Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.5980 | −0.0255 | get 0.0032% / 1h | 12m 36s | $109K | $91K | 25x | Long TxFlow5% off | |
| SHORT | 2.6020 | −0.0232 | pay 0.0029% / 1h | 12m 36s | $152K | $107K | 5x | Short Lighter7d free |
Price gap+0.154%
Funding gap+0.0023% /8h
Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$52+0.0023% /8h now · paid +0.515% over the last 7D
Price+$1spread +0.154% now, avg +0.144% → +0.010% if it goes back
Costs−$350.345% of $10k · taker + slippage, in and out
Result+$18+0.18%+ Points / potential airdropTxFlow: points · Lighter: Season 3 · 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+0.154%
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
4 ok · 1 to watch- OK: Fits both order books8.8 / 12.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $2,000TxFlow 25x, Lighter 5x. 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: +$0.69Long TxFlow: 24 payments, +$7.65; short Lighter: 24 payments, −$6.96.
- Note: Gap at its usual level+0.154% vs +0.144%The price leg adds little either way.
- Watch: Long leg is thinner$109K vs $152K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Lighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0245%/8h × 21 periods+$51.55
Price spread+0.154% → +0.144% (7d avg)+$0.99
Slippage, 4 orderslive order books−$25.50
Fee TxFlow bp × 2 orders−$9.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k+$18.04
Costs to cover0.345%Break-even4.6 days
Slippage: TxFlow: live order book, 5 min ago; Lighter: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow3.868.8 bp−$918.1 bp−$18182.6 bp−$8,256doesn’t fit
SELL · SHORTLighter3.6612.1 bp−$1228.4 bp−$284doesn’t fitdoesn’t fit
Closing costs about the same again.
Orderly