Funding arb · Price arb /

MYX

all MYX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.088%

Price spread now: Variational Omni against Lighter−0.167%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 Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.167% cheaper against Lighter than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MYX	0.08100	0.0096	pay 0.0012% / 1h	21m 56s	$37K	$28K	3x
Short	Variational Omni MYX	0.08086	0.0100	get 0.0050% / 4h	1h 21m	$7K	$62K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.167%Rate

Funding earned: $0.84
Price spread: −0.167% → 0.000%: −$16.68
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$15.84
Costs to cover: 0.000%
Break-even: 139.0 days

Slippage unknown: Lighter: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample	—	—	—	—	—

Lighter and Variational Omni: 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	0.08100	long leg	$37K	$28K	3x
Gate MYX_USDT	+0.0100%	8h	0.08080	−0.247%	$1.3M	$581K	10x	as long as short
KuCoin MYXUSDTM	+0.0100%	4h	0.08070	−0.370%	$2.5M	$7.5M	10x	as long as short
Bitget MYXUSDT	+0.0100%	4h	0.08066	−0.420%	$2.4M	$1.4M	10x	as long as short
Variational Omni MYXshort	+0.0100%	4h	0.08086	−0.167%	$7K	$62K	—
SunX MYX-USDT	+0.0100%	4h	0.08124	+0.296%	$1K	$644K	20x	as long as short
HTX MYX-USDT	+0.0100%	4h	0.08113	+0.160%	$37K	$139K	20x	as long as short
MEXC MYX_USDT	+0.0280%	4h	0.08117	+0.210%	$12.1M	$2.0M	50x	as long as short
Binance MYXUSDT	+0.0281%	4h	0.08121	+0.257%	$7.6M	$10.7M	10x	as long as short
Bybit MYXUSDT	+0.0312%	4h	0.08091	−0.111%	$3.9M	$3.1M	13x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MYX-USDT	+0.0330%	4h	0.08111	+0.136%	—	$6.8M	—	as long as short
Aster MYXUSDT	+0.0482%	4h	0.08113	+0.155%	$53K	$115K	5x	as long as short
ApeX Omni MYXUSDT	+0.0701%	1h	0.08100	0.000%	$22K	$248K	50x	as long as short