Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 76,313.8 | +0.0096 | pay 0.0012% / 1h | 44m 44s | $163.9M | $1.31B | 50x | Long Lighter7d free | |
| SHORT | 76,272.8 | L +0.0096S −0.0096 | get 0.0012% / 1h | 44m 44s | $953K | — | 50x | Short Avantis |
Price gap−0.054%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$4 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid −0.001% over the last 7D
Price+$4spread −0.054% now, avg −0.094% → +0.040% if it goes back
Costsno datano order book for Avantis
Result, before costs+$4+0.04%+ Points / potential airdropLighter: Season 3 · Avantis: Season 3 · farm boardcosts unknown: no order book for Avantis ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.054%
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
/8hBTC on 55 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$200 + $200Lighter 50x, Avantis 50x. 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: $0.00Long Lighter: 24 payments, −$2.88; short Avantis: 24 payments, +$2.88.
- OK: Entry gap works for you−0.054% vs −0.094%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$953K vs $163.9M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3 · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legLighter No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods−$0.10
Price spread−0.054% → −0.094% (7d avg)+$4.03
Slippage, 4 ordersno data for Avantis—
Fee Lighter bp × 2 orders$0.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$5.08
Costs to cover0.090%Break-evennever at this rate
Slippage: Lighter: live order book, 7 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGLighter0.011.2 bp−$11.5 bp−$152.4 bp−$2375.3 bp−$2,673
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
BTC news
posts that mention BTC, from every exchange| 11-05 15:14 | Injective | Other | @Nasdaq @BitGo 4/ $INJ now joins $BTC, $ETH and $SOL among the few major crypto assets with a dedicated U.S. ETF. A major step in bringing Injective to traditional capital markets. @injective on X ↗ |
| 11-05 15:09 | RISEx | Other | Since August, trading on RISEx has become much cheaper with far less slippage; the pool is being adjusted to support these improvements. $100K orders are cheaper across $BTC, $ETH, $XAU, $SPY and $QQQ. Index ETFs improved most, about 85% cheaper, with gold about 65%. $200K $SPY and $QQQ orders couldn’t reliably fill within 20 bps in August. By October, they were closer to 2 bps. Your size continues to add depth to the book, and every large order brings in more liquidity and raises the bar for what RISEx has to deliver. RISEx is still the only venue that pays slippage back. Keep sizing up. @risextrade on X ↗ |
| 11-05 13:48 | Pacifica | Other | How does BTC’s performance compare to ETH and SOL? With Neptune, you’ll be able to turn that question into a dashboard, showing how each asset performed, how far it fell from its highs, and how closely their prices moved together. Choose the assets and timeframe in plain language, and explore the results within your workspace. @pacifica_fi on X ↗ |
| 11-05 12:17 | Phemex | Other | ethereum:native +7.4%. $BTC +4.8%. When risk is back on, which one do you reach for first? 👉 ethereum:native/USDT: @Phemex_official on X ↗ |
| 11-05 12:16 | Phemex | Other | BTC ETFs just flipped: ~$276M net inflow in one day. Real demand or short covering? 🏦 / 🔄 👉 ethereum:native/USDT: @Phemex_official on X ↗ |
| 11-05 09:55 | Phemex | Other | $BTC dipped to ~$75.6K overnight. Reclaimed $80K the same day. Caught the dip 🟢 or bought the reclaim 🔴? 👉 @Phemex_official on X ↗ |
Injective
RISEx
Pacifica
Phemex