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: Lighter RH against Polymarket Perps+0.057%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as 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
LongPolymarket Perps SNDK-USD1,785.50.0050pay 0.0006% / 1h48m 58s$187K$134K10x
ShortLighter RH SNDK1,786.50.0032get 0.0004% / 1h48m 58s$1.4M$9.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Polymarket Perps. 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 Polymarket Perps: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$20
Costs to cover
0.161%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 13 min ago; Lighter RH: live order book, 5 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 Polymarket Perps live order book, 13 min ago1.96 bp6.0 bp −$67.3 bp −$739.3 bp −$926doesn't fit
Sell Lighter RH live order book, 5 min ago0.03 bp0.1 bp $01.8 bp −$1832.8 bp −$3,279doesn'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+0.019%$51K$333K10xas long as short
Phoenix SNDK−0.0090%1h1,786.5+0.056%$278K$193K15xas long as short
Entropy io:SNDK−0.0044%1h1,786+0.028%$4.9M$20.3M10xas long as short
Nado SNDK-PERP−0.0037%1h1,787+0.083%$359K$1.4M10xas long as short
QFEX SNDK-USD−0.0023%1h1,785.8+0.018%$1.6M$15.1M10xas long as short
Aster SNDKUSD10.0000%8h1,785.8+0.018%$21.8M$37.5M20xas long as short
Binance SNDKUSDT0.0000%8h1,785.2−0.017%$285.7M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,786+0.027%$32.1M$99.6M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,785.1−0.022%$85.4M$821.5M75xas long as short
RISEx SNDK/USDC0.0000%1h1,786.8+0.071%$170K$1.8M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,785.6+0.006%$180.1M$230.5M75xas long as short
Bitget SNDKUSDT0.0000%8h1,785.6+0.005%$43.8M$163.4M75xas long as short
Variational Omni SNDK0.0000%8h1,785.5−0.001%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,785.8+0.017%$21K$1.2M10xas long as short
Bullet SNDK-USD0.0000%1h1,786+0.028%$15K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,785.1−0.022%$859$3.6M20xas long as short
HTX SNDK-USDT0.0000%8h1,785.3−0.009%$1.4M$10.8M50xas long as short
Phemex SNDKUSDT0.0000%8h1,785.6+0.007%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0004%1h1,786.3+0.046%$665$37K5xas long as short
tradeXYZ xyz:SNDK+0.0018%1h1,785.8+0.017%$114.4M$145.6M10xas long as short
Coinbase International SNDK-PERP-INTX+0.0024%1h1,786+0.025%$439K$2.3M10xas long as short
Lighter SNDK+0.0032%1h1,787+0.081%$1.7M$16.0M20xas long as short
Lighter RH SNDKshort+0.0032%1h1,786.5+0.057%$1.4M$9.4M10x
Extended SNDK_24_5-USD+0.0032%1h1,786.5+0.056%$477K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.810%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,784.7−0.045%$311K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,785.9+0.022%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,786+0.028%$246K$645K20xas long as short
Paradex SNDK-USD-PERP+0.0048%8h1,785.9+0.023%5xas long as short
Polymarket Perps SNDK-USDlong+0.0050%1h1,785.5long leg$187K$134K10x
SoDEX SNDK-USD+0.0050%1h1,785.7+0.012%$730K$515K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,785.9+0.022%$1.4M$5.1M5xas long as short
Kraken Futures PF_SNDKUSD+0.0058%1h1,786.3+0.047%$130K$352K20xas long as short
Aevo SNDK-PERP+0.0080%1h1,785.5−0.001%$1K10xas long as short
Pacifica SNDK+0.0094%1h1,786.2+0.041%$199K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,785.3−0.011%$6.1M$21.7M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,786.2+0.038%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,785.2−0.019%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0374%4h1,785.6+0.008%$567K$352K10xas long as short