SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.019%

Price spread now: ApeX Omni against Lighter−0.058%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$270.272% of the position

Long on Lighter Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 4 days (all we have)−0.066%−$7 · spread now −0.058%, 7d avg +0.014%

Together, before fees−0.018%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.072% cheaper against Lighter than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.014%). If the spread goes back, that is −$7 on $10k: about 3.5 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.048% in total) that is about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SNDK	1,787.2	0.0032	pay 0.0004% / 1h	51m 02s	$1.7M	$16.0M	20x
Short	ApeX Omni SNDKUSDT	1,786.2	0.0100	get 0.0013% / 1h	51m 02s	$69K	$270K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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 LighterbpFee ApeX OmnibpOrdersPrice spread, now −0.058%Rate

Funding earned: $14.28
Price spread: −0.058% → +0.014%: −$7.18
Slippage, 4 orders: −$17.23
Fee Lighter: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$20.13
Costs to cover: 0.272%
Break-even: 16.9 days

Slippage from Lighter: live order book, 8 min ago; ApeX Omni: live order book, 11 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 Lighter live order book, 8 min ago	0.45 bp	0.7 bp −$1	1.9 bp −$19	37.3 bp −$3,732	doesn't fit
Sell ApeX Omni live order book, 11 min ago	7.73 bp	13.2 bp −$13	34.5 bp −$345	doesn't fit	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	−0.0142%	1h	1,785.8	−0.082%	$51K	$333K	10x	as long as short
Phoenix SNDK	−0.0090%	1h	1,786.5	−0.040%	$278K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0025%	1h	1,787.5	+0.014%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,785.8	−0.082%	$1.6M	$15.1M	10x	as long as short
Entropy io:SNDK	−0.0021%	1h	1,786	−0.068%	$4.9M	$20.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.2	−0.057%	$21.8M	$37.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,785.7	−0.083%	$285.8M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,786.2	−0.058%	$32.1M	$99.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.9	−0.074%	$85.5M	$821.9M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,787.3	+0.007%	$170K	$1.8M	20x	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	1,786.2	−0.058%	$180.2M	$230.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,785.9	−0.072%	$43.8M	$163.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,785.5	−0.098%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786	−0.067%	$11K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,785.9	−0.073%	$15K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.1	−0.121%	$859	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,785.4	−0.100%	$1.4M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.2	−0.060%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,785.9	−0.077%	$664	$37K	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,786.2	−0.057%	$436K	$2.3M	10x	as long as short
Lighter SNDKlong	+0.0032%	1h	1,787.2	long leg	$1.7M	$16.0M	20x
Lighter RH SNDK	+0.0032%	1h	1,786.7	−0.031%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.5	−0.038%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.713%	$36	$9K	12x	as long as short
tradeXYZ xyz:SNDK	+0.0039%	1h	1,785.8	−0.079%	$114.5M	$145.6M	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.6	−0.147%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.7	−0.086%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,786	−0.068%	$246K	$644K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,786.5	−0.038%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.6	−0.091%	$187K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,786	−0.071%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.4	−0.046%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,786.6	−0.034%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785.7	−0.085%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,786.3	−0.051%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.6	−0.091%	$6.1M	$21.7M	20x	as long as short
ApeX Omni SNDKUSDTshort	+0.0100%	1h	1,786.2	−0.058%	$69K	$270K	50x
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.7	−0.084%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0374%	4h	1,785.6	−0.088%	$567K	$352K	10x	as long as short