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: Lighter RH against RISEx−0.022%7-day average −0.011% · 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−$13as in the Price arb table

costs, in and out, $10k−$120.116% of the position

Long on RISEx Short on Lighter RH

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)+0.003%$0 · spread now −0.022%, 7d avg −0.011%

Together, before fees−0.024%+ Points / potential airdropLighter RH: Points live · farm board−$2 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	RISEx SNDK/USDC	1,787.3	0.0257	pay 0.0032% / 1h	14m 40s	$170K	$1.8M	20x
Short	Lighter RH SNDK	1,786.9	0.0032	get 0.0004% / 1h	14m 40s	$1.4M	$9.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against RISEx. 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 RISExbpFee Lighter RHbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$47.34
Price spread: −0.022% → −0.011%: −$1.05
Slippage, 4 orders: −$5.57
Fee RISEx: 3 bp × 2 orders: −$6
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$59.95
Costs to cover: 0.116%
Break-even: never at this rate

Slippage from RISEx: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy RISEx live order book, 4 min ago	1.29 bp	4.3 bp −$4	5.0 bp −$50	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	1.43 bp	1.5 bp −$1	3.9 bp −$39	37.7 bp −$3,772	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	−0.0338%	1h	1,786.1	−0.070%	$51K	$331K	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,785.5	−0.102%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0036%	1h	1,786	−0.074%	$4.9M	$20.5M	10x	as long as short
Nado SNDK-PERP	−0.0030%	1h	1,786.8	−0.029%	$360K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,786.4	−0.054%	$1.7M	$16.4M	10x	as long as short
tradeXYZ xyz:SNDK	−0.0014%	1h	1,786.2	−0.063%	$114.5M	$146.1M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.6	−0.043%	$21.8M	$36.8M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,786.5	−0.045%	$286.0M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,786.6	−0.041%	$32.1M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,786.8	−0.029%	$85.5M	$828.9M	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	1,786.6	−0.039%	$180.9M	$232.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,786.4	−0.052%	$43.9M	$164.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,785.4	−0.110%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,784.3	−0.169%	$16K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,785.8	−0.084%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.4	−0.110%	$877	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,785.5	−0.100%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,785.7	−0.089%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,786	−0.077%	$665	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,787.4	+0.006%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDKshort	+0.0032%	1h	1,786.9	−0.022%	$1.4M	$9.5M	10x
Extended SNDK_24_5-USD	+0.0032%	1h	1,787	−0.018%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.707%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.4	−0.162%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.8	−0.085%	—	$584K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0047%	8h	1,786.2	−0.062%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,786.6	−0.040%	$246K	$645K	20x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.6	−0.096%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,785.7	−0.092%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786	−0.074%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785.5	−0.102%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,784.9	−0.134%	$436K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,786.5	−0.048%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.6	−0.098%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,785.3	−0.111%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.4	−0.108%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,786.6	−0.041%	$130K	$357K	20x	as long as short
edgeX SNDKUSDC	+0.0227%	4h	1,783.9	−0.193%	$567K	$353K	10x	as long as short
RISEx SNDK/USDClong	+0.0257%	1h	1,787.3	long leg	$170K	$1.8M	20x