Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.017%
Price spread now: Lighter RH against OKX+0.039%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$130.127% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 7 days−0.043%−$4 · spread now +0.039%, 7d avg −0.020%
Together, before fees−0.097%+ Points / potential airdropLighter RH: Points live · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.059% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SNDK-USDT-SWAP1,786.10get 0.0000% / 8h5h 49m$85.5M$821.9M75x
ShortLighter RH SNDK1,786.80.0032get 0.0004% / 1h49m 38s$1.4M$9.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against OKX. 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

Funding earned
$6.72
Price spread: +0.039% → −0.020%
$5.88
Slippage, 4 orders
−$2.73
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$0.13
Costs to cover
0.127%
Break-even
7.1 days
Slippage from OKX: live order book, 5 min ago; Lighter RH: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago0.28 bp5.3 bp −$55.7 bp −$5710.2 bp −$1,01948.2 bp −$24.1K
Sell Lighter RH live order book, 4 min ago0.03 bp0.1 bp $01.8 bp −$1832.8 bp −$3,279doesn't fit

SNDK on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SNDK_USDC-PERPETUAL−0.0114%1h1,785.8−0.015%$51K$333K10xas long as short
Phoenix SNDK−0.0090%1h1,786.5+0.022%$278K$193K15xas long as short
Entropy io:SNDK−0.0044%1h1,786−0.006%$4.9M$20.3M10xas long as short
Nado SNDK-PERP−0.0031%1h1,786.8+0.038%$359K$1.4M10xas long as short
QFEX SNDK-USD−0.0023%1h1,785.8−0.016%$1.6M$15.1M10xas long as short
Aster SNDKUSD10.0000%8h1,786.2+0.007%$21.8M$37.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,785.9−0.013%$285.8M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,786.5+0.021%$32.1M$99.6M100xas long as short
OKX SNDK-USDT-SWAPlong0.0000%8h1,786.1long leg$85.5M$821.9M75x
RISEx SNDK/USDC0.0000%1h1,786.8+0.037%$170K$1.8M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNDK_USDT0.0000%8h1,786−0.007%$180.2M$230.5M75xas long as short
Bitget SNDKUSDT0.0000%8h1,786.1−0.001%$43.8M$163.4M75xas long as short
Variational Omni SNDK0.0000%8h1,785.5−0.035%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,785.8−0.017%$21K$1.2M10xas long as short
Bullet SNDK-USD0.0000%1h1,785.7−0.022%$15K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,784.9−0.068%$859$3.6M20xas long as short
HTX SNDK-USDT0.0000%8h1,785.1−0.056%$1.4M$10.8M50xas long as short
Phemex SNDKUSDT0.0000%8h1,785.6−0.030%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0004%1h1,786.2+0.006%$665$37K5xas long as short
Coinbase International SNDK-PERP-INTX+0.0024%1h1,786−0.008%$439K$2.3M10xas long as short
tradeXYZ xyz:SNDK+0.0026%1h1,786.10.000%$114.5M$145.6M10xas long as short
Lighter SNDK+0.0032%1h1,787.1+0.057%$1.7M$16.0M20xas long as short
Lighter RH SNDKshort+0.0032%1h1,786.8+0.039%$1.4M$9.4M10x
Extended SNDK_24_5-USD+0.0032%1h1,786.8+0.039%$477K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.776%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,784.7−0.078%$311K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,785.7−0.020%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,786−0.006%$246K$645K20xas long as short
Paradex SNDK-USD-PERP+0.0048%8h1,785.9−0.011%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,785.5−0.034%$187K$134K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,785.6−0.029%$730K$515K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,785.9−0.011%$1.4M$5.1M5xas long as short
Kraken Futures PF_SNDKUSD+0.0058%1h1,786.2+0.008%$130K$352K20xas long as short
Aevo SNDK-PERP+0.0080%1h1,785.3−0.047%$1K10xas long as short
Pacifica SNDK+0.0094%1h1,786.2+0.008%$199K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,785.8−0.017%$6.1M$21.7M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,786.2+0.004%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,785.1−0.056%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0374%4h1,785.6−0.026%$567K$352K10xas long as short