Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against SunX−0.004%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$460.463% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 3 days (all we have)+0.043%+$4 · spread now −0.004%, 7d avg −0.054%
=Together, before fees−0.027%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.049% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BNB-USDT | 802.22 | 0.0100 | pay 0.0100% / 8h | 57m 44s | $13K | $1.7M | 50x |
| Short | Lighter BNB | 802.18 | 0.0096 | get 0.0012% / 1h | 57m 44s | $2.8M | $4.1M | 20x |
SunX BNB-USDT
Lighter BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- −$0.84
- Price spread: −0.004% → −0.054%
- $4.94
- Slippage, 4 orders
- −$38.32
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$42.23
- Costs to cover
- 0.463%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 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 SunX live order book, 7 min ago | 15.06 bp | 21.6 bp −$22 | 29.3 bp −$293 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 0.65 bp | 0.6 bp −$1 | 3.4 bp −$34 | 13.9 bp −$1,389 | 66.4 bp −$33.2K |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0201% / S +0.0372% | 1h | 801.85 | −0.046% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 802.08 | −0.017% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 801.59 | −0.079% | $2.6M | $969K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 800.99 | −0.153% | $3.0M | $28.4M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 802.01 | −0.026% | $867K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 801.90 | −0.039% | $9.8M | — | 150x | as long as short |
| Variational Omni BNB | +0.0031% | 8h | 800.04 | −0.271% | $4.2M | $5.4M | — | as long as short |
| BingX BNB-USDC | +0.0052% | 8h | 802.06 | −0.020% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0066% | 8h | 801.46 | −0.095% | $139.3M | $78.6M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 800.72 | −0.187% | $607K | $998K | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNBshort | +0.0096% | 1h | 802.18 | −0.004% | $2.8M | $4.1M | 20x | |
| Nado BNB-PERP | +0.0100% | 1h | 801.96 | −0.032% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 802.00 | −0.028% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 801.60 | −0.077% | $54.8M | $113.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 802.50 | +0.035% | $53K | $134K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 801.45 | −0.096% | $35.8M | $57.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 801.87 | −0.044% | $28.0M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 801.55 | −0.083% | $79.7M | $27.3M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 800.55 | −0.208% | $4.2M | $77.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 800.56 | −0.207% | $161K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 802.24 | +0.003% | $119K | $874K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 801.93 | −0.036% | $388K | $489K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 802.07 | −0.018% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDTlong | +0.0100% | 8h | 802.22 | long leg | $13K | $1.7M | 50x | |
| HTX BNB-USDT | +0.0100% | 8h | 801.95 | −0.034% | $8.2M | $7.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 802.56 | +0.043% | $78K | $19K | 50x | as long as short |
| Aster BNBUSDT | +0.0100% | 8h | 802.64 | +0.052% | $6.4M | $19.0M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 801.44 | −0.097% | $1.9M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 802.18 | −0.004% | $385K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0114% | 8h | 802.39 | +0.021% | $70.2M | $51.1M | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0117% | 8h | 802.40 | +0.023% | $109K | $2.9M | 4.8x | as long as short |
| MEXC BNB_USDT | +0.0120% | 8h | 802.90 | +0.085% | $83.4M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0121% | 8h | 802.55 | +0.041% | $502.2M | $819.4M | 75x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 800.77 | −0.181% | $172K | $34K | 10x | as long as short |
| BloFin BNB-USDT | +0.0241% | 8h | 801.83 | −0.048% | $18.2M | $2.5M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0248% | 1h | 801.14 | −0.135% | $71K | $48K | 12x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 802.33 | +0.014% | $1.1M | $1.4M | 20x | as long as short |
| SoDEX BNB-USD | +0.0287% | 1h | 801.90 | −0.040% | $394K | $1.0M | 10x | as long as short |
| Bulk BNB-USD | +0.0289% | 1h | 801.15 | −0.133% | $651K | $20K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 802.36 | +0.017% | $1.6M | $165K | 25x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.358% | $19K | $789K | 30x | as long as short |
| Reya BNBRUSDPERP | +0.0332% | 1h | 801.83 | −0.049% | $6K | $3K | 40x | as long as short |
| Hyperliquid BNB | +0.0337% | 1h | 802.57 | +0.044% | $51.9M | $21.6M | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0431% | 1h | 802.42 | +0.025% | $2.7M | $5.7M | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0432% | 1h | 803.13 | +0.114% | $28K | $1K | 10x | as long as short |
| dYdX BNB-USD | +0.0465% | 1h | 801.56 | −0.083% | $162K | $62K | 10x | as long as short |
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
HTX BNB-USDT
Paradex BNB-USD-PERP
Aster BNBUSDT
Extended BNB-USD
Aevo BNB-PERP
Phemex BNBUSDT
Kalshi KXBNBPERP
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
BloFin BNB-USDT
Hibachi BNB/USDT-P
RISEx BNB/USDC
SoDEX BNB-USD
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Injective BNB/USDC PERP
Reya BNBRUSDPERP
Hyperliquid BNB
Backpack BNB_USDC_PERP
01 Exchange BNBUSD
dYdX BNB-USD