Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.146%
Price spread now: SunX against Binance−0.056%7-day average −0.163% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.676%−$68 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.056%, 7d avg −0.163%
=The price spread pays, funding is against you. SunX is 0.106% dearer against Binance than usual: you sell high and buy low (spread −0.056% now, against its 7-day average of −0.163%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.5 days. At the pace of the last 7 days (−0.676% in total) that is about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LIGHTUSDT | 0.1772 | 0.0200 | pay 0.0100% / 4h | 1h 31m | $4.1M | $2.4M | 10x |
| Short | SunX LIGHT-USDT | 0.1771 | 0.0100 | get 0.0050% / 4h | 1h 31m | $2K | $1.1M | 20x |
Binance LIGHTUSDT
SunX LIGHT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Binance. 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
- −$21
- Price spread: −0.056% → −0.163%
- $10.62
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$28.38
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 13 min ago; SunX: 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 Binance live order book, 13 min ago | 2.81 bp | 32.0 bp −$32 | 286.9 bp −$2,869 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 505.33 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
LIGHT on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LIGHTUSDT | +0.0100% | 4h | 0.1772 | +0.012% | $21K | $3K | 5x | as long as short |
| OKX LIGHT-USDT-SWAP | +0.0100% | 4h | 0.1772 | 0.000% | $869K | $1.0M | 10x | as long as short |
| Gate LIGHT_USDT | +0.0100% | 8h | 0.1771 | −0.056% | $2.2M | $432K | 10x | as long as short |
| KuCoin LIGHTUSDTM | +0.0100% | 4h | 0.1771 | −0.051% | $1.9M | $2.4M | 10x | as long as short |
| SunX LIGHT-USDTshort | +0.0100% | 4h | 0.1771 | −0.056% | $2K | $1.1M | 20x | |
| Binance LIGHTUSDTlong | +0.0200% | 4h | 0.1772 | long leg | $4.1M | $2.4M | 10x | |
| MEXC LIGHT_USDT | +0.0202% | 4h | 0.1772 | 0.000% | $1.5M | $300K | 50x | as long as short |
| BloFin LIGHT-USDT | +0.0226% | 4h | 0.1779 | +0.395% | $240K | $11K | 10x | as long as short |
| Bybit LIGHTUSDT | +0.0266% | 4h | 0.1770 | −0.130% | $2.1M | $331K | 13x | as long as short |
Aster LIGHTUSDT
OKX LIGHT-USDT-SWAP
Gate LIGHT_USDT
KuCoin LIGHTUSDTM
MEXC LIGHT_USDT
BloFin LIGHT-USDT
Bybit LIGHTUSDT