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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against OKX+0.043%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$140.141% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 7 days−0.072%−$7 · spread now +0.043%, 7d avg −0.020%
Together, before fees−0.126%+ Points / potential airdropLighter RH: Points live · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.062% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SNDK-USDT-SWAP1,7530get 0.0000% / 8h7h 19m$82.1M$826.5M75x
ShortLighter RH SNDK1,753.80.0032get 0.0004% / 1h19m 45s$1.2M$9.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against OKX. 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
$6.72
Price spread: +0.043% → −0.020%
$6.24
Slippage, 4 orders
−$4.15
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$1.18
Costs to cover
0.141%
Break-even
8.2 days
Slippage from OKX: live order book, 4 min ago; Lighter RH: live order book, 4 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 OKX live order book, 4 min ago0.29 bp5.3 bp −$56.4 bp −$6412.1 bp −$1,210doesn't fit
Sell Lighter RH live order book, 4 min ago1.03 bp1.1 bp −$12.5 bp −$25doesn't fitdoesn't fit

SNDK on 40 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
GRVT SNDK_USDT_Perp−0.0285%8h1,747.9−0.289%$19K$2.2M10xas long as short
Bitget SNDKUSDT−0.0212%8h1,753.1+0.006%$49.9M$168.2M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,752.3−0.040%$4.0M$4.6M75xas long as short
KuCoin SNDKUSDTM−0.0035%8h1,751.8−0.068%$6.0M$22.6M20xas long as short
Nado SNDK-PERP−0.0013%1h1,751.2−0.105%$333K$1.5M10xas long as short
QFEX SNDK-USD−0.0002%1h1,752.3−0.038%$1.4M$9.6M10xas long as short
Aster SNDKUSD10.0000%8h1,753.7+0.038%$21.4M$32.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,753.3+0.017%$279.1M$1.87B75xas long as short
Bybit SNDKUSDT0.0000%8h1,753.3+0.019%$32.0M$105.1M100xas long as short
OKX SNDK-USDT-SWAPlong0.0000%8h1,753long leg$82.1M$826.5M75x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDC0.0000%1h1,752.3−0.041%$136K$1.5M20xas long as short
Gate SNDK_USDT0.0000%8h1,753.2+0.010%$179.9M$220.5M75xas long as short
Variational Omni SNDK0.0000%8h1,752.6−0.024%$2.5M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,747.4−0.319%$272K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,752.5−0.029%$14K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,752.2−0.047%$792$3.3M20xas long as short
HTX SNDK-USDT0.0000%8h1,751.8−0.070%$1.4M$10.0M50xas long as short
Phemex SNDKUSDT0.0000%8h1,752.4−0.034%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0012%1h1,751.1−0.108%$581K10xas long as short
Aftermath Perps SNDKUSD+0.0013%1h1,748.2−0.275%$704$38K5xas long as short
Lighter SNDK+0.0032%1h1,754.3+0.074%$1.7M$16.6M20xas long as short
Lighter RH SNDKshort+0.0032%1h1,753.8+0.043%$1.2M$9.5M10x
Extended SNDK_24_5-USD+0.0032%1h1,751.9−0.065%$383K$2.2M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.679%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,751.1−0.107%$250K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,752.5−0.029%$245K$668K20xas long as short
Paradex SNDK-USD-PERP+0.0049%8h1,751.6−0.082%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,753.1+0.006%$119.0M$158.9M10xas long as short
Entropy io:SNDK+0.0050%1h1,750.9−0.120%$4.5M$19.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,750.6−0.137%$184K$129K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,751.6−0.082%$716K$521K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,751.6−0.080%$1.3M$5.3M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,751.7−0.073%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,752−0.055%$196K$310K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,748.1−0.281%$67K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,751.2−0.100%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,752.9−0.008%$427K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0285%1h1,752.8−0.012%$128K$350K20xas long as short
Deribit SNDK_USDC-PERPETUAL+0.0304%1h1,753+0.002%$50K$360K10xas long as short
edgeX SNDKUSDC+0.0926%4h1,747.1−0.334%$555K$349K10xas long as short