LIGHT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0179%/8h= +19.6% APRnext payment +$0.89 per $10,000 · paid last 24h +0.101%

Price spread now: OKX against SunX+0.111%47s7-day average +0.121% · you sell dearer than you buy

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

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.447%+$45 on $10k

Price spread, last 3 days (all we have)−0.141%−$14 · spread now +0.111%, 7d avg +0.121%

Together, before fees+0.306%+$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.121%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 47 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	0.1803	0.0100	pay 0.0050% / 4h	2h 07m	$2K	$1.5M	20x
Short	OKX LIGHT-USDT-SWAP	0.1805	0.0279	get 0.0139% / 4h	2h 07m	$893K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.111%Rate

Funding earned: $37.52
Price spread: +0.111% → +0.121%: −$1.03
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: $18.49
Costs to cover: 0.180%
Break-even: 3.5 days

Slippage unknown: SunX: live order book, 7 min ago; OKX: live order book, 4 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, 7 min ago	492.80 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	2.77 bp	34.4 bp −$34	1573.6 bp −$15.7K	doesn't fit	doesn't fit

LIGHT on 8 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
SunX LIGHT-USDTlong	+0.0100%	4h	0.1803	long leg	$2K	$1.5M	20x
Gate LIGHT_USDT	+0.0192%	8h	0.1805	+0.111%	$2.3M	$568K	10x	as long as short
OKX LIGHT-USDT-SWAPshort	+0.0279%	4h	0.1805	+0.111%	$893K	$1.3M	10x
Aster LIGHTUSDT	+0.0517%	4h	0.1805	+0.094%	$22K	$6K	5x	as long as short
KuCoin LIGHTUSDTM	+0.0554%	4h	0.1804	+0.055%	$2.0M	$2.5M	10x	as long as short
Binance LIGHTUSDT	+0.0675%	4h	0.1806	+0.166%	$4.1M	$3.1M	10x	as long as short
MEXC LIGHT_USDT	+0.0686%	4h	0.1806	+0.166%	$1.4M	$289K	50x	as long as short
Bybit LIGHTUSDT	+0.1305%	4h	0.1805	+0.128%	$2.2M	$607K	13x	as long as short