LIGHT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0468%/8h= +51.2% APRnext payment +$2.34 per $10,000 · paid last 24h +0.185%

Price spread now: MEXC against SunX+0.500%7-day average +0.134% · you sell dearer than you buy

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

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.420%−$42 · spread now +0.500%, 7d avg +0.134%

Together, before fees+0.240%+$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and MEXC is 0.366% dearer against SunX than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of +0.134%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LIGHT-USDT	0.1799	0.0100	pay 0.0050% / 4h	2h 53m	$2K	$1.5M	20x
Short	MEXC LIGHT_USDT	0.1808	0.0568	get 0.0284% / 4h	2h 53m	$1.4M	$286K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.500%Rate

Funding earned: $98.28
Price spread: +0.500% → +0.134%: $36.62
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: $126.9
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SunX: live order book, 11 min ago; MEXC: 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 SunX live order book, 11 min ago	492.61 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 8 min ago	2.74 bp	36.8 bp −$37	146.5 bp −$1,465	278.8 bp −$27.9K	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	0.1803	+0.222%	$2.3M	$550K	10x	as long as short
SunX LIGHT-USDTlong	+0.0100%	4h	0.1799	long leg	$2K	$1.5M	20x
OKX LIGHT-USDT-SWAP	+0.0175%	4h	0.1809	+0.556%	$900K	$1.3M	10x	as long as short
Aster LIGHTUSDT	+0.0429%	4h	0.1804	+0.261%	$22K	$6K	5x	as long as short
KuCoin LIGHTUSDTM	+0.0538%	4h	0.1802	+0.156%	$2.0M	$2.5M	10x	as long as short
Binance LIGHTUSDT	+0.0566%	4h	0.1808	+0.498%	$4.1M	$3.0M	10x	as long as short
MEXC LIGHT_USDTshort	+0.0568%	4h	0.1808	+0.500%	$1.4M	$286K	50x
BloFin LIGHT-USDT	+0.0575%	4h	0.1805	+0.334%	$238K	$12K	10x	as long as short
Bybit LIGHTUSDT	+0.0980%	4h	0.1804	+0.267%	$2.2M	$603K	13x	as long as short