Funding you earn now, next payment 10:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against SunX+1.446%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$1681.678% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)−0.223%−$22 · spread now +1.446%, 7d avg −0.064%
=Together, before fees−0.138%+ Points / potential airdropLighter: Season 3 · farm board−$14 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 1.510% dearer against SunX than usual: you sell high and buy low, +$151 on $10k if it goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX USELESS-USDT | 0.2968 | 0.0100 | pay 0.0050% / 4h | 2h 59m | — | $1.4M | 10x |
| Short | Lighter USELESS | 0.3010 | 0.0096 | get 0.0012% / 1h | 59m 24s | $1.4M | $1.1M | 3x |
SunX USELESS-USDT
Lighter USELESSFunding 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: +1.446% → −0.064%
- $151.01
- Slippage, 4 orders
- −$159.84
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$17.67
- Costs to cover
- 1.678%
- Break-even
- never at this rate
Slippage from SunX: live order book, 5 min ago; Lighter: live order book, 2 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 SunX live order book, 5 min ago | 46.04 bp | 64.6 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 6.48 bp | 20.7 bp −$21 | 113.9 bp −$1,139 | doesn't fit | doesn't fit |
USELESS 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESSshort | +0.0096% | 1h | 0.3010 | +1.446% | $1.4M | $1.1M | 3x | |
| Pacifica USELESS | +0.0100% | 1h | 0.3010 | +1.436% | $32K | $20K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2961 | −0.229% | $11.0M | $77.1M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0100% | 4h | 0.3006 | +1.311% | $5.5M | $10.9M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0100% | 4h | 0.2958 | −0.324% | $5.8M | $11.4M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.3001 | +1.142% | $29K | $284K | 3x | as long as short |
| SunX USELESS-USDTlong | +0.0100% | 4h | 0.2968 | long leg | — | $1.4M | 10x | |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2940 | −0.910% | $40K | $563K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2963 | −0.152% | $675K | $1.3M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0232% | 1h | 0.2978 | +0.347% | $11K | — | 3x | as long as short |
Pacifica USELESS
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTM
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid USELESS | +0.0244% | 1h | 0.3005 | +1.250% | $13.7M | $24.0M | 3x | as long as short |
| Aster USELESSUSDT | +0.0326% | 4h | 0.2987 | +0.642% | $656K | $2.4M | 10x | as long as short |
| Gate USELESS_USDT | +0.0470% | 4h | 0.2978 | +0.367% | $7.5M | $8.6M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0576% | 4h | 0.3010 | +1.430% | $23K | $201K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0598% | 4h | 0.2983 | +0.532% | $15.1M | $6.8M | 50x | as long as short |
| Binance USELESSUSDT | +0.0599% | 4h | 0.2983 | +0.532% | $25.9M | $134.1M | 50x | as long as short |
| Extended USELESS-USD | +0.0600% | 1h | 0.2974 | +0.211% | $285K | $1.6M | 5x | as long as short |
| ApeX Omni USELESSUSDT | +0.0871% | 1h | 0.3006 | +1.297% | $56K | $691K | 25x | as long as short |
| Orderly PERP_USELESS_USDC | +0.0983% | 4h | 0.2969 | +0.067% | $22K | $2.0M | 10x | as long as short |
| Variational Omni USELESS | +0.1077% | 4h | 0.3011 | +1.452% | $1.3M | $1.7M | — | as long as short |
| BingX USELESS-USDT | +0.1358% | 4h | 0.2967 | −0.020% | — | $5.7M | — | as long as short |
| Bybit USELESSUSDT | +0.1397% | 4h | 0.2962 | −0.175% | $29.6M | $53.5M | 13x | as long as short |
| BloFin USELESS-USDT | +0.1953% | 4h | 0.3009 | +1.388% | $1.3M | $2.4M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3187 | +7.410% | $5K | $10K | 5.5x | as long as short |
Hyperliquid USELESS
Aster USELESSUSDT
Gate USELESS_USDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
ApeX Omni USELESSUSDT
Orderly PERP_USELESS_USDC
Variational Omni USELESS
BingX USELESS-USDT
Bybit USELESSUSDT
BloFin USELESS-USDT
Injective USELESS/USDC PERP