Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.5119 | +0.0096 | pay 0.0012% / 1h | 32m 35s | $3.3M | $6.7M | 20x | Long Lighter7d free | |
| SHORT | 1.5110 | +0.0096 | get 0.0012% / 1h | 32m 35s | $110K | $306K | 50x | Short Popdex |
Price gap−0.062%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$750.0000% /8h now · paid −0.750% over the last 7D
Price−$1spread −0.062% now, avg −0.052% → −0.010% if it goes back
Costs−$370.369% of $10k · taker + slippage, in and out
Result−$113−1.13%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / ExitPopdex: thin, under $1M open interest
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−0.062%
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
/8hGRAM on 21 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- OK: Fits both order books6.0 / 14.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $200Lighter 20x, Popdex 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: $0.00Long Lighter: 24 payments, −$2.88; short Popdex: 24 payments, +$2.88.
- Note: Gap at its usual level−0.062% vs −0.052%The price leg adds little either way.
- Watch: Short leg is thinner$110K vs $3.3M OIPopdex 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 · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0391%/8h × 21 periods−$82.14
Price spread−0.062% → −0.052% (7d avg)−$1.05
Slippage, 4 orderslive order books−$30.47
Fee Lighter bp × 2 orders$0.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$120.06
Costs to cover0.369%Break-evennever at this rate
Slippage: Lighter: live order book, 5 min ago; Popdex: live order book, 60 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter1.596.0 bp−$621.9 bp−$219152.5 bp−$15.3Kdoesn’t fit
SELL · SHORTPopdex3.3014.1 bp−$14122.0 bp−$1,220doesn’t fitdoesn’t fit
Closing costs about the same again.

