Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.011%
Price spread now: Lighter against SunX+0.012%7-day average +0.103% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now +0.012%, 7d avg +0.103%
=Together, before fees+0.199%+ Points / potential airdropLighter: Season 3 · farm board+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.091% cheaper against SunX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ETHFI-USDT | 0.6941 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $2K | $1.1M | 20x |
| Short | Lighter ETHFI | 0.6942 | 0.0096 | get 0.0012% / 1h | 2m 38s | $1.1M | $832K | 5x |
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 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: +0.012% → +0.103%
- −$9.1
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$17.94
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 10 min ago; Lighter: live order book, 3 min ago. 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 SunX live order book, 10 min ago | 500.57 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 8.83 bp | 27.4 bp −$27 | 100.2 bp −$1,002 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0469% | 1h | 0.6945 | +0.058% | $41K | $11K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0417% | 4h | 0.6936 | −0.072% | $82K | $174K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0281% | 4h | 0.6941 | 0.000% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0128% | 4h | 0.6968 | +0.393% | $917K | $785K | — | as long as short |
| Extended ETHFI-USD | −0.0016% | 1h | 0.6932 | −0.130% | $95K | $505K | 10x | as long as short |
| Binance ETHFIUSDT | −0.0014% | 4h | 0.6934 | −0.101% | $24.1M | $36.4M | 75x | as long as short |
| MEXC ETHFI_USDT | −0.0014% | 4h | 0.6937 | −0.058% | $15.8M | $4.2M | 125x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0011% | 8h | 0.6932 | −0.126% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.308% | $321 | $51K | 5.5x | as long as short |
| Bybit ETHFIUSDT | +0.0056% | 4h | 0.6937 | −0.058% | $17.2M | $13.1M | 25x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6945 | +0.058% | $8K | — | 3x | as long as short |
| Lighter ETHFIshort | +0.0096% | 1h | 0.6942 | +0.012% | $1.1M | $832K | 5x | |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6941 | −0.003% | $16.7M | $8.7M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6946 | +0.068% | $177K | $263K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6938 | −0.043% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6945 | +0.058% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6948 | +0.101% | $1.2M | $228K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6937 | −0.058% | $6.0M | $4.9M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6938 | −0.043% | — | $10.9M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6949 | +0.117% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDTlong | +0.0100% | 4h | 0.6941 | long leg | $2K | $1.1M | 20x | |
| BloFin ETHFI-USDT | +0.0226% | 4h | 0.6942 | +0.014% | $1.2M | $239K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.6978 | +0.533% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1691% | 1h | 0.6959 | +0.256% | $290K | $295K | 20x | as long as short |
SunX ETHFI-USDT
Lighter ETHFI
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Variational Omni ETHFI
Extended ETHFI-USD
Binance ETHFIUSDT
MEXC ETHFI_USDT
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Bybit ETHFIUSDT
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD