Funding you earn now, next payment 03:00 UTC+0.0023%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.007%
Price spread now: Lighter RH against tradeXYZ+0.044%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$220.215% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 7 days−0.025%−$3 · spread now +0.044%, 7d avg +0.024%
=Together, before fees−0.063%+ Points / potential airdroptradeXYZ: Active · Lighter RH: Points live · farm board−$6 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 0.020% dearer against tradeXYZ than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SNDK | 1,789.8 | 0.0009 | pay 0.0001% / 1h | 59m 55s | $114.8M | $145.8M | 10x |
| Short | Lighter RH SNDK | 1,790.6 | 0.0032 | get 0.0004% / 1h | 59m 55s | $1.4M | $9.5M | 10x |
tradeXYZ xyz:SNDK
Lighter RH SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.93
- Price spread: +0.044% → +0.024%
- $2
- Slippage, 4 orders
- −$3.53
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$14.59
- Costs to cover
- 0.215%
- Break-even
- 27.7 days
Slippage from tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago | 0.28 bp | 9.6 bp −$10 | 10.3 bp −$103 | 14.3 bp −$1,425 | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 0.84 bp | 0.9 bp −$1 | 2.8 bp −$28 | 33.6 bp −$3,363 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,789.6 | −0.012% | $4.1M | $4.4M | 75x | as long as short |
| Phoenix SNDK | −0.0090% | 1h | 1,789.9 | +0.006% | $279K | $193K | 15x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0052% | 1h | 1,790.1 | +0.018% | $51K | $343K | 10x | as long as short |
| Entropy io:SNDK | −0.0051% | 1h | 1,789.9 | +0.006% | $4.9M | $20.0M | 10x | as long as short |
| Nado SNDK-PERP | −0.0050% | 1h | 1,791 | +0.068% | $361K | $1.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0023% | 1h | 1,789.8 | −0.002% | $1.5M | $14.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,789.6 | −0.011% | $21.8M | $35.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,789.8 | 0.000% | $287.1M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,790.3 | +0.028% | $32.5M | $99.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,789.9 | +0.006% | $85.0M | $825.4M | 75x | as long as short |
BloFin SNDK-USDT
Phoenix SNDK
Deribit SNDK_USDC-PERPETUAL
Entropy io:SNDK
Nado SNDK-PERP
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,790.9 | +0.062% | $170K | $1.8M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,790 | +0.011% | $180.1M | $231.8M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,789.6 | −0.012% | $43.9M | $161.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,789 | −0.044% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,789.5 | −0.016% | $14K | $1.3M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,789.7 | −0.003% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,788.2 | −0.087% | $955 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,789.3 | −0.030% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,789.8 | +0.002% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0002% | 1h | 1,789.8 | +0.002% | $666 | $37K | 5x | as long as short |
| tradeXYZ xyz:SNDKlong | +0.0009% | 1h | 1,789.8 | long leg | $114.8M | $145.8M | 10x | |
| Coinbase International SNDK-PERP-INTX | +0.0024% | 1h | 1,785.7 | −0.229% | $439K | $2.3M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,791 | +0.069% | $1.7M | $16.2M | 20x | as long as short |
| Lighter RH SNDKshort | +0.0032% | 1h | 1,790.6 | +0.044% | $1.4M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,790.5 | +0.037% | $450K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.568% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,788.4 | −0.077% | $313K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0042% | 8h | 1,788.7 | −0.059% | $6.1M | $22.1M | 20x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,790.1 | +0.019% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,789.9 | +0.006% | $246K | $647K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,789.9 | +0.008% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,789.4 | −0.022% | $188K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,790 | +0.008% | $732K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,789.4 | −0.022% | $1.4M | $5.1M | 5x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0058% | 1h | 1,790.3 | +0.026% | $130K | $352K | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,789.4 | −0.024% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0094% | 1h | 1,789.9 | +0.007% | $199K | $287K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,789.6 | −0.009% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,789.4 | −0.025% | $8K | $3K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0142% | 4h | 1,789.8 | −0.001% | $568K | $353K | 10x | as long as short |
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Coinbase International SNDK-PERP-INTX
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
KuCoin SNDKUSDTM
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Kraken Futures PF_SNDKUSD
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC