Funding you earn now, next payment 05:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Vest+0.273%7-day average −0.732% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.249%−$25 · spread now +0.273%, 7d avg −0.732%
=Together, before fees−0.276%+ Points / potential airdropVest: Active · Lighter: Season 3 · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Lighter is 1.004% dearer against Vest than usual: you sell high and buy low: +$100 more if the spread goes back to its 7-day average of −0.732%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SNDK-USD-PERP | 1,764.3 | 0.0022 | pay 0.0003% / 1h | 4m 16s | — | $591K | 10x |
| Short | Lighter SNDK | 1,769.1 | 0.0032 | get 0.0004% / 1h | 4m 16s | $1.8M | $16.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Vest. 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
- $2.1
- Price spread: +0.273% → −0.732%
- $100.44
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $100.54
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Lighter: live order book, 4 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 Vest no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 0.82 bp | 0.8 bp −$1 | 0.9 bp −$9 | 35.2 bp −$3,524 | doesn't fit |
Vest: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,766.5 | +0.125% | $3.9M | $4.4M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0046% | 8h | 1,767.9 | +0.203% | $6.1M | $22.1M | 20x | as long as short |
| Entropy io:SNDK | −0.0029% | 1h | 1,766.4 | +0.120% | $4.8M | $19.8M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,766.9 | +0.150% | $1.4M | $11.9M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,767.2 | +0.166% | $433K | $2.3M | 10x | as long as short |
| Nado SNDK-PERP | −0.0002% | 1h | 1,767.8 | +0.201% | $340K | $1.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,768.8 | +0.256% | $21.6M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,768.4 | +0.233% | $280.5M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,768.7 | +0.252% | $31.8M | $102.3M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,768.7 | +0.251% | $82.0M | $828.8M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,768.4 | +0.232% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,767.8 | +0.202% | $177.4M | $231.9M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,768.3 | +0.229% | $44.2M | $162.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,767.8 | +0.199% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,765.5 | +0.067% | $10K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,767.6 | +0.188% | $275K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,768 | +0.211% | $14K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,767.4 | +0.176% | $774 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,767.8 | +0.198% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,768.4 | +0.235% | $2.8M | $1.1M | 50x | as long as short |
| edgeX SNDKUSDC | +0.0008% | 4h | 1,764.2 | −0.002% | $560K | $352K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,767.8 | +0.197% | $658 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERPlong | +0.0022% | 1h | 1,764.3 | long leg | — | $591K | 10x | |
| Lighter SNDKshort | +0.0032% | 1h | 1,769.1 | +0.273% | $1.8M | $16.1M | 20x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,768.5 | +0.236% | $1.3M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,768.3 | +0.227% | $424K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.022% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,765.9 | +0.091% | $262K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,767.5 | +0.183% | $244K | $654K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,766.9 | +0.147% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,768.1 | +0.217% | $117.2M | $153.3M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,767.3 | +0.171% | $185K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,767.3 | +0.173% | $722K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,766.9 | +0.149% | $1.4M | $5.1M | 5x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0078% | 1h | 1,768.3 | +0.230% | $51K | $346K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,767.9 | +0.203% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,767 | +0.154% | $197K | $296K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,765.9 | +0.092% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,767.1 | +0.161% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,768.4 | +0.231% | $128K | $355K | 20x | as long as short |
Lighter SNDK
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
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
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Deribit SNDK_USDC-PERPETUAL
Pacifica SNDK
ApeX Omni SNDKUSDT
Kraken Futures PF_SNDKUSD