Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: SunX against Lighter−0.094%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 3 days (all we have)+0.101%+$10 · spread now −0.094%, 7d avg +0.053%
=Together, before fees+0.165%+ Points / potential airdropLighter: Season 3 · farm board+$17 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: SunX is 0.147% cheaper against Lighter than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BNB | 791.34 | 0.0096 | pay 0.0012% / 1h | 40m 15s | $2.8M | $4.0M | 20x |
| Short | SunX BNB-USDT | 790.60 | 0.0100 | get 0.0100% / 8h | 6h 40m | $12K | $1.6M | 50x |
Lighter BNB
SunX BNB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Lighter. 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: −0.094% → +0.053%
- −$14.72
- Slippage, 4 orders
- −$40.1
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$61.99
- Costs to cover
- 0.481%
- Break-even
- 523.5 days
Slippage from Lighter: live order book, 2 min ago; SunX: live order book, 5 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 Lighter live order book, 2 min ago | 0.57 bp | 1.0 bp −$1 | 5.3 bp −$53 | 16.5 bp −$1,649 | 69.4 bp −$34.7K |
| Sell SunX live order book, 5 min ago | 15.06 bp | 23.5 bp −$24 | 39.2 bp −$392 | doesn't fit | doesn't fit |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0167% / S +0.0335% | 1h | 790.09 | −0.158% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0132% | 1h | 791.28 | −0.009% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 790.94 | −0.051% | $4K | $239 | 25x | as long as short |
| Gate BNB_USDT | −0.0021% | 8h | 790.10 | −0.157% | $35.2M | $55.6M | 75x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 792.76 | +0.179% | $857K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 790.11 | −0.156% | $9.6M | — | 150x | as long as short |
| GRVT BNB_USDT_Perp | +0.0011% | 8h | 793.23 | +0.238% | $3.0M | $28.4M | 10x | as long as short |
| Variational Omni BNB | +0.0016% | 8h | 791.83 | +0.061% | $4.1M | $5.0M | — | as long as short |
| Aster BNBUSDT | +0.0030% | 8h | 790.67 | −0.085% | $6.1M | $19.9M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.737% | $19K | $789K | 30x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Gate BNB_USDT
StandX BNB-USD
gTrade (Gains Network) BNB/USD
GRVT BNB_USDT_Perp
Variational Omni BNB
Aster BNBUSDT
Injective BNB/USDC PERPShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX BNB-USD | +0.0041% | 1h | 790.38 | −0.121% | $160K | $63K | 10x | as long as short |
| BingX BNB-USDT | +0.0049% | 8h | 790.31 | −0.131% | — | $35.0M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 790.39 | −0.120% | $607K | $1.1M | 50x | as long as short |
| MEXC BNB_USDT | +0.0060% | 8h | 791.30 | −0.005% | $82.0M | $12.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0061% | 8h | 791.69 | +0.043% | $492.2M | $817.3M | 75x | as long as short |
| Phemex BNBUSDT | +0.0084% | 8h | 791.35 | +0.001% | $69.2M | $50.4M | 50x | as long as short |
| Phoenix BNB | +0.0088% | 1h | 793.58 | +0.283% | $171K | $36K | 10x | as long as short |
| Lighter BNBlong | +0.0096% | 1h | 791.34 | long leg | $2.8M | $4.0M | 20x | |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 790.44 | −0.114% | $382K | $409K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 790.10 | −0.157% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 790.70 | −0.081% | $1.2M | $932K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 791.00 | −0.043% | $137.9M | $77.4M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 790.70 | −0.081% | $53.0M | $111.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 790.80 | −0.069% | $52K | $134K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 790.86 | −0.061% | $27.6M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 790.53 | −0.103% | $77.0M | $28.4M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 793.83 | +0.314% | $4.1M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 794.01 | +0.337% | $160K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 790.02 | −0.167% | $110K | $889K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 790.76 | −0.073% | $31K | $9K | 10x | as long as short |
| SunX BNB-USDTshort | +0.0100% | 8h | 790.60 | −0.094% | $12K | $1.6M | 50x | |
| SoDEX BNB-USD | +0.0100% | 1h | 791.00 | −0.043% | $389K | $995K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 790.88 | −0.058% | $8.1M | $8.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 790.68 | −0.083% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 790.41 | −0.118% | $1.7M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 790.69 | −0.083% | $380K | $110K | 10x | as long as short |
| Hyperliquid BNB | +0.0116% | 1h | 790.67 | −0.085% | $52.0M | $20.3M | 10x | as long as short |
| RISEx BNB/USDC | +0.0131% | 1h | 790.57 | −0.098% | $1.1M | $1.3M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0163% | 8h | 791.40 | +0.007% | $111K | $2.8M | 4.8x | as long as short |
| Bulk BNB-USD | +0.0167% | 1h | 793.21 | +0.236% | $644K | $10K | 10x | as long as short |
| BloFin BNB-USDT | +0.0182% | 8h | 794.06 | +0.343% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 791.02 | −0.041% | $28K | $2K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 791.19 | −0.020% | $1.5M | $161K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0329% | 1h | 789.76 | −0.200% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0385% | 1h | 792.60 | +0.159% | $2.7M | $5.7M | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0504% | 1h | 792.38 | +0.131% | $68K | $38K | 12x | as long as short |
dYdX BNB-USD
BingX BNB-USDT
Coinbase International BNB-PERP-INTX
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Phoenix BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Hyperliquid BNB
RISEx BNB/USDC
Kalshi KXBNBPERP
Bulk BNB-USD
BloFin BNB-USDT
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP
Hibachi BNB/USDT-P