Funding you earn now, next payment 02:00 UTC−0.1172%/8h= −128.3% APRpaid last 24h −0.214%
Price spread now: SunX against Lighter−0.392%7-day average −0.219% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.297%−$30 on $10k
+Price spread, last 3 days (all we have)+1.616%+$162 · spread now −0.392%, 7d avg −0.219%
=Together, before fees+1.320%+ Points / potential airdropLighter: Season 3 · farm board+$132 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and SunX is 0.173% cheaper against Lighter than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.219%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.297% in total (about -15.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MEGA | 0.04597 | 0.1272 | pay 0.0159% / 1h | 7m 49s | $649K | $330K | 3x |
| Short | SunX MEGA-USDT | 0.04579 | 0.0100 | get 0.0050% / 4h | 2h 07m | $2K | $1.9M | 10x |
Lighter MEGA
SunX MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Lighter. 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
- −$246.12
- Price spread: −0.392% → −0.219%
- −$17.26
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$271.38
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 53 min ago; SunX: 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 Lighter live order book, 53 min ago | 33.51 bp | 120.6 bp −$121 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 502.24 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
MEGA on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0432% | 1h | 0.04490 | −2.319% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04577 | −0.437% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0062% | 1h | 0.04571 | −0.555% | $197K | $140K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04575 | −0.477% | $18K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04568 | −0.622% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04582 | −0.326% | $4.1M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04578 | −0.413% | $3.6M | $5.5M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04578 | −0.413% | $942K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04579 | −0.386% | $135K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04576 | −0.457% | $203K | $320K | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04580 | −0.370% | $819K | $367K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04577 | −0.435% | $239K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04579 | −0.392% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04579 | −0.392% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04572 | −0.550% | $322K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04586 | −0.239% | $18K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04582 | −0.326% | $24K | $229K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04576 | −0.457% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDTshort | +0.0100% | 4h | 0.04579 | −0.392% | $2K | $1.9M | 10x | |
| Extended MEGA-USD | +0.0104% | 1h | 0.04577 | −0.436% | $131K | $829K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04572 | −0.550% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0173% | 1h | 0.04588 | −0.196% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04575 | −0.472% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0679% | 1h | 0.04580 | −0.370% | $18K | $46K | 5x | as long as short |
| Lighter MEGAlong | +0.1272% | 1h | 0.04597 | long leg | $649K | $330K | 3x | |
| Hyperliquid MEGA | +0.1791% | 1h | 0.04590 | −0.157% | $7.9M | $2.5M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2110% | 1h | 0.04588 | −0.196% | $111 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL