SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%

Price spread now: Polymarket Perps against Lighter RH−0.046%46s7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as 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−$160.158% of the position

Long on Lighter RH Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$3 on $10k

Price spread, last 7 days−0.134%−$13 · spread now −0.046%, 7d avg −0.061%

Together, before fees−0.168%+ Points / potential airdropLighter RH: Points live · farm board−$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 46 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 RH SNDK	1,775.9	0.0032	pay 0.0004% / 1h	12m 30s	$1.3M	$10.0M	10x
Short	Polymarket Perps SNDK-USD	1,775.1	0.0050	get 0.0006% / 1h	12m 30s	$202K	$125K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee Polymarket PerpsbpOrdersPrice spread, now −0.046%Rate

Funding earned: $3.78
Price spread: −0.046% → −0.061%: $1.48
Slippage, 4 orders: −$7.75
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$10.49
Costs to cover: 0.158%
Break-even: 26.4 days

Slippage from Lighter RH: live order book, 6 min ago; Polymarket Perps: live order book, 64 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, 6 min ago	1.46 bp	1.7 bp −$2	3.5 bp −$35	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 64 min ago	1.41 bp	7.0 bp −$7	8.2 bp −$82	10.6 bp −$1,062	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	1,775.8	−0.005%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0084%	1h	1,776	+0.005%	$4.6M	$20.4M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,775.8	−0.010%	$2.2M	$21.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,776.3	+0.019%	$21.8M	$46.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,775.9	+0.001%	$283.5M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,776	+0.003%	$31.6M	$105.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,776	+0.005%	$86.8M	$844.5M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,775.6	−0.016%	$184.0M	$240.2M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,776.1	+0.012%	$47.8M	$171.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,777.7	+0.098%	$2.6M	$4.7M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,777.9	+0.112%	$12K	$1.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,777.6	+0.095%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,775.6	−0.018%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,774.8	−0.065%	$873	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,775.9	−0.004%	$1.5M	$11.0M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,776.1	+0.007%	$2.8M	$1.0M	50x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0003%	1h	1,776.1	+0.012%	$50K	$305K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,777.1	+0.064%	$671	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,777	+0.058%	$174K	$1.8M	20x	as long as short
Lighter RH SNDKlong	+0.0032%	1h	1,775.9	long leg	$1.3M	$10.0M	10x
Extended SNDK_24_5-USD	+0.0032%	1h	1,775.8	−0.007%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.354%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,775.1	−0.045%	$285K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,775.7	−0.013%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,775.8	−0.007%	$244K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,775.9	−0.001%	$113.2M	$151.9M	10x	as long as short
Polymarket Perps SNDK-USDshort	+0.0050%	1h	1,775.1	−0.046%	$202K	$125K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,775.7	−0.011%	$726K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,775.6	−0.021%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,775.3	−0.035%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,775.5	−0.026%	$1K	—	10x	as long as short
edgeX SNDKUSDC	+0.0080%	4h	1,776.8	+0.051%	$564K	$356K	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,779	+0.175%	$441K	$2.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,776.1	+0.010%	$211K	$281K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,776.5	+0.033%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,777.6	+0.092%	$68K	$268K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,775.3	−0.036%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0120%	1h	1,776.7	+0.045%	$1.6M	$16.4M	20x	as long as short
Nado SNDK-PERP	+0.0163%	1h	1,775.8	−0.005%	$355K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0456%	1h	1,776.2	+0.016%	$129K	$405K	20x	as long as short