SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.004%

Price spread now: Lighter against tradeXYZ+0.120%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$210.211% of the position

Long on tradeXYZ Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.077%+$8 on $10k

Price spread, last 7 days−0.068%−$7 · spread now +0.120%, 7d avg +0.025%

Together, before fees+0.009%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter is 0.094% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.120% now, against its 7-day average of +0.025%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SNDK	1,747.7	0.0050	pay 0.0006% / 1h	34m 03s	$118.4M	$158.6M	10x
Short	Lighter SNDK	1,749.8	0.0032	get 0.0004% / 1h	34m 03s	$1.7M	$16.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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 tradeXYZbpFee LighterbpOrdersPrice spread, now +0.120%Rate

Funding earned: −$3.78
Price spread: +0.120% → +0.025%: $9.42
Slippage, 4 orders: −$3.14
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Lighter: 0 bp × 2 orders: $0
Net: −$15.51
Costs to cover: 0.211%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 5 min ago; Lighter: live order book, 5 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 tradeXYZ live order book, 5 min ago	0.29 bp	9.3 bp −$9	10.7 bp −$107	13.8 bp −$1,379	doesn't fit
Sell Lighter live order book, 5 min ago	1.20 bp	1.2 bp −$1	2.3 bp −$23	40.2 bp −$4,017	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
GRVT SNDK_USDT_Perp	−0.0845%	8h	1,750.4	+0.155%	$21K	$2.2M	10x	as long as short
HTX SNDK-USDT	−0.0359%	8h	1,750	+0.130%	$1.4M	$10.6M	50x	as long as short
Bitget SNDKUSDT	−0.0245%	8h	1,748.1	+0.023%	$49.4M	$167.2M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,749.5	+0.101%	$4.0M	$4.5M	75x	as long as short
Nado SNDK-PERP	−0.0075%	1h	1,749.8	+0.123%	$332K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0044%	8h	1,748.5	+0.046%	$6.0M	$22.5M	20x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,747	−0.041%	$1.4M	$9.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,749.8	+0.122%	$21.3M	$32.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,748.5	+0.045%	$279.6M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,748.6	+0.049%	$31.6M	$104.3M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,748.2	+0.029%	$81.8M	$821.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,748.5	+0.045%	$135K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,748.9	+0.068%	$178.3M	$218.3M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,748.8	+0.064%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,751.1	+0.195%	$273K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,747.6	−0.006%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,747.8	+0.003%	$790	$3.3M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,751.1	+0.194%	$50K	$360K	10x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,750.3	+0.148%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0006%	1h	1,745.4	−0.130%	—	$577K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,751.5	+0.216%	$727	$38K	5x	as long as short
Lighter SNDKshort	+0.0032%	1h	1,749.8	+0.120%	$1.7M	$16.4M	20x
Lighter RH SNDK	+0.0032%	1h	1,749.3	+0.092%	$1.3M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,750	+0.132%	$444K	$2.0M	10x	as long as short
Entropy io:SNDK	+0.0032%	1h	1,750	+0.132%	$4.5M	$19.5M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.990%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,746.4	−0.073%	$249K	$1.5M	10x	as long as short
Paradex SNDK-USD-PERP	+0.0047%	8h	1,748.9	+0.067%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,747	−0.040%	$240K	$630K	20x	as long as short
tradeXYZ xyz:SNDKlong	+0.0050%	1h	1,747.7	long leg	$118.4M	$158.6M	10x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,746.5	−0.069%	$183K	$127K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,748.7	+0.059%	$715K	$521K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,749.3	+0.092%	$1.3M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,747.4	−0.016%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,748.7	+0.055%	$196K	$310K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,751.6	+0.222%	$67K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,749.5	+0.104%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,749.6	+0.110%	$425K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0127%	4h	1,751.2	+0.200%	$556K	$350K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0286%	1h	1,749	+0.074%	$127K	$344K	20x	as long as short