Funding arb · Price arb /

MYX

all MYX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.036%

Price spread now: Binance against Lighter+0.029%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.183%−$18 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.029% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.183%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MYX	0.07960	0.0096	pay 0.0012% / 1h	17m 13s	$36K	$21K	3x
Short	Binance MYXUSDT	0.07962	0.0146	get 0.0073% / 4h	17m 13s	$7.5M	$9.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee BinancebpOrdersPrice spread, now +0.029%Rate

Funding earned: $10.55
Price spread: +0.029% → 0.000%: $2.95
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $3.5
Costs to cover: 0.100%
Break-even: 4.7 days

Slippage unknown: Lighter: no order-book sample; Binance: live order book, 7 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 no order-book sample	—	—	—	—	—
Sell Binance live order book, 7 min ago	0.63 bp	29.0 bp −$29	206.1 bp −$2,061	doesn't fit	doesn't fit

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MYX on 13 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 MYXlong	+0.0096%	1h	0.07960	long leg	$36K	$21K	3x
Bybit MYXUSDT	+0.0100%	4h	0.07933	−0.339%	$3.8M	$2.6M	13x	as long as short
Gate MYX_USDT	+0.0100%	8h	0.07930	−0.377%	$1.3M	$485K	10x	as long as short
KuCoin MYXUSDTM	+0.0100%	4h	0.07933	−0.339%	$2.6M	$8.0M	10x	as long as short
Bitget MYXUSDT	+0.0100%	4h	0.07942	−0.226%	$2.4M	$1.2M	10x	as long as short
Variational Omni MYX	+0.0100%	4h	0.07943	−0.219%	$7K	$55K	—	as long as short
SunX MYX-USDT	+0.0100%	4h	0.07966	+0.075%	$2K	$682K	20x	as long as short
HTX MYX-USDT	+0.0100%	4h	0.07966	+0.075%	$36K	$105K	20x	as long as short
Binance MYXUSDTshort	+0.0146%	4h	0.07962	+0.029%	$7.5M	$9.2M	10x
MEXC MYX_USDT	+0.0152%	4h	0.07961	+0.013%	$12.1M	$1.9M	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MYX-USDT	+0.0158%	4h	0.07949	−0.138%	—	$6.8M	—	as long as short
ApeX Omni MYXUSDT	+0.0175%	1h	0.07950	−0.126%	$22K	$240K	50x	as long as short
Aster MYXUSDT	+0.0476%	4h	0.07945	−0.188%	$52K	$77K	5x	as long as short