Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h +0.028%
Price spread now: Pacifica against Lighter−0.055%57s7-day average −0.012% · 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—prices read too far apart to compare
costs, in and out, $10k−$140.136% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.055%, 7d avg −0.012%
=Together, before fees+0.004%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Pacifica is 0.043% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.012%). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SNDK | 1,779.8 | 0.0152 | pay 0.0019% / 1h | 39m 44s | $1.6M | $16.2M | 20x |
| Short | Pacifica SNDK | 1,778.9 | 0.0100 | get 0.0013% / 1h | 39m 44s | $212K | $283K | 10x |
Lighter SNDK
Pacifica SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$10.92
- Price spread: −0.055% → −0.012%
- −$4.34
- Slippage, 4 orders
- −$5.58
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$28.84
- Costs to cover
- 0.136%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Pacifica: live order book, 39 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 | 0.53 bp | 0.6 bp −$1 | 1.1 bp −$11 | 4.6 bp −$464 | doesn't fit |
| Sell Pacifica live order book, 39 min ago | 0.56 bp | 5.5 bp −$5 | doesn't fit | 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 | 1,778.5 | −0.076% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0062% | 1h | 1,778.2 | −0.092% | $4.6M | $20.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,778.7 | −0.063% | $2.2M | $21.8M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,779.4 | −0.027% | $22.0M | $46.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,779 | −0.050% | $284.5M | $1.88B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,779 | −0.048% | $31.8M | $105.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,779 | −0.047% | $87.3M | $845.4M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,779 | −0.046% | $184.2M | $239.4M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,779 | −0.045% | $49.6M | $170.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,778.7 | −0.066% | $2.6M | $4.7M | — | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDKShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,778.9 | −0.054% | $12K | $1.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,778.6 | −0.070% | $277K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,779.1 | −0.043% | $14K | $292K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,778.6 | −0.069% | $939 | $3.9M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,779.2 | −0.036% | $50K | $281K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,778.6 | −0.070% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,779 | −0.049% | $2.8M | $1.0M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,778.7 | −0.066% | $672 | $37K | 5x | as long as short |
| RISEx SNDK/USDC | +0.0018% | 1h | 1,780.4 | +0.032% | $175K | $1.8M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,779.1 | −0.042% | $1.3M | $9.9M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,778.5 | −0.073% | $412K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.130% | $36 | $15K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,778.5 | −0.076% | $285K | $1.7M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,778.7 | −0.067% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,779.1 | −0.042% | $245K | $670K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,778.7 | −0.064% | $113.4M | $151.7M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,778.9 | −0.053% | $197K | $89K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,778.8 | −0.057% | $727K | $538K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,778.7 | −0.062% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,778.7 | −0.064% | $1.4M | $4.9M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,778.7 | −0.066% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0096% | 1h | 1,778.6 | −0.070% | $442K | $2.4M | 10x | as long as short |
| Pacifica SNDKshort | +0.0100% | 1h | 1,778.9 | −0.055% | $212K | $283K | 10x | |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,778.3 | −0.087% | $6.0M | $22.2M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,779.2 | −0.037% | $68K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,777.9 | −0.111% | $8K | $2K | 20x | as long as short |
| Lighter SNDKlong | +0.0152% | 1h | 1,779.8 | long leg | $1.6M | $16.2M | 20x | |
| Nado SNDK-PERP | +0.0183% | 1h | 1,779 | −0.048% | $387K | $1.4M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0455% | 1h | 1,779.7 | −0.007% | $129K | $407K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0576% | 4h | 1,779 | −0.049% | $565K | $356K | 10x | as long as short |
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
RISEx SNDK/USDC
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Nado SNDK-PERP
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC