TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG119.48+0.0100pay 0.0100% / 8h7h 51m$3.4M$3.8M50xLong Phemex
SHORT119.40+0.0040get 0.0005% / 1h51m 45s$102K$428K10xShort Lighter RH+10% pts
Price gap−0.064%
Funding gap−0.0060% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.042% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$5−0.0060% /8h now · paid −0.047% over the last 7D
Price−$4spread −0.064% now, avg −0.021% → −0.042% if it goes back
Costs−$440.442% of $10k · taker + slippage, in and out
Result−$53−0.53%+ Points / potential airdropLighter RH: Points live · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.064%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

AAVE on 45 exchanges

lowest funding first

Before you open

1 ok · 5 to watch
  • Watch: Thin at this size24.6 / 4.2 bp
    At $10k entering Phemex costs 24.6 bp, fee and slippage, 5.8× Lighter RH’s.
  • Note: Margin at max leverage$200 + $1,000
    Phemex 50x, Lighter RH 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$1.80Long Phemex: 3 payments, −$3.00; short Lighter RH: 24 payments, +$1.20.
  • Watch: Gap narrower than usual−0.064% vs −0.021%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$102K vs $3.4M OI
    Lighter RH sets your exit cost. Check its book before closing.
  • OK: Points on a legLighter RH Points live
    Volume here counts toward the points program.
  • Watch: KYCPhemex Yes · Lighter RH No
    KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0024%/8h × 21 periods−$5.11
Price spread−0.064% → −0.021% (7d avg)−$4.24
Slippage, 4 orderslive order books−$32.19
Fee Phemex bp × 2 orders−$12.00
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k−$53.54
Costs to cover0.442%Break-evennever at this rate
Slippage: Phemex: live order book, 5 min ago; Lighter RH: live order book, 24 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPhemex4.1924.6 bp−$2534.4 bp−$344doesn’t fitdoesn’t fit
SELL · SHORTLighter RH3.234.2 bp−$420.0 bp−$200doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

AAVE news

posts that mention AAVE, from every exchangeSearch all news →
10-23 14:30Lighter RHListingnew market AAVE ($AAVE) seen by our collector
10-15 08:55ReyaListingnew market AAVERUSDPERP ($AAVE) seen by our collector
09-29 08:55ApeX OmniOther50 up, 36 down on the ApeX board, median +1.1%. DeFi and payment names swept it: $CRV +21.5%, $HBAR +20.3%, ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 +15.8%, $XLM +11.2%, $AAVE +11.2%. ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 has bounced 64% off its August low since ApeX confirmed on 9 Sep that supply is fixed at 500M with no unlocks left. @OfficialApeXdex on X ↗
09-28 15:17OKXOtherNew X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗
09-19 12:00KuCoinOtherAltseason 2026 hasn't officially started—CoinMarketCap's Altcoin Season Index sits near 44, well below the 75 threshold, and Bitcoin dominance is still holding around 58%. But a handful of names are already breaking away: HYPE and ZEC are leading on market cap and momentum, LINK and ONDO anchor the RWA/oracle narrative, while UNI, AAVE, XRP, PENGU, PONS, and Binance Life round out the top 10 watchlist. Which 10 altcoins are traders positioning in before the rotation? We break it all down on the KuCoin Blog 👇 @kucoincom on X ↗