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

LIGHT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0251%/8h= +27.5% APRnext payment +$1.26 per $10,000 · paid last 24h +0.187%
Price spread now: BloFin against SunX+0.111%55s7-day average +0.163% · 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+0.650%+$65 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.111%, 7d avg +0.163%
Together, before fees+0.657%+$66 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.052% cheaper against SunX than usual: you would sell low and buy high (spread +0.111% now, against its 7-day average of +0.163%). If the spread goes back, that is −$5 on $10k: about 17 hours of funding at the current rate (+$8 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LIGHT-USDT0.18070.0100pay 0.0050% / 4h30m 09s$2K$1.4M20x
ShortBloFin LIGHT-USDT0.18090.0351get 0.0176% / 4h30m 09s$238K$18K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$52.81
Price spread: +0.111% → +0.163%
−$5.19
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$27.62
Costs to cover
0.200%
Break-even
3.3 days
Slippage unknown: SunX: live order book, 5 min ago; BloFin: live order book, 68 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, 5 min ago504.99 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 68 min ago5.57 bp34.3 bp −$3495.1 bp −$951doesn't fitdoesn't fit

LIGHT on 9 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
OKX LIGHT-USDT-SWAP+0.0100%4h0.1810+0.166%$898K$1.3M10xas long as short
Gate LIGHT_USDT+0.0100%8h0.1809+0.111%$2.3M$563K10xas long as short
SunX LIGHT-USDTlong+0.0100%4h0.1807long leg$2K$1.4M20x
Aster LIGHTUSDT+0.0267%4h0.1808+0.059%$22K$6K5xas long as short
KuCoin LIGHTUSDTM+0.0268%4h0.1807−0.006%$2.0M$2.5M10xas long as short
BloFin LIGHT-USDTshort+0.0351%4h0.1809+0.111%$238K$18K10x
Binance LIGHTUSDT+0.0383%4h0.1809+0.111%$4.1M$3.1M10xas long as short
MEXC LIGHT_USDT+0.0384%4h0.1809+0.111%$1.4M$291K50xas long as short
Bybit LIGHTUSDT+0.0463%4h0.1810+0.177%$2.2M$608K13xas long as short