Funding you earn now, next payment 08:00 UTC−0.0177%/8h= −19.4% APRnext payment −$0.89 per $10,000 · paid last 24h −0.216%
Price spread now: SunX against Bybit−0.289%7-day average −0.099% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.566%−$57 on $10k
+Price spread, last 4 days (all we have)+0.320%+$32 · spread now −0.289%, 7d avg −0.099%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.191% cheaper against Bybit than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.099%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LIGHTUSDT | 0.1832 | 0.0277 | pay 0.0139% / 4h | 1h 59m | $2.2M | $622K | 13x |
| Short | SunX LIGHT-USDT | 0.1827 | 0.0100 | get 0.0050% / 4h | 1h 59m | $1K | $1.5M | 20x |
Bybit LIGHTUSDT
SunX LIGHT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bybit. 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
- −$37.21
- Price spread: −0.289% → −0.099%
- −$19.06
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$75.27
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; SunX: live order book, 5 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 Bybit live order book, 2 min ago | 5.19 bp | 152.0 bp −$152 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 498.36 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
LIGHT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX LIGHT-USDT-SWAP | +0.0100% | 4h | 0.1834 | +0.093% | $904K | $1.4M | 10x | as long as short |
| Gate LIGHT_USDT | +0.0100% | 8h | 0.1829 | −0.180% | $2.3M | $565K | 10x | as long as short |
| KuCoin LIGHTUSDTM | +0.0100% | 4h | 0.1829 | −0.158% | $2.0M | $2.5M | 10x | as long as short |
| SunX LIGHT-USDTshort | +0.0100% | 4h | 0.1827 | −0.289% | $1K | $1.5M | 20x | |
| Aster LIGHTUSDT | +0.0167% | 4h | 0.1829 | −0.194% | $22K | $6K | 5x | as long as short |
| BloFin LIGHT-USDT | +0.0262% | 4h | 0.1831 | −0.071% | $240K | $15K | 10x | as long as short |
| Bybit LIGHTUSDTlong | +0.0277% | 4h | 0.1832 | long leg | $2.2M | $622K | 13x | |
| Binance LIGHTUSDT | +0.0281% | 4h | 0.1830 | −0.131% | $4.2M | $3.2M | 10x | as long as short |
| MEXC LIGHT_USDT | +0.0284% | 4h | 0.1829 | −0.180% | $1.4M | $313K | 50x | as long as short |
OKX LIGHT-USDT-SWAP
Gate LIGHT_USDT
KuCoin LIGHTUSDTM
Aster LIGHTUSDT
BloFin LIGHT-USDT
Binance LIGHTUSDT
MEXC LIGHT_USDT