Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.8893 | +0.0180 | pay 0.0180% / 8h | 8m 13s | $1.3M | $683K | 75x | Long BloFin | |
| SHORT | 0.8891 | +0.0096 | get 0.0012% / 1h | 8m 13s | $83K | $337K | 10x | Short Lighter7d free |
Price gap−0.025%
Funding gap−0.0084% /8h
Funding costs $3 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$30−0.0084% /8h now · paid −0.302% over the last 7D
Price−$1spread −0.025% now, avg −0.013% → −0.012% if it goes back
Costs−$330.329% of $10k · taker + slippage, in and out
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−0.025%
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
/8hDOT on 28 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Large against open interest11.1 / 6.0 bp$10k is over 10% of Lighter’s open interest.
- Note: Margin at max leverage$133 + $1,000BloFin 75x, Lighter 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.52Long BloFin: 3 payments, −$5.40; short Lighter: 24 payments, +$2.88.
- Note: Gap at its usual level−0.025% vs −0.013%The price leg adds little either way.
- Watch: Short leg is thinner$83K vs $1.3M OILighter sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- Watch: KYCBloFin Limited · Lighter NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0144%/8h × 21 periods−$30.24
Price spread−0.025% → −0.013% (7d avg)−$1.21
Slippage, 4 orderslive order books−$20.93
Fee BloFin bp × 2 orders−$12.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$64.37
Costs to cover0.329%Break-evennever at this rate
Slippage: BloFin: live order book, 5 min ago; Lighter: live order book, 32 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin1.1211.1 bp−$1118.9 bp−$18948.4 bp−$4,838doesn’t fit
SELL · SHORTLighter4.686.0 bp−$614.2 bp−$142doesn’t fitdoesn’t fit
Closing costs about the same again.

