Funding arb · Price arb /

SNDK

RWAall SNDK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against SunX+0.070%7-day average +0.056% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 3 days (all we have)+0.008%+$1 · spread now +0.070%, 7d avg +0.056%

Together, before fees+0.067%+ Points / potential airdropLighter RH: Points live · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNDK-USDT	1,774.8	0	get 0.0000% / 8h	14m 04s	$845	$3.9M	20x
Short	Lighter RH SNDK	1,776	0.0032	get 0.0004% / 1h	14m 04s	$1.3M	$10.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against SunX. 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 SunXbpFee Lighter RHbpOrdersPrice spread, now +0.070%Rate

Funding earned: $6.72
Price spread: +0.070% → +0.056%: $1.4
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $0.12
Costs to cover: 0.080%
Break-even: 6.9 days

Slippage unknown: SunX: live order book, 4 min ago; Lighter RH: live order book, 5 min ago. Net counts fees only.

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 SunX live order book, 4 min ago	582.71 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 5 min ago	1.46 bp	1.6 bp −$2	3.5 bp −$35	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	1,776.6	+0.105%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0084%	1h	1,776.3	+0.087%	$4.6M	$20.4M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,776.2	+0.083%	$2.2M	$21.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,777	+0.128%	$21.8M	$46.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,775.8	+0.060%	$283.5M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,776.1	+0.074%	$31.6M	$105.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,775.8	+0.059%	$86.8M	$844.9M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,775.7	+0.055%	$183.8M	$240.1M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,775.4	+0.035%	$47.8M	$171.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,777.7	+0.164%	$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	+0.177%	$12K	$1.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,777.6	+0.160%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,776	+0.070%	$15K	$291K	10x	as long as short
SunX SNDK-USDTlong	0.0000%	8h	1,774.8	long leg	$845	$3.9M	20x
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,776.4	+0.094%	$50K	$303K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,775.8	+0.057%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,775.8	+0.057%	$2.8M	$1.0M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,777.4	+0.147%	$671	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,777.4	+0.148%	$174K	$1.8M	20x	as long as short
Lighter RH SNDKshort	+0.0032%	1h	1,776	+0.070%	$1.3M	$10.0M	10x
Extended SNDK_24_5-USD	+0.0032%	1h	1,776	+0.069%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.420%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,775.8	+0.059%	$285K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,776.2	+0.081%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,776.5	+0.098%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,775.9	+0.064%	$113.2M	$151.9M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,775.6	+0.047%	$203K	$124K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,775.6	+0.046%	$726K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,776.4	+0.093%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,777	+0.126%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,775.8	+0.060%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,779	+0.240%	$441K	$2.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,776.5	+0.096%	$211K	$281K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,776.9	+0.123%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,778.2	+0.191%	$68K	$268K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,776.2	+0.078%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0120%	1h	1,776.4	+0.095%	$1.6M	$16.4M	20x	as long as short
Nado SNDK-PERP	+0.0165%	1h	1,776.3	+0.089%	$355K	$1.4M	10x	as long as short
edgeX SNDKUSDC	+0.0394%	4h	1,777.5	+0.155%	$565K	$356K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0456%	1h	1,776.5	+0.096%	$129K	$406K	20x	as long as short