Funding arb · Price arb /

MYX

all MYX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0324%/8h= +35.4% APRpaid last 24h −0.066%

Price spread now: Binance against Lighter+0.147%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.200%−$20 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 0.147% dearer against Lighter than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.200%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.200% in total (about -10.4% 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 MYX	0.08160	0.0096	pay 0.0012% / 1h	53m 32s	$37K	$26K	3x
Short	Binance MYXUSDT	0.08172	0.0420	get 0.0210% / 4h	53m 32s	$7.6M	$10.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Lighter. 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 LighterbpFee BinancebpOrdersPrice spread, now +0.147%Rate

Funding earned: $67.95
Price spread: +0.147% → 0.000%: $14.71
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $72.65
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; Binance: live order book, 1 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 no order-book sample	—	—	—	—	—
Sell Binance live order book, 1 min ago	2.45 bp	28.0 bp −$28	218.7 bp −$2,187	doesn't fit	doesn't fit

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MYX on 13 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
Lighter MYXlong	+0.0096%	1h	0.08160	long leg	$37K	$26K	3x
Gate MYX_USDT	+0.0100%	8h	0.08140	−0.245%	$1.3M	$563K	10x	as long as short
KuCoin MYXUSDTM	+0.0100%	4h	0.08134	−0.319%	$2.6M	$7.5M	10x	as long as short
Bitget MYXUSDT	+0.0100%	4h	0.08144	−0.196%	$2.4M	$1.4M	10x	as long as short
Variational Omni MYX	+0.0100%	4h	0.08132	−0.344%	$7K	$62K	—	as long as short
ApeX Omni MYXUSDT	+0.0100%	1h	0.08150	−0.123%	$22K	$248K	50x	as long as short
SunX MYX-USDT	+0.0100%	4h	0.08181	+0.257%	$2K	$648K	20x	as long as short
HTX MYX-USDT	+0.0100%	4h	0.08168	+0.098%	$37K	$139K	20x	as long as short
MEXC MYX_USDT	+0.0418%	4h	0.08172	+0.147%	$12.2M	$1.9M	50x	as long as short
Binance MYXUSDTshort	+0.0420%	4h	0.08172	+0.147%	$7.6M	$10.6M	10x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MYX-USDT	+0.0430%	4h	0.08164	+0.049%	—	$6.8M	—	as long as short
Bybit MYXUSDT	+0.0516%	4h	0.08146	−0.172%	$3.9M	$3.1M	13x	as long as short
Aster MYXUSDT	+0.0541%	4h	0.08150	−0.127%	$53K	$113K	5x	as long as short