Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04243 | +0.0096 | pay 0.0012% / 1h | 55m 38s | $172K | $458K | 3x | Long Lighter7d free | |
| SHORT | 0.04241 | +0.0315 | get 0.0039% / 1h | 55m 38s | $2K | $190K | 5x | Short RISExInvite |
Price gap−0.045%
Funding gap+0.0219% /8h
Funding trade: +$7 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0219% /8h now · paid +0.007% over the last 21 hours (all we have)
Price+$1spread −0.045% now, avg −0.058% → +0.014% if it goes back
Costs−$570.574% of $10k · taker + slippage, in and out
Result−$55−0.55%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 21 hours it paid +0.007% in total, about +0.0026%/8h on average.
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−0.045%
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
/8hCHIP on 24 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Watch: Thin at this size16.8 / 14.2 bpAt $10k entering Lighter costs 16.8 bp, fee and slippage, 1.2× RISEx’s.
- Note: Margin at max leverage$3,333 + $2,000Lighter 3x, RISEx 5x. 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: +$6.56Long Lighter: 24 payments, −$2.88; short RISEx: 24 payments, +$9.44.
- Note: Gap at its usual level−0.045% vs −0.058%The price leg adds little either way.
- Watch: Short leg is thinner$2K vs $172K OIRISEx 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 · RISEx NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0026%/8h × 21 periods+$5.42
Price spread−0.045% → −0.058% (7d avg)+$1.36
Slippage, 4 orderslive order books−$51.41
Fee Lighter bp × 2 orders$0.00
Fee RISEx bp × 2 orders−$6.00
Net · 7 days · $10k−$50.63
Costs to cover0.574%Break-even72.3 days
Slippage: Lighter: live order book, 38 min ago; RISEx: live order book, 51 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter2.2816.8 bp−$1725.8 bp−$258doesn’t fitdoesn’t fit
SELL · SHORTRISEx2.8714.2 bp−$14doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-28 10:42 | TxFlow | Listing | At the community’s request, TxFlow has listed $CHIP. a DeFi protocol that finances AI infrastructure using GPU hardware as onchain collateral, now available with up to 50x leverage. @TxFlow_L1 on X ↗ |
| 10-28 09:24 | RISEx | Listing | new market CHIP/USDC ($CHIP) seen by our collector |
| 10-26 09:17 | TxFlow | Listing | new market CHIP-USDC ($CHIP) seen by our collector |

