LIGHT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0274%/8h= −30.0% APRnext payment −$1.37 per $10,000 · paid last 24h −0.185%

Price spread now: SunX against MEXC−0.166%7-day average −0.137% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.660%−$66 on $10k

Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.166%, 7d avg −0.137%

Together, before fees−0.464%−$46 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and SunX is 0.029% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.137%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LIGHT_USDT	0.1806	0.0374	pay 0.0187% / 4h	26m 40s	$1.4M	$291K	50x
Short	SunX LIGHT-USDT	0.1803	0.0100	get 0.0050% / 4h	26m 40s	$1K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee SunXbpOrdersPrice spread, now −0.166%Rate

Funding earned: −$57.54
Price spread: −0.166% → −0.137%: −$2.94
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$68.48
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 5 min ago; SunX: live order book, 8 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 MEXC live order book, 5 min ago	2.77 bp	32.7 bp −$33	150.0 bp −$1,500	264.9 bp −$26.5K	doesn't fit
Sell SunX live order book, 8 min ago	504.99 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	0.1807	+0.055%	$897K	$1.3M	10x	as long as short
Gate LIGHT_USDT	+0.0100%	8h	0.1806	0.000%	$2.3M	$564K	10x	as long as short
SunX LIGHT-USDTshort	+0.0100%	4h	0.1803	−0.166%	$1K	$1.4M	20x
Aster LIGHTUSDT	+0.0253%	4h	0.1806	−0.021%	$22K	$6K	5x	as long as short
KuCoin LIGHTUSDTM	+0.0256%	4h	0.1804	−0.122%	$2.0M	$2.5M	10x	as long as short
BloFin LIGHT-USDT	+0.0334%	4h	0.1805	−0.055%	$237K	$17K	10x	as long as short
MEXC LIGHT_USDTlong	+0.0374%	4h	0.1806	long leg	$1.4M	$291K	50x
Binance LIGHTUSDT	+0.0374%	4h	0.1807	+0.040%	$4.1M	$3.1M	10x	as long as short
Bybit LIGHTUSDT	+0.0460%	4h	0.1806	+0.011%	$2.2M	$608K	13x	as long as short