Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 92.496 | +0.0096 | pay 0.0012% / 1h | 25m 36s | $14.6M | $37.1M | 20x | Long Lighter7d free | |
| SHORT | 92.503 | +0.0100 | get 0.0013% / 1h | 25m 36s | $2.7M | $6.9M | 60x | Short TxFlow5% off |
Price gap+0.007%
Funding gap+0.0004% /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$0+0.0004% /8h now · paid 0.000% over the last 5 hours (all we have)
Price+$1spread +0.007% now, avg −0.004% → +0.011% if it goes back
Costs−$130.128% of $10k · taker + slippage, in and out
Result−$12−0.12%+ 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+0.007%
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
/8hHYPE on 55 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- OK: Fits both order books1.2 / 5.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $167Lighter 20x, TxFlow 60x. 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: +$0.12Long Lighter: 24 payments, −$2.88; short TxFlow: 24 payments, +$3.00.
- Note: Gap at its usual level+0.007% vs −0.004%The price leg adds little either way.
- Watch: Short leg is thinner$2.7M vs $14.6M 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+0.0004%/8h × 21 periods+$0.74
Price spread+0.007% → −0.004% (7d avg)+$1.10
Slippage, 4 orderslive order books−$3.77
Fee Lighter bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$10.93
Costs to cover0.128%Break-even111.0 days
Slippage: Lighter: live order book, 9 min ago; TxFlow: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter0.421.2 bp−$12.0 bp−$2011.8 bp−$1,18239.4 bp−$19.7K
SELL · SHORTTxFlow0.055.0 bp−$55.5 bp−$5514.7 bp−$1,46860.5 bp−$30.3K
Closing costs about the same again.
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