Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.6153 | −0.0248 | get 0.0031% / 1h | 18m 51s | $152K | $132K | 5x | Long Lighter7d free | |
| SHORT | 2.6130 | −0.0060 | pay 0.0008% / 1h | 18m 51s | $106K | $92K | 25x | Short TxFlow5% off |
Price gap−0.088%
Funding gap+0.0188% /8h
Both sides work: funding pays +$6 a day on $10k, and the gap is 0.056% above its 7d average: +$6 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$51+0.0188% /8h now · paid −0.513% over the last 7D
Price+$6spread −0.088% now, avg −0.144% → +0.056% if it goes back
Costs−$350.345% of $10k · taker + slippage, in and out
Result−$80−0.80%+ 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−0.088%
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
/8hICP on 29 exchanges
lowest funding firstBefore you open
5 ok · 1 to watch- OK: Fits both order books4.9 / 8.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$2,000 + $400Lighter 5x, TxFlow 25x. 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: +$5.63Long Lighter: 24 payments, +$7.44; short TxFlow: 24 payments, −$1.81.
- OK: Entry gap works for you−0.088% vs −0.144%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$106K vs $152K 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−0.0244%/8h × 21 periods−$51.31
Price spread−0.088% → −0.144% (7d avg)+$5.58
Slippage, 4 orderslive order books−$25.50
Fee Lighter bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$80.23
Costs to cover0.345%Break-evennever at this rate
Slippage: Lighter: live order book, 58 min ago; TxFlow: live order book, 59 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter3.664.9 bp−$522.1 bp−$221doesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.868.8 bp−$915.0 bp−$15087.7 bp−$8,775doesn’t fit
Closing costs about the same again.
Orderly