Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,719.9 | +0.0056 | pay 0.0007% / 1h | 57m 18s | $121.7M | $265.8M | 50x | Long Lighter7d free | |
| SHORT | 2,719.3 | +0.0036 | get 0.0005% / 1h | 57m 18s | $6.3M | $12.2M | 75x | Short TxFlow5% off |
Price gap−0.021%
Funding gap−0.0020% /8h
Funding costs $1 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$0−0.0020% /8h now · paid +0.001% over the last 5 hours (all we have)
Price+$1spread −0.021% now, avg −0.029% → +0.008% if it goes back
Costs−$100.103% of $10k · taker + slippage, in and out
Result−$9−0.09%+ Points / potential airdropLighter: Season 3 · TxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.021%
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
/8hETH on 56 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- OK: Fits both order books0.6 / 4.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $133Lighter 50x, TxFlow 75x. 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: −$0.60Long Lighter: 24 payments, −$1.68; short TxFlow: 24 payments, +$1.08.
- Note: Gap at its usual level−0.021% vs −0.029%The price leg adds little either way.
- Watch: Short leg is thinner$6.3M vs $121.7M 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+0.0021%/8h × 21 periods+$4.51
Price spread−0.021% → −0.029% (7d avg)+$0.78
Slippage, 4 orderslive order books−$1.25
Fee Lighter bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$4.96
Costs to cover0.103%Break-even14.7 days
Slippage: Lighter: live order book, 7 min ago; TxFlow: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter0.610.6 bp−$10.7 bp−$71.1 bp−$1093.3 bp−$1,661
SELL · SHORTTxFlow0.024.5 bp−$54.5 bp−$454.9 bp−$4936.8 bp−$3,378
Closing costs about the same again.
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