Funding you earn now, next payment 02:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.018%
Price spread now: Lighter RH against Arcus+0.076%7-day average +0.044% · 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−$15as in the Price arb table
costs, in and out, $10k−$180.184% of the position
Funding, last 3 days (all we have)+0.016%+$2 on $10k
+Price spread, last 7 days−0.076%−$8 · spread now +0.076%, 7d avg +0.044%
=Together, before fees−0.060%+ Points / potential airdropLighter RH: Points live · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.032% dearer against Arcus than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SNDK-USD | 1,783.6 | 0.0040 | pay 0.0005% / 1h | 35m 32s | $312K | $1.6M | 10x |
| Short | Lighter RH SNDK | 1,785 | 0.0032 | get 0.0004% / 1h | 35m 32s | $1.4M | $9.4M | 10x |
Arcus SNDK-USD
Lighter RH SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Arcus. 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
- −$1.74
- Price spread: +0.076% → +0.044%
- $3.18
- Slippage, 4 orders
- −$13.86
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$16.92
- Costs to cover
- 0.184%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 3 min ago; Lighter RH: live order book, 3 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 Arcus live order book, 3 min ago | 0.48 bp | 10.4 bp −$10 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.40 bp | 1.5 bp −$1 | 3.4 bp −$34 | 40.2 bp −$4,024 | 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 | 1,788 | +0.246% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0071% | 1h | 1,784.3 | +0.038% | $4.9M | $20.4M | 10x | as long as short |
| Phoenix SNDK | −0.0045% | 1h | 1,786.8 | +0.178% | $278K | $193K | 15x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,783.9 | +0.017% | $1.8M | $17.1M | 10x | as long as short |
| Nado SNDK-PERP | 0.0000% | 1h | 1,784.5 | +0.046% | $360K | $1.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,785 | +0.078% | $21.7M | $39.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,784.6 | +0.056% | $286.2M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,785.1 | +0.083% | $32.0M | $100.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,785 | +0.077% | $85.7M | $830.8M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,784.4 | +0.042% | $180.4M | $231.6M | 75x | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
Phoenix SNDK
QFEX SNDK-USD
Nado SNDK-PERP
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | 0.0000% | 8h | 1,784.4 | +0.045% | $44.0M | $167.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,783.8 | +0.009% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,783.2 | −0.026% | $15K | $1.1M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,783.7 | +0.006% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,781.5 | −0.122% | $771 | $3.7M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,783.8 | +0.009% | $51K | $328K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,784.1 | +0.028% | $1.5M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,784.5 | +0.049% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0005% | 1h | 1,785.7 | +0.115% | $670 | $37K | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0008% | 1h | 1,784.2 | +0.032% | $114.3M | $146.6M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,785.5 | +0.106% | $1.7M | $16.2M | 20x | as long as short |
| Lighter RH SNDKshort | +0.0032% | 1h | 1,785 | +0.076% | $1.4M | $9.4M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,784.6 | +0.052% | $470K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.916% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USDlong | +0.0040% | 1h | 1,783.6 | long leg | $312K | $1.6M | 10x | |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,783.2 | −0.026% | — | $584K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,784.6 | +0.054% | $245K | $645K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0049% | 4h | 1,783.4 | −0.011% | $566K | $352K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,784.6 | +0.052% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,783.7 | +0.004% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,783.6 | +0.001% | $729K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,783.9 | +0.015% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,783.5 | −0.007% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,783.4 | −0.011% | $437K | $2.3M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,784.5 | +0.052% | $198K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,784.7 | +0.058% | $6.1M | $21.5M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,783 | −0.033% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,783 | −0.033% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0132% | 1h | 1,784.6 | +0.055% | $130K | $355K | 20x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,785 | +0.076% | $171K | $1.8M | 20x | as long as short |
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
tradeXYZ xyz:SNDK
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Vest SNDK-USD-PERP
Popdex SNDKUSDT
edgeX SNDKUSDC
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
RISEx SNDK/USDC