Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.009%
Price spread now: SunX against Lighter−0.227%7-day average −0.232% · you buy dearer than you sell
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$264as in the Price arb table
costs, in and out, $10k−$2652.648% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 3 days (all we have)−0.332%−$33 · spread now −0.227%, 7d avg −0.232%
=Together, before fees−0.346%+ Points / potential airdropLighter: Season 3 · farm board−$35 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SPX | 0.5014 | 0.0096 | pay 0.0012% / 1h | 32m 03s | $115K | $319K | 5x |
| Short | SunX SPX-USDT | 0.5003 | 0.0100 | get 0.0050% / 4h | 2h 32m | $8K | $1.6M | 20x |
Funding 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
- $0.84
- Price spread: −0.227% → −0.232%
- $0.45
- Slippage, 4 orders
- −$256.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$263.5
- Costs to cover
- 2.648%
- Break-even
- 2202.9 days
Slippage from Lighter: live order book, 51 min ago; SunX: live order book, 3 min ago.
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, 51 min ago | 20.35 bp | 20.3 bp −$20 | 67.1 bp −$671 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 31.95 bp | 113.9 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
SPX on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SPXUSD | −0.0415% | 1h | 0.5009 | −0.111% | $232K | $560K | 20x | as long as short |
| Variational Omni SPX | −0.0001% | 4h | 0.5005 | −0.191% | $843K | $1.3M | — | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −0.706% | $9 | $4K | 5.5x | as long as short |
| Lighter SPXlong | +0.0096% | 1h | 0.5014 | long leg | $115K | $319K | 5x | |
| Hyperliquid SPX | +0.0100% | 1h | 0.5014 | −0.010% | $9.8M | $7.2M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5018 | +0.073% | $124K | $97K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5012 | −0.043% | $4.9M | $19.5M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5003 | −0.227% | $11.6M | $15.4M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5011 | −0.068% | $976K | $2.6M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5012 | −0.048% | $1.0M | $476K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SPX_USDT | +0.0100% | 4h | 0.5010 | −0.088% | $11.5M | $4.5M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5015 | +0.012% | $3.8M | $5.2M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5015 | +0.012% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5008 | −0.128% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5010 | −0.088% | $45K | $248K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5019 | +0.092% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDTshort | +0.0100% | 4h | 0.5003 | −0.227% | $8K | $1.6M | 20x | |
| Extended SPX-USD | +0.0104% | 1h | 0.5010 | −0.079% | $34K | $226K | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5010 | −0.088% | $251K | $912K | 75x | as long as short |
Lighter SPX
SunX SPX-USDT
Kraken Futures PF_SPXUSD
Variational Omni SPX
Injective SPX/USDC PERP
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
Extended SPX-USD
BloFin SPX-USDT