LIGHT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0345%/8h= +37.8% APRnext payment +$1.73 per $10,000 · paid last 24h +0.190%

Price spread now: Bybit against SunX+0.172%46s7-day average +0.094% · you sell dearer than you buy

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

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.570%+$57 on $10k

Price spread, last 4 days (all we have)−0.260%−$26 · spread now +0.172%, 7d avg +0.094%

Together, before fees+0.310%+$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.077% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.094%. The two prices were read 46 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	0.1806	0.0100	pay 0.0050% / 4h	31m 39s	$1K	$1.4M	20x
Short	Bybit LIGHTUSDT	0.1809	0.0445	get 0.0223% / 4h	31m 39s	$2.2M	$608K	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee SunXbpFee BybitbpOrdersPrice spread, now +0.172%Rate

Funding earned: $72.53
Price spread: +0.172% → +0.094%: $7.75
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $61.28
Costs to cover: 0.190%
Break-even: 1.1 days

Slippage unknown: SunX: live order book, 3 min ago; Bybit: 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 SunX live order book, 3 min ago	504.99 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	4.71 bp	142.0 bp −$142	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	0.1809	+0.166%	$898K	$1.3M	10x	as long as short
Gate LIGHT_USDT	+0.0100%	8h	0.1805	−0.055%	$2.3M	$563K	10x	as long as short
SunX LIGHT-USDTlong	+0.0100%	4h	0.1806	long leg	$1K	$1.4M	20x
KuCoin LIGHTUSDTM	+0.0256%	4h	0.1804	−0.127%	$2.0M	$2.5M	10x	as long as short
Aster LIGHTUSDT	+0.0265%	4h	0.1806	−0.008%	$22K	$6K	5x	as long as short
MEXC LIGHT_USDT	+0.0382%	4h	0.1808	+0.111%	$1.4M	$290K	50x	as long as short
Binance LIGHTUSDT	+0.0384%	4h	0.1809	+0.166%	$4.1M	$3.1M	10x	as long as short
BloFin LIGHT-USDT	+0.0404%	4h	0.1805	−0.055%	$238K	$18K	10x	as long as short
Bybit LIGHTUSDTshort	+0.0445%	4h	0.1809	+0.172%	$2.2M	$608K	13x