After costs, if the gap returns to its 7d average, $10k−$28
spread now−0.019%7d average+0.030%fees + slippage, in and out−$23spread needed0.229%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SNDK | 1,745.2 | 0.0032 | pay 0.0004% / 1h | 50m 07s | $1.8M | $15.2M | 20x |
| Short | Gate SNDK_USDT | 1,744.9 | 0 | get 0.0000% / 8h | 5h 50m | $194.4M | $223.7M | 75x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$1.89
- Funding while held
- −$0.96
- Slippage, 4 orders
- −$7.9
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$25.75
- Spread needed to break even
- 0.229%
Slippage from Lighter: live order book, 5 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.96
- Average in range /8h
- —
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, 5 min ago | 0.43 bp | 0.4 bp $0 | 2.0 bp −$20 | 34.2 bp −$3,419 | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.80 bp | 11.0 bp −$11 | 15.3 bp −$153 | 27.5 bp −$2,749 | 50.6 bp −$25.3K |
SNDK price on every exchange
against the cheapest. Click to use as the short leg.SNDK on 39 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest SNDK-USD-PERP | −0.110% | +0.0046% | 1h | — | $544K | 10x | as long as short |
| Phoenix SNDK | −0.070% | −0.0046% | 1h | $273K | $162K | 15x | as long as short |
| Aftermath Perps SNDKUSD | −0.062% | +0.0010% | 1h | $674 | $34K | 5x | as long as short |
| KuCoin SNDKUSDTM | −0.060% | +0.0100% | 8h | $6.8M | $20.1M | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.058% | +0.0048% | 1h | $427K | $2.2M | 10x | as long as short |
| HTX SNDK-USDT | −0.056% | 0.0000% | 8h | $1.5M | $10.4M | 50x | as long as short |
| Variational Omni SNDK | −0.055% | 0.0000% | 8h | $2.5M | $4.7M | — | as long as short |
| Bullet SNDK-USD | −0.049% | 0.0000% | 1h | $14K | $296K | 10x | as long as short |
| SunX SNDK-USDT | −0.048% | 0.0000% | 8h | $933 | $3.9M | 20x | as long as short |
| tradeXYZ xyz:SNDK | −0.047% | +0.0050% | 1h | $108.3M | $137.6M | 10x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Entropy io:SNDK | −0.047% | −0.0007% | 1h | $4.0M | $19.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | −0.041% | +0.0050% | 1h | $193K | $181K | 10x | as long as short |
| Aevo SNDK-PERP | −0.041% | +0.0080% | 1h | $1K | — | 10x | as long as short |
| BloFin SNDK-USDT | −0.034% | −0.0120% | 8h | $4.4M | $4.1M | 75x | as long as short |
| SoDEX SNDK-USD | −0.030% | +0.0050% | 1h | $713K | $488K | 10x | as long as short |
| Extended SNDK_24_5-USD | −0.030% | +0.0032% | 1h | $404K | $1.6M | 10x | as long as short |
| Ondo Perps SNDK-USD.P | −0.030% | +0.0050% | 1h | $1.4M | $4.2M | 5x | as long as short |
| edgeX SNDKUSDC | −0.029% | +0.0996% | 4h | $552K | $346K | 10x | as long as short |
| OKX SNDK-USDT-SWAP | −0.024% | 0.0000% | 8h | $90.5M | $760.0M | 75x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | −0.020% | +0.0100% | 8h | $8K | $1K | 20x | as long as short |
| Gate SNDK_USDTshort | −0.019% | 0.0000% | 8h | $194.4M | $223.7M | 75x | |
| Popdex SNDKUSDT | −0.018% | +0.0048% | 1h | $241K | $607K | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.018% | 0.0000% | 1h | $47K | $182K | 10x | as long as short |
| Phemex SNDKUSDT | −0.016% | 0.0000% | 8h | $2.8M | $717K | 50x | as long as short |
| Bitget SNDKUSDT | −0.015% | 0.0000% | 8h | $47.9M | $157.2M | 75x | as long as short |
| Binance SNDKUSDT | −0.013% | 0.0000% | 8h | $289.1M | $1.75B | 75x | as long as short |
| Bybit SNDKUSDT | −0.013% | 0.0000% | 8h | $31.5M | $95.8M | 100x | as long as short |
| Lighter RH SNDK | −0.012% | +0.0032% | 1h | $1.2M | $9.8M | 10x | as long as short |
| ApeX Omni SNDKUSDT | −0.009% | +0.0100% | 1h | $67K | $269K | 50x | as long as short |
| Aster SNDKUSD1 | −0.007% | 0.0000% | 8h | $21.5M | $39.5M | 20x | as long as short |
| Arcus SNDK-USD | −0.006% | +0.0040% | 1h | $292K | $1.6M | 10x | as long as short |
| Lighter SNDKlong | 0.000% | +0.0032% | 1h | $1.8M | $15.2M | 20x | |
| Pacifica SNDK | 0.000% | +0.0100% | 1h | $193K | $254K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.012% | +0.0049% | 8h | — | — | 5x | as long as short |
| Nado SNDK-PERP | +0.014% | +0.0094% | 1h | $352K | $1.2M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.020% | +0.0384% | 1h | $128K | $375K | 20x | as long as short |
| QFEX SNDK-USD | +0.022% | +0.0012% | 1h | $2.2M | $21.9M | 10x | as long as short |
| RISEx SNDK/USDC | +0.058% | +0.0266% | 1h | $127K | $1.7M | 20x | as long as short |
| Injective SNDK/USDC PERP | +3.137% | +0.0033% | 1h | $36 | $19K | 12x | as long as short |
Lighter SNDK
Gate SNDK_USDT
Phoenix
KuCoin
Coinbase International
HTX
Variational Omni
Bullet
SunX
tradeXYZ
Polymarket Perps
BloFin
SoDEX
Extended
OKX
Popdex
Deribit
Phemex
Bitget
Binance
Bybit
Lighter RH
ApeX Omni
Aster
Pacifica
Paradex
Kraken Futures
RISEx
Injective