SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h +0.015%

Price spread now: Lighter against QFEX+0.110%52s7-day average +0.017% · 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—prices read too far apart to compare

costs, in and out, $10k−$160.162% of the position

Long on QFEX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.030%+$3 on $10k

Price spread, last 7 days−0.082%−$8 · spread now +0.110%, 7d avg +0.017%

Together, before fees−0.052%+ Points / potential airdropLighter: Season 3 · farm board−$5 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 is 0.093% dearer against QFEX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SNDK-USD	1,750.5	−0.0002	get 0.0000% / 1h	20m 39s	$1.4M	$9.6M	10x
Short	Lighter SNDK	1,752.5	0.0032	get 0.0004% / 1h	20m 39s	$1.7M	$16.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against QFEX. 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 QFEXbpFee LighterbpOrdersPrice spread, now +0.110%Rate

Funding earned: $7.17
Price spread: +0.110% → +0.017%: $9.29
Slippage, 4 orders: −$6.22
Fee QFEX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $0.24
Costs to cover: 0.162%
Break-even: 6.8 days

Slippage from QFEX: live order book, 3 min ago; Lighter: 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 QFEX live order book, 3 min ago	0.03 bp	5.6 bp −$6	6.4 bp −$64	10.4 bp −$1,036	doesn't fit
Sell Lighter live order book, 8 min ago	0.92 bp	1.7 bp −$2	2.7 bp −$27	48.6 bp −$4,863	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
GRVT SNDK_USDT_Perp	−0.0285%	8h	1,747.9	−0.149%	$19K	$2.2M	10x	as long as short
Bitget SNDKUSDT	−0.0212%	8h	1,752	+0.084%	$49.9M	$168.1M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,752.3	+0.101%	$4.0M	$4.6M	75x	as long as short
HTX SNDK-USDT	−0.0050%	8h	1,751.1	+0.033%	$1.4M	$10.0M	50x	as long as short
KuCoin SNDKUSDTM	−0.0035%	8h	1,751.1	+0.034%	$6.0M	$22.6M	20x	as long as short
Nado SNDK-PERP	−0.0015%	1h	1,750.2	−0.022%	$333K	$1.5M	10x	as long as short
QFEX SNDK-USDlong	−0.0002%	1h	1,750.5	long leg	$1.4M	$9.6M	10x
Aster SNDKUSD1	0.0000%	8h	1,751.6	+0.059%	$21.3M	$32.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,751.9	+0.078%	$278.9M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,752.5	+0.112%	$32.0M	$105.0M	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	1,753	+0.141%	$82.1M	$826.3M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,749.3	−0.069%	$135K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,752.4	+0.107%	$179.9M	$220.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,752.6	+0.116%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,747.4	−0.179%	$272K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,751.6	+0.058%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,751	+0.023%	$970	$3.3M	20x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,752.3	+0.098%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0011%	1h	1,749.4	−0.065%	—	$581K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,747.4	−0.180%	$703	$38K	5x	as long as short
Lighter SNDKshort	+0.0032%	1h	1,752.5	+0.110%	$1.7M	$16.6M	20x
Lighter RH SNDK	+0.0032%	1h	1,752.2	+0.094%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,752	+0.082%	$385K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.823%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,751.1	+0.034%	$250K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,751.1	+0.032%	$248K	$666K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,751.6	+0.059%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,752	+0.083%	$118.9M	$158.8M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,749.7	−0.048%	$4.5M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,750.6	+0.003%	$184K	$129K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,750.2	−0.020%	$716K	$521K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,751.6	+0.061%	$1.3M	$5.3M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,751.4	+0.050%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,752	+0.085%	$196K	$310K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,748.1	−0.141%	$67K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,750.7	+0.009%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,751.1	+0.032%	$428K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0285%	1h	1,752.4	+0.104%	$128K	$350K	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0298%	1h	1,752.5	+0.113%	$50K	$360K	10x	as long as short
edgeX SNDKUSDC	+0.0926%	4h	1,747.1	−0.194%	$555K	$349K	10x	as long as short