Settings8H · net · $10k
Funding arb · Price arb /

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h
Price spread now: Lighter against SunX+0.153%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno 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 +$1 a day on $10k at the current rate, and Lighter is 0.153% dearer against SunX 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BE-USDT274.580get 0.0000% / 8h7h 58m$1K$2.5M10x
ShortLighter BE275.000.0032get 0.0004% / 1h58m 52s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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

Funding earned
$6.72
Price spread: +0.153% → 0.000%
$15.3
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
$14.02
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SunX: live order book, 8 min ago; Lighter: 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 8 min ago45.55 bp125.7 bp −$126doesn't fitdoesn't fitdoesn't fit
Sell Lighter no order-book sample
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.

BE on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BEUSDT0.0000%8h274.54−0.013%$345K$119K20xas long as short
Bybit BEUSDT0.0000%8h275.07+0.178%$2.0M$1.2M25xas long as short
Gate BE_USDT0.0000%8h274.40−0.066%$1.5M$3.4M50xas long as short
Bitget BEUSDT0.0000%8h274.77+0.069%$1.7M$2.6M20xas long as short
SunX BE-USDTlong0.0000%8h274.58long leg$1K$2.5M10x
HTX BE-USDT0.0000%8h274.26−0.117%$13K$33K20xas long as short
Lighter BEshort+0.0032%1h275.00+0.153%10x
Lighter RH BE+0.0032%1h275.13+0.200%$251K$298K10xas long as short
Arcus BE-USD+0.0040%1h274.01−0.208%$114K$120K10xas long as short
Vest BE-USD-PERP+0.0046%1h273.98−0.219%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BE-USD+0.0073%1h273.77−0.295%$1.3M$3.9M10xas long as short
Binance BEUSDT+0.0084%8h275.02+0.159%$8.6M$36.9M25xas long as short
Extended BE-USD+0.0088%1h274.73+0.056%$46K$266K10xas long as short
KuCoin BEUSDTM+0.0100%8h274.45−0.047%$370K$22K20xas long as short
GRVT BE_USDT_Perp+0.0103%8h274.27−0.112%$6K$182K10xas long as short
Aevo BE-PERP+0.0104%1h274.24−0.124%10xas long as short
Coinbase International BE-PERP-INTX+0.0128%1h273.32−0.459%$467K$116K10xas long as short
BloFin BE-USDT+0.0204%8h274.49−0.033%$45K$141K20xas long as short
OKX BE-USDT-SWAP+0.0253%8h275.36+0.284%$2.6M$6.9M25xas long as short
tradeXYZ xyz:BE+0.0340%1h274.27−0.113%$5.9M$2.9M10xas long as short
Deribit BE_USDC-PERPETUAL+0.1682%1h274.80+0.080%$7K$4K10xas long as short