Funding you earn now, next payment 10:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.007%
Price spread now: Nado against Lighter+0.062%7-day average +0.043% · 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−$13as in the Price arb table
costs, in and out, $10k−$140.145% of the position
Funding, last 4 days (all we have)−0.066%−$7 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.062%, 7d avg +0.043%
=Together, before fees−0.135%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SNDK | 1,777.5 | 0.0064 | pay 0.0008% / 1h | 5m 09s | $1.8M | $16.9M | 20x |
| Short | Nado SNDK-PERP | 1,778.6 | −0.0007 | pay 0.0001% / 1h | 5m 09s | $340K | $1.5M | 10x |
Lighter SNDK
Nado SNDK-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$14.86
- Price spread: +0.062% → +0.043%
- $1.95
- Slippage, 4 orders
- −$7.46
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$27.37
- Costs to cover
- 0.145%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Nado: live order book, 1 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, 7 min ago | 0.62 bp | 0.9 bp −$1 | 1.4 bp −$14 | 19.4 bp −$1,939 | doesn't fit |
| Sell Nado live order book, 1 min ago | 0.28 bp | 6.1 bp −$6 | 20.0 bp −$200 | doesn't fit | doesn't fit |
SNDK on 40 exchanges
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 | 1,775.8 | −0.097% | $4.0M | $4.7M | 75x | as long as short |
| Nado SNDK-PERPshort | −0.0007% | 1h | 1,778.6 | +0.062% | $340K | $1.5M | 10x | |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,776.5 | −0.058% | $21.7M | $32.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,775.8 | −0.093% | $283.6M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,776.5 | −0.057% | $31.5M | $106.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,775.7 | −0.100% | $81.9M | $842.5M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,778 | +0.029% | $146K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,776.2 | −0.072% | $182.2M | $221.0M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,776.7 | −0.046% | $47.9M | $171.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,777.8 | +0.020% | $2.7M | $4.7M | — | as long as short |
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDKShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,775.4 | −0.117% | $277K | $189K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,777.8 | +0.018% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,776.2 | −0.074% | $677 | $3.1M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,777 | −0.026% | $35K | $393K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,776.6 | −0.047% | $1.4M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,776.2 | −0.071% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | 0.0000% | 1h | 1,777.9 | +0.021% | $1.4M | $9.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0016% | 1h | 1,772.9 | −0.259% | $753 | $39K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,777.2 | −0.016% | $1.2M | $9.8M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,776.3 | −0.066% | $397K | $2.3M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0032% | 4h | 1,772.1 | −0.302% | $563K | $339K | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.265% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,777.8 | +0.020% | $272K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,778.3 | +0.046% | — | $572K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,778 | +0.029% | $249K | $688K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,776.4 | −0.061% | $121.4M | $152.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,775 | −0.140% | $4.6M | $19.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,777.8 | +0.018% | $188K | $130K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,777.4 | −0.005% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0053% | 8h | 1,778.1 | +0.033% | — | — | 5x | as long as short |
| Lighter SNDKlong | +0.0064% | 1h | 1,777.5 | long leg | $1.8M | $16.9M | 20x | |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,777.7 | +0.012% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,778.1 | +0.035% | $199K | $305K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,776.4 | −0.064% | $6.1M | $23.0M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,777.4 | −0.002% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,776.3 | −0.069% | $8K | $3K | 20x | as long as short |
| GRVT SNDK_USDT_Perp | +0.0116% | 8h | 1,778.8 | +0.071% | $27K | $2.4M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0136% | 1h | 1,777.8 | +0.016% | $444K | $2.2M | 10x | as long as short |
| SoDEX SNDK-USD | +0.0337% | 1h | 1,776.3 | −0.065% | $729K | $525K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0548% | 1h | 1,776.7 | −0.045% | $162K | $378K | 20x | as long as short |
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
edgeX SNDKUSDC
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
GRVT SNDK_USDT_Perp
Coinbase International SNDK-PERP-INTX
SoDEX SNDK-USD
Kraken Futures PF_SNDKUSD