Funding you earn now, next payment 10:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Binance against Lighter RH+0.018%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$140.137% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now +0.018%, 7d avg +0.044%
=Together, before fees+0.164%+ Points / potential airdropLighter RH: Points live · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.026% cheaper against Lighter RH than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.150%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SNDK | 1,760.3 | 0.0032 | pay 0.0004% / 1h | 56m 38s | $1.2M | $9.5M | 10x |
| Short | Binance SNDKUSDT | 1,760.6 | 0 | get 0.0000% / 8h | 6h 56m | $279.3M | $1.86B | 75x |
Lighter RH SNDK
Binance SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter RH. 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
- −$6.72
- Price spread: +0.018% → +0.044%
- −$2.59
- Slippage, 4 orders
- −$3.69
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$23
- Costs to cover
- 0.137%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; Binance: live order book, 2 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 RH live order book, 2 min ago | 1.36 bp | 1.6 bp −$2 | 3.8 bp −$38 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.03 bp | 5.4 bp −$5 | 7.4 bp −$74 | 18.7 bp −$1,874 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0122% | 8h | 1,760.8 | +0.025% | $49.7M | $168.3M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,761.4 | +0.062% | $3.9M | $4.6M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,760.3 | −0.004% | $21.4M | $32.5M | 20x | as long as short |
| Binance SNDKUSDTshort | 0.0000% | 8h | 1,760.6 | +0.018% | $279.3M | $1.86B | 75x | |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,760.9 | +0.032% | $32.1M | $105.3M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,760.8 | +0.027% | $82.2M | $828.6M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,761.3 | +0.054% | $136K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,760.7 | +0.022% | $181.5M | $216.1M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,758.2 | −0.122% | $2.6M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,758.3 | −0.115% | $23K | $2.3M | 10x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
Aster SNDKUSD1
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_PerpShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,759.4 | −0.052% | $274K | $189K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,759.6 | −0.041% | $13K | $292K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,759 | −0.078% | $587 | $3.2M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,759.6 | −0.044% | $51K | $358K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,758.5 | −0.102% | $1.4M | $9.9M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,760.5 | +0.009% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | 0.0000% | 1h | 1,760.7 | +0.019% | $1.4M | $9.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0016% | 1h | 1,759.3 | −0.060% | $673 | $38K | 5x | as long as short |
| KuCoin SNDKUSDTM | +0.0026% | 8h | 1,758.9 | −0.082% | $6.0M | $22.6M | 20x | as long as short |
| Lighter RH SNDKlong | +0.0032% | 1h | 1,760.3 | long leg | $1.2M | $9.5M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,759.9 | −0.026% | $390K | $2.2M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.252% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,760.1 | −0.012% | $270K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,759.7 | −0.037% | — | $571K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,760.8 | +0.027% | $243K | $665K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,760 | −0.018% | $119.4M | $159.5M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,759.6 | −0.041% | $4.5M | $19.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,758.9 | −0.081% | $186K | $130K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,759.7 | −0.034% | $720K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,760.4 | +0.005% | $1.4M | $5.4M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0052% | 8h | 1,760.1 | −0.010% | — | — | 5x | as long as short |
| Nado SNDK-PERP | +0.0071% | 1h | 1,758.5 | −0.104% | $336K | $1.5M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,759.3 | −0.057% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,760.4 | +0.005% | $197K | $307K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,757.4 | −0.168% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,758.9 | −0.079% | $8K | $3K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0120% | 4h | 1,759.5 | −0.044% | $559K | $338K | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0136% | 1h | 1,759.4 | −0.051% | $440K | $2.1M | 10x | as long as short |
| Lighter SNDK | +0.0200% | 1h | 1,761.4 | +0.062% | $1.7M | $16.5M | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0553% | 1h | 1,760.1 | −0.010% | $128K | $333K | 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
KuCoin SNDKUSDTM
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Nado SNDK-PERP
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC
Coinbase International SNDK-PERP-INTX
Lighter SNDK
Kraken Futures PF_SNDKUSD