Funding you earn now, next payment 22:00 UTC−0.2620%/8h= −286.9% APRpaid last 24h −0.141%
Price spread now: SunX against Lighter−0.423%7-day average −0.205% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.212%−$21 on $10k
+Price spread, last 3 days (all we have)+3.977%+$398 · spread now −0.423%, 7d avg −0.205%
=Together, before fees+3.765%+ Points / potential airdropLighter: Season 3 · farm board+$377 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$79 a day on $10k at the current rate, and SunX is 0.218% cheaper against Lighter than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.205%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.212% in total (about -11.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MEGA | 0.04494 | 0.2720 | pay 0.0340% / 1h | 9m 27s | $621K | $327K | 3x |
| Short | SunX MEGA-USDT | 0.04475 | 0.0100 | get 0.0050% / 4h | 2h 09m | $1K | $1.9M | 10x |
Lighter MEGA
SunX MEGA-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
- −$550.2
- Price spread: −0.423% → −0.205%
- −$21.75
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$579.95
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 6 min ago; SunX: live order book, 6 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 Lighter live order book, 6 min ago | 28.79 bp | 41.0 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 500.33 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
MEGA on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0288% | 1h | 0.04490 | −0.080% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04472 | −0.490% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04477 | −0.378% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0048% | 1h | 0.04473 | −0.456% | $193K | $150K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0098% | 4h | 0.04472 | −0.490% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04473 | −0.473% | $20K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04475 | −0.416% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04473 | −0.468% | $4.0M | $12.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04471 | −0.512% | $3.4M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04474 | −0.445% | $916K | $2.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04465 | −0.641% | $132K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04472 | −0.490% | $191K | $311K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04473 | −0.467% | $771K | $356K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04475 | −0.423% | $236K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04474 | −0.445% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04471 | −0.512% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04467 | −0.592% | $238K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04472 | −0.489% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04471 | −0.512% | $24K | $229K | 50x | as long as short |
| SunX MEGA-USDTshort | +0.0100% | 4h | 0.04475 | −0.423% | $1K | $1.9M | 10x | |
| Extended MEGA-USD | +0.0104% | 1h | 0.04473 | −0.476% | $127K | $613K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0118% | 4h | 0.04474 | −0.445% | $197K | $76K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04473 | −0.457% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04471 | −0.501% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0236% | 1h | 0.04477 | −0.378% | $18K | $41K | 5x | as long as short |
| Hyperliquid MEGA | +0.1180% | 1h | 0.04485 | −0.191% | $7.6M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1248% | 1h | 0.04479 | −0.332% | $108 | $15 | 25x | as long as short |
| Lighter MEGAlong | +0.2720% | 1h | 0.04494 | long leg | $621K | $327K | 3x |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL