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

FF

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.067%
Price spread now: Lighter against SunX+0.354%7-day average +0.091% · you sell dearer than you buy
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+0.284%+$28 on $10k
Price spread, last 3 days (all we have)−0.603%−$60 · spread now +0.354%, 7d avg +0.091%
Together, before fees−0.319%+ Points / potential airdropLighter: Season 3 · farm board−$32 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 0.262% dearer against SunX than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of +0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX FF-USDT0.12730.0100pay 0.0050% / 4h1h 44m$2K$2.8M20x
ShortLighter FF0.12770.0096get 0.0012% / 1h44m 11s$135K$65K3x

Funding 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 it
latest
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: +0.354% → +0.091%
$26.21
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
$17.37
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SunX: live order book, 3 min ago; Lighter: live order book, 29 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 SunX live order book, 3 min ago500.59 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 29 min ago7.05 bp16.5 bp −$1688.2 bp −$882doesn'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
Binance FFUSDT−0.0200%4h0.1273+0.023%$43.0M$51.3M20xas long as short
MEXC FF_USDT−0.0198%4h0.1273+0.047%$10.0M$3.6M50xas long as short
BloFin FF-USDT−0.0188%4h0.1272−0.016%$2.3M$442K20xas long as short
Bybit FFUSDT+0.0040%4h0.1273+0.047%$14.3M$13.0M20xas long as short
Lighter FFshort+0.0096%1h0.1277+0.354%$135K$65K3x
Aster FFUSDT+0.0100%4h0.1274+0.126%$1.2M$33K5xas long as short
Gate FF_USDT+0.0100%4h0.1275+0.204%$26.9M$3.5M50xas long as short
KuCoin FFUSDTM+0.0100%4h0.1276+0.283%$8.6M$6.7M20xas long as short
Bitget FFUSDT+0.0100%4h0.1275+0.181%$18.5M$4.8M5xas long as short
BingX FF-USDT+0.0100%4h0.1274+0.079%$7.1Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX FF-USDTlong+0.0100%4h0.1273long leg$2K$2.8M20x