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

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter RH against Ondo Perps+0.032%7-day average −0.012% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 days+0.011%+$1 · spread now +0.032%, 7d avg −0.012%
Together, before fees−0.007%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.044% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.012%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.0 days. At the pace of the last 7 days (−0.018% in total) that is about 17 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SNDK-USD.P1,790.60.0050pay 0.0006% / 1h7m 51s$1.4M$5.1M5x
ShortLighter RH SNDK1,791.20.0032get 0.0004% / 1h7m 51s$1.4M$9.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Ondo Perps. 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
−$3.86
Price spread: +0.032% → −0.012%
$4.4
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$4.47
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Lighter RH live order book, 6 min ago0.59 bp1.8 bp −$23.5 bp −$3533.1 bp −$3,314doesn't fit
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SNDK on 40 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
BloFin SNDK-USDT−0.0120%8h1,790.6−0.003%$4.0M$4.4M75xas long as short
Phoenix SNDK−0.0089%1h1,790.60.000%$279K$193K15xas long as short
Nado SNDK-PERP−0.0068%1h1,791+0.024%$349K$1.5M10xas long as short
Entropy io:SNDK−0.0044%1h1,790.2−0.022%$4.9M$19.8M10xas long as short
QFEX SNDK-USD−0.0033%1h1,790.4−0.011%$1.4M$13.1M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0032%1h1,791.2+0.035%$437K$2.3M10xas long as short
KuCoin SNDKUSDTM−0.0018%8h1,789.9−0.037%$6.1M$22.3M20xas long as short
Aster SNDKUSD10.0000%8h1,790.9+0.016%$21.8M$35.8M20xas long as short
Binance SNDKUSDT0.0000%8h1,790.6+0.003%$285.8M$1.80B75xas long as short
Bybit SNDKUSDT0.0000%8h1,791.2+0.033%$32.7M$100.5M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,790.5−0.006%$83.9M$827.2M75xas long as short
RISEx SNDK/USDC0.0000%1h1,791.5+0.053%$171K$1.7M20xas long as short
Gate SNDK_USDT0.0000%8h1,790.6−0.003%$180.3M$231.1M75xas long as short
Bitget SNDKUSDT0.0000%8h1,790.4−0.009%$44.0M$161.7M75xas long as short
Variational Omni SNDK0.0000%8h1,790.2−0.023%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,790.60.000%$14K$1.4M10xas long as short
Bullet SNDK-USD0.0000%1h1,790.4−0.011%$13K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,789.1−0.084%$964$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,790.8+0.012%$51K$345K10xas long as short
HTX SNDK-USDT0.0000%8h1,790.1−0.026%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,790.5−0.007%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0004%1h1,790.5−0.006%$697$38K5xas long as short
Lighter SNDK+0.0032%1h1,791.6+0.053%$1.7M$15.8M20xas long as short
Lighter RH SNDKshort+0.0032%1h1,791.2+0.032%$1.4M$9.5M10x
Extended SNDK_24_5-USD+0.0032%1h1,790.5−0.006%$451K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.523%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,789.2−0.080%$278K$1.4M10xas long as short
Kraken Futures PF_SNDKUSD+0.0044%1h1,790.9+0.016%$130K$352K20xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,790.3−0.016%$581K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,790.3−0.017%$247K$648K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,790.3−0.014%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,790.9+0.017%$118.7M$149.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,790.1−0.028%$188K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,790.4−0.013%$732K$514K10xas long as short
Ondo Perps SNDK-USD.Plong+0.0050%1h1,790.6long leg$1.4M$5.1M5x
Aevo SNDK-PERP+0.0080%1h1,790.2−0.024%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,790.6−0.001%$199K$287K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,791.4+0.042%$69K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,790−0.033%$8K$3K20xas long as short
edgeX SNDKUSDC+0.0687%4h1,790.1−0.027%$569K$351K10xas long as short