Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.8892 | +0.0096 | pay 0.0012% / 1h | 18m 09s | $80K | $334K | 10x | Long Lighter7d free | |
| SHORT | 0.8887 | +0.0180 | get 0.0180% / 8h | 18m 09s | $1.3M | $682K | 75x | Short BloFin |
Price gap−0.054%
Funding gap+0.0084% /8h
Funding pays +$3 a day on $10k, but the gap is 0.067% under its 7d average: −$7 if it goes back, about 2.6 days of funding.
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−$7spread −0.054% now, avg +0.013% → −0.067% if it goes back
Costs−$380.375% 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−0.054%
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
/8hDOT on 28 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Large against open interest5.9 / 10.3 bp$10k is over 10% of Lighter’s open interest.
- Note: Margin at max leverage$1,000 + $133Lighter 10x, BloFin 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$2.52Long Lighter: 24 payments, −$2.88; short BloFin: 3 payments, +$5.40.
- Watch: Gap narrower than usual−0.054% vs +0.013%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$80K 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: KYCLighter No · BloFin LimitedNo 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−0.054% → +0.013% (7d avg)−$6.67
Slippage, 4 orderslive order books−$25.54
Fee Lighter bp × 2 orders$0.00
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k−$13.96
Costs to cover0.375%Break-even10.2 days
Slippage: Lighter: live order book, 22 min ago; BloFin: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter4.685.9 bp−$615.8 bp−$158doesn’t fitdoesn’t fit
SELL · SHORTBloFin3.3810.3 bp−$1016.7 bp−$16741.5 bp−$4,153doesn’t fit
Closing costs about the same again.

