Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 737.03 | +0.0096 | pay 0.0012% / 1h | 28m 04s | $3.9M | $2.0M | 20x | Long Lighter7d free | |
| SHORT | 735.96 | +0.0892 | get 0.0112% / 1h | 28m 04s | $9K | $135K | 10x | Short Aftermath Perps5% off |
Price gap−0.145%
Funding gap+0.0796% /8h
Funding pays +$24 a day on $10k, but the gap is 0.130% under its 7d average: −$13 if it goes back, about 13 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$137+0.0796% /8h now · paid +1.370% over the last 7D
Price−$13spread −0.145% now, avg −0.015% → −0.130% if it goes back
Costs−$320.321% of $10k · taker + slippage, in and out
Result+$92+0.92%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.145%
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
/8hBNB on 47 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Large against open interest1.2 / 11.0 bp$10k is over 10% of Aftermath Perps’s open interest.
- Note: Margin at max leverage$500 + $1,000Lighter 20x, Aftermath Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$23.89Long Lighter: 24 payments, −$2.88; short Aftermath Perps: 24 payments, +$26.77.
- Watch: Gap narrower than usual−0.145% vs −0.015%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$9K vs $3.9M OIAftermath Perps sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legLighter No · Aftermath Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0652%/8h × 21 periods+$136.99
Price spread−0.145% → −0.015% (7d avg)−$13.03
Slippage, 4 orderslive order books−$23.06
Fee Lighter bp × 2 orders$0.00
Fee Aftermath Perps bp × 2 orders−$9.00
Net · 7 days · $10k+$91.90
Costs to cover0.321%Break-even2.3 days
Slippage: Lighter: live order book, 5 min ago; Aftermath Perps: live order book, 51 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter0.611.2 bp−$17.2 bp−$7216.3 bp−$1,63159.8 bp−$29.9K
SELL · SHORTAftermath Perps4.4011.0 bp−$11doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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