Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.001%
Price spread now: Lighter against SunX+0.154%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$660.659% of the position
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 4 days (all we have)−0.287%−$29 · spread now +0.154%, 7d avg −0.013%
=Together, before fees−0.470%+ Points / potential airdropLighter: Season 3 · farm board−$47 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 0.167% dearer against SunX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ADA-USDT | 0.2455 | 0.0100 | pay 0.0100% / 8h | 4h 40m | $9K | $739K | 30x |
| Short | Lighter ADA | 0.2459 | 0.0096 | get 0.0012% / 1h | 40m 49s | $2.4M | $1.1M | 10x |
SunX ADA-USDT
Lighter ADAFunding 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: +0.154% → −0.013%
- $16.65
- Slippage, 4 orders
- −$57.9
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$50.09
- Costs to cover
- 0.659%
- Break-even
- never at this rate
Slippage from SunX: live order book, 51 min ago; Lighter: live order book, 11 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, 51 min ago | 20.77 bp | 24.8 bp −$25 | 31.6 bp −$316 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 11 min ago | 3.06 bp | 7.1 bp −$7 | 18.8 bp −$188 | 52.1 bp −$5,213 | doesn't fit |
ADA on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2454 | −0.060% | $202K | $3K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2457 | +0.081% | $160K | $6.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2454 | −0.027% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.651% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2453 | −0.082% | $425K | $7.7M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0092% | 1h | 0.2457 | +0.068% | $6.3M | $12.8M | 50x | as long as short |
| Lighter ADAshort | +0.0096% | 1h | 0.2459 | +0.154% | $2.4M | $1.1M | 10x | |
| Aster ADAUSDT | +0.0100% | 8h | 0.2460 | +0.203% | $1.2M | $983K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2455 | −0.006% | $159K | $162K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2463 | +0.320% | $104.1M | $372.8M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2460 | +0.203% | $71.7M | $111.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2462 | +0.284% | $32.8M | $106.1M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2460 | +0.203% | $98.3M | $59.1M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2462 | +0.284% | $61.4M | $60.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2462 | +0.268% | $29.7M | $15.1M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2461 | +0.244% | $66.2M | $50.2M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2461 | +0.244% | — | $20.1M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2458 | +0.130% | $124K | $444K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2454 | −0.040% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2453 | −0.089% | $65K | $282K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2448 | −0.286% | $289K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2447 | −0.327% | $226K | $743K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2455 | −0.009% | $94K | $687K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2456 | +0.040% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2456 | +0.045% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDTlong | +0.0100% | 8h | 0.2455 | long leg | $9K | $739K | 30x | |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2456 | +0.040% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2454 | −0.032% | $1.3M | $6.4M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2457 | +0.081% | $47.9M | $6.5M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2461 | +0.258% | $532K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0107% | 8h | 0.2455 | +0.015% | $21K | $250 | 20x | as long as short |
| Hyperliquid ADA | +0.0147% | 1h | 0.2463 | +0.313% | $42.8M | $14.9M | 10x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2454 | −0.025% | $4K | $100K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2458 | +0.121% | $4.5M | $5.7M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0279% | 1h | 0.2453 | −0.063% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0593% / S −0.0547% | 1h | 0.2454 | −0.046% | $132K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0605% | 1h | 0.2457 | +0.081% | $594K | $494K | 50x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Hyperliquid ADA
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL