Lighter vs SunX
Lighter traded 8.3× SunX's 24-hour volume ($2.68B vs $324.6M) and holds 85× its open interest.
Head to head
the arrow points to the better figure| Lighter | SunX | |
|---|---|---|
| Trading | ||
| $1.18 | ◀BTC trade, $10k | $34.30 |
| $277 | ◀BTC trade, $1M | $8,034 |
| $14.8M | ◀BTC book depth | $3.1M |
| 0.000%/0.000% | ◀Taker / maker | 0.040%/0.020% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $2.68B | ◀Volume 24h | $324.6M |
| $2.15B | ◀Volume, 7-day average | $362.1M |
| $509.5M | ◀Open interest | $6.0M |
| $579.7M | ◀TVL | $21.2M |
| Markets | ||
| 201 | Markets▶ | 302 |
| 96 | Stocks & RWA▶ | 159 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0096% | BTC funding /8h | +0.0100% |
| +0.682% | BTC longs paid, 30d | +0.476% |
| Access | ||
| No ID | KYC | No ID |
| $LIT | Token | none yet |
| Season 3 | Airdrop | — |
Cost to trade BTC
| Size | Lighter | SunX |
|---|---|---|
| $1k | $0.101.0 bp | $2.2122.1 bp |
| $10k | $1.181.2 bp | $34.3034.3 bp |
| $100k | $15.611.6 bp | $49949.9 bp |
| $1M | $2772.8 bp | $8,03480.3 bp |
| $5M | $4,3438.7 bp | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 142
funding /8h · Net 7d at $10k| Asset | Lighter | SunX | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0096% | +0.0100% | +0.0004% | −$35 |
| ETH | +0.0096% | +0.0100% | +0.0004% | −$36 |
| SOL | +0.0096% | +0.0100% | +0.0004% | −$34 |
| TRX | −0.0640% | +0.0100% | +0.0740% | −$221 |
| XRP | +0.0096% | +0.0100% | +0.0004% | −$90 |
| WLFI | +0.0096% | +0.0100% | +0.0004% | — |
| UNI | +0.0096% | +0.0100% | +0.0004% | — |
| LINK | +0.0096% | +0.0100% | +0.0004% | −$97 |
| DOGE | +0.0096% | +0.0100% | +0.0004% | −$42 |
| HYPE | +0.0096% | +0.0100% | +0.0004% | −$111 |
| SEI | +0.0096% | +0.0100% | +0.0004% | −$66 |
| WLD | −0.0408% | +0.0100% | +0.0508% | — |
| AVAX | 0.0000% | +0.0100% | +0.0100% | −$232 |
| LTC | +0.0096% | +0.0100% | +0.0004% | — |
| PUMP | +0.0064% | +0.0100% | +0.0036% | — |
| BNB | +0.0096% | +0.0100% | +0.0004% | −$102 |
| DASH | +0.0096% | +0.0100% | +0.0004% | −$78 |
| ZEC | +0.0128% | +0.0100% | +0.0028% | — |
| ARB | −0.0312% | +0.0100% | +0.0412% | −$268 |
| SPX | +0.0096% | +0.0100% | +0.0004% | — |
Only on Lighter: 69
ZRO · VVV · USDKRW · STRC · AERO · GRASS · USDCHF · SKY · US10Y · POL · JUP · XPT · EIGEN · CC · STABLECOINX · MORPHO · DRV · HBAR · DELL · CAP · STONK · MRNA · XTEN · OP · TIA · SYRUP · BB · GMX · PYTH · MNT · FOLKS · S · TENCENT · AI · XIAOMI · ZK · TTWO · DYDX · SMIC · BERA · ANSEM · AZTEC · JTO · APEX · BOT · SHEIN · KAITO · KIOXIA · NMR · POPCAT · AUD · CTR · FLOKI · WEN · TUR30 · CRO · DATA · NZD · USDCAD · ROBO · and 9 more
Only on SunX: 160
JST · SUN · XLE · BTT · XAUT · BIANRENSHENG · SENT · EDGE · OPN · MUBARAK · GPRO · CRWD · MYX · GENIUS · HEMI · PIEVERSE · SNX · LONGXIA · EVAA · BASED · BLESS · MOODENG · BLUAI · RED · PIPPIN · DOGS · AKE · WOTAMALAILE · UBER · NIGHT · CLO · 4 · MERL · LLY · EWJ · WMT · BEAT · COAI · CSCO · M · KAT · SIREN · KITE · LUNA · GIGGLE · NFLX · ORDI · KGEN · PAYP · YB · BSB · CFG · SKYAI · COST · BILL · RAVE · FOGO · LAB · APR · FLNC · and 100 more
Questions
Is Lighter or SunX cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $1.18 on Lighter and $34.30 on SunX right now, taker fee and order-book slippage together, so Lighter is cheaper. Taker fees: 0% and 0.04%. Lighter: 0 / 0 is the default Standard account, whose taker orders wait 300 ms; a Premium account (140 ms) pays 0.4 bp maker, 2.8 bp taker.
Which has more markets, Lighter or SunX?
Lighter lists 201 active markets and SunX 302; 142 assets trade on both, 71 of them stocks, commodities or other real-world assets.
Does Lighter or SunX require KYC?
Lighter: No ID (the card deposit on-ramp is optional); not for the US, Canada, the UK, China, Russia, Ukraine or sanctioned countries. SunX: No ID or registration, connect a TRON wallet; the site warns some regions may be restricted but publishes no list.
Can you arbitrage funding between Lighter and SunX?
Not profitably right now: none of the 142 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Lighter or SunX?
24-hour volume: Lighter $2.68B, SunX $324.6M. Open interest as each reports it: $509.5M and $6.0M. TVL: $579.7M and $21.2M.