Funding you earn now, next payment 03:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h −0.011%
Price spread now: KuCoin against Lighter−0.081%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.081%, 7d avg −0.004%
=Together, before fees+0.017%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.076% cheaper against Lighter than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.004%). If the spread goes back, that is −$8 on $10k: about 6.1 days of funding at the current rate (+$1 a day).
| 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 | 24m 56s | $1.7M | $16.1M | 20x |
| Short | KuCoin SNDKUSDTM | 1,785.7 | 0.0074 | get 0.0074% / 8h | 5h 24m | $6.1M | $21.8M | 20x |
Lighter SNDK
KuCoin SNDKUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Lighter. 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
- $8.82
- Price spread: −0.081% → −0.004%
- −$7.64
- Slippage, 4 orders
- −$16.43
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$27.25
- Costs to cover
- 0.284%
- Break-even
- 28.6 days
Slippage from Lighter: live order book, 4 min ago; KuCoin: 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 Lighter live order book, 4 min ago | 0.56 bp | 0.7 bp −$1 | 0.9 bp −$9 | 13.3 bp −$1,334 | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 0.87 bp | 13.8 bp −$14 | 68.8 bp −$688 | doesn't fit | 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 | 1,786.1 | −0.060% | $4.1M | $4.4M | 75x | as long as short |
| Phoenix SNDK | −0.0090% | 1h | 1,785.7 | −0.083% | $278K | $193K | 15x | as long as short |
| Entropy io:SNDK | −0.0055% | 1h | 1,786.5 | −0.038% | $4.9M | $20.3M | 10x | as long as short |
| Nado SNDK-PERP | −0.0039% | 1h | 1,786.8 | −0.021% | $359K | $1.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0023% | 1h | 1,785.9 | −0.074% | $1.5M | $14.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,786.3 | −0.049% | $21.8M | $37.0M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,786.4 | −0.046% | $285.6M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,787 | −0.010% | $32.1M | $99.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,786.6 | −0.032% | $85.1M | $822.5M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,787.4 | +0.010% | $170K | $1.8M | 20x | as long as short |
BloFin SNDK-USDT
Phoenix SNDK
Entropy io:SNDK
Nado SNDK-PERP
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDCShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,786.6 | −0.034% | $180.2M | $230.9M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,786.1 | −0.060% | $43.8M | $161.5M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,785.9 | −0.071% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,785.7 | −0.081% | $17K | $1.2M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,786 | −0.066% | $13K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,785.1 | −0.116% | $1K | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,786.2 | −0.056% | $51K | $338K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,785.7 | −0.086% | $1.4M | $10.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,786.2 | −0.057% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0004% | 1h | 1,787 | −0.011% | $665 | $37K | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0020% | 1h | 1,785.9 | −0.072% | $114.4M | $145.7M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0024% | 1h | 1,785.7 | −0.083% | $439K | $2.3M | 10x | as long as short |
| Lighter SNDKlong | +0.0032% | 1h | 1,787.2 | long leg | $1.7M | $16.1M | 20x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,786.7 | −0.025% | $1.4M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,786.6 | −0.032% | $455K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.715% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,785.1 | −0.116% | $312K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,785.9 | −0.074% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,786.1 | −0.060% | $246K | $645K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0048% | 8h | 1,786 | −0.067% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,785.9 | −0.072% | $187K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,786.1 | −0.060% | $730K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,786.5 | −0.038% | $1.4M | $5.1M | 5x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0058% | 1h | 1,786.5 | −0.039% | $130K | $352K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0061% | 4h | 1,785.2 | −0.109% | $567K | $351K | 10x | as long as short |
| KuCoin SNDKUSDTMshort | +0.0074% | 8h | 1,785.7 | −0.081% | $6.1M | $21.8M | 20x | |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,785.6 | −0.087% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0094% | 1h | 1,786.4 | −0.045% | $199K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,786.9 | −0.018% | $69K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,785.2 | −0.111% | $8K | $3K | 20x | as long as short |
Gate SNDK_USDT
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
Coinbase International SNDK-PERP-INTX
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
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
edgeX SNDKUSDC
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos