Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: SunX against Lighter RH+0.018%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$274as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2662.664% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.251%+$25 · spread now +0.018%, 7d avg +0.068%
=Together, before fees+0.179%+ Points / potential airdropLighter RH: Points live · farm board+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.049% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BE | 274.14 | 0.0032 | pay 0.0004% / 1h | 48m 34s | $250K | $290K | 10x |
| Short | SunX BE-USDT | 274.19 | 0 | get 0.0000% / 8h | 3h 48m | $894 | $2.4M | 10x |
Lighter RH BE
SunX BE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Lighter RH. 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
- −$6.72
- Price spread: +0.018% → +0.068%
- −$4.94
- Slippage, 4 orders
- −$258.4
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$278.06
- Costs to cover
- 2.664%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 3 min ago; SunX: live order book, 8 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 RH live order book, 3 min ago | 5.83 bp | 5.9 bp −$6 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 45.10 bp | 129.0 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 274.32 | +0.064% | $345K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.30 | +0.058% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.32 | +0.066% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.87 | +0.266% | $7K | $163K | 10x | as long as short |
| SunX BE-USDTshort | 0.0000% | 8h | 274.19 | +0.018% | $894 | $2.4M | 10x | |
| HTX BE-USDT | 0.0000% | 8h | 274.30 | +0.058% | $13K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.02 | −0.044% | — | — | 10x | as long as short |
| Lighter RH BElong | +0.0032% | 1h | 274.14 | long leg | $250K | $290K | 10x | |
| Binance BEUSDT | +0.0036% | 8h | 274.45 | +0.112% | $8.5M | $36.5M | 25x | as long as short |
| QFEX BE-USD | +0.0036% | 1h | 274.56 | +0.153% | $1.3M | $2.7M | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
HTX BE-USDT
Lighter BE
Binance BEUSDT
QFEX BE-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BE-USD | +0.0040% | 1h | 274.25 | +0.042% | $46K | $260K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.31 | +0.062% | $115K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.48 | +0.124% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.10 | −0.015% | $5.9M | $2.6M | 10x | as long as short |
| Bybit BEUSDT | +0.0053% | 8h | 274.43 | +0.106% | $2.0M | $1.1M | 25x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 273.08 | −0.387% | $473K | $128K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.30 | +0.058% | $371K | $19K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.21 | +0.025% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0139% | 8h | 274.55 | +0.150% | $2.7M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0148% | 8h | 274.36 | +0.080% | $45K | $141K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0224% | 1h | 274.17 | +0.011% | $7K | $4K | 10x | as long as short |
Extended BE-USD
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Bybit BEUSDT
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
OKX BE-USDT-SWAP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL