Funding you earn now, next payment 04:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h +0.228%
Price spread now: Lighter against SunX+0.697%7-day average +0.221% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.310%+$31 on $10k
+Price spread, last 4 days (all we have)−7.805%−$781 · spread now +0.697%, 7d avg +0.221%
=Together, before fees−7.495%+ Points / potential airdropLighter: Season 3 · farm board−$749 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 Lighter is 0.476% dearer against SunX than usual: you sell high and buy low: +$48 more if the spread goes back to its 7-day average of +0.221%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.310% in total (about 16.2% 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 | SunX MEGA-USDT | 0.04590 | 0.0100 | pay 0.0050% / 4h | 54m 43s | $1K | $1.9M | 10x |
| Short | Lighter MEGA | 0.04622 | 0.0552 | get 0.0069% / 1h | 54m 43s | $654K | $335K | 3x |
SunX MEGA-USDT
Lighter MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- $94.92
- Price spread: +0.697% → +0.221%
- $47.6
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $134.52
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 1 min ago; Lighter: live order book, 61 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, 1 min ago | 500.49 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 61 min ago | 34.83 bp | 35.4 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
MEGA on 28 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 | −0.0744% | 1h | 0.04490 | −2.170% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04596 | +0.131% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0001% | 1h | 0.04593 | +0.054% | $199K | $142K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04598 | +0.176% | $18K | $89K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04600 | +0.220% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04600 | +0.210% | $4.1M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04599 | +0.196% | $3.6M | $5.6M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04597 | +0.153% | $942K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04560 | −0.654% | $135K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04597 | +0.153% | $199K | $319K | 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 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04599 | +0.196% | $827K | $368K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04599 | +0.196% | $231K | $117K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04599 | +0.196% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04598 | +0.174% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04587 | −0.071% | $323K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04564 | −0.566% | $24K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04563 | −0.588% | $24K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04595 | +0.109% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDTlong | +0.0100% | 4h | 0.04590 | long leg | $1K | $1.9M | 10x | |
| Extended MEGA-USD | +0.0104% | 1h | 0.04599 | +0.206% | $128K | $823K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0155% | 4h | 0.04584 | −0.131% | $204K | $95K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04590 | +0.005% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04550 | −0.871% | $21K | $7K | 5x | as long as short |
| Hyperliquid MEGA | +0.0233% | 1h | 0.04607 | +0.379% | $8.0M | $2.6M | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04595 | +0.118% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0323% | 1h | 0.04602 | +0.261% | $18K | $47K | 5x | as long as short |
| Lighter MEGAshort | +0.0552% | 1h | 0.04622 | +0.697% | $654K | $335K | 3x | |
| Deribit MEGA_USDC-PERPETUAL | +0.2034% | 1h | 0.04607 | +0.366% | $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
BloFin MEGA-USDT
Reya MEGARUSDPERP
Phoenix MEGA
Hyperliquid MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Deribit MEGA_USDC-PERPETUAL