-even: 1.7 days

Slippage from Lighter RH: live order book, 5 min ago; RISEx: live order book, just now.

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 RISEx live order book, just now	0.87 bp	3.9 bp −$4	6.0 bp −$60	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

Show 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 SNDKUSDTM	+0.0100%	8h	1,785.1	−0.092%	$6.1M	$21.6M	20x	as long as short
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/USDCshort	+0.0257%	1h	1,786.8	+0.004%	$170K	$1.8M	20x
edgeX SNDKUSDC	+0.0689%	4h	1,785.4	−0.076%	$567K	$354K	10x	as long as short