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

FF

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0332%/8h= −36.4% APRpaid last 24h −0.068%
Price spread now: SunX against Lighter−0.431%7-day average −0.110% · you buy dearer than you sell
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−0.302%−$30 on $10k
Price spread, last 4 days (all we have)+0.671%+$67 · spread now −0.431%, 7d avg −0.110%
Together, before fees+0.368%+ Points / potential airdropLighter: Season 3 · farm board+$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 0.321% cheaper against Lighter than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of −0.110%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter FF0.12760.0432pay 0.0054% / 1h3m 15s$135K$32K3x
ShortSunX FF-USDT0.12700.0100get 0.0050% / 4h3m 15s$1K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Lighter. 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
−$69.72
Price spread: −0.431% → −0.110%
−$32.13
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$109.85
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 36 min ago; SunX: live order book, 10 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 Lighter live order book, 36 min ago5.50 bp43.3 bp −$43128.2 bp −$1,282doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago500.75 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

FF on 11 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 FF-USDT−0.0092%4h0.1271−0.353%$2.3M$140K20xas long as short
MEXC FF_USDT−0.0066%4h0.1272−0.345%$10.1M$700K50xas long as short
Binance FFUSDT−0.0064%4h0.1272−0.345%$43.0M$17.2M20xas long as short
Aster FFUSDT+0.0100%4h0.1272−0.283%$1.2M$26K5xas long as short
Bybit FFUSDT+0.0100%4h0.1272−0.306%$14.4M$4.3M20xas long as short
KuCoin FFUSDTM+0.0100%4h0.1273−0.212%$8.5M$4.5M20xas long as short
Bitget FFUSDT+0.0100%4h0.1272−0.282%$18.5M$1.0M5xas long as short
BingX FF-USDT+0.0100%4h0.1272−0.298%$6.7Mas long as short
SunX FF-USDTshort+0.0100%4h0.1270−0.431%$1K$1.1M20x
Gate FF_USDT+0.0196%4h0.1273−0.196%$26.8M$1.4M50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FFlong+0.0432%1h0.1276long leg$135K$32K3x