Funding arb · Price arb /

MYX

all MYX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0216%/8h= +23.6% APRpaid last 24h −0.044%

Price spread now: Bybit against Lighter−0.284%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.151%−$15 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

Funding pays, the price is against you. Bybit is 0.284% cheaper against Lighter than usual: you would sell low and buy high (spread −0.284% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 4.4 days of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.151%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MYX	0.08110	0.0096	pay 0.0012% / 1h	22m 24s	$37K	$28K	3x
Short	Bybit MYXUSDT	0.08087	0.0312	get 0.0156% / 4h	1h 22m	$3.9M	$3.1M	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.284%Rate

Funding earned: $45.32
Price spread: −0.284% → 0.000%: −$28.36
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $5.96
Costs to cover: 0.110%
Break-even: 6.1 days

Slippage unknown: Lighter: no order-book sample; Bybit: live order book, just now. 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 Bybit live order book, just now	0.62 bp	136.7 bp −$137	645.3 bp −$6,453	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	0.08110	long leg	$37K	$28K	3x
Gate MYX_USDT	+0.0100%	8h	0.08080	−0.370%	$1.3M	$581K	10x	as long as short
KuCoin MYXUSDTM	+0.0100%	4h	0.08074	−0.444%	$2.5M	$7.5M	10x	as long as short
Bitget MYXUSDT	+0.0100%	4h	0.08066	−0.543%	$2.4M	$1.4M	10x	as long as short
Variational Omni MYX	+0.0100%	4h	0.08086	−0.290%	$7K	$62K	—	as long as short
SunX MYX-USDT	+0.0100%	4h	0.08116	+0.074%	$1K	$644K	20x	as long as short
HTX MYX-USDT	+0.0100%	4h	0.08117	+0.086%	$37K	$139K	20x	as long as short
MEXC MYX_USDT	+0.0280%	4h	0.08114	+0.049%	$12.1M	$2.0M	50x	as long as short
Binance MYXUSDT	+0.0281%	4h	0.08114	+0.050%	$7.6M	$10.7M	10x	as long as short
Bybit MYXUSDTshort	+0.0312%	4h	0.08087	−0.284%	$3.9M	$3.1M	13x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MYX-USDT	+0.0330%	4h	0.08106	−0.049%	—	$6.8M	—	as long as short
Aster MYXUSDT	+0.0482%	4h	0.08112	+0.019%	$53K	$115K	5x	as long as short
ApeX Omni MYXUSDT	+0.0701%	1h	0.08100	−0.123%	$22K	$248K	50x	as long as short