Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 47.887 | +0.0096 | pay 0.0012% / 1h | 0m 11s | $97K | $36K | 10x | Long Lighter7d free | |
| SHORT | 47.760 | −0.0327 | pay 0.0041% / 1h | 0m 11s | $28K | $142K | 50x | Short TxFlow5% off |
Price gap−0.265%
Funding gap−0.0423% /8h
Both sides work against this direction now: funding costs $13 a day on $10k and the gap is 0.265% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20−0.0423% /8h now · paid −0.204% over the last 7D
Price—spread −0.265% now · no price history on both exchanges yet
Costsno datano order book for Lighter
Result, before costs—+ Points / potential airdropLighter: Season 3 · TxFlow: points · farm boardneeds both price histories
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.204% in total, about −0.0097%/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−0.265%
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
/8hDASH on 23 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for Lighter: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $200Lighter 10x, TxFlow 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: −$12.70Long Lighter: 24 payments, −$2.88; short TxFlow: 24 payments, −$9.82.
- Note: No 7-day spread history−0.265%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$28K vs $97K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3 · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legLighter No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0097%/8h × 21 periods−$20.39
Price spread−0.265% → 0−$26.52
Slippage, 4 ordersno data for Lighter—
Fee Lighter bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$55.91
Costs to cover0.090%Break-evennever at this rate
Slippage: Lighter: no order-book sample; TxFlow: live order book, 49 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter—————
SELL · SHORTTxFlow1.055.7 bp−$615.2 bp−$152doesn’t fitdoesn’t fit
Closing costs about the same again.
Lighter: no data.
| 10-17 08:23 | Orderly | Other | 2 more Perp Anything markets for you on this fine Saturday morning ethereum:0xda5e1988097297dcdc1f90d4dfe7909e847cbef6 - World Liberty Financial $DASH - Dash Long or short both across 500+ Orderly-powered DEXs 🟣 @OrderlyNetwork on X ↗ |
| 10-16 14:23 | Orderly | Listing | new market PERP_DASH_USDC_mythos ($DASH) seen by our collector |
| 09-28 16:43 | Avantis | Other | 2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗ |
| 09-23 02:03 | SoDEX | Listing | 📊 SoDEX 24h Movers · Sep 23 61 of 93 markets higher. Brent crude fell below $95 as US-Iran direct talks at the UN signaled easing tensions, weighing on oil-linked assets. Fed officials Barkin and Collins kept a hawkish tone, leaving the door open for further hikes. CME's upcoming BCH and UNI futures listing continued to drive major gains in those tokens. What moved them bitcoin-cash:native · CME Group announced it will list BCH futures on October 19, news continued to drive buying interest. UNI · CME listing UNI futures on Oct 19, plus Uniswap handles over 99% of Robinhood Chain stock token DeFi deposits. DASH · DoorDash agreed to a $131.5M settlement with NYC, resolving the courier minimum-wage investigation and removing regulatory overhang. ZHIPU · Anthropic accused Chinese AI firms of model distillation and CAC launched probes into DeepSeek and Moonshot, pressuring Chinese AI stocks. MINIMAX · Same Anthropic distillation accusations and CAC probes into Chinese AI companies weighed on the sector. 61 up · 31 down · 1 flat across 93 perp markets. 25 also trade spot. Amid Fed hawkishness and Brent's drop below $95, Layer 1 Season posted record Week-3 open interest of $155M, with 17 weeks remaining. SoDEX Layer 1 Season campaign is ongoing since September 1; Week 3 open interest hit an ATH of $155M, with 17 weeks remaining. Trade 👉 @sodex_official on X ↗ |

Avantis
SoDEX