Funding you earn now, next payment 05:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Popdex against Lighter RH−0.033%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$100.101% of the position
Funding, last 4 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.033%, 7d avg −0.010%
=Together, before fees+0.127%+ Points / potential airdropLighter RH: Points live · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Popdex is 0.024% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of −0.010%). If the spread goes back, that is −$2 on $10k: about 5.0 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SNDK | 1,767.4 | 0.0032 | pay 0.0004% / 1h | 5m 23s | $1.3M | $9.6M | 10x |
| Short | Popdex SNDKUSDT | 1,766.8 | 0.0048 | get 0.0006% / 1h | 5m 23s | $243K | $654K | 20x |
Lighter RH SNDK
Popdex SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $3.36
- Price spread: −0.033% → −0.010%
- −$2.38
- Slippage, 4 orders
- −$3.69
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$9.11
- Costs to cover
- 0.101%
- Break-even
- 26.0 days
Slippage from Lighter RH: live order book, 3 min ago; Popdex: live order book, 49 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, 3 min ago | 0.99 bp | 1.6 bp −$2 | 4.1 bp −$41 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 49 min ago | 0.56 bp | 3.8 bp −$4 | 7.7 bp −$77 | 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 | 1,765.9 | −0.082% | $3.9M | $4.4M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0047% | 8h | 1,766.4 | −0.054% | $6.1M | $22.1M | 20x | as long as short |
| Entropy io:SNDK | −0.0031% | 1h | 1,766.6 | −0.045% | $4.8M | $19.8M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,765.9 | −0.084% | $1.4M | $11.9M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,766.8 | −0.032% | $433K | $2.3M | 10x | as long as short |
| Nado SNDK-PERP | −0.0004% | 1h | 1,766.7 | −0.036% | $340K | $1.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,766.9 | −0.025% | $21.6M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,766.4 | −0.057% | $280.1M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,767 | −0.020% | $31.7M | $102.3M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,767.2 | −0.011% | $81.9M | $827.8M | 75x | as long as short |
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Entropy io:SNDK
QFEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Nado SNDK-PERP
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,767.2 | −0.011% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,766 | −0.081% | $177.2M | $231.8M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,766.8 | −0.032% | $44.2M | $162.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,767.8 | +0.023% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,765.5 | −0.110% | $10K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,767.6 | +0.012% | $275K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,766.9 | −0.028% | $14K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,767.5 | +0.005% | $806 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,768.1 | +0.042% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,767.8 | +0.024% | $2.8M | $1.1M | 50x | as long as short |
| edgeX SNDKUSDC | +0.0008% | 4h | 1,764.2 | −0.178% | $560K | $352K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,767.2 | −0.010% | $658 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0023% | 1h | 1,763 | −0.251% | — | $582K | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,767.4 | +0.003% | $1.7M | $16.0M | 20x | as long as short |
| Lighter RH SNDKlong | +0.0032% | 1h | 1,767.4 | long leg | $1.3M | $9.6M | 10x | |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,765.9 | −0.083% | $424K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.843% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,765.8 | −0.088% | $262K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDTshort | +0.0048% | 1h | 1,766.8 | −0.033% | $243K | $654K | 20x | |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,766.7 | −0.040% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,766.7 | −0.039% | $117.1M | $153.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,766.2 | −0.067% | $185K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,766.8 | −0.031% | $722K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,766.6 | −0.045% | $1.4M | $5.1M | 5x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0055% | 1h | 1,768.2 | +0.047% | $51K | $346K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,768 | +0.032% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,767 | −0.023% | $197K | $296K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,765.9 | −0.084% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,767 | −0.020% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,768.8 | +0.077% | $128K | $355K | 20x | as long as short |
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
edgeX SNDKUSDC
Aftermath Perps SNDKUSD
Vest SNDK-USD-PERP
Lighter SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Deribit SNDK_USDC-PERPETUAL
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD