Funding you earn now, next payment 04:00 UTC+0.0456%/8h= +50.0% APRnext payment +$2.28 per $10,000 · paid last 24h +0.188%
Price spread now: Binance against SunX+0.253%56s7-day average +0.160% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.663%+$66 on $10k
+Price spread, last 4 days (all we have)−0.430%−$43 · spread now +0.253%, 7d avg +0.160%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Binance is 0.093% dearer against SunX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.160%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX LIGHT-USDT | 0.1814 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $2K | $1.5M | 20x |
| Short | Binance LIGHTUSDT | 0.1819 | 0.0557 | get 0.0278% / 4h | 1h 19m | $4.2M | $3.1M | 10x |
SunX LIGHT-USDT
Binance LIGHTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $95.87
- Price spread: +0.253% → +0.160%
- $9.35
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $87.21
- Costs to cover
- 0.180%
- Break-even
- 0.6 days
Slippage unknown: SunX: live order book, 5 min ago; Binance: live order book, 2 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 SunX live order book, 5 min ago | 499.17 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.76 bp | 36.0 bp −$36 | 169.7 bp −$1,697 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIGHT_USDT | +0.0100% | 8h | 0.1818 | +0.221% | $2.3M | $561K | 10x | as long as short |
| SunX LIGHT-USDTlong | +0.0100% | 4h | 0.1814 | long leg | $2K | $1.5M | 20x | |
| OKX LIGHT-USDT-SWAP | +0.0191% | 4h | 0.1819 | +0.276% | $900K | $1.3M | 10x | as long as short |
| KuCoin LIGHTUSDTM | +0.0336% | 4h | 0.1815 | +0.033% | $2.0M | $2.5M | 10x | as long as short |
| Aster LIGHTUSDT | +0.0427% | 4h | 0.1816 | +0.118% | $22K | $6K | 5x | as long as short |
| BloFin LIGHT-USDT | +0.0507% | 4h | 0.1814 | 0.000% | $237K | $18K | 10x | as long as short |
| MEXC LIGHT_USDT | +0.0556% | 4h | 0.1817 | +0.165% | $1.4M | $288K | 50x | as long as short |
| Binance LIGHTUSDTshort | +0.0557% | 4h | 0.1819 | +0.253% | $4.2M | $3.1M | 10x | |
| Bybit LIGHTUSDT | +0.0698% | 4h | 0.1816 | +0.110% | $2.2M | $609K | 13x | as long as short |
Gate LIGHT_USDT
OKX LIGHT-USDT-SWAP
KuCoin LIGHTUSDTM
Aster LIGHTUSDT
BloFin LIGHT-USDT
MEXC LIGHT_USDT
Bybit LIGHTUSDT